Dangote Oil Refinery secures exclusive deal as sole jet fuel supplier for Nigerian airlines
Dangote Oil Refinery secures an exclusive deal to supply jet fuel to all Nigerian airlines, stabilizing the aviation sector and marking a major step toward energy self-sufficiency.

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Sam Darwish’s IHS reports $440 million in Q1 2025 revenue
IHS rebounds with $439.6 million in Q1 2025 revenue, driven by 25.6% organic growth and improved margins despite naira headwinds and prior regional divestments.

Stephen Saad’s Aspen stake drops $21 million in value
This mirrors wider investor caution amid challenges facing the global pharmaceutical sector and instability in emerging markets.

Black billionaire Alex Karp sells more than $50 million in Palantir stock
The sale was part of automatic transactions to cover tax obligations related to vested restricted stock units.

Nassef Sawiris’ OCI targets ammonia project completion amid $1 billion payout
OCI nears completion of Beaumont ammonia plant and plans $1 billion shareholder payout as part of a wider transformation under billionaire Nassef Sawiris.