Nigerian banker Herbert Wigwe’s Access Holdings pours $7 million into Kenyan unit
Earlier this year, under Wigwe’s leadership, Access Holdings pledged a substantial $300-million capital investment to its flagship subsidiary.
Nigeria
7 assets owned by Nigerian billionaire Mike Adenuga
Adenuga’s journey began humbly, earning his first million at the age of 26 selling lace and distributing soft drinks.
7 assets owned by Nigerian multimillionaire Ernest Azudialu-Obiejesi
Azudialu-Obiejesi is a towering figure in the nation’s energy landscape.
Nigeria’s richest banker gains $9.9 million in just eight days
These impressive gains further solidify Ovia’s status as Nigeria’s richest banker and one of the richest investors on the NGX.
5 wealthy supermarket and retail chain owners in Africa
Their prowess has not only caught the attention of Western retailers seeking new avenues for growth but has also steered the course of Africa’s retail evolution.
Dangote’s half-brother Sayyu Dantata’s oil firm posts $3-million half-year profit
Dantata, a multimillionaire businessman and half-brother of Nigerian billionaire Aliko Dangote, is the majority owner of MRS Oil Nigeria.
Dangote’s investment portfolio soars above $7.3 billion on Nigeria’s stock market
The market value of Dangote’s portfolio now stands at an impressive $7.3 billion, a testament to his unwavering influence in the Nigerian industrial sector.
Greek tycoon John Coumantaros faces $18.9-million loss from Flour Mills shares
Coumantaros, a Greek business magnate is among the richest industrialists on the Nigerian Exchange.
Abdul Samad Rabiu donates vehicles worth $650,000 to drug enforcement agency
The latest donation follows NDLEA’s receipt of a grant amounting to $1.1 million about nine months ago from Rabiu.
One of Nigeria’s richest bankers, Herbert Wigwe, rakes in $9.8 million in 24 days
Wigwe’s stake in Access Holdings has grown by N7.59 billion ($9.87 million), reaching N55.89 billion ($72.7 million) .
5 richest industrialists on the Nigerian Exchange
Here are the five richest industrialists on the Nigerian Exchange who have made remarkable contributions to the Nigerian economy.
Billionaire Michael Lee-Chin-linked fund faces stunning $7-million loss
Lee-Chin is the founder of Portland Private Equity, the private equity fund company in charge of Portland JSX Limited.
Kanye West’s Yeezy sneakers return for second sale amid high demand
In May, Adidas announced its decision to sell off the inventory of Yeezy sneakers created in partnership with West.
Currency fluctuation wipes $400 million from Dangote’s wealth in 24 hours
Dangote’s net worth had recently surged to $11.2 billion, putting him on the verge of reclaiming the title of Africa’s richest man.
Nigerian businessman Pascal Dozie’s stake in MTN Nigeria surges by $8 million
The surge in the market value of Dozie’s 1.6-percent stake in MTN Group can be attributed to renewed investor interest.
Nigerian insurance tycoon Wole Oshin gains $3 million from Custodian stake
Oshin holds a 26.81-percent stake in Custodian Investment, or 1,576,662,503 ordinary shares.