Nigerian billionaire Femi Otedola applauds Dangote refinery for disrupting fuel import market
Nigerian billionaire Femi Otedola praises the Dangote refinery for its impact on reducing Nigeria's dependency on fuel imports.
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Nigerian billionaire Femi Otedola lauds Aliko Dangote’s refinery as fuel distribution begins
The Dangote Oil Refinery, which started loading petrol into trucks on Sunday, Sept. 15, is seen as a breakthrough in Nigeria’s decades-long struggle with fuel imports and shortages.
Nigerian billionaire Femi Otedola’s FBN Holdings to divest merchant banking unit
FBN Holdings, led by Femi Otedola, is selling its 100-percent stake in FBNQuest Merchant Bank to streamline operations and focus on core banking.
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Africa's first Black billionaire, Patrice Motsepe’s investment firm surpasses $1 billion in net asset value
Patrice Motsepe owns an indirect 27-percent stake in ARC, contributing to his status as Africa’s first richest man.
Nigerian billionaire Femi Otedola lauds Aliko Dangote’s refinery as fuel distribution begins
The Dangote Oil Refinery, which started loading petrol into trucks on Sunday, Sept. 15, is seen as a breakthrough in Nigeria’s decades-long struggle with fuel imports and shortages.
Zimbabwean billionaire Strive Masiyiwa boosts capacity for cross-border services in East Africa
This underscores Liquid’s commitment to enhancing East Africa's digital infrastructure as competition in the region intensifies.
Sibanye, led by South African tycoon Neal Froneman, reports $379 million loss for first half of 2024
The results mark a stark contrast to the same period in 2023, when Sibanye posted a profit of R7.8 billion ($427 million).