Business
Quorum Aviation’s Helicopter Crashes In Lagos
An Helicopter belonging to Quorum Aviation has crashed today in Lagos.
It was gathered that the copter dropped from the sky around 12 noon at a building in Salvation Opebi, Ikeja, Lagos.
The aviation company with office in Saka Tinubu Lagos is being owned by a billionaire oil and gas mogul, Abiola Lukman Lawal.
Public Relations Officer of the Lagos State Emergency Management Agency, Nosa Okunbor, confirmed the incident to our correspondent in a telephone conversation.
“Yes, it just happened. The helicopter crashed in Opebi around 12pm. LASEMA operatives are on our way to the incident site. I’ll give you more updates,” he said.
The Acting Coordinator of Lagos Territorial Office of National Emergency Management Agency, NEMA, Ibrahim Farinloye, was quoted saying that two persons have been confirmed dead while one was rescued alive.
The General Manager, Lagos State Emergency Management Agency, Olufemi Oke-Osanyintolu, also confirmed the death of two people, adding that one person had been admitted into the Intensive Care Unit of the Lagos State University Teaching Hospital.
Oke-Osanyintolu said, “The agency received distress calls concerning a privately operated helicopter that crashed into 16A Salvation Road, Opebi, Ikeja and immediately activated the emergency response plan.
“The helicopter was carrying three people, one is in the intensive care unit at the Lagos State University Teaching Hospital, while the other two were killed on impact and their bodies have been deposited in a mortuary. We are on top of challenges, especially crowd control. The operation is ongoing and updates will follow.”
www.crystal.ng.com spoke with top official at the company who confirmed the incident and he told us to exercise patience as official report would soon be released.
‘’ Yes, it is our chopper, please be patient with us, this is indeed a difficult time for us, we shall make official report on this in an hour’’ He said.
Quorum aviation secured its Air Operators’ Certificate, OAC in 2018 after scaling through five rigorous stages with the Nigerian Civil Aviation Authority, NCAA.
Dangote Petroleum Refinery has set its initial public offering price at ₦525 per share, with the company seeking to raise about ₦2.15 trillion as it prepares to enter Nigeria’s public equities market.
The Securities and Exchange Commission has approved the offer for 4.1 billion ordinary shares at ₦525 each. If fully subscribed, the offer would generate approximately ₦2.15 trillion, equivalent to about $1.6 billion at current exchange rates.
The offering is expected to open on 14 September 2026, according to Aliko Dangote, the president of Dangote Industries. The planned sale is positioned to become one of the largest equity offerings in Africa.
The IPO marks a significant step in Dangote Group’s plans to broaden ownership of the refinery and raise additional capital for expansion.
The refinery currently has a stated processing capacity of 650,000 barrels of crude oil per day. Dangote has said the company plans to increase that capacity to 1.4 million barrels per day as part of its longer-term expansion strategy.
The planned share sale follows a $1 billion underwriting programme completed in August, providing additional financial backing ahead of the public offering.
The refinery, located in the Lekki area of Lagos State, is one of Africa’s largest industrial projects and has become an increasingly important player in Nigeria’s fuel supply market since beginning operations.
The public offering will give Nigerian investors an opportunity to acquire shares in the refinery directly, while providing Dangote Petroleum Refinery with fresh capital to support its next phase of growth.
The company has also indicated ambitions to expand beyond its current Nigerian operations, with Dangote recently announcing plans for another refinery project in Kenya.
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