The world’s premier source of news and information on billionaires and ultra-high net-worth individuals (UHNWIs) in West and Central Africa.
The loss has sparked a discussion about how well modern fintech firms are actually doing in Nigeria.
The world’s premier source of news and information on billionaires and ultra-high net-worth individuals (UHNWIs) in West and Central Africa.
The loss has sparked a discussion about how well modern fintech firms are actually doing in Nigeria.
Adenuga holds a majority 74.4-percent stake in the petroleum marketing firm.
mPharma manages pharmaceutical inventories for African mom-and-pop pharmacies.
Earnings growth at the bank was hampered by increased fee and commission expenses.
Ba is a Senegalese venture capitalist and tech entrepreneur.
Coumantaros controls a majority 63.34-percent stake in the company.
Elumelu owns 6.96 percent of UBA, or 2,380,941,756 ordinary shares.
The decline in his net worth can be attributed to the fall in the share price of Dangote Cement.
Awori is joining Ecobank after 25 years in the banking industry.
The payments were made to 18 firms linked to Orjiako and Avuru.