Unilever Nigeria posts $63.7-million turnover as Africa's consumer demand soars
Unilever Nigeria reports a 46-percent year-on-year turnover growth to $63.7 million, driven by rising consumer demand for health and hygiene products, solidifying its leadership in Africa’s fast-moving consumer goods sector.
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Nestoil founder Ernest Azudialu-Obiejesi faces fresh pressure as appeal stalls over who speaks for company
A court battle over who represents Nestoil delays an appeal, keeping Ernest Azudialu-Obiejesi’s accounts frozen and OML 42 stake in receivership.
Kenyan tycoon TK Muya’s Family Bank raises $61 million in oversubscribed share offer
Kenyan tycoon TK Muya’s Family Bank raised $61.8 million in an oversubscribed share offer, boosting capital to expand lending and support regional growth ambitions.
Moroccan billionaire Anas Sefrioui loses $135 million as Addoha slides
Moroccan billionaire Anas Sefrioui loses $134.9 million as Addoha shares slide, cutting the value of his majority stake below $1.03 billion.