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Prolific filmmaker, Niyi Akinmolayan, pictured worshiping Ṣàngó (Photos)

Published

4 years ago

June 10, 2022

A Nigerian film-maker, director and media consultant, Niyi Akinmolayan, who is best known for directing the highest grossing Nigerian film of all time, set tongues wagging recently for partaking in Ṣàngó worshiping ritual.

Ṣàngó, also known as Changó or Xangô in Latin America and as Jakuta or Badé, is an Orisa, a deity in Yoruba religion.

Sango / Komotion Studio @komotion_studios

In a post shared by the filmmaker himself on his microblogging site handle, Twitter, Akinmolayan revealed that the ritual is a part of a documentary in production.

The filmmaker also wrote highly of the popular and legendary deity’s love for fashion as the orisa is known for always plaiting his hair like a woman.

Niyi Akinmolayan, filmmaker

“Today I visited sango’s shrine. Did some acts of worship, spat out Chelsea gin on the altar and picked bitterkola off the floor with my mouth and I made a lot of prayers for Anthill studios. Did you know that Sango was a fashionista…he had so much hair his wives braided them.

“That’s why Sango worshippers braid their hair and even pierced their ears and use lots of jewelry. We will be hanging out with lots of Sango worshipers tomorrow as part of our #rainmaker documentary. So much to be revealed,” he wrote excitedly.

Today I visited sango’s shrine. Did some acts of worship, spat out Chelsea gin on the altar and picked bitterkola off the floor with my mouth and I made a lot of prayers for Anthill studios. Did you know that Sango was a fashionista…he had so much hair his wives braided them. pic.twitter.com/xjfWX2l8Cd
— Niyi Akinmolayan (@niyiakinmolayan) June 3, 2022

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The Ondo born successful movie maker, the founder and Creative Director of Anthill Productions, was behind The Wedding Party 2, a sequel to the equally successful film The Wedding Party (2016).

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Dangote Refinery Sets ₦525 Share Price for Landmark IPO

Published

4 weeks ago

September 5, 2026

Basit Saba

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.