Dangote Group calls reports of rift With Tony Elumelu false and malicious
The Dangote Group has dismissed reports alleging a rift between Aliko Dangote and Tony Elumelu, threatening legal action against anyone spreading the claims.
Tycoon Tony Elumelu calls on Nigerian government to protect citizens as South Africa xenophobia escalates
Tony Elumelu urged Nigeria's government to act as anti-migrant violence in South Africa puts Nigerian businesses and communities under threat.
Bill Gates and Jeff Bezos-backed KoBold Metals breaks ground on a $2.5 billion Zambia copper mine and bets $50 million on Congo lithium
KoBold Metals, backed by Bill Gates, Jeff Bezos and Sam Altman, has broken ground on the $2.5 billion Mingomba copper mine in Zambia and committed $50 million to Congo lithium exploration.
FirstHoldco Chairman Femi Otedola pays tribute to Mike Adenuga as the Oil and Telecoms billionaire turns 73
Femi Otedola has marked Mike Adenuga's 73rd birthday by recalling how the Globacom founder told him 24 years ago in Epe that he would be a great man.
Tony Elumelu's UBA posts N405 billion profit in 2025
UBA posted N405 billion profit in 2025, down 47% from N767 billion in 2024, as the FX trading gains that padded last year's earnings reversed sharply.
FirstHoldCo storms ahead of rivals, surging 32% in a month to become Nigeria's best-performing tier-one bank stock ahead of Q1 results
FirstHoldCo has rallied 32% in the past month to become the best-performing tier-one bank stock on Nigeria's exchange, outpacing GTCO, Zenith Bank, Access Holdings and UBA.
Meet Wale Babalakin: the lawyer who built Nigeria's best airport with private money and then spent years fighting the government to keep it
Wale Babalakin built Nigeria's finest airport terminal with private money, earned a Cambridge PhD at 25 and is one of the country's most consequential lawyer-businessmen.
Oil tycoons Tony Elumelu, Austin Avuru, Samuel Dossou-Aworet win big as Seplat becomes first NGX stock to hit N10,000
Seplat Energy became the first stock in the history of the Nigerian Exchange to breach N10,000 per share, handing Tony Elumelu, Samuel Dossou-Aworet and Seplat's co-founders combined paper gains worth hundreds of millions of dollars.
Nigerian billionaire Femi Otedola's memoir 'Making It Big' wins Business Book Gold at the 2026 Axiom Awards
Femi Otedola announced on X that his memoir Making It Big: Lessons from a Life in Business has won the Business Book Gold medal at the 2026 Axiom Business
Zimbabwean billionaire Strive Masiyiwa's Econet InfraCo plans luxury Victoria Falls resort with 40 villas and private hospital
Econet InfraCo says it will build a luxury Victoria Falls resort with 40 villas, premium amenities and a 10 bed private hospital.
Adaora Umeoji's Zenith Bank shares are now worth $21 million
Zenith Bank CEO Adaora Umeoji holds 285,096,933 shares in the lender worth N29.3 billion at current market prices, making her one of Nigeria's wealthiest banking executives.
Nigerian billionaire Jim Ovia to pocket $41.5 million in Zenith Bank dividends
Zenith Bank plans to double its total dividend to N10 per share for 2025, which would hand founder and chairman Jim Ovia a payout of approximately N58 billion.
Tycoon Ken Sharpe’s WestProp launches Chivhu Eco City, a 5,000-hectare development with 20,000 properties and Zimbabwe's first 30-year mortgage
WestProp Holdings has unveiled Chivhu Eco City, a 5,000-hectare project set to deliver 20,000 properties with Zimbabwe's first 30-year mortgage terms.
Netflix grants billionaire Strive Masiyiwa 654 stock options at $95.55 as Netflix trades near $980
Netflix has granted board director Strive Masiyiwa 654 non-qualified stock options at an exercise price of $95.55 per share, expiring April 2036.
Kenyan tycoon Mohammed Jaffer's One Petroleum imported fuel at 3x govt rate during Iran crisis
One Petroleum, a subsidiary of Mombasa billionaire Mohammed Jaffer's Mbaraki Bulk Terminal, was cleared to import 60 tonnes of petrol at three times the government rate as Kenya's Iran war crisis drove fuel supply shortages.
Kevin Hart's Gran Coramino tequila surpasses $200 million in retail sales and 3.6 million bottles sold in just three years
Kevin Hart's Gran Coramino tequila has crossed $200 million in retail sales and sold 3.6 million bottles in just three years on the market.