5 key philanthropic contributions by Nigerian billionaire Folorunsho Alakija
One of Nigeria’s richest woman, Folorunsho Alakija, has made investments in many different economic areas. She is not just a billionaire entrepreneur…
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Bungane underscores the audacity necessary to transition African Bank from a mono-line credit lender to a comprehensive retail and business bank.
The Saltzmans, one of South Africa’s richest families, make $103 million in 27 days
The Saltzman family, who own 35.12 percent of Dis-Chem, played a key role in steering its growth into one of South Africa’s largest retail pharmacy chains.
Morocco’s second-richest man Othman Benjelloun loses $59 million from BOA stake
According to recent stock market data, Benjelloun owns a significant 27.41-percent stake in the Bank of Africa.
Egyptian billionaire Youssef Mansour gains $200 million in 3 days
The recent uptick in Youssef Mansour’s fortune can be attributed to the robust performance of his diversified portfolio of investments.
Billionaire Theophilus Danjuma donates $1.36-million to Nigerian university
The $1.36-million donation, through the T.Y. Danjuma Foundation, is the largest donation by an individual for the construction of a student hostel in Nigeria.
NCBFG’s remarkable recovery: Lee-Chin leads financial giant to dividend triumph post-pandemic
NCB Financial Group Limited (NCBFG), the largest financial institution in Jamaica and the Caribbean, has announced that it will pay a dividend…
Nigerian businessman Tony Elumelu and wife acquire 23 million new shares in UBA
The move by Elumelu and his wife is viewed as a vote of confidence in UBA’s financial performance.
How Michael Jordan’s iconic sneaker brand wins sneaker of the year title
The Jordan brand dominates the sneaker industry with groundbreaking designs and partnerships.
South African billionaire Christo Wiese $100-million poorer as Shoprite shares slump
Despite recent setbacks, Wiese remains a leading figure in the African business scene.
South African-born tycoon Barry Stuhler gains $6.9-million from Lighthouse stake
Stuhler owns a 9.72-percent stake in Lighthouse Properties, which amounts to 172,699,222 ordinary shares in the company.
Lewis Hamilton speaks out on challenges in F1, discusses ventures beyond racetrack
In a recent interview with CNBC, the seven-time world champion detailed the problems of balancing racing and personal life.
Tiger Woods’ triumphant return at Hero World Challenge
Golf legend Tiger Woods is set to make a remarkable comeback at the Hero World Challenge in the Bahamas, marking his first…
South African banker David Munro earns $1.6 million from Standard Bank in 2022
Munro’s 2022 compensation package includes a base salary of $0.5 million and a performance-based short-term incentive of $0.49 million.
7 companies owned by Nigerian gambling magnate Kessington Adebutu
With interests in Premier Lotto, Wema Bank, and beyond, Adebutu’s businesses have solidified his position as a key player in Nigeria’s economic evolution.