Nigerian multimillionaire Bassim Haidar looks to exit Optasia to focus on cannabis
Haidar is the founder of multinational fintech company Optasia that provides mobile financial services.
Nigerian billionaire
Nigerian billionaire Igho Sanomi-backed charity to donate $160,000 to needy children
Founded by Nigerian philanthropist Nuhu Kwajafa and backed by Igho Sanomi , GIPLC funds charity projects that uplift vulnerable children in Nigeria.
Nigerian billionaire Benedict Peters to meet Zimbabwean state officials over platinum project delays
Peters’ visionary leadership has contributed to the growth and development of Africa’s petroleum sector, and his achievements have been widely recognized.
The Richest Five: Meet the five African billionaires with a net worth of more than $5 billion
Six African billionaires boasted a net worth of over $5 billion at the start of 2023. However, only five individuals currently maintain this status.
Nigerian billionaire Benedict Peters eyes lithium deposit in Zimbabwe
Peters made headlines in 2019 when he embarked on a platinum mining venture in Zimbabwe.
Flutterwave, led by billionaire Gbenga Agboola, inks technology agreement with Bill Gates’ Microsoft
Flutterwave, under Agboola’s visionary leadership, has emerged as a prominent player in the African tech ecosystem.
Nigerian billionaire Abdul Samad Rabiu’s BUA Foods sustains efforts to make rice affordable
BUA Foods, under Rabiu, has maintained its dominant position in the Nigerian economy.
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.
South African billionaire Johann Rupert is now Africa’s richest man, according to Forbes
According to Forbes, Rupert has ousted Aliko Dangote to become Africa’s richest man.
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.
Nigeria’s richest banker Jim Ovia rakes in $30 million in just one day
Ovia rakes in $30 million in just one day as Zenith’s market cap surges past $1.85 billion.
Africa’s fourth-richest man Abdul Samad Rabiu’s net worth skyrockets by $1.6 billion
Rabiu’s net worth skyrockets by $1.6 billion, securing his position among Africa’s wealthiest people.
Wealthy Lawyer Asue Ighodalo acquires $200,000 in Nigerian Brewery shares
Ighodalo is the co-founder of one of Nigeria’s top three commercial law firms and serves as the chairman of Nigerian Breweries.
Nigerian billionaire TY Danjuma earns $500,000 dividend from pharma company
TY Danjuma holds a 43.28 percent stake in May & Baker Plc, the oldest pharmaceutical company on the Nigerian Stock Exchange.
Nigerian billionaire Mike Adenuga’s stake in Conoil soars by $59.7 million
Adenuga holds a majority 74.4-percent stake in the company, solidifying his position as a leading investor on the Nigerian Exchange.
Nigerian billionaire Abdul Samad Rabiu raises $500 million to boost cement production
Rabiu’s company, BUA Cement, will develop two new, energy-efficient cement production lines at its plant in Sokoto State.