Nigerian billionaire Abdul Samad Rabiu, Dangote, and MTN lead big wins at NGX Made of Africa Awards
BUA founder Abdul Samad Rabiu joined Dangote and MTN as industry giants claimed top honours at the NGX Made of Africa Awards in Lagos.
Central and West Africa
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
Nigerian billionaire Arthur Eze suffers another loss as Chevron cuts ties with Atlas in Equatorial Guinea
Arthur Eze’s Atlas Petroleum lost its Block I stake after payment disputes with Chevron, as Equatorial Guinea moves to secure gas development.
Nigerian tycoon Emma Bishop Okonkwo is reportedly building a Novotel hotel in Lagos
Ekulo Group chief Emma Bishop Okonkwo is taking his consumer goods empire into hospitality, backing a 170 room hotel project on Victoria Island.
Billionaires.Africa ranks the 30 richest investors on the Nigerian Exchange in 2026
Using late January 2026 closes and N1,460 to $1, we ranked the biggest disclosed NGX shareholders and priced their listed stakes.
Billionaires.Africa ranks the 20 richest investors on the Ghana Stock Exchange in 2026
Ghana’s 2025 market rally reshaped the wealth table on the GSE. Here are 20 investors with the biggest disclosed listed stakes.
Nigerian billionaire Abdulsamad Rabiu's BUA begins gypsum plaster board production in Port Harcourt, aiming to cut imports
BUA says it has started producing gypsum plaster boards in Port Harcourt, a step it says will deepen local supply and ease import reliance.
Billionaire investor Femi Otedola signals painful reset as First HoldCo rebuilds its future
Femi Otedola says rebuilding First HoldCo will involve tough disruptions as the group resets its balance sheet and positions for long term stability.
Nigerian billionaire Aliko Dangote’s refinery denies importing finished fuel
Dangote Refinery has rejected claims it imports finished fuel, saying it processes crude and feedstocks into petrol and diesel that meet global standards.
SIFAX Group Chairman Taiwo Afolabi Expands Rural Healthcare Access Through Free Insurance Scheme
SIFAX Group chairman Taiwo Afolabi has expanded healthcare access in rural Ogun through a free insurance program targeting elderly and vulnerable residents.
Nigerian business mogul Tony Elumelu to empower new generation of African entrepreneurs
Tony Elumelu says empowering young entrepreneurs is key to Africa’s future as his foundation expands funding, training and mentorship across all 54 African countries
Tony Elumelu-backed Redtech processed $20.6 billion in 2025 transactions as digital payments surge in Nigeria
Redtech says it processed 30 trillion naira in 2025 transactions, pointing to stronger RedPay usage and plans to expand across Africa.
UAE’s biggest bank targets Nigeria expansion with Lagos office
First Abu Dhabi Bank plans a Lagos office as it expands into Nigeria, deepening its push into infrastructure and energy financing across Africa.
Nigerian billionaire Kola Karim's Shoreline Group acquires producing U.S. oil assets
Shoreline Group chief Kola Karim says the Nigerian operator has bought producing U.S. oil assets, betting African grit can lift output.
Banker Aig-Imoukhuede urges Nigeria to embrace agriculture as engine for jobs
Nigeria’s agriculture is unfinished, not failed. Leaders urge youth to see it as a modern, tech-driven sector with vast career paths
Citygate Homes Chairman Duru Mike Ejiogu honored as Entrepreneur of the Year by Sun Newspapers
Citygate Homes chairman Duru Mike Ejiogu received Sun Newspapers’ Entrepreneur of the Year award at a ceremony attended by Nigeria’s business and political elite.