Femi Otedola’s Geregu Power gains $170.1 million following Afreximbank deal
Geregu Power is a major player in Nigeria’s power sector.
Nigerian billionaire
Dangote’s oil refinery set to transform African petroleum industry in 2023
The refinery will be closely watched by the global energy industry.
Three African billionaires defy global economic challenges with increase in net worth
Three African billionaires managed to buck the trend.
The four assets that make Nigerian billionaire Aliko Dangote Africa’s richest man
Dangote built his businesses through strategic acquisitions and organic growth.
Nigerian tycoon Benedict Peters’ firm fails to overturn Shell arbitration award
Aiteo is an integrated energy company.
Africa’s richest man Aliko Dangote awards 460 scholarships to students in Lagos State
Dangote Group is the continent’s most diversified manufacturing conglomerate.
Nigeria’s second-richest man supports higher education with $12.3-million donation
Rabiu’s grant will provide a much-needed boost to higher education in Nigeria.
NDLEA receives $1.1-million grant from Abdul Samad Rabiu to combat drug abuse in Nigeria
Rabiu said the grant was made in recognition of the many successes of the NDLEA.
Aliko Dangote’s fortune takes a hit: Africa’s richest man loses $200 million in December
Dangote derives most of his wealth from his 86-percent stake in Dangote Cement.
Nigeria’s second-richest billionaire Abdul Samad Rabiu’s net worth surpasses $8.1 billion
Rabiu is Nigeria’s second-richest man and one of the African continent’s wealthiest businessmen.
Telecom billionaire Mike Adenuga loses $9 million in 200 days from stake in Conoil
Adenuga holds a majority stake in the oil marketing business.
Africa’s richest man Aliko Dangote’s firm receives approval to buy back shares worth $917 million
Dangote Cement is Africa’s largest cement producer.
Nigerian billionaire Abdul Samad Rabiu’s net worth surges to record high of $7.3 billion
The surge solidifies his position as Nigeria’s second-richest man.
Nigerian billionaire Abdul Samad Rabiu’s cement firm pays workers $10.7 million in salary in 9M 2022
Rabiu derives the majority of his fortune from his 92-percent stake in BUA Cement.
Afreximbank set to buy shares in Geregu Power, Femi Otedola’s power-generating firm
Geregu is one of Nigeria’s largest power-generating enterprises.
Africa’s richest man Aliko Dangote gains $1.5 billion in November
Dangote derives most of his wealth from an 86-percent stake in Dangote Cement.