How Nigerian businessman Chris Iyovwaye went from nurse to building a $20 million oil logistics firm
Chris Iyovwaye went from auxiliary nurse to founder of Wellmann Group, an oil services firm reporting over $20 million in yearly turnover.
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.
Canadian billionaire Galen Weston's family nears £7 billion deal to buy Boots
The billionaire Weston family's Canadian arm is in advanced talks to buy Boots from Sycamore Partners for about £7 billion, with a deal possible next week.
British billionaire David Sullivan sues BBC for £150 million
Billionaire David Sullivan has filed a £150 million High Court defamation claim against the BBC over a Panorama documentary alleging misconduct he denies.
Indian billionaire Sunil Mittal's Airtel Money prices London IPO at $7 billion
Billionaire Sunil Mittal's Airtel Money priced its London IPO at £1.96 a share, a $7 billion valuation below the $8 billion to $9 billion range reported in August.
Billionaire Tyler Perry lists his $57 million Beverly Hills mansion as the Puerto Rico move gets real
Tyler Perry has put his Beverly Hills mansion on the market for $57 million, two weeks after announcing a move to Puerto Rico, with a Wyoming estate also listed.
Billionaire Gautam Adani reclaims India's richest title from Mukesh Ambani
Gautam Adani is India's richest person again, worth $112.7 billion on Forbes' 2026 list, ending Mukesh Ambani's three-year run at the top.
Why billionaire Larry Ellison paid $10 million for eight suburban Florida houses he'll never live in
Oracle co-founder Larry Ellison spent nearly $10 million on eight homes in a gated Florida suburb to house his children's tutors and household staff, the WSJ reports.
Nigerian billionaire Jim Ovia gains $144 million on Zenith Bank shares in third quarter
Jim Ovia's Zenith Bank stake rose $144 million in the third quarter as the lender's shares climbed 27.6% on the Nigerian Exchange.
South African billionaire Jannie Mouton loses $115 million on Capitec shares in third quarter
PSG founder Jannie Mouton's Capitec stake lost $115 million in the third quarter as shares of South Africa's biggest retail bank fell 7%.
Controversial Zimbabwean tycoon Wicknell Chivayo reported dead in helicopter crash
Businessman Wicknell Chivayo and his wife were among six people reported killed when a helicopter crashed near Marondera, Zimbabwe, on Wednesday evening.
Africa's richest man targets 10 million investors for his refinery IPO
Aliko Dangote is targeting 10 million retail investors for his refinery's $1.6 billion IPO, nearly four times the 2.7 million Nigerians who currently trade shares.
Elon Musk says AI will make everyone rich, but jobs will change
Elon Musk says AI will deliver "universal high income" and top healthcare for everyone, speaking after signing a voluntary White House safety accord with five rival CEOs.
Former glue salesman Sun Aixiang becomes a billionaire as chip stock soars
Sun Aixiang, a former glue and tape salesman, is worth $1.7 billion after shares of his chip-cooling materials maker surged in their Shenzhen debut.
Africa's richest man breaks ground on $16 billion petroleum refinery in Kenya
Aliko Dangote and William Ruto broke ground at Lamu on Sept. 30 on a refinery designed to process 700,000 barrels of crude a day by 2029.
Billionaire oil tycoon Harold Hamm gives $150 million to study the disease he has
Harold Hamm has given the University of Oklahoma $150 million, the largest gift in its history, to fund healthcare and diabetes research.
South Africa pleads with Elon Musk on Starlink as Amazon finds a way in without him
South Africa's deputy communications minister has appealed to Elon Musk to compromise on Starlink's 30% ownership hurdle, while Amazon's rival satellite service enters via Herotel.