Nigerian businessman Bassim Haidar snaps up One Hyde Park flat for £42 million
Reform UK backer Bassim Haidar buys cut-price One Hyde Park flat tied to bankrupt Hong Kong tycoon, betting on a long-term rebound in prime London.
Nigerian businessman
Nigerian businessman Ernest Azudialu freed from $1 billion asset freeze
Court clears Nestoil funds, ending $1 billion asset freeze for Nigerian businessman Ernest Azudialu-Obiejesi.
Nigerian businessman Temitope Lawani's Helios weighs full Axxela exit
Helios is preparing to sell its remaining stake in Axxela, marking a major shift in Temitope Lawani’s investment focus.
Nigerian businessman Ladi Jadesimi gains $29 million from Aradel stake
Ladi Jadesimi’s stake in Aradel Holdings rises by $29 million as shares surge nearly 31% on the Nigerian Exchange over 10 months.
Nigerian tycoon Solomon Onafowokan opens Africa’s largest fibre-optic cable plant
Coleman Technical Industries chairman Asiwaju Solomon Onafowokan has launched a massive fibre-optic cable factory in Sagamu, boosting Nigeria’s digital-economy capacity and reducing dependence on imported network infrastructure.
6 businesses owned by Nigerian multimillionaire Kashim Shettima Bukar
From banking to aviation and oil logistics, Nigerian businessman Kashim Shettima Bukar has built the Barbedos Group into a multi-sector empire.
Nigerian magnate Aderemi Makanjuola’s Caverton Offshore trims losses to $3.13 million, turns cash positive
After a sharp drop in revenue, Caverton Offshore Support Group Plc delivered a markedly reduced loss in its Q3 2025 interim results, under the leadership of founder-chairman Aderemi Makanjuola.
Seplat co-founder ABC Orjiako faces $220 million judgment in BVI court
A British Virgin Islands judge granted Access Bank a US$220 million summary judgment against Seplat co-founder ABC Orjiako, piercing offshore structures tied to historic oil-sector debts.
Nigerian businessman Tony Elumelu’s Transcorp grows profit 20% to $62 million in nine months
Transcorp, chaired by Nigerian businessman Tony Elumelu, reports a 20% profit rise to $62 million, boosted by power and hospitality growth.
10 businesses the late Nigerian businessman Oskar Ibru owned
His passing, nine years after his father’s, marks the close of another chapter in one of the country’s most notable business families.
Shoprite Nigeria’s big-store model no longer sustainable under Tayo Amusan’s Ketron
Shoprite Nigeria, under Ketron, is revamping operations, focusing on smaller stores and local supply chains to better serve Nigeria’s market.
Nigerian businessman Samuel Maduka Onyishi’s C&I Leasing wins approval for $20 million raise
C&I Leasing, chaired by Nigerian entrepreneur Samuel Maduka, won approval to raise $20 million in debt and equity to expand and refinance debt.
Nigerian businessman Tony Elumelu’s Transcorp reports $183 million in half-year revenue
Transcorp posts $183 million H1 2025 revenue, with assets rising to $592 million across power, hospitality, and energy sectors.
Nigerian businessman Oba Otudeko cleared in $8 million fraud case
Nigeria’s EFCC drops $8M fraud case against Oba Otudeko after court-approved settlement; Honeywell Group reaffirms his integrity and leadership.
Nigerian businessman Adedeji Adeleke confirms completion of $2 billion power plant
Adedeji Adeleke’s $2 billion gas plant is ready in Ondo, awaiting grid link to begin powering over 2,000 jobs in Nigeria.
Nigerian businessman Oba Otudeko exits First HoldCo in multimillion-dollar deal
Oba Otudeko exits First Holdco in a $211 million deal, clearing the path for Femi Otedola to tighten control of Nigeria’s oldest banking group.