Aliko Dangote’s cement company reaches all-time highs, profits exceed $800 million in 2022
Dangote recommended a dividend of $0.0434 per share.
Nigerian businessman
Nigerian energy tycoon Michael J. Prest wins legal victory in Caribbean island of Nevis
Prest is the founder of BONI, an international bank offering private and wealth management services.
Nigerian banking tycoon Jim Ovia rakes in $14.87 million in just 54 days from Zenith Bank stake
Ovia owns a sizable 16.2-percent stake in Zenith Bank.
Tony Elumelu urges African entrepreneurs to invest in businesses to spur growth and employment
Elumelu is the founder of the Tony Elumelu Foundation and chairman of the United Bank for Africa.
Africa’s richest man Aliko Dangote’s wealth grows by $541 million despite Nigeria’s cash woes
Dangote’s net worth now stands at $19.2 billion.
Nigerian energy mogul Abdulwasiu Sowami’s Ardova to delist from NGX
Sowami owns 74.1 percent of the oil marketing firm’s issued shares.
Nigerian billionaire Femi Otedola’s Geregu Power gains $380 million in 37 days
The majority of the power-generating company is controlled by Otedola.
Herbert Wigwe’s Access Holdings’ quest for growth continues despite Sidian Bank deal collapse
Herbert Wigwe owns a 4.51-percent stake in Access Holdings.
Nigerian banker Herbert Wigwe says 370 million Africans have no access to financial services
Wigwe owns a 4.51-percent stake in Access Holdings.
Aliko Dangote’s stepbrother Sayyu Dantata launches $450-million lubricant plant in Lagos
Dantata is the founder and chairman of MRS Holdings Company Limited.
Jim Ovia gains $61.3 million in 110 days as Zenith Bank shares rise 29 percent on NGX
Ovia owns a 16.2-percent stake in Zenith Bank.
Aliko Dangote’s group launches recruitment exercise for upcoming refinery – learn how to apply
To support the well-being of its prospective candidates, Dangote Group has established temporary housing for 20,000 employees.
Herbert Wigwe’s Access Holdings targets 100 million customers in ambitious expansion plan
The group also plans to expand its presence in Europe by opening a new unit in France.
Nigerian businessman Tony Elumelu reaps $2.36 million in gains from UBA share-price increase
Elumelu owns a significant 6.9-percent stake in UBA.
Nigerian multimillionaire banker Herbert Wigwe sees stake in Access slump by $5.7 million
Herbert Wigwe owns a 4.51-percent stake in Access Holdings.
Nigerian businessman Tony Elumelu invites African entrepreneurs to apply for $5,000 in seed capital
He emphasized the importance of not only personal success but also giving back to the community.