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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Ladi Jadesimi's Aradel becomes Nigeria’s latest billion-dollar energy group with $1.2-billion market cap
Aradel Holdings has surged past the $1 billion valuation mark, with its market capitalization exceeding $1.2 billion
Dis-Chem exec Stanley Goetsch divests $19 million in shares for portfolio diversification
Goetsch's divestiture provides insights into expected corporate governance and strategic directions, crucial for investors and market analysts.
Oprah Winfrey assembles top AI experts for exclusive TV special
The world’s richest Black woman, Oprah Winfrey, dives into AI with new TV special.
Yasseen Mansour’s Palm Hills reports $225-million revenue in H1 2024
Palm Hills Developments reports robust H1 2024 performance, surpasses revenue expectations.
South African insurer seeks $135-million stake in Patrice Motsepe's ARC FSH
Sanlam Life, a subsidiary of Africa's leading insurer Sanlam, has announced plans to acquire a 25-percent stake in ARC Financial Services Holdings.
Nigeria's Adebayo Ogunlesi joins Forbes billionaires list with $1.7-billion fortune
Adebayo Ogunlesi joins Africa’s billionaire ranks, propelled by a $12.5-billion BlackRock deal.
Nassef Sawiris approaches $10-billion net worth: Key companies driving his wealth
Egyptian billionaire Nassef Sawiris' net worth nears $10 billion, up $1.26 billion this year, thanks to strong performance in OCI and Adidas stocks.
Fidelity Bank, led by Chairman Mustafa Chike-Obi, partners with mastercard to enhance cross-border payments in Nigeria
Fidelity Bank and Mastercard introduce "Fidelity Send," aiming to revolutionize cross-border payments with faster, cost-effective solutions.
BUA Chairman Abdul Samad Rabiu blames middlemen for high cement prices
Rabiu explained that middlemen inflated prices, preventing savings from reaching consumers, impacting families and fueling a nationwide housing crisis.
Ecobank, led by Chairman Alain Nkontchou, launches 'Oja Oge' marketplace with 100+ exhibitors in Lagos
Ecobank launches 'Oja Oge' marketplace in Lagos, showcasing fashion, beauty, and lifestyle with over 100 exhibitors.
Fidelity Bank, led by Chairman Mustafa Chike-Obi, partners with ImpactHER to train 1,276 women
Fidelity Bank and ImpactHER train 1,276 women in digital skills, enhancing entrepreneurship and economic growth in Nigeria.
Nigerian tycoon Dozy Mmobuosi faces $250-million fine and U.S. corporate ban
A U.S. federal court has ordered Mmobuosi to pay over $250 million in fines and barred him from serving as a director of any public company.
Nigeria’s richest man Aliko Dangote set to roll out petrol from landmark refinery
The $20 billion refinery recently completed a critical test run of its 650,000 barrels-per-day capacity, a significant step towards the official market rollout.
Egyptian billionaire Samih Sawiris’ firm makes strategic $6.8-million property sale
Orascom Development Egypt sells commercial property in O West to Seoudi Supermarket for EGP332 million ($6.8 million).
South African tech mogul Zak Calisto gains $65 million from Karooooo shares
South African tech mogul Zak Calisto's fortune surges by $65 million amid Karooooo's market rally