Tag: Aradel Holdings

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Nigerian energy veteran Layi Fatona.
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Nigerian energy veteran Layi Fatona named ND Western chair amid upstream expansion plans

Layi Fatona has been named chairman of ND Western, reinforcing the company’s upstream oil and gas expansion strategy as it strengthens production and asset growth in Nigeria.

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Adegbite Falade, Managing Director and Chief Executive Officer of Aradel Holdings.
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Rising Aradel share price pushes CEO Adegbite Falade’s stake close to $15 million

Aradel CEO Adegbite Falade’s stake climbs toward $15 million as shares gain one hundred seventy percent on Nigerian Exchange.

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Beninese-Gabonese oil billionaire Samuel Dossou-Aworet
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Beninese-Gabonese oil mogul Samuel Dossou-Aworet’s Aradel stake nears $500 million as shares rally on NGX

Samuel Dossou-Aworet’s Aradel stake nears $500 million as shares rally on the Nigerian Exchange driven by strong earnings and rising valuation.

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