Wale Tinubu's Oando PLC signs production sharing contract for Angola's Block KON-13
Oando PLC has signed a production sharing contract for Angola's Block KON-13, marking the Nigerian energy group's first move into the Angolan upstream oil market.
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.
Meet David Grain, the Brooklyn postal worker's son who built a $2.5 billion telecom empire and joined the Forbes billionaire list in 2026
David Grain grew up in Brooklyn watching his father build a trucking business and went on to build a $6.7 billion telecom private equity empire.
Meet Nigerian businessman David Olurin, the quiet architect of Africa's commodity future
Nigerian businessman David Olurin is quietly building Cardinal Torch into a force in African commodities, linking local agricultural value chains to global capital and trade.
Kenya's High Court orders review of criminal proceedings in the Sh4.5 billion Absa Bank fraud case against cement tycoon Benson Ndeta
Kenya's High Court has ordered a review of criminal proceedings against Benson Ndeta in a Sh4.5 billion Absa Bank fraud case involving forged documents.
Abdul Samad Rabiu pushes BUA Cement toward 20Mtpa with new Edo and Sokoto plants
Abdul Samad Rabiu is expanding BUA Cement into Edo and Sokoto as the company's profit surged 381% and capacity targets hit 20 million tonnes.
Aliko Dangote's refinery flags unauthorized IPO reports, tells investors to verify before acting
Dangote Petroleum Refinery warned investors to ignore unverified IPO reports, saying any listing plans would come through official, regulated channels only.
Aliko Dangote targets 1.4 million barrels per day as refinery expansion reshapes Africa's energy future
Aliko Dangote is pushing his Lagos refinery toward 1.4 million barrels per day, a move that could reshape Africa's energy supply.
South African billionaire Johann Rupert's Richemont stock slides as China luxury slump weighs on Swiss empire
Richemont shares are under pressure as China's luxury spending slump rattles Johann Rupert's Swiss-listed holding company behind Cartier.
Nigerian oil tycoon Seinye Lulu-Briggs's foundation treats 5,112 people in Ogu, performs 149 surgeries in five days
The O.B. Lulu-Briggs Foundation treated 5,112 people and performed 149 surgeries over five days in Ogu, Rivers State, Nigeria.
Datatec founder Jens Montanana buys European tech firm, plants flag in Poland
Datatec founder Jens Montanana is pushing deeper into Europe, with Logicalis Germany snapping up Berlin-based network automation specialist NetworkedAssets.
Aliko Dangote's net worth hits $32.5 billion as he climbs to 64th richest person globally
Aliko Dangote has added $2.57 billion to his fortune since January, climbing 13 places to rank 64th among the world's wealthiest people.
South Africa's richest woman, Mary Oppenheimer Slack, chose horses over the boardroom and built a racing dynasty
Mary Oppenheimer Slack inherited half the Oppenheimer fortune and used her passion for horses to build one of South Africa's greatest thoroughbred dynasties.
Eni boss Claudio Descalzi just unlocked one of Nigeria's most contested oil blocks after 30 years
Eni chief Claudio Descalzi traveled to Abuja to close a deal that kept one of Nigeria's richest oil blocks frozen for three decades.
Patrice Motsepe's biggest test yet: a trophy scandal is threatening CAF's hard-won credibility
Patrice Motsepe spent five years rebuilding CAF's credibility. A trophy reversal two months after the final may have just set it back.
Meet Joshua Kulei, the prison warder who became one of Kenya's most powerful and controversial billionaires
Joshua Kulei was a prison warder who caught President Moi's eye, became his personal assistant and built one of Kenya's largest private business empires.
Meet Frank Baker, the Detroit kid who became a Wall Street multimillionaire
Frank Baker grew up in Detroit, got his Wall Street break through a nonprofit internship programme, and built Siris Capital into a $7 billion private equity firm.