Business

Sola Sobowale tears up over huge announcement, lands first Bollywood role

Published

4 years ago

July 13, 2022

The Nigerian movie industry is no doubt soaring higher daily and one can’t help but be proud of the actors and actresses.

One of Nollywood’s most sought-after actress, Sola Sobowale is going international.

The “King of Boys” actress made a special announcement on her Instagram page recently.

Sola revealed that she would be going to India to join record-breaking Director, Hamisha Daryani Ahuja for her latest project.

Sobowale also said that she would be surely going to India to film and she would be playing a very dynamic role in the project.

“I am so excited to announce that I will be working with record breaking Director/Exec Producer @HamishaDaryaniAhujaon her upcoming project! And….get this…we will be going to India to film! I will be playing a very dynamic role in this project and cannot wait for you to watch it”.

Sola Sobowale had held a special thanksgiving at the St Peter’s African Church, Lagos where she danced like the Biblical David to honour God for being so good and kind to her. It was reported that the veteran actress and King of Boys star, Sola Sobowale showed up in a wine and white lace mix with wine headgear.

After dancing with joy, Sola Sobowale went on her kneels at the altar and received special prayers from the clergies.

Sharing photos from the special thanksgiving on her page, Sola Sobowale wrote “We thank God for all his mercies. ALLELUIA! Thanksgiving Sunday… May all our thanksgivings be accepted in the mighty name of Jesus. Amen.”

Ebuka on Men’s Friendships Sparks Viral Debate

Damilola Oni Celebrates New Mercedes-Benz Purchase

Showmax’s Hit Telenovela, Wura, Returns For a Second Season This December

Related Topics:Featured nollywood sola sobowale

Up Next

Collision Course: Excitement grows as Netflix debut approaches

Don't Miss

Toyin Abraham celebrates as husband inks first endorsement deal (Video)

Nollytrailers

Click to comment

Business

Dangote Refinery Sets ₦525 Share Price for Landmark IPO

Published

2 months 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.