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AMCON has taken control of Nduka Obaigbena’s General Hydrocarbons, deepening financial troubles that could spill over into his Arise TV and ThisDay holdings.
Senegalese investor Yérim Sow is preparing an IPO of Côte d’Ivoire’s Bridge Bank Group on the BRVM to fund West African expansion.
Ventures Platform has raised $64 million for its second fund, aiming to back Africa’s next generation of tech startups and drive regional expansion.
Prince Arthur Eze parlayed state TV contracts, military friendships and a royal name into Atlas Oranto, a sprawling African oil empire now under scrutiny from reform-minded governments.
Optasia rose on its Johannesburg debut after pricing at the top of the range. Founder Bassim Haidar’s BH Holdings owns 19.01% — about 234.8m shares — now valued at roughly R4.55bn ($260m). The AI microfinance firm partners with telcos and banks to deliver small-ticket credit at scale.
President Bola Ahmed Tinubu sent birthday wishes to Geregu Power chairman Femi Otedola, applauding his “visionary entrepreneurship,” energy-sector investments, and philanthropy in education, healthcare, and youth programs.
After years of chaos and foreign plunder, Nigeria’s mines are stirring. Legit operators are turning gold, lithium and iron into fortunes as a long-overdue cleanup begins.
Across Nigeria, a new generation of real estate developers is turning concrete and land into the country’s next fortunes.
Billionaire Abdul Samad Rabiu, founder of ASR Africa and chairman of BUA Group, has funded a 500-seat lecture theatre at Adamawa State University for ₦350 million (US$241,379), extending his structured philanthropy in Nigeria’s tertiary sector.
Nigerian oil executive Tein Jack-Rich has called for African governments and investors to use the continent’s gas reserves, demographics and market size to build an energy system that is less exposed to foreign capital and imported fuel.
Coleman Technical Industries chairman Asiwaju Solomon Onafowokan has launched a massive fibre-optic cable factory in Sagamu, boosting Nigeria’s digital-economy capacity and reducing dependence on imported network infrastructure.
From banking to aviation and oil logistics, Nigerian businessman Kashim Shettima Bukar has built the Barbedos Group into a multi-sector empire.
After a sharp drop in revenue, Caverton Offshore Support Group Plc delivered a markedly reduced loss in its Q3 2025 interim results, under the leadership of founder-chairman Aderemi Makanjuola.
Shoreline Group chairman Kola Karim has urged government to lift its oil ambition to 5 million barrels a day by 2030, arguing that security, financing and contract fixes can unlock brownfield and deepwater barrels far above today’s output.
Billionaire Femi Otedola has committed ₦4 billion to build a new electrical and electronics engineering block at Augustine University, reinforcing his role as the institution’s largest private benefactor.
Anap Foundation’s Atedo Peterside says Nigeria’s election manager must face tougher disclosure rules and time-bound audits, arguing courts have “failed woefully” and investor confidence is at risk.