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News Reporter
Dorcas Adeodun is a journalist covering finance, public policy, and economic development. She has more than five years of reporting experience and has worked across business reporting and institutional analysis.
Jay-Z's amended SDNY complaint accuses Tony Buzbee of fabricating a death threat against Jane Doe to pressure her into dropping her lawsuit while concealing his unauthorized federal court practice.
Craig Warriner defrauded over 800 South African investors of at least R1.64 billion through his BHI Trust over a decade, posing as an expert day trader while living lavishly on his clients' money.
Johann Rupert's Richemont has tripled its earnings over five years and posted 11% sales growth in fiscal 2026, yet its Zurich-listed shares are down 9%, creating what analysts are calling a rare entry point.
FirstHoldCo shareholders gather today for their 14th AGM to vote on raising N253 billion ($183.4 million) in fresh capital toward a N1 trillion ($724.6 million) paid-up base championed by Femi Otedola.
Charlotte-based private equity firm Axum Capital Partners has made a growth equity investment in VitaHustle, the plant-based nutrition brand co-founded by Kevin Hart and his trainer Ron Everline.
Elon Musk received a $132.3 billion Tesla stock award in 2025, dwarfing the next-largest package by a factor of 160, as average S&P 500 CEO compensation rose 6% to $17.7 million while median worker pay reached $89,744.
Choplife Gaming, chaired by Nigerian musician Mr Eazi, secured PMU Mali approval to launch betPawa in Mali, taking its licensed African footprint to 10 markets.
Courts across Angola, Portugal, the UK and the US have frozen billions in assets belonging to Isabel dos Santos, who lives in Dubai and has never been convicted of a crime.
Investec plans to double its South African private banking client base from 128,000 to 250,000 by 2030 by moving aggressively into the affluent market below the ultra-wealthy.
Johann Rupert's $16.1 billion fortune spans luxury goods, South African industrial conglomerates and technology investments, with Reinet Investments reporting a net asset value of R127 billion by March 2026.
Dangote Sugar Refinery has opened a N485.9 billion ($300 million) rights issue at N60 per share, offering two new shares for every three held, in a bid to slash debt and revive its Sugar for Nigeria backward integration programme.
AfDB president Sidi Ould Tah has opened the bank's 61st annual meeting in Brazzaville by unveiling a plan to mobilize Africa's $4 trillion in pension and sovereign wealth funds to close a $400 billion annual development financing gap.
Over 1 million fans entered the virtual ticket queue for Kanye West's June 26 Raymond James Stadium concert in Tampa, his first Florida show in a decade amid surging US demand for his Bully tour.
Le Desk revealed that Moulay Hafid Elalamy structured 92.3% control of Sweden's Arktika Capital AB through a chain of Saham vehicles, with his son installed as CEO.
Hassan Hammoud turned his late father's failing Kano tannery into a Nigerian conglomerate with 11,000 workers spanning leather, food, care products and beverages.
Anthropic is paying SpaceX $1.25 billion a month for access to its Colossus supercomputing clusters through May 2029, a $15 billion annual deal disclosed in SpaceX's S-1 that transforms the IPO's investment case beyond rockets and satellites.