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News Reporter
Dorcas Adeodun is a journalist covering finance, public policy, and economic development. She has more than five years of reporting experience and has worked across business reporting and institutional analysis.
Scangroup founder Bharat Thakrar is heading into a shareholder showdown on June 8 to remove the entire board of WPP Scangroup over five years of losses.
Ibrahim Mahama's Damang Gold Mine has begun deploying a $250 million fleet of 52 heavy-duty machines, the largest capital injection by a wholly Ghanaian-owned large-scale miner in recent memory, six weeks after taking over the mine from Gold Fields.
Rihanna's 50/50 joint venture with LVMH turned Fenty Beauty into a billion-dollar asset. Her entire 20-year music career, by comparison, generated an estimated $100-200 million in total earnings.
Byron Allen has seized Stephen Colbert's CBS late-night slot and acquired BuzzFeed in a bold media expansion that caps decades of building Black-owned broadcast infrastructure.
Dr. Dre and Rep. Maxine Waters have landed on opposite sides of a $360 million Compton school bond measure ahead of Tuesday's vote.
Benjamin Fernandes's NALA has secured a $50 million non-dilutive credit facility from Liquidity and MUFG Bank to pre-fund stablecoin cross-border payment corridors as enterprise demand from US, European and African businesses accelerates sharply.
Joana Quaye rejected RNAQ's GH¢2 million ($129,032) divorce offer as condescending and demanded GH¢40 million ($2.58 million), Accra mansions and shares in his companies.
Investors who rushed into SpaceX proxy funds want out as the June 12 IPO nears, but many face liquidity constraints that could leave them stuck until SPCX begins trading.
Sandile Zungu's Sizekhaya takes over South Africa's national lottery on June 2 but faces a court challenge from Ithuba, which says the R80bn contract was awarded unlawfully.
Robert F. Smith told the XCEL Summit For Men that up to $3 trillion is being poured into AI infrastructure and that Vista Equity's private software portfolio is positioned to capture the next wave of returns.
Jay-Z's amended SDNY complaint accuses Tony Buzbee of fabricating a death threat against Jane Doe to pressure her into dropping her lawsuit while concealing his unauthorized federal court practice.
Craig Warriner defrauded over 800 South African investors of at least R1.64 billion through his BHI Trust over a decade, posing as an expert day trader while living lavishly on his clients' money.
Johann Rupert's Richemont has tripled its earnings over five years and posted 11% sales growth in fiscal 2026, yet its Zurich-listed shares are down 9%, creating what analysts are calling a rare entry point.
FirstHoldCo shareholders gather today for their 14th AGM to vote on raising N253 billion ($183.4 million) in fresh capital toward a N1 trillion ($724.6 million) paid-up base championed by Femi Otedola.
Charlotte-based private equity firm Axum Capital Partners has made a growth equity investment in VitaHustle, the plant-based nutrition brand co-founded by Kevin Hart and his trainer Ron Everline.
Elon Musk received a $132.3 billion Tesla stock award in 2025, dwarfing the next-largest package by a factor of 160, as average S&P 500 CEO compensation rose 6% to $17.7 million while median worker pay reached $89,744.