Skip to content
A British Virgin Islands judge granted Access Bank a US$220 million summary judgment against Seplat co-founder ABC Orjiako, piercing offshore structures tied to historic oil-sector debts.
Liberian MPs have urged colleagues to reject production-sharing deals with Arthur Eze’s Atlas Oranto, citing a chequered record and opaque terms. The Boakai administration says the agreements will revive offshore exploration.
A Lagos court has placed Nestoil under receivership in a debt dispute exceeding $1bn, thrusting founder Ernest Azudialu-Obiejesi into the spotlight as banks move to seize assets and police seal the firm’s Victoria Island headquarters.
NIPCO Plc, controlled by the wealthy Kansagra family via Purebond, is acquiring about 19% of London-listed Savannah Energy.
Aliko Dangote plans to double the capacity of his Lagos refinery to 1.4 million barrels a day, aiming to make it a global refining leader. The billionaire also reaffirmed plans to list shares on the NGX and promised steady fuel supply during the festive season.
A one-week surge in Aradel’s share price added $25.7 million to the fortunes of founder Ladi Jadesimi and CEO Adegbite Falade. Rising output, fresh deals and a steadier oil market helped drive the rally.
Billionaire investor Femi Otedola has sold 9.04 million shares in Geregu Power Plc through his investment vehicle Amperion Power, in a ₦9.29 billion ($6.25 million) deal that trims his controlling stake but keeps him firmly in charge.
Natcom, controlled by Danjuma, has appointed a new board in a move aimed at restoring investor confidence and positioning the telecom firm for a 2026 relaunch.
Family offices remain nascent in Nigeria, but a small cohort of billionaire-led vehicles are setting the tone with deals spanning oil & gas, power, finance and tech.
As Ghana confronts rising hunger, energy entrepreneur Kevin Okyere urges the private and public sectors to unite in tackling food insecurity, while his foundation supports hundreds of families and spearheads skills-training initiatives.
Ghanaian businessman Ibrahim Mahama cements his position in the mining sector with a $100 million takeover of Azumah Resources
Jean-Louis Billon, heir to a $1.2 billion palm oil empire, is positioning himself as the face of a new generation in Ivorian politics.
Innocent Chukwuma moves to expand clean transport as Innoson plans a major CNG vehicle plant in Bayelsa State.
Nigerian industrial giant Dangote Cement has inaugurated a major plant near Abidjan, promising local jobs, affordable cement, and regional growth.
Bassim Haidar is betting big on African fintech, planning South Africa’s largest IPO of 2025 to fund Optasia’s global expansion.
Sodecoton okays a 500 million CFA ($810,000) dividend as Cameroon lifts its stake to 89%, leaving Baba Ahmadou Danpullo’s SMIC with 11% and steady cashflows.