Nigerian oil producer Moni Pulo turns 12 as CEO Seinye Lulu proclaims a “Season of Increase”
At its 12th Corporate Praise event, Moni Pulo's CEO declared a new season of growth, gas development and expanded reserves in Nigeria's Niger Delta.
Central & West Africa
Nigerian billionaire Abdulsamad Rabiu's BUA Cement shines as most profitable Cement maker in 2025
BUA Cement Plc, under the leadership of Abdulsamad Rabiu, has become Nigeria's most profitable cement maker in 2025, with a net profit margin of 30.43%, profit after tax surging 381.7% to N356 billion, and revenue breaking the trillion-naira barrier for the first tim
Aigboje Aig-Imoukhuede's foundation partners Oxford to train Africa's next public sector reformers
The Aig-Imoukhuede Foundation is accepting applications for its sixth Oxford-backed leadership cohort, a fully funded program training Africa's top public servants.
Africa’s richest man eyes steel, power and ports as Dangote expands beyond his refinery
Aliko Dangote says his $650,000-barrel-a-day refinery is just the start. Steel, power and ports are next on the Africa's richest man's list.
Oskar Lewnowski: The man betting $9 billion on Congo's cobalt to break China's grip on America's mineral future
Oskar Lewnowski built the world's dominant mining investment firm from a London hedge fund spinout. Now Washington is counting on him.
$9 billion U.S.-backed Congo cobalt deal stalls amid billionaire Dan Gertler sanctions concerns
A U.S.-backed consortium's $9 billion bid for Congo's cobalt and copper mines is stuck over one unresolved sanctions question in Washington.
Ghanaian tycoon Ibrahim Mahama's Engineers and Planners lands $205 million loan for Gold Fields
Stanbic Bank and Standard Bank have arranged a $205 million loan for Ibrahim Mahama's Engineers and Planners to expand its Gold Fields contract.
Ibrahim Mahama, brother of Ghana's president, takes delivery of $70 million Bombardier Global 6500 private jet
Ibrahim Mahama, brother of Ghana's president, has taken delivery of a $70 million Bombardier Global 6500 private jet branded Dzata.
Nigerian government awarded a $15.7 million contract to controversial businessman Nasiru Danu, a man once arrested at Heathrow with a fake passport
Nigeria's aviation minister awarded a N21.68 billion contract to a firm whose initials point directly to a businessman with a fraud-laden past.
United Capital, led by Peter Ashade, grows revenue 35% to $43.1 million
Under Peter Ashade, United Capital grew revenue 35% to $43.1 million in 2025. Net trading income surged 176%, and shareholders received $13.2 million in dividends.
Nigerian aviation mogul Allen Onyema expands Air Peace global reach with Travelport deal
Allen Onyema has secured a global Travelport distribution deal, expanding Air Peace digital reach across Africa, Europe and Asia.
MTN Nigeria pays $429.7 million in 2025 taxes as new fiscal regime lifts corporate levies
MTN Nigeria posts a $429.7 million tax bill in 2025 under Nigeria’s new tax regime, even as profit before tax surged past $1 billion for the first time
Aliko Dangote's cement company seals $1 billion Sinoma deal to expand across Africa
Dangote Cement signs a $1bn Sinoma deal to expand plants, boost capacity and strengthen its footprint across Africa.
Nigeria’s Tompolo fights to keep $35 million pipeline security deal as Tinubu weighs changes
Tompolo is pushing to retain a pipeline security contract worth about N48 billion a year as rivals circle and the government reviews the deal.
Africa's richest man set to pocket $485 Million dividend from cement giant
Aliko Dangote is poised to collect about $485 million in dividends after Dangote Cement proposed a N45 per share payout for 2025.
Dangote Cement doubles pre-tax profit to N1.53 trillion
Dangote Cement doubles pre tax profit to N1.53 trillion