Nigerian cannabis mogul Bassim Haidar gives $0.38-million boost to UK political party
This move positions Haidar as the second Nigerian businessman to contribute significantly to the UK Conservative Party.
This move positions Haidar as the second Nigerian businessman to contribute significantly to the UK Conservative Party.
Adebutu owns a 28.09-percent stake in Wema Bank through Neemtree Limited.
Rabiu’s $7.2-billion fortune places him second in Nigeria, fifth in Africa, and 343rd globally on Forbes’ billionaires list.
The impressive surge in his fortune over the past 24 hours has seen his net worth increase from $15.5 billion to $17 billion.
This investment follows Otedola’s return to the Forbes Africa’s Richest List, where he now boasts an estimated net worth of $1.2 billion.
The strategic move comes in the wake of BlackRock’s announcement of its intention to acquire GIP in a deal valued at $12.5 billion.
In just 17 days of 2024, he has already regained over $2 billion.
Notably, Waltersmith Group, led by Nigerian businessman Abdulrazaq Isa, brings extensive experience in oil exploration and production.
This achievement, following in the footsteps of Femi Otedola and Abdul Samad Rabiu, highlights the growing influence of Nigerian business leaders.
The move aligns with the group’s vision of building a globally connected community of ecosystems inspired by Africa for the world.
The marketers have registered for the lifting and distribution of refined petroleum products.
Oshin wields significant influence with a 26.81-percent stake, equating to 1,576,662,503 ordinary shares.
Buzeki cited the adverse effects of high fuel prices, exacerbated by the government’s decision to eliminate fuel subsidies during Kenyan President William Ruto’s administration.
Tony Elumelu, with his 7.39-percent stake in UBA, equivalent to 2,527,372,285 shares, stands out as one of the Nigerian Exchange’s most affluent investors
With a calculated 17.5-percent stake in GIP, Ogunlesi now stands as one of Africa’s top 20 billionaires.
Coumantaros, the chairman of Flour Mills also ranked as one of the richest investors on the Nigerian Exchange, holds a substantial 63.34-percent stake in Flour Mills.