Nigerian oil magnate Gabriel Ogbochie’s stake in Eterna rebounds above $20 million
Richemont, controlled by South Africa’s Johann Rupert, posted $12.3 billion in half-year sales as strong jewelry demand and solid retail gains lifted results.
Nigerian oil magnate
Nigerian oil magnate Gabriel Ogbochie’s Eterna posts $103 million in half-year revenue
Eterna Plc posts $103.9 million H1 revenue and returns to profit, supported by FX gains, tighter cost controls, and stronger fuel distribution.
Emeka Offor donates $5 million to fight maternal deaths in Nigeria
Nigerian oil mogul Emeka Offor pledges $5 million to The Rotary Foundation to improve maternal and neonatal health in Nigeria’s high-need areas.
Nigerian oil magnate Tein Jack-Rich puts BelemaOil up for sale
This comes just five months after BelemaOil restarted production at Oil Mining Lease 55 (OML 55).
Nigerian oil magnate Wale Tinubu’s Oando posts $51 million in profit in 2023
Oando’s average production for 2023 was 20,837 barrels per day, slightly up from 20,703 barrels per day in 2022.
Nigerian oil magnate Emeka Offor makes new donation following $30-million book distribution
The donation adds to Offor’s extensive philanthropic record.
Nigerian oil magnate Wale Tinubu’s Oando to double production with Eni deal
This projection comes with the expectation of further scaling up to 100,000 barrels daily by 2029 through new drilling and security improvements.