Aradel Holdings has quietly crossed a threshold in Nigeria's upstream oil industry, emerging as the dominant shareholder in Renaissance Africa Energy Consortium with a 53.3 percent stake after completing a $250 million acquisition of an additional 40 percent interest in ND Western.
The transactio
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
