Nigerian tycoon Kola Karim lands $500 million from Qatar to double oil production
Billionaires Africa | 29.09.2026 04:04
Kola Karim has secured a $500 million Islamic financing package arranged by Qatar Islamic Bank to fund a drilling programme meant to lift output from one of Nigeria's largest onshore oil blocks above 100,000 barrels a day by the end of 2027, The Africa Report said on Monday, Sept. 28.
