Nigeria’s richest banker Jim Ovia gains $8 million from Zenith Bank shares
This follows a tough 2024 marked by Nigeria's currency devaluation and economic challenges that weakened Ovia's investments.
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Lebanese-Nigerian tycoon Hassan Hammoud plans $50 million investment in Ogun
This development marks a significant milestone in Nigeria’s push to expand its manufacturing capabilities and create jobs.
Oando, led by Wale Tinubu, wraps up pipeline repairs after spills
To prevent further incidents, Oando has initiated the sectional replacement of aging pipelines.
Nigeria’s 7 richest royal families
Their businesses not only fuel the economy but also create jobs, foster community development, and drive inclusive growth.
Nigerian gambling magnate Kessington Adebutu’s Wema Bank stake tops $50 million
Adebutu, who founded Premier Lotto, owns a 28.26 percent stake in Wema Bank through Neemtree Limited, amounting to 6,057,090,218 shares.
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Egyptian tycoon Sadek El-Sewedy sees $55 million gain from company shares
Elsewedy Electric stock gains boost chairman's net worth amid infrastructure boom and energy transition in MENA region.
Moroccan billionaire Anas Sefrioui sees $102 million loss in 30 days
This follows a sustained downturn on the Casablanca bourse and rising investor concerns over the company’s financial performance in the 2025 fiscal year.
Investec, led by Fani Titi, seeks electricity trading license
If approved, the lender will purchase power from the Illikwa Solar PV Facility in the Free State and transmit it to its corporate headquarters in Sandton via Eskom’s infrastructure.
Zak Calisto’s Karooooo reports $250 million in 2025 revenue
Karooooo’s FY 2025 revenue hit $249.87 million, driven by subscription growth and global expansion, reaffirming its role as a leader in mobility solutions.