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Otedola to invest $100 million in Dangote Petroleum Refinery through private placement

Otedola to invest $100 million in Dangote Petroleum Refinery through private placement

Femi Otedola, the chairman and biggest shareholder of financial services groupFirst HoldCo Plc, hopes to invest $100 million in the proposed private placement of Dangote Petroleum Refinery. The billionaire tycoon made this known to journalists during a tour by the management team of First HoldCo to ...

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Verified on May 20, 2026

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