Aliko Dangote's refinery just made Nigeria a net petrol exporter for the first time ever
Aliko Dangote's refinery exported 44,000 barrels of petrol per day in March 2026, making Nigeria a net petrol exporter for the first time in its history.
Dorcas Adeodun
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.
Rihanna, world's youngest Black billionaire, becomes first woman of color to win the Edison Achievement Award
Rihanna has been named the 2026 Edison Achievement Award winner, becoming the first woman of color to receive the honor in the award's nearly 40-year history.
Meet Abdulfatai Yahaya Seriki Gambari, the man who bet on Nigeria's gold before anyone else was looking
Abdulfatai Yahaya Seriki Gambari started Kursi Investments in 2005 and built it into one of Nigeria's largest gold mining operations across 30 states.
Elon Musk's Starlink faces a $11.57 billion challenge as Amazon buys Globalstar
Elon Musk's Starlink has long led the satellite internet race. Amazon's $11.57 billion Globalstar acquisition signals the gap is about to get smaller.
Aliko Dangote wants $100 billion by 2030 and he's betting $40 billion to get there
Aliko Dangote is targeting $100 billion in revenue by 2030 with a $40 billion push into gas, mining, power and data centers across Africa.
Swiss billionaire Thomas Flohr's VistaJet explores IPO
Thomas Flohr's VistaJet is working with bankers on a potential IPO this year, sending bond prices higher after remarks made to lenders on an earnings call.
Fidelity Bank clears N500 billion threshold as Nneka Onyeali-Ikpe steers recapitalization finish
Fidelity Bank has crossed the CBN's N500 billion capital threshold after raising N259 billion in a single-day private placement, putting its eligible capital at N564.5 billion.
McKinsey report: Africa's banking market hits $107 billion but growth remains uneven
McKinsey says Africa's banking revenues crossed $100 billion for the first time in 2025, with most gains concentrated in five markets.
Serena Williams backed Esusu, a fintech 326 investors rejected. It's now worth $1.2 billion.
Tennis legend Serena Williams bet on rent-reporting fintech Esusu when most investors wouldn't. Now it's worth $1.2 billion and reaching 12 million renters.
Johann Rupert's Richemont takes center stage as Watches and Wonders Geneva 2026 opens
South African billionaire Johann Rupert's Richemont is bringing nine maisons to the world's largest watchmaking gathering, in Geneva this month.
Inside JoAnn Price's $10 billion empire: 7 pillars powering America's most influential Black-owned investment firm
JoAnn Price launched Fairview Capital in 1994 when barely any pension fund had invested in a minority-led firm. Today, her empire spans $10 billion.
Meet André Rice, the Chicago investor who built a $1.7 billion empire backing America's next generation of fund managers
André Rice left corporate America in 1986 with a conviction and a plan. Four decades later, he manages $1.7 billion.
How Bruce Hampton went from Division I football to running a $144 million private equity firm
Bruce Hampton grew up in Cleveland, played Big Ten football and ranked first in his finance class. Then he went to Wall Street and never looked back.
7 companies owned by Ben Carson Jr.
From a $302 million minority-focused fund to a family office, Ben Carson Jr. has quietly built one of America's most distinctive investment empires.
6 companies in Lo Toney's portfolio that show how he's reshaping venture capital
Lo Toney built Plexo Capital out of Google Ventures and now holds stakes in some of the most consequential companies in tech and media.
Meet Kenneth Saffold, the Morehouse and Wharton graduate who built a $400 million investment firm
Kenneth Saffold went from Goldman Sachs analyst to BlackRock managing director, then bet everything on a firm he built from scratch.