Despite this substantial loss, Elumelu retains his status as one of the wealthiest investors in the local bourse.
Nigerian Exchange
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- West & Central Africa
Aliko Dangote’s sugar firm soars, becoming Africa’s newest billion-dollar empire
This remarkable milestone has further solidified Dangote’s status as the richest man on the African continent.
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In the African financial world, Ovia stands tall as Nigeria’s richest banker and a leading figure in the country’s business landscape.
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Elumelu, with a 7.17-percent stake in UBA, or 2,450,603,739 ordinary shares, ranks as one of the richest investors on the Nigerian Exchange.
- West & Central Africa
Africa’s richest man achieves massive wins on NGX as portfolio surpasses $7.7 billion
Dangote’s expansive investment portfolio positions him ahead of his African peers, including South African billionaire Johann Rupert.
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These impressive gains further solidify Ovia’s status as Nigeria’s richest banker and one of the richest investors on the NGX.
- West & Central Africa
Dangote’s investment portfolio soars above $7.3 billion on Nigeria’s stock market
The market value of Dangote’s portfolio now stands at an impressive $7.3 billion, a testament to his unwavering influence in the Nigerian …
- West & Central Africa
Greek tycoon John Coumantaros faces $18.9-million loss from Flour Mills shares
Coumantaros, a Greek business magnate is among the richest industrialists on the Nigerian Exchange.
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Here are the five richest industrialists on the Nigerian Exchange who have made remarkable contributions to the Nigerian economy.
- West & Central Africa
Greek businessman John Coumantaros loses $3.3 million as stake in Flour Mills plunges
With a 63.34-percent stake in Flour Mills, Coumantaros is one of Nigeria’s most successful and respected business leaders.