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To ensure compliance, the NCAA will deploy officials to General Aviation Terminals (GAT) and private airport wings to monitor PNCF holders’ activities closely.
The decision for his return followed extensive consultations with key stakeholders, and the holdco board unanimously agreed to invite him to helm governance.
The recent surge in the lender’s share price comes on the heels of its recent acquisition of a majority stake in Cyprus-based digital non-bank consumer lender, Avafin
The surge in Ovia’s stake marks a recovery from the impact of the recent devaluation of the Nigerian currency, which saw his fortune dip below $100 million in February
The leading businessman known for his affinity for luxury and lavish assets, is reportedly contemplating a return to his hometown of Kano State.
The recent increase in his wealth solidifies his position among the world’s wealthiest individuals.
This decline is influenced by the recent devaluation of the Nigerian currency — the country’s second devaluation in eight months.
With his current fortune of $10.5 billion, Oppenheimer claims the 229th spot on the global list of the wealthiest individuals.
The ambitious acquisition, pending regulatory approvals, represents a milestone for O&L Group, already riding high on Thieme’s success in leading the sale of a 50.01-percent stake in NBL Investment Holdings.
Despite the recent decline in the market value of his stake, Anadkat retains his position as one of the wealthiest investors on the Malawi Stock Exchange.
According to the latest earnings forecast, the power-generating giant is optimistic about achieving a gross profit of N20.79 billion ($13.04 million) in the second quarter of 2024.
Headline earnings plummeted by 43 percent, falling from R5.17 billion ($275.5 million) in the first half of 2023 to R2.96 billion ($157.8 million) in the same period of 2024.
Sanlam CEO Paul Hanratty, a notable figure in South Africa’s business landscape, lauded the company’s robust delivery in the face of extraordinary challenges during the past fiscal year.
While Starlink has not officially addressed the reasons behind the price increment, the timing of the move coincides with Nigeria’s recent currency devaluation.
Elumelu urged the government to facilitate the transfer of idle gas assets or fields to capable Nigerian investors, fostering gas-related investments and efficient electricity production.
The sale comes amid NCBFG’s plans for an additional public offering (APO) aimed at issuing between 300–450 million new shares to raise over $20 billion.
