Otedola Pledges $100 Million Investment in Dangote Refinery
Nigerian billionaire Femi Otedola has announced a $100 million investment in the Dangote Petroleum Refinery through a private placement. This significant capital injection comes as the refinery's initial public offering attracts strong investor interest.
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Otedola to invest $100 million in Dangote Petroleum Refinery through private placement
Mr Otedola noted that he is hoping to invest part of the proceeds of the divestment of his shareholding in Geregu Power, an electricity generation company he took public in October 2022, in the private placement. The post Otedola to invest $100 million in Dangote Petroleum Refinery through private placement appeared first on Premium Times Nigeria.
By Ronald Adamolekun
Read full article →PHOTOS: Dangote hosts Otedola, First HoldCo executives at refinery
Aliko Dangote hosted Femi Otedola and senior First HoldCo executives at the Dangote Refinery, highlighting collaboration for Africa’s industrial future. Read More: https://punchng.com/photos-dangote-hosts-otedola-first-holdco-executives-at-refinery/
By Punch Newspapers
Read full article →Otedola to invest $100m in Dangote refinery
The Chairman of First HoldCo, Femi Otedola, has announced plans to invest $100 million in Dangote refinery. The post Otedola to invest $100m in Dangote refinery appeared first on Vanguard News.
By efosataiwo@vanguardngr.com
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