Nigerian billionaire Arthur Eze suffers another loss as Chevron cuts ties with Atlas in Equatorial Guinea

Billionaires Africa | 09.02.2026 17:45
Arthur Eze, the Nigerian businessman whose Oranto Group helped build a sprawling footprint in Africa’s upstream oil and gas sector, has suffered a sharp reversal in Equatorial Guinea after his affiliate Atlas Petroleum lost its stake in a prized offshore licence following a payment dispute with Chevron.