Skip to content
Aliko Dangote’s $1.6 billion refinery IPO could increase Nigeria’s active investor base by threefold to fivefold, Nigerian Exchange Group CEO Temi Popoola says.
A Kenyan court lifted an order that halted Aliko Dangote's $16 billion Lamu refinery after residents opposing the project cited the wrong land parcel.
Ghanaian billionaire Ibrahim Mahama has promised 5,000 bags of cement to rebuild flood-hit homes in Hohoe, his brother, President John Mahama, said Friday.
Aliko Dangote told reporters at the Lekki refinery the IPO will launch in September with private placement requests already approaching $2 billion.
Allen Onyema says Nigerian airlines lose at least N20 billion annually to bird strikes, with Air Peace recording 49 incidents in just nine months last year.
Idrissa Nassa's Coris Holding has joined a 17-institution coalition targeting a $50 billion gap in African agricultural trade financing at the Nairobi summit.
A Benin-born engineer who once ran Gabon's hydrocarbons office quietly built a private empire worth nearly $1 billion through Petrolin Group.
Aliko Dangote has shifted his preferred site for a $15-17 billion East African refinery from Tanzania's Tanga port to Kenya's Mombasa.
Ghana's Asantehene Otumfuo Osei Tutu II has honored McDan Group's Daniel McKorley with a commemorative gold medal on his 27th enstoolment anniversary.
Industrialist Abdul Samad Rabiu sees his fortune climb to $14.6 billion as strategic manufacturing expansions and high demand drive BUA Group growth.
Aliko Dangote's refinery has shipped 456,000 tonnes of refined petroleum products to five African countries since reaching full capacity in February.
Jim Ovia's Zenith Bank Plc reclaimed its position as Nigeria's most valuable lender after shares surged to an all-time high of N111.
Shoreline Group's Kola Karim says Iran's conflict with the U.S. is the most dangerous supply shock in years and Nigeria must capitalize.
Aliko Dangote has committed N1.5 billion to support postgraduate business students at Bayero University Kano through a five year scholarship scheme.
FCMB shares rise toward a 52-week high after $13.9 million in cross deals drive heavy trading on the Exchange.
How Abdul Samad Rabiu climbed to Africa fourth richest after BUA Foods delivered record profits and added over one billion dollars to his fortune.