OCI, owned by Egypt’s richest man Nassef Sawiris, to sell methanol business for $2.05 billion
The $2.05-billion deal includes U.S. and European assets and a stake in Natgasoline LLC.
The $2.05-billion deal includes U.S. and European assets and a stake in Natgasoline LLC.
In recent times, his net worth has surged to $6.9 billion from $6.1 billion in 2023, solidifying his rank as Africa’s fifth-richest and Nigeria’s second wealthiest person.
Adenuga remains among the world’s 400 richest people and one of the top five wealthiest individuals in Africa.
This surge solidifies Adenuga’s position among the world’s wealthiest individuals.
Adenuga, renowned telecom mogul and one of Africa’s wealthiest billionaires, owns a 74.4-percent stake, equivalent to 516,298,603 shares, in Conoil.
This swift increase underscores Adenuga’s adept strategic investments, propelling his total fortune to $7 billion and securing his position among the world’s wealthiest individuals.
Rabiu’s $7.2-billion fortune places him second in Nigeria, fifth in Africa, and 343rd globally on Forbes’ billionaires list.
The marketers have registered for the lifting and distribution of refined petroleum products.
His net worth now stands at $7.4 billion — solidifying his position as a top figure in Africa’s business landscape.
According to the notice, the NCC has granted partial approval for the disconnection of Glo from MTN Nigeria.
Julius Berger, the renowned construction giant partly owned by Nigerian billionaire Mike Adenuga, has officially handed over the N336 billion ($425.6 million)…
Step into the world of Nigeria’s elite oil magnates.