Nigerian businessman Cosmas Maduka urges African entrepreneurs to build slowly, honor values
Nigerian businessman Cosmas Maduka urges African entrepreneurs to build steadily, honor values, and grow with patience and discipline.
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Mr. Eazi pledges $2 million to build new live event venues in Accra
Mr. Eazi commits $2 million to build new indoor and outdoor live event venues in Accra, expanding capacity for major performances year-round.
Egyptian tycoon Safwan Thabet gains $40 million as Juhayna shares rebound
TMG signs $200 million contract to start South Med phase with 179 lagoon-facing buildings and smart infrastructure in Egypt.
Egyptian billionaire Hisham Talaat Moustafa’s TMG signs $200 million South Med deal
TMG signs $200 million contract to start South Med phase with 179 lagoon-facing buildings and smart infrastructure in Egypt.
Sports betting billionaire Kunle Soname calls for referee reforms in Nigeria’s Premier Football League
Remo Stars owner Kunle Soname wants a weekly referee review panel, TV coverage and tougher sanctions to rebuild trust in Nigeria’s NPFL.
Femi Otedola urges higher minimum as FirstBank hits $346 million capital target
FirstBank reaches $346 million minimum; Femi Otedola urges raising international banking capital to $692 million.
Nigerian executive Wola Joseph-Condotti-led West Power exits Eko DisCo in $250 million deal
West Power, led by Nigerian executive Wola Joseph-Condotti, has sold its 60 percent stake in Eko DisCo in a N360 billion, $250 million transaction.
Jamaican billionaire Lee-Chin weighs sale of NCB Financial stake as $94 million bond due
Michael Lee Chin is weighing a sale of his NCB Financial Group stake as a US$94 million bond payment looms.
The late Nigerian billionaire Nuel Ojei built an empire from Mazda to EMO, then kept it out of the spotlight
From Mazda showrooms to EMO oil ventures, Nuel Ojei built a discreet conglomerate that touched Nigeria’s roads, ports and crude trade.
Custodian Investment chief Wole Oshin buys $2.3 million in shares in December trades
Custodian Investment chief Wole Oshin bought 87 million shares worth about N3.39 billion in December trades disclosed to the NGX.
Meet Olubunmi Peters, Nigerian businessman behind the $250 million deal for control of Eko DisCo
Olubunmi Peters is betting that new capital can turn Eko DisCo into a Lagos powerhouse.
Aradel Holdings, led by Adegbite Falade, completes 40% stake acquisition in ND Western
Aradel completes 40 percent ND Western acquisition, strengthens OML 34 influence, and grows Nigerian oil and gas presence.
Nigerian banker Segun Agbaje-led GTCO to raise $6.8 million in private placement
GTCO plans $6.9 million private share placement, approved by CBN and SEC under Segun Agbaje’s leadership.
Nigerian tycoon Fidelis Ayebae gains $4.2 million from Fidson stake
Fidelis Ayebae gains $4.2 million as Fidson Healthcare shares rally on the Nigerian Exchange, lifting the value of his 33.1% stake.
Tanzanian billionaire Rostam Aziz clears legal hurdle for Mombasa LPG terminal
Rostam Aziz clears legal hurdle for $130.5 million Mombasa LPG terminal, boosting Kenya's regional energy supply.
Nigerian businessman Tony Elumelu’s Heirs Energies buys 20% of Seplat for nearly $500 million
Tony Elumelu’s Heirs Energies acquires 20% of Seplat for nearly $500 million, marking a major local investment in Nigeria’s energy sector.