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Inside Nigerian Billionaire, Festus Fadeyi’s Web Of Financial Crises

Festus Fadeyi Ordinarily, oil magnate Dr. Festus Fadeyi ought to be one of the leading figures of the Yoruba aristocracy and Nigerian entrepreneur class. Of course, not a few were highly conscious of his wealth and status. But wealth is a fickle thing. It isn’t as tangible as people like to think. Whether your wealth is in the form of ivory, gold, or crude oil, it can all vanish — and fast. Of course, it isn’t always bad economies that cost fortunes. Sometimes it’s bad business decisions. And sometimes, it’s…

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