Skip to content
Babatunde Ajayi, the head of SME Banking at UBA, spoke about the initiative during the Nigerian Canadian Business Association Business 2023 Roundtable held in Lagos.
As one of the founders and former directors of the Lagos-based energy conglomerate, Avuru owns a significant 8.2-percent stake in Seplat Energy.
Stanlib Asset Management, one of South Africa’s top investment firms, led by business executive Derrick Msibi, has unveiled plans to invest $160…
As a result of the recent $180-million slump in his fortune, Sawiris is currently the 308th wealthiest individual globally.
Last year, Rupert’s Richemont agreed to sell a 47.5-percent stake in its Yoox Net-A-Porter (YNAP) fashion and accessories business to Farfetch.
The move aligns with its strategy to bolster earnings and revenue by expanding its reach across East Africa.
Dossou-Aworet has recorded a notable surge in his fortune, propelled by the performance of his holdings in Nigeria’s largest listed energy group.
The upswing comes on the heels of a setback that led to Attridge recording a loss of $11.96 million between Oct. 2 and Oct. 26.
The legal actions against Combs include a federal lawsuit filed by Cassie — whose real name is Casandra Ventura — seeking $30 million in damages.
At the time of his untimely passing, Bryant’s net worth was estimated at $600 million.
The primary driver behind this surge is attributed to the robust performance of his diverse industrial assets across Sweden, Saudi Arabia, and Ethiopia.
Ahmed El-Sewedy and his siblings, Sadek and Mohammed, hold a controlling and beneficial stake of 68.1 percent in Elsewedy Electric.
Nigerian immigrant Abbey Wemimo creates U.S. fintech unicorn against odds.
Arnold saw his compensation from the power management company decline by 37.7 percent from his previous year’s pay of $19.37 million.
Lloyd Yates also received a long-term incentive award amounting to $4.67 million from the Indiana-based utility company.
These trailblazers lead key banking institutions including FMB Capital Holdings, FDH Bank Plc, NICO Holdings, and the National Bank of Malawi.