BUA Chairman Abdul Samad Rabiu blames middlemen for high cement prices
Rabiu explained that middlemen inflated prices, preventing savings from reaching consumers, impacting families and fueling a nationwide housing crisis.
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Ecobank, led by Chairman Alain Nkontchou, launches 'Oja Oge' marketplace with 100+ exhibitors in Lagos
Ecobank launches 'Oja Oge' marketplace in Lagos, showcasing fashion, beauty, and lifestyle with over 100 exhibitors.
Fidelity Bank, led by Chairman Mustafa Chike-Obi, partners with ImpactHER to train 1,276 women
Fidelity Bank and ImpactHER train 1,276 women in digital skills, enhancing entrepreneurship and economic growth in Nigeria.
Nigerian tycoon Dozy Mmobuosi faces $250-million fine and U.S. corporate ban
A U.S. federal court has ordered Mmobuosi to pay over $250 million in fines and barred him from serving as a director of any public company.
Nigeria’s richest man Aliko Dangote set to roll out petrol from landmark refinery
The $20 billion refinery recently completed a critical test run of its 650,000 barrels-per-day capacity, a significant step towards the official market rollout.
Egyptian billionaire Samih Sawiris’ firm makes strategic $6.8-million property sale
Orascom Development Egypt sells commercial property in O West to Seoudi Supermarket for EGP332 million ($6.8 million).
South African tech mogul Zak Calisto gains $65 million from Karooooo shares
South African tech mogul Zak Calisto's fortune surges by $65 million amid Karooooo's market rally
Egyptian businesswoman Hend El-Sherbini’s IDH posts $51.4-million revenue in H1 2024
IDH's core markets of Egypt and Jordan demonstrated strong performance, highlighting resilience despite regional challenges.
Gabonese tycoon Samuel Dossou-Aworet’s $86-million stake in London-based Tullow highlights global energy interests
Dossou-Aworet leads Petrolin Group, a powerhouse in Africa's oil and gas sector, where he has brokered landmark deals and investments since 1992.
Thomas Etuh, TY Danjuma acquire Notore Chemical in $150-million deal
The acquisition was executed through their respective companies, Tak Agro and TY Holdings.