Business

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

Published

4 years ago

July 10, 2022

Toyin Abraham is the happiest woman at the moment as her husband and colleague, Kolawole Ajeyemi, bags his very first endorsement deal.

The huge deal is coming weeks after Kolawole Ajeyemi reacted to the alleged marital crisis with actress Toyin Abraham.

It was earlier speculated that Toyin and her husband, Kolawole Ajeyemi, had been having an in-house crisis arising from Toyin’s attitude towards certain issues that revolves around their family.

According to popular, controversial blogger, Gistlover, Toyin Abraham’s husband has been complaining about Toyin’s attitude towards him, her refusal to follow him to church and her skipping to sleep at home for a few days.

View this post on Instagram

A post shared by HON Kolawole Ajeyemi (@kolawoleajeyemi)

Taking to his Instagram page, Kolawole Ajeyemi posted a video to assure fans that all was well with the union.

He shared a video of him, the actress and his daughter from a previous relationship dancing.

He captioned his post with the hashtag, fake news, make money and greatness.

Now announcing his new ambassadorial deal, Toyin Abraham via Instagram moments ago, wrote “Congratulations Oko mi @kolawoleajeyemi on your endorsement”

Also announcing the deal, Kolawole Ajeyemi on his page wrote “Signed, Sealed and Protected! I’m officially a brand ambassador of @kemsan_acres I am so excited to be part of the @kemsan_acres family. Can’t wait to show you what our partnership holds.”

Regina Chukwu recalls traumatic robbery incident on movie set, regrets heeding Akin Lewis’ advice

Faith Morey Cancer Battle: Reality star reveals four-year health ordeal

Maintaining This Look Isn’t Cheap: Iyabo Ojo Brags As She Flaunts Figure 8, Says She’s 44 Looking 22

Up Next

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

Don't Miss

Tony Elumelu’s Fund To Empower Emerging African Storytellers

Nollytrailers

Click to comment

Business

Dangote Refinery Sets ₦525 Share Price for Landmark IPO

Published

1 month 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.