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.
Central and West Africa
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.
Nigerian businessman Orji Uzor Kalu sponsors UTME registration for 2,000 Abia North students
Senator Uzor Kalu sponsors UTME registration for 2,000 Abia North students, access to education
Late Nigerian billionaire Pascal Dozie honoured as NGX celebrates his legacy
NGX and Nigeria’s business leaders honour billionaire banker Pascal Dozie, celebrating his lasting impact on the capital market, corporate governance and nation-building
Access Bank appoints Ifeyinwa Osime as new Board Chair
Her combined exposure to banking, insurance, trust services, and legal practice positions her as a multifaceted leader capable of navigating complex regulatory and market environments
Nigerian billionaire Abdulsamad Rabiu drives FX loss cut as BUA Foods profit hits N507.73bn
BUA Foods sharply reduced FX losses in 2025 as disciplined operations and energy diversification lifted profit to N507.73 billion.
Senegalese comedian Khaby Lame’s leap into billionaire territory sparks global buzz
Following the announcement, Rich Sparkle’s shares exploded, climbing more than 650% within days
Nigerian billionaire Folorunsho Alakija awards $215,000 in grants to women entrepreneurs
Folorunsho Alakija’s Flourish Africa chose 100 women for 3 million naira grants after training, business plans and competitive pitches.
Nigerian billionaire Abdulsamad Rabiu tops stock gains in 2025, beats Dangote
Abdul Samad Rabiu emerged as Nigeria’s biggest stock market winner in 2025, overtaking Aliko Dangote as soaring share prices lifted billionaire fortunes.
Nigerian businessman Matthew Tonlagha signs $720,000 U.S. lobbying deal as Abuja courts Washington
Matthew Tonlagha, a Tantita Security Services executive, signed a six month $720,000 lobbying deal in Washington to boost U.S. Nigeria ties.