Elon Musk eyes $1 trillion fortune as Forbes names him richest person in history
Forbes named Elon Musk the richest person in history at $839 billion, and analysts say the world's first trillionaire milestone could arrive this year.
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.
Aliko Dangote's refinery takes control of Nigeria's $10.3B fuel market as government suspends petrol imports
Nigeria suspended petrol import licences for a second straight month, handing Dangote Refinery control of 92% of the country's fuel supply
Elon Musk's $839B fortune leads record Forbes list as global billionaire wealth hits $20.1T
Elon Musk became the wealthiest person ever recorded as global billionaire wealth surged to $20.1 trillion, with Africa's Aliko Dangote holding firm at 86th.
FCMB completes $359M recapitalization, locks in international banking license ahead of Nigeria's deadline
FCMB Group has completed a multi-year capital raise, hitting Nigeria's $359 million threshold and locking in its international banking license ahead of the deadline.
Patrice Motsepe is set to pocket $24.6 million African Rainbow Minerals interim dividend
African Rainbow Minerals raised its interim dividend to 500 cents per share, putting R455 million into Patrice Motsepe's pocket.
10 businesses owned by Tanzanian billionaire Rostam Aziz
Rostam Aziz just bought Nation Media Group from the Aga Khan. Here is every company the Tanzanian billionaire owns in 2026.
Jamaican-Canadian billionaire Michael Lee-Chin just told a room of students exactly how he built his fortune
Billionaire Michael Lee-Chin visited Portmore Community College and laid out his exact wealth creation principles to students.
How Lazarus Zim clawed his way from Fort Hare to the top of South Africa's mining industry
From Fort Hare student to Anglo American CEO, Lazarus Zim built one of South Africa's most consequential black-owned business empires.
Markus Jooste's Hermanus mansion sells for $6.4m in one of South Africa's biggest coastal property deals
The Voëlklip estate in Hermanus, once tied to disgraced Steinhoff CEO Markus Jooste, has sold for a record $6.4 million
Michael Jordan's net worth hits $4.3 billion in 2026
Forbes' latest rankings confirm Michael Jordan's net worth climbed to $4.3 billion in 2026, making him the richest retired athlete on the planet by a wide margin.
South African billionaire Zak Calisto gets regulatory green light to take joint control of King Price Insurance
South Africa's Competition Commission has backed Zak Calisto's bid to take joint control of King Price Insurance without conditions.
Israeli billionaire Dan Gertler pays $30 million to settle Congo bribery probe
Dan Gertler's former holding company has paid $30 million to settle a Dutch bribery probe over Congo mining deals dating back to 2010.
Patrice Motsepe's African Rainbow Minerals and other mining giants to benefit from the Middle East conflict
Gold is trading above $5,400 an ounce. South Africa's mining billionaires may be the unlikely beneficiaries of a widening Middle East war
Aliko Dangote's fertilizer company sees order surge as Iran conflict shuts key global supply route
Orders are piling up at Dangote Fertiliser as the Iran conflict chokes global supply routes, turning Africa's largest urea plant into a lifeline.
Fidelis Ayebae's Fidson and NREIT listings push NGX weekly turnover to $127.9 million
Two fresh listings by Fidson Healthcare and Chapel Hill Denham's NREIT injected momentum into a Nigerian Exchange market showing early signs of recovery.
South African billionaire, Johann Rupert's Richemont sells Baume & Mercier to Damiani after 37 Years
Richemont is offloading Baume & Mercier to Italy's Damiani Group, a deal that lays bare the growing pressures on mid-tier Swiss watchmaking.