Tag: Aradel Holdings

Nigerian businessman Ladi Jadesimi, chairman of Aradel Holdings.
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Nigerian businessman Ladi Jadesimi’s Aradel stake gains $27 million in 12 days

Ladi Jadesimi’s Aradel stake gains $27 million as the energy company’s shares rise after strong half-year earnings.

Timilehin Adejumobi Timilehin Adejumobi
Nigerian businessman and GTBank co-founder, Fola Adeola.
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GTBank co-founder Fola Adeola gains $44 million as oil stake hits $271 million

Fola Adeola’s Aradel stake rebounds to $271.4 million as shares rise 19.7 percent after a sharp June-to-July selloff.

Omokolade Ajayi Omokolade Ajayi
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Nigeria’s Aradel posts $1.8 billion revenue as first-half production surges 523%

Aradel Holdings posts $1.8 billion revenue as first-half production surges 523 percent, lifting operating profit to $767.5 million.

Omokolade Ajayi Omokolade Ajayi
Aradel refinery chief Temitayo Ogunbanjo.
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Aradel refinery chief Temitayo Ogunbanjo sells $3.3 million stake as shares slide 37%

Temitayo Ogunbanjo has sold Aradel shares worth N4.53 billion ($3.3 million) amid recent stock market pressure.

Omokolade Ajayi Omokolade Ajayi
Aradel general counsel Titilola Omisore
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Aradel general counsel Titilola Omisore sells $4.7 million stake as shares slide 37%

Aradel Holdings General Counsel Titilola Omisore divests 5 million shares for $4.7 million as the energy firm's stock drops 37 percent.

Omokolade Ajayi Omokolade Ajayi
Nigerian businessman and GTBank co-founder, Fola Adeola.
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GTBank’s co-founder Fola Adeola loses $130 million in Aradel sell-off

Fola Adeola loses $130 million in paper wealth as an NGX market correction hits Aradel Holdings shares.

Omokolade Ajayi Omokolade Ajayi
Beninese-Gabonese oil billionaire Samuel Dossou-Aworet
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Beninese-Gabonese oil billionaire Samuel Dossou-Aworet to pocket $8.9 million Aradel dividend after record year

Samuel Dossou-Aworet is set to receive an $8.9 million Aradel dividend after the Nigerian energy producer posted record 2025 earnings.

Omokolade Ajayi Omokolade Ajayi
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Nigeria’s energy giant Aradel posts $90 million Q1 profit as new assets pay off

Aradel Holdings reports a 252 percent surge in Q1 profit to $90 million, powered by newly integrated upstream and gas assets.

Omokolade Ajayi Omokolade Ajayi
Nigerian businessman Ladi Jadesimi, chairman of Aradel Holdings.
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Nigerian businessman Ladi Jadesimi set for $3.9 million Aradel dividend

Ladi Jadesimi is set for a $3.9 million Aradel Holdings dividend after the Nigerian energy group’s annual profit surged by 192 percent.

Omokolade Ajayi Omokolade Ajayi
Nigerian businessman and GTBank co-founder, Fola Adeola.
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GTBank co-founder Fola Adeola eyes $4 million dividend from Nigerian energy giant Aradel

Fola Adeola to receive over $4 million dividend from Aradel Holdings after record 2025 profit driven by strong earnings and acquisitions.

Omokolade Ajayi Omokolade Ajayi
Beninese-Gabonese oil billionaire Samuel Dossou-Aworet
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Beninese-Gabonese oil mogul Samuel Dossou-Aworet buys Aradel shares worth $221 million

He acquired 171,793,774 ordinary shares through Petrolin Trading Limited, strengthening his position in Nigeria’s energy sector.

Omokolade Ajayi Omokolade Ajayi
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Nigeria’s Aradel profit jumps to $555 million as gas, oil acquisitions pay off

Aradel Holdings' profit hit $555.7 million in 2025 as production gains and strategic upstream acquisitions drove growth.

Omokolade Ajayi Omokolade Ajayi