Nigerian billionaire Aliko Dangote's refinery stake could be worth $55 billion
Renaissance Capital now values Africa's biggest refinery at ₦700.41 a share, which would make Aliko Dangote's stake worth about $55 billion.
West & Africa
Billionaire Baba Danpullo takes 10% stake in AGL Cameroon
Billionaire Baba Danpullo has taken a 10% stake in AGL Cameroon through CCML, gaining a significant interest in the MSC-controlled logistics business.
Nigerian billionaire Michael Ade-Ojo sold his first Toyota in 1965 to build an empire that includes car factories and universities
Michael Ade-Ojo started selling cars in Nigeria in 1965. Six decades later, his Elizade Group controls Toyota Nigeria, a $50 million assembly plant and a university.
Court sets May 25 to rule on Tunde Ayeni bail application in $11.3 million fraud case
An Abuja court fixed May 25 to rule on Tunde Ayeni's bail application, with the EFCC opposing his release and five SANs arguing for constitutional presumption of innocence.