Nigerian oilman Wale Tinubu predicts electric vehicles could make up half of country’s fleet within 20 years
Oando chief Wale Tinubu predicts electric vehicles could reach half of Nigeria’s fleet within 20 years as costs drop.
Nigerian billionaires
Five years on, Elumelu's Heirs Energies reshapes Nigeria’s OML 17 with production gains and discipline
Five years after assuming control of OML 17, Heirs Energies points to production growth, safety milestones and financial discipline as proof of its operating model.
Abdul Samad Rabiu set to become third Nigerian to hit $10 billion after Adenuga, Dangote
Abdul Samad Rabiu nears $10 billion, set to become the third Nigerian to hit the milestone, after Adenuga and Dangote in 2016.
TotalEnergies and ABC Orjiako’s Zebbra reach understanding on Nigeria’s OPL 248 as Chevron seeks 40% stake
TotalEnergies and ABC Orjiako’s Zebbra say they reached an understanding over Nigeria’s OPL 248 as Chevron pursues a 40% offshore stake.
Olugbenga Agboola's Flutterwave acquires open banking startup Mono for over $25 million
Flutterwave CEO Olugbenga Agboola says buying Mono ties payments and open banking together, aiming to unlock faster lending and safer account transfers.
The late Nigerian billionaire Nuel Ojei built an empire from Mazda to EMO, then kept it out of the spotlight
From Mazda showrooms to EMO oil ventures, Nuel Ojei built a discreet conglomerate that touched Nigeria’s roads, ports and crude trade.
Custodian Investment chief Wole Oshin buys $2.3 million in shares in December trades
Custodian Investment chief Wole Oshin bought 87 million shares worth about N3.39 billion in December trades disclosed to the NGX.
Nigerian real estate tycoon Umar Abdullahi gifts employees $2.7 million in Cosgrove properties
At Cosgrove’s Abuja retreat, Umar Abdullahi approved ₦4 billion ($2.7 million) in properties for staff, linking rewards to faster delivery and growth in 2026.
8 Nigerian multimillionaires who made a fortune in mining
After years of chaos and foreign plunder, Nigeria’s mines are stirring. Legit operators are turning gold, lithium and iron into fortunes as a long-overdue cleanup begins.
Nigerian power billionaires set for windfall as government moves to clear $2.7 billion electricity debt
A long-stalled $2.7 billion debt cleanup could unlock cash and capacity for Nigeria’s billionaire-owned power plants.
Nigeria’s aviation authority warns private jet owners, including billionaires, on unauthorized usage
To ensure compliance, the NCAA will deploy officials to General Aviation Terminals (GAT) and private airport wings to monitor PNCF holders’ activities closely.
Nigerian president appoints billionaire business leaders to Economic Advisory Committee
In the face of economic challenges, Nigerian billionaire Aliko Dangote emphasizes the need for swift and decisive action from both the public and private sectors.
Nigerian fertilizer tycoon Thomas Etuh donates hospital to Gombe State
Etuh is the owner of TAK Group which owns operates fertilizer blending plants across the country among other interests.
Africa’s richest list reshuffled amid devaluations: Nigerian billionaires suffer, South African billionaires thrive
While South African billionaires enjoyed substantial gains from their well-diversified portfolios, their Nigerian counterparts bore the brunt of devaluations.
Nigerian billionaire Femi Otedola opens up on Transcorp saga, Elumelu relationship
Nigerian billionaire Femi Otedola has opened up on the Trasncorp saga and his relationship with Tony Elumelu.