Nigerian billionaire Abdul Samad Rabiu’s BUA Cement plans to nearly double production capacity
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement plans to nearly double annual production from 11 million to 20 million tonnes.
Aradel, led by Nigerian executive Adegbite Falade, gains majority stake in Renaissance
Aradel Holdings becomes the largest shareholder in Renaissance Africa Energy after a $250 million acquisition boosts its stake to 53.3 percent.
FCMB, led by Nigerian banker Ladi Balogun, expects Q1 earnings to top $40 million
FCMB, led by Nigerian banker Ladi Balogun, forecasts Q1 2026 profit to reach $44 million amid strong banking growth.
Senegal revokes Nigerian billionaire Arthur Eze’s offshore exploration license
Senegal revokes Nigerian billionaire Arthur Eze’s Atlas Oranto offshore license after years of unmet obligations.
Gilbert Chagoury, billionaire behind Banana Island, Eko Atlantic, wins top Nigerian honor
Gilbert Chagoury, billionaire developer of Banana Island and Eko Atlantic, receives Nigeria’s Grand Commander of the Order of the Niger.
Geregu Power posts nearly $30 million profit under Nigerian businessman Abdulaziz Yari
Geregu Power reports $29.53 million profit, $130.17 million revenue, and strong dividends under Nigerian businessman Abdulaziz Yari.
Shola Akinlade’s Paystack targets Nigeria’s $32 billion financing gap for small businesses
Shola Akinlade is expanding Paystack beyond payments, using banking and data to help close Nigeria’s $32 billion small business financing gap.
Glencore, led by South African executive Gary Nagle, signs Oman offtake deal for steel input
Glencore, led by Gary Nagle, agrees to buy up to 1.25 million tons of cleaner steel from Oman, advancing its energy transition goals.
Femi Otedola hosts fellow billionaire Rabiu in Dubai amid expanding business empires
Femi Otedola hosted billionaire Abdul Samad Rabiu in Dubai as both oversee major deals reshaping Nigeria’s banking, power and manufacturing sectors.
Nigerian businessman Tony Elumelu urges leaders to rethink authority, trust and team relationships
Tony Elumelu urges leaders to rethink authority, arguing that trust, empathy and disciplined execution drive results more than hierarchy.
British executive David Bird readies Dangote refinery for IPO in Nigeria
British executive David Bird prepares Dangote Petroleum Refinery for a landmark IPO as Nigeria’s largest industrial asset moves closer to public listing.
Patrice Motsepe overtakes Koos Bekker as South Africa’s third-richest man
Motsepe edges past Bekker, reaching $3.9 billion to become South Africa’s third-richest, fueled by mining stakes and market gains.
AJ Property, led by Bernadette Mzobe, prepares to open new KwaZulu-Natal mall
AJ Property, led by Bernadette Mzobe, is set to open Kingsburgh Junction mall, boosting retail and jobs in KwaZulu-Natal.
Geregu Power, under Abdul-Aziz Abubakar Yari, set for $351 million FG debt repayment
Abdul-Aziz Abubakar Yari takes control of Geregu Power as the firm prepares to benefit from a $351 million Federal Government debt repayment.
Nigerian billionaire Abdul Samad Rabiu gives Super Eagles $500,000 despite loss to Morocco
Rabiu said he would honor the $500,000 pledge, framing the payment as a gesture of appreciation for the players’ performance and the lift they gave to national morale.
After committing $2.5m to Dynamos FC, Tagwirei donates $100k to former players, coaches
Zimbabwean businessman Kudakwashe Tagwirei adds a $100,000 donation for former players after committing $2.5 million to Dynamos FC.