Nigerian billionaire Aliko Dangote's refinery takes in a record 735,000 barrels a day
Crude deliveries to Aliko Dangote's refinery near Lagos climbed to a record 735,000 barrels a day in October, as US oil filled a larger share.
Nigerian billionaires
Nigerian billionaire Mike Adenuga’s Conoil posts 262% jump in nine-month profit
Conoil Plc, the fuel marketer controlled by Nigerian billionaire Mike Adenuga, more than tripled its nine-month profit as revenue rose 37% to ₦280 billion.
Burkina Faso tycoon Mahamadou Bonkoungou’s $1.2 billion Gabon contracts face calls for audit
Gabonese opposition politician Michel Ongoundou Loundah has called for the publication of contracts awarded to Burkinabe tycoon Mahamadou Bonkoungou's Ebomaf group.
Nigerian billionaire Aliko Dangote's cement sales in Cameroon fall 9.8%
Aliko Dangote's cement company sold 9.8% less cement in Cameroon in the first nine months of 2026, its second straight yearly decline there.
Nigerian billionaire TY Danjuma's SAPETRO buys 40% stake in TotalEnergies offshore oil block
SAPETRO, the oil company of Nigerian billionaire TY Danjuma, is buying 40% of TotalEnergies' OPL257 offshore block, which holds part of the Egina South discovery.
Nigerian billionaire Aliko Dangote hosts Egypt's investment minister as $15 billion plan advances
Egypt's investment minister toured Aliko Dangote's Lagos refinery as Africa's richest man weighs investing up to $15 billion in Egyptian refining and petrochemicals.
Sugar company controlled by Africa's richest man swings to $56 million profit
Nigerian billionaire Aliko Dangote’s Dangote Sugar swung to a $55.9 million nine-month profit after a N485.9 billion rights issue cut its borrowings by nearly 90%.
Nigerian billionaire Femi Otedola pledges $2.1 million more for Augustine University engineering faculty
Nigerian billionaire Femi Otedola has pledged another ₦2.85 billion to complete a new engineering building at Augustine University, where he is chancellor.
Nigerian billionaire Abdul Samad Rabiu's BUA Foods posts $330 million nine-month profit
BUA Foods, controlled by Nigerian billionaire Abdul Samad Rabiu, raised nine-month profit 11% to ₦450.5 billion as lower costs lifted its margins.
Nigerian billionaire Wale Babalakin readies Lagos airport terminal for flights across Africa
Nigerian lawyer and businessman Wale Babalakin inspected new regional arrivals facilities at the Lagos terminal his company runs, days after settling a 20-year dispute.
Presco, controlled by Nigerian billionaire Rasheed Sarumi, posts $111 million nine-month profit
Presco, the Nigerian palm oil producer chaired by Rasheed Sarumi, raised nine-month pre-tax profit 8.5% to ₦151.5 billion and paid down half its debt.
Nigerian billionaire Aliko Dangote's refinery takes Nigeria's oil as US buys 58% less
US purchases of Nigerian crude fell by more than half this year as Aliko Dangote's 700,000-barrel-a-day refinery near Lagos kept more oil home.
Nigerian billionaire Aliko Dangote's fortune hits $55.4 billion on cement stock rally
Aliko Dangote's net worth climbed to $55.4 billion after Dangote Cement rose to a record and overtook Airtel Africa as Nigeria's most valuable listed company.
Nigerian billionaire Abdul Samad Rabiu's BUA Cement posts $339 million nine-month profit
BUA Cement, controlled by Nigerian billionaire Abdul Samad Rabiu, lifted nine-month profit 60% to ₦463.1 billion as revenue topped ₦1 trillion.
Nigerian billionaire Aliko Dangote in talks to supply fuel to Botswana
Botswana has held talks with Nigerian billionaire Aliko Dangote on fuel from his refinery, as the landlocked nation seeks new sources after a price shock.
Nigerian billionaire Aliko Dangote's cement company posts $714 million nine-month profit
Nigerian billionaire Aliko Dangote’s Dangote Cement lifted nine-month profit 31% to $734 million as finance costs fell 58% and its shares extended their rally.