Nigerian businessman Tony Elumelu to pocket $1.6-million dividend from UBA
The interim dividend payout will be deposited into Elumelu’s bank account on Fri., Oct. 6.
Nigerian billionaire
Nigerian billionaire Olugbenga Agboola’s Flutterwave to invest $50-million in Kenya
Flutterwave CEO and Co-Founder, Olugbenga Agboola disclosed this strategic move in a recent media interview held in Nairobi.
Africa’s richest man Aliko Dangote’s refinery misses production deadline
The delay in the Dangote Oil Refinery’s production start has left stakeholders in Nigeria’s oil industry eagerly awaiting updates
15 inspirational quotes from Nigerian billionaire Femi Otedola
Otedola is not just one of Africa’s wealthiest individuals; he is a symbol of hope and inspiration.
Nigeria’s second-richest man Abdul Samad Rabiu’s gains $1.2 billion in 45 days
Rabiu’s fortune has taken a remarkable turn, with his net worth bouncing back by more than $1 billion.
Nigerian billionaire Olugbenga Agboola’s Flutterwave expands reach to India
Agboola believes this expansion will usher in an era of smoother financial transactions between the two regions.
Aliko Dangote’s sugar firm soars, becoming Africa’s newest billion-dollar empire
This remarkable milestone has further solidified Dangote’s status as the richest man on the African continent.
Nigerian billionaire Mike Adenuga suffers $7.5-million loss as Conoil shares dip
Despite this setback, Adenuga stands as one of the wealthiest billionaires not only in Nigeria but on the African continent.
Africa’s richest man Aliko Dangote back among world’s top 100 billionaires
The majority of Dangote’s wealth is anchored in his 86-percent stake in Dangote Cement, Africa’s largest cement producer.
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement plans to reduce cement prices
Rabiu’s statement follows a strategic agreement between BUA Cement Plc and Sinoma International Engineering Co., Ltd.
Nigeria’s richest pastor David Oyedepo to lose private jet hangar
Oyedepo, known as Nigeria’s wealthiest preacher and founder of Living Faith World Outreach Ministry, one of Africa’s largest congregations.
7 companies owned by Nigerian magnate Kola Karim
Under Karim’s leadership, Shoreline has emerged as a dominant force in Africa’s collaborative business landscape.
10 companies owned by Nigerian multimillionaire Tony Elumelu
Elumelu’s influence extends far beyond his business endeavors, making him a beacon of inspiration for future generations.
Africa’s richest man achieves massive wins on NGX as portfolio surpasses $7.7 billion
Dangote’s expansive investment portfolio positions him ahead of his African peers, including South African billionaire Johann Rupert.
Tony Elumelu’s wealth skyrockets with Transcorp stake closing in on $100 million
Through his investment firm, HH Capital, Elumelu owns a 29.5-percent stake in Transnational Corporation of Nigeria (Transcorp).
7 companies owned by Nigerian multimillionaire Tunde Folawiyo
Folawiyo’s impact extends beyond the Yinka Folawiyo Group. His extensive leadership journey has significantly impacted various companies.