Billionaire Femi Otedola applauds Dangote as refinery hits full capacity
Femi Otedola has praised Aliko Dangote after the refinery reached 650,000 barrels per day, calling the milestone transformational for Nigeria economy.
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BUA Foods names Khalifa Rabiu head of global procurement and operations
BUA Foods has appointed Khalifa Rabiu to lead global procurement and operations, reinforcing its focus on supply chain efficiency and operational performance
Tetracore, led by energy tycoon Olakunle Williams, expands CNG network with 60,000 SCMD Auto CNG facility
Tetracore Energy has commissioned a 60,000 SCMD auto CNG facility in Ogere, Ogun State, advancing cleaner transport infrastructure under the leadership of energy tycoon Olakunle Williams
Aiteo wins rare Libya exploration license as Tripoli opens door to foreign drillers
Aiteo won a Murzuq basin exploration license in Libya’s first bid round since 2007, joining winners that included Chevron, Eni and QatarEnergy.
Aliko Dangote's refinery sets world record with 650,000 bpd output
Dangote Refinery reaches 650,000 barrels daily, setting a single train record and reshaping Nigeria’s fuel supply landscape.
Kenya’s CMA CEO Wyckliffe Shamiah approves new investment bank, stockbroker
CMA has licensed six new firms including an investment bank and stockbroker, widening the Kenya-regulated capital markets sector in 2026.
Sean Combs wins dismissal of assault lawsuit as Judge rules claim filed too late
A New York federal judge dismissed a sexual assault lawsuit against Sean Combs, ruling the claim was filed after the one year deadline.
Rainoil Founder Gabriel Ogbechie Pushes Pipeline Revival and Fair Fuel Pricing Reform
Rainoil founder Gabriel Ogbechie has urged Nigeria to revive its pipeline network and adopt fair pricing to drive sustainable growth in the energy sector.
Abdul Samad Rabiu Urges Africa to Shift From Extraction to Industrial Processing
BUA founder Abdul Samad Rabiu has called on African governments and financiers to move from raw exports to large scale industrial processing.
Ivorian Cotton King Koné Daouda Soukpafolo acquires majority stake in Uniwax
Ivorian cotton magnate Koné Daouda Soukpafolo acquires majority stake in Uniwax, restoring local ownership as the textile firm rebounds strongly in 2025.
Nigerian gas tycoon Julius Rone says $5 billion FLNG project will start construction in 2026.
UTM Offshore CEO Julius Rone says Nigeria’s first floating LNG facility will enter construction in 2026, targeting exports and domestic cooking gas supply.
Dangote expands African investment, eyes Burundi opportunities and regional energy deal
Dangote Group is accelerating its pan-African expansion with new investment talks in Burundi and strategic energy negotiations with Ghana and Cameroon
How Michiel Le Roux’s low-cost model is powering Capitec’s earnings surge
The South African billionaire’s long-held bet on simplicity, scale, and affordability is once again fueling stellar growth at Capitec Bank
Best fixed deposit rates in South Africa for a $100,000 equivalent: February 2026
South African banks are paying up to the high single digits for one year cash, with digital challengers pushing the top end.
Dangote Refinery reduces petrol price to ₦774/Litre
Dangote’s refinery has reduced petrol price to ₦774 per litre, reinforcing its growing influence over Nigeria’s fuel supply and pricing dynamics
South African billionaire Johann Rupert’s Richemont set to sell Jaeger LeCoultre
South African billionaire Johann Rupert’s Richemont is advancing plans to sell Jaeger LeCoultre in a billion-franc management buyout.