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Salute to a Champion Extraordinaire, Jubril Adewale Tinubu at 58

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-By Adebayo Adeoye

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For Jubril Adewale Tinubu, the head honcho of leading Oil and Gas company, Oando Plc, getting positive result that will position Oando as a world class brand to reckon with remains his top priority. He is  proving to the world  that; he knows the Oil and Gas business like the back of his hands.

The very brilliant businessman is proving to the world that he is definitely a master in the art of making money.

To say that the Lagos State born is a big player in the oil and gas industry is stating the obvious, in fact, he has emerged a glittering star in the business firmament. The trained lawyer plies his trade in such a way that makes many of his competitors green with envy. Indeed, he enjoys uncommon grace so much that he now sits atop a multi-billion naira conglomerate with various subsidiaries in oil & gas, properties and so many other businesses scattered around the world.

It’s no longer a hidden fact that the Oando boss, had always displayed his unrivalled wizardry and Midas touch with his wealth of experience in business. This has helped him weathered all typhoon storm surfacing.
Wale Tinubu is still standing tall like the proverbial iroko tree.

The czar and his team had yet again proved their worth by keeping Oando afloat and also put smiles on the face of investors by positioning the oil firm among the best in the world.
With this growth as revealed , the man has been described as a champion extraordinaire whose magic wand is forever potent even when least expected.

Wale Tinubu’s success may not come as a surprise to those close to him
because he has over the years, shown evidence that he’s well versed in
oil and gas business; and like a business cognoscenti, he knows when to
throw the dice and even reinvent in a shaky business environment. The
words of a former British Prime Minister, Winston Churchill; “The
empires of the future are empires of the mind” gives credence to Tinubu’s evident ability to successfully overcome challenges.

The story started almost 31 years ago, precisely December 1994, from a relatively small  company, Ocean and Oil Services Limited with his friends, Omamofe Boyo and Onajite Okoloko to supply diesel and Low Pour Fuel Oil (LPFO) to various industries, shipping firms and exploration.

Tinubu has grown into perhaps one of the biggest players in world oil business. To those with discerning minds, his success, which ranks him as not one of your run-off-the-mill businessmen, is rooted in his uncommon brilliance and business acumen.

Interestingly, more than three  decades aher  sowed in pains, the investment has grown, before his very  eyes, to become a multinational conglomerate worth millions of dollars spread across five West Africancountries. At the outset, they bought their first vessel, MT Carolina, in the mid-90s to supply diesel to off-shore companies from the Port-Harcourt Refinery.

Tinubu’s continued success is worthy of emulation by entrepreneurs and prospects especially in Nigeria’s inclement business environment.

In philanthropy, Tinubu takes seriously the Islamic teaching that enjoins the faithful to be generous. Today, in Nigeria, his name ranks among those most synonymous with the altruism. Blessed with a deep – pocket, a large heart and even deeper passion for humanity, the philanthropist has over the years proved to be a pacesetter in terms of humanitarian gestures.

 

In this, he deserves a resounding thumbs up. He has lifted countless souls with his magnanimity; he has been an angel of hope for the heavy-hearted around him; he has also lavished his favours on millions around the globe; and he has provided a torch that lights the dark path of the hopeless in the society.

 

As an entrepreneur of repute, he has provided employment opportunities for several, in and outside the country, thereby enabling them to live their dreams.

 

Though he does not court publicity for his humanitarian gestures, he is nonetheless an unsung hero. His worthy deeds have not gone unnoticed, as he has been honoured, both at home and abroad for making his world a better place to live in.

 

 

 

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Dangote Refinery Sets ₦525 Share Price for Landmark IPO

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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.

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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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Glo @23: Staff Unite for a Memorable Sports Celebration

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Glo

Glo marks its 23rd anniversary with a lively staff sports fiesta in Lagos, featuring football, games, prizes and celebrations centred on teamwork (more…)

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Adron Group Spotlights Affordable Property at ESG Expo

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Adron Group

Adron Homes affordable land options take centre stage in Lagos as flexible payment plans and property opportunities draw visitors at the 2026 expo (more…)

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