Nigerian energy magnate Bryant Orjiako’s Seplat rakes in $950 million in revenue in 2022
Orjiako and Austin Avuru are both credited with turning Seplat Energy into the largest listed company on the Nigerian Exchange.
Nigerian Exchange
Meet Victor Odili: Nigerian shipping tycoon with $430 million stake in MTN Nigeria
Odili ranks as one of Nigeria’s richest businessmen.
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.
Afreximbank’s FEDA completes acquisition of 5 percent stake in Femi Otedola’s Geregu Power
Geregu Power is a power-generating company.
Femi Otedola’s siblings, Ayokunle and Rotimi, invest over $3.6 million in Geregu Power shares
Ayokunle and Rotimi Otedola are siblings of billionaire Femi Otedola.
Nigerian energy mogul Abdulwasiu Sowami’s Ardova to delist from NGX
Sowami owns 74.1 percent of the oil marketing firm’s issued shares.
A $100,000 investment in Femi Otedola’s Geregu Power four months ago is now worth $219,000
Geregu Power is a top-performing power-generating company.
Nigerian billionaire Femi Otedola’s Geregu Power surpasses $800-million market cap on NGX
Geregu Power is a power-generating company.
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.
Nigeria’s second-richest billionaire Abdul Samad Rabiu’s net worth surpasses $8.1 billion
Rabiu is Nigeria’s second-richest man and one of the African continent’s wealthiest businessmen.
Nigerian billionaire Abdul Samad Rabiu’s net worth surges to record high of $7.3 billion
The surge solidifies his position as Nigeria’s second-richest man.
Femi Otedola’s Geregu Power returns $170.1 million in gains 56 days after listing on NGX
Otedola owns 80 percent of Geregu Power.
Nigeria’s second-richest man Abdul Samad Rabiu sees net worth surpass $7 billion
Rabiu’s net worth increased from $5.6 billion to $7 billion in less than a month.
Nigerian banker Herbert Wigwe acquires additional stake worth $1.5 million in Access Holding
The deal has solidified his interest in the group.
Nigerian tycoon Tony Elumelu’s stake in UBA sheds $6.8 million, as shares plunge on NGX
Elumelu is on track to pocket another sizable dividend in 2023.
Nigerian billionaire Abdul Samad Rabiu gains nearly $1 billion in 27 days as BUA Cement shares rebound
Rabiu derives the majority of his fortune from his 92-percent stake in BUA Cement.