Business Mogul, Indimi, Makes Another Major Move…

Hamilton Nwosa
Writer

Ad

Ambode Reaffirms Loyalty to APC, Denies ADC Governorship Bid, Backs Tinubu for 2027

By Abiola Olawale A former Lagos State Governor Akinwunmi Ambode has dismissed rumors of a governorship bid under the African Democratic Congress (ADC), reaffirming his commitment to the All Progressives Congress (APC) and President Bola Ahmed Tinubu’s 2027 re-election campaign. In a statement released today, Saturday, August 9, Ambode described the speculations as “false publications”…

Audu Ogbeh: Tinubu, Obasanjo, Eminent Nigerians Mourn

By Abiola Olawale Eminent Nigerians have expressed sadness over the death of Chief Audu Ogbeh, former Minister of Agriculture and Rural Development and ex-National Chairman of the People’s Democratic Party (PDP). President Bola Ahmed Tinubu, former President Olusegun Obasanjo, and other prominent Nigerians have paid heartfelt tributes to the late statesman, describing him as a…

The Controversial East African Crude Oil Pipeline Is Nearing Completion

The East African Crude Oil Pipeline (EACOP), 64.5% complete, will connect Uganda’s oilfields to Tanzania’s Port of Tanga for global crude exports. Despite $3.6 billion already spent and new financing secured, the project continues to face backlash from human rights groups and environmental activists. Critics cite displacement of communities and threats to ecosystems, while developers…

Ad

With the listing of Jaiz Bank Plc on the floor of The Nigeria Stock Exchange (NSE), highly distinguished and successful businessman, Dr. Mohammed Indimi, has further cemented his stature as one of the leading business figures and board-room gurus from the Northern part of the country and Nigeria as a whole.

Indimi is a board member of the Nigeria’s foremost non-interest bank, Jaiz Bank Plc, whose N29.464 billion ordinary shares was admitted days ago at an official listing of N1.25 per share by introduction.

The bank started operations in 2012, after it was granted a regional operating licence from the Central Bank of Nigeria, commencing operations with three branches in Abuja, Kano and Kaduna. The branches have however increased to 27 as at the end of 2016.

He also serves as the Chairman of M & W Pump Nigeria Limited; which has partnered with MWI Corp of Deerfield Beach, Florida.

He is however best known for his role as the sole Founder and Chairman of Oriental Energy Resources Limited with over 20 years experience in the Nigerian Upstream oil and gas sector.

The company which was founded in September 1990 is a major player in the industry since inception and has experienced tremendous growth and success in the Nigerian upstream oil and gas industry, with the acquisition and assets control Of major Oil Field in the Offshore Oil sector, The Ebok Field (OML 67), Okwok Field (OML 67, and OML 115).

Aside being into Oil and gas exploration in Nigeria, Billionaire Indimi sits on several boards of private companies in the country, with businesses spanning all facets of the economy.

In 2014, Indimi was rated as 37th richest person in Africa, by popular lifestyle website, Forbes.

Indimi is a humanitarian and a philanthropist and has received numerous awards as well as honorary doctorate degrees from notable universities in Nigeria, Ireland and the United States.

He has through his company, Oriental Energy, invested in the communities where it has operations and beyond, especially in the area of education and indigenous technical skills with universities of Uyo, Port Harcourt, Calabar and Nsukka, among others, as recipients.

The company has also made donations towards support for Internally Displaced People (IDP) in the North East of Nigeria, and victims of terrorism.

Ndimi is married to Hajiya Samsu Samara  and blessed with children,  among whom are Jibrilla Indimi,Yakolo Indimi-Babangida(Mrs), Ibrahim Indimi, Ahmed Indimi, Mustafa Indimi, Amina Indimi-Fodio and Adanma Indimi.

Ad

X whatsapp