Nigerian billionaire Abdulsamad Rabiu set to receive whopping $162-million dividend from BUA Foods
Rabiu is also anticipating another handsome dividend of $198 million from his shareholding in BUA Cement.
Nigerian billionaire
Aliko Dangote’s group charts bold plan to make Nigeria self-sufficient in vital industries
Dangote commits $700 million to expand sugar business, boost sugar sufficiency in Nigeria.
Contractor drags Nigerian billionaire Mike Adenuga’s firm to court over alleged $775,000 debt
This follows allegations made against Conoil in March 2022 by a group of local oil contractors.
Tony Elumelu’s Transcorp delivers big returns: Shareholders to receive $4.41-million dividend payout
Elumelu holds a total of 840,632,956 ordinary shares in Transcorp.
Africa’s richest man Aliko Dangote bounces back with $400-million single-day surge after $300-million setback
Dangote is the founder and chairman of Dangote Group.
Abdul Samad Rabiu’s net worth skyrockets to $8.2 billion, now closer to being Africa’s third-richest person
Rabiu is also one of the continent’s most prominent philanthropists.
Nigerian tycoon Tony Elumelu’s UBA stake plummets $4.1 million in just three weeks
Elumelu has seen a sharp decrease in his net worth in the past three weeks.
Africa’s richest man Aliko Dangote sustains $51.9-million loss in 24 hours after gaining $100 million
Dangote’s net worth stands at an astounding $19.6 billion.
Nigerian billionaire Benedict Peters set to receive African Philanthropist Award in Rwanda
Peters has more than 30 years of successful business leadership experience.
Femi Otedola regains spot on Africa’s richest list as stake in Geregu Power nears $2 billion
Otedola joins a select group of African billionaires whose holdings in publicly traded companies exceed $1.5 billion.
Nigerian billionaire Mike Adenuga’s net worth declines by $100 million in 43 days
Despite recent wealth decline, Adenuga’s net worth is up $500 million YTD.
Aliko Dangote inches closer to $20-billion net worth milestone as Dangote Cement shares surge
The surge in Dangote’s net worth cements his dominance as the wealthiest person on the continent.
Femi Otedola’s Geregu poised to transform Nigeria’s power industry with 1,300 MW surge
Otedola’s Geregu Power is the eighth most valuable company on the Nigerian Exchange.
Nigerian billionaire Mike Adenuga gains $22 million from stake in oil firm, Conoil
Adenuga is the founder of leading telecom service provider Globacom.
Aliko Dangote’s sugar business reports impressive performance as profit surpasses $110 million in 2022
Dangote Sugar Refinery is a leading sugar business.
Nigerian billionaire Abdul Samad Rabiu’s net worth skyrockets to $8 billion, eyes Africa’s top 3 richest spot
Rabiu is also set to receive a dividend of $198 million.