Nigerian tech tycoon Leo Stan Ekeh to invest $250 million in renewable energy across Africa
Ekeh emphasized that the investment aims to expand access to competitive and climate-friendly electricity supplies in Nigeria.
Nigeria
Nigerian billionaire Benedict Peters eyes lithium deposit in Zimbabwe
Peters made headlines in 2019 when he embarked on a platinum mining venture in Zimbabwe.
Nigerian gas tycoon Julius Rone seals deal with Afreximbank for FLNG project
Rone is the founder of UTM Offshore, a company that is building the country’s first FLNG facility.
Nigerian VC firm Verod-Kepple invests $1.5 million in Morocco’s Chari
Chari, a B2B e-commerce company, was founded by Moroccan entrepreneur Ismael Belkhayat and his wife Sophia Alj.
Dangote ‘no longer’ richest investor on NGX, as Abdul Samad Rabiu leads in latest ranking
Dangote, who recently lost his long-held title as Africa’s richest man, now finds himself in the second position on the Nigerian Exchange.
Google executive Juliet Ehimuan, who led growth in West Africa, exits company
Ehimuan was appointed as Google’s country manager for Nigeria in 2011 and represented the company in partnership opportunities in West Africa.
The 25 richest people on the Nigerian Stock Exchange
Billionaires.Africa presents its ranking of the 25 richest investors on the Nigerian Stock Exchange in 2023.
Nigerian multi-award-winning artist Davido to rake in over $20 million in 2023
Having graced the cover of Forbes Under 30 Africa, Davido headlined the prestigious 30 Under 30 Africa Summit in Gaborone earlier this year.
Nigerian banker Herbert Wigwe bolsters stakes in Access Holdings with $1-million share purchase
Wigwe’s 9.09-percent stake in Access Holdings is valued at $67 million, cementing his status as one of Nigeria’s richest businessmen.
Nigerian tycoon Abdul Samad Rabiu falls out of Bloomberg Billionaires Index
Rabiu is no longer ranked on the Bloomberg Billionaires Index of the 500 richest people in the world.
Aliko Dangote loses $400 million just one week after losing Africa’s richest crown
Dangote’s net worth has declined by a staggering $400 million within the past seven days, dropping from $10.8 billion to $10.4 billion.
Nigerian billionaire Mike Adenuga earns $1.5-million dividend from Julius Berger
Adenuga is the largest shareholder in Julius Berger with a 25.1-percent stake.
Nigerian tycoon Tony Elumelu’s UBA stake hit hard as naira devaluation sends shockwaves
The devaluation of the naira has eroded the gains that Elumelu would have enjoyed from the surge in UBA’s shares.
Dangote ‘no longer Africa’s richest man’ as devaluation forces Forbes to reshuffle Africa’s wealthiest list
Although Forbes estimates Dangote’s fortune at $10.8 billion, Bloomberg estimates present a slightly different picture.
Africa’s richest man Aliko Dangote loses $3.2 billion in a day as Nigeria’s currency plunges
The devaluation of the Nigerian currency severely impacted Dangote’s assets, including his 86-percent stake in Dangote Cement.
Nigerian oil tycoon Tein Jack-Rich awarded license to build crude oil export terminal
Jack-Rich is the founder of Belema oil Producing Limited, one of Nigeria’s leading indigenous oil exploration and production companies.