Africa’s richest man Aliko Dangote’s cement plans to buy back shares worth $917 million
None of Dangote Cement’s directors will take part in the share buyback program.
Nigerian billionaire
Nigerian billionaire Abdul Samad Rabiu, others raise $2.2 million for flood victims
Rabiu’s participation in the fundraising comes after he established the $23.8-million Nigeria Security Support Fund.
Nigerian shipping tycoon Victor Odili’s stake in MTN Nigeria now worth $350 million
Odili is also the chairman and executive director of Aeromaritime Group.
Africa’s richest man Aliko Dangote is now richer than Binance boss Changpeng Zhao
Dangote has a net worth of $18.3 billion.
Court cancels corruption allegations against Nigerian billionaire Benedict Peters
Peters is the founder of Aiteo Group.
Fourteen of Africa’s 18 billionaires too poor to make Forbes 400 list
It now takes $6 billion to make the Forbes 400 richest list.
Nigerian telecom billionaire Mike Adenuga has now lost $1 billion since start of 2022
Adenuga is one of the world’s 500 wealthiest billionaires.
Africa’s richest billionaire Aliko Dangote gains $700 million in one week
Dangote’s net worth has rose by $700 million in the past week.
Abdul Samad Rabiu to construct $2.3-million ICT hub at Nigerian university
ASR Africa is a nonprofit foundation founded by Rabiu in April 2021.
Nigerian tycoon Tony Elumelu’s stake in UBA sheds $6.8 million, as shares plunge on NGX
Elumelu is on track to pocket another sizable dividend in 2023.
OPEC says Aliko Dangote’s petrochemical refinery to account for over half of Africa’s refining additions
THE Dangote Refinery is a $19-billion integrated petrochemical refinery complex.
Nigerian billionaire Femi Otedola celebrates 60th birthday on $750,000-a-week yacht owned by Aristotle Onassis
Otedola is one of Nigeria’s richest men.
Nigerian billionaire Aliko Dangote’s sugar company posts record earnings, with profits exceeding $56 million
Dangote owns 72.3 percent of Dangote Sugar Refinery.
Nigerian billionaire Abdul Samad Rabiu’s food business posts $156.5 million in profit in 9M 2022
Rabiu and his son own 99.8 percent of BUA Foods.
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement posts $168.4 million in profit in 9M 2022
Rabiu derives the majority of his fortune from his 92-percent stake in BUA Cement.
Nigerian billionaire Mike Adenuga receives $3.1 million in dividends from oil company
Adenuga owns 74.4 percent of Conoil.