Nigerian billionaire Abdul Samad Rabiu’s BUA Foods sustains efforts to make rice affordable
BUA Foods, under Rabiu, has maintained its dominant position in the Nigerian economy.
Nigerian billionaire
Nigerian billionaire Mike Adenuga earns $1.5-million dividend from Julius Berger
Adenuga is the largest shareholder in Julius Berger with a 25.1-percent stake.
South African billionaire Johann Rupert is now Africa’s richest man, according to Forbes
According to Forbes, Rupert has ousted Aliko Dangote to become Africa’s richest man.
Africa’s richest man Aliko Dangote loses $3.2 billion in a day as Nigeria’s currency plunges
The devaluation of the Nigerian currency severely impacted Dangote’s assets, including his 86-percent stake in Dangote Cement.
Nigeria’s richest banker Jim Ovia rakes in $30 million in just one day
Ovia rakes in $30 million in just one day as Zenith’s market cap surges past $1.85 billion.
Africa’s fourth-richest man Abdul Samad Rabiu’s net worth skyrockets by $1.6 billion
Rabiu’s net worth skyrockets by $1.6 billion, securing his position among Africa’s wealthiest people.
Wealthy Lawyer Asue Ighodalo acquires $200,000 in Nigerian Brewery shares
Ighodalo is the co-founder of one of Nigeria’s top three commercial law firms and serves as the chairman of Nigerian Breweries.
Nigerian billionaire TY Danjuma earns $500,000 dividend from pharma company
TY Danjuma holds a 43.28 percent stake in May & Baker Plc, the oldest pharmaceutical company on the Nigerian Stock Exchange.
Nigerian billionaire Mike Adenuga’s stake in Conoil soars by $59.7 million
Adenuga holds a majority 74.4-percent stake in the company, solidifying his position as a leading investor on the Nigerian Exchange.
Nigerian billionaire Abdul Samad Rabiu raises $500 million to boost cement production
Rabiu’s company, BUA Cement, will develop two new, energy-efficient cement production lines at its plant in Sokoto State.
Nigerian billionaire Femi Otedola to pocket $2.17-million dividend from FBNH
Earlier this year, Otedola received an additional $33 million from his power-generating company, Geregu Power.
Abdul Samad Rabiu’s net worth surpasses $8 billion with single-day gain of $501 million
With the latest surge of $501 million in his net worth, Rabiu’s year-to-date wealth gains have now reached $1.53 billion.
Africa’s richest man adds $769 million to fortune in 24 hours; net worth surpasses $21 billion
President Tinubu’s bold policies propel the Nigerian equities market, catapulting Africa’s richest man Aliko Dangote’s fortune.
Nigeria’s richest banker Jim Ovia rakes in $26 million in single day as NGX soars
This recent surge has further solidified Ovia’s position as one of the most affluent investors on the Nigerian Exchange.
Nigerian billionaire Femi Otedola pays tribute to legendary banker Subomi Balogun
Balogun, the doyen of investment banking in Nigeria, passed away in London last Friday at 89.
Mike Adenuga’s Conoil reports record $6.5 million profit in Q1 2023
Adenuga controls a majority stake of 74.4 percent in Conoil.