Nigerian billionaire Aliko Dangote loses $1.6 billion as Dangote Cement shares sink 10%
Aliko Dangote's Dangote Cement stake lost about $1.6 billion in value on Thursday after the shares fell 10%, the daily maximum in Lagos.
NGX
Nigerian tycoon Gliffeth Wonuigwe's Gasgroup targets NGX listing, expands into refining, power, gas infrastructure, AI data centers
Gliffeth Wonuigwe, the Nigerian oil and gas executive who runs Gasgroup, is taking the company to the Nigerian Exchange main board and repositioning it from oilfield services into refining, LNG and power for artificial intelligence data centres.
Seplat, co-founded by Nigerian businessman Austin Avuru, reports $2.73 billion revenue surge
Seplat Energy posted a 144 percent revenue jump to 2.73bn dollars in 2025, boosted by offshore assets and stronger gas output.