Nigerian billionaire Femi Otedola details rise to success in upcoming autobiography
Femi Otedola reveals lessons, risks, and defining moments in business in his long-awaited autobiography.
Nigerian billionaire
Billionaire Mike Adenuga’s Globacom to launch public Wi-Fi in Lagos under new deal
Globacom teams up with Wave5 to deploy public Wi-Fi in Lagos, aiming to ease congestion and expand digital access.
Africa's richest man, Aliko Dangote, plans Nigeria’s biggest seaport
This infrastructure will enhance logistics for Dangote’s fertilizer and oil refinery operations, including planned exports of liquefied natural gas (LNG).
Nigerian billionaire Femi Otedola’s Geregu Power sees $57 million in 2025 half-year revenue
Geregu Power, led by Femi Otedola, posts steady $57.4 million revenue in H1 2025, showing strength in a tough energy market.
Nigerian oil billionaire Muhammadu Indimi to earn $600,000 Jaiz Bank dividend
Indimi, who holds nearly 13.1 billion shares—equal to a 29.36 percent stake, is the largest shareholder in Jaiz Bank, the first Islamic bank in Nigeria.
Billionaire philanthropist Aminu Dantata, uncle to Aliko Dangote, dies at 94
News of his passing was confirmed on Saturday by his Principal Private Secretary, Mustapha Abdullahi Junaid, who shared the announcement with deep sorrow.
Billionaire Femi Otedola backs tax reforms, calls them turning point for Nigeria’s economy
The Nigerian businessman and philanthropist hails President Tinubu’s overhaul of Nigeria’s tax laws as a transformative moment for business and inclusive growth.
Otedola's FirstHoldCo pumps nearly $10 million into cybersecurity defenses
The bold move underscores the group’s commitment to safeguarding customer assets amid rising cyberattacks targeting financial institutions across Nigeria.
Nigerian billionaire Femi Otedola pursues bigger stake in First Bank’s parent company
Sources familiar with the matter say both Otudeko and Odukale, have agreed to sell their shares to Otedola at N31 ($0.02) apiece.
Power meeting in Accra: Mike Adenuga holds talks with President Mahama
While details of their conversation were kept private, aides on both sides confirmed the visit, with Adenuga returning to Lagos that same evening.
Femi Otedola calls Dangote Refinery 'eighth wonder' during President Tinubu visit
Femi Otedola praises Dangote Refinery as the “eighth wonder” during President Tinubu’s visit, highlighting Nigeria’s industrial rise and investor confidence.
Abdul Samad Rabiu’s BUA pours $65 million into port terminal project
This follows public controversy after former Nigerian Ports Authority (NPA) Managing Director Hadiza Bala Usman accused BUA of breaching concession terms.
Mike Adenuga’s Globacom expands network to community near Nigeria’s capital
Glo expands mobile network to rural Kura near Abuja, connecting 12,000 residents with LTE, public WiFi for schools, clinics, and businesses.
Jim Ovia makes over $4.6 million from Zenith Bank stake
Zenith Bank shares climb, lifting market cap above $1 billion, as investor sentiment strengthens.
Mike Adenuga exports new Nigerian crude grade to international market
The Obodo blend is a medium sweet crude extracted from the onshore OML 150 block, operated by Continental Oil & Gas Limited, one of Conoil Producing’s units.
Abdul Samad Rabiu signs deal to boost Nigeria's food security
Abdul Samad Rabiu's BUA Group has partnered with Turkish firm Agrimac Makina Limited to install wheat handling equipment with a 2 million metric tonne annual capacity.