Nigerian energy mogul Abdulwasiu Sowami’s Ardova to delist from NGX
Sowami owns 74.1 percent of the oil marketing firm’s issued shares.
West & Central Africa
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.
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.
Aliko Dangote’s cement company, Sinoma join forces to build groundbreaking cement plant
Aliko Dangote is the founder and chairman of Dangote Group, a leading conglomerate with interests in various sectors.
Pope Francis to foreign powers: ‘Stop choking Africa!’
The pope’s Africa tour has received significant media attention all around the globe.
Greek Mogul John Coumantaros’ Flour Mills reaches milestone with $2.41-billion revenue
Coumantaros holds a significant 63.34-percent stake in Flour Mills.
Dangote named leading figure of the year by Vanguard
Dangote, who is the richest man in Africa, was honored for his leadership and contributions to the development of the Nigerian economy.
Nigerian billionaire Aliko Dangote reigns as Africa’s richest man for 12 consecutive years
The slump can be linked to the performance of his stake in his flagship business, Dangote Cement.
Nigerian billionaire Mike Adenuga’s Conoil posts $13.5 million in profit in 2022
Conoil is a petroleum marketing firm.
Femi Otedola’s Geregu Power sets milestone with audited results as market cap hits $1 billion
Geregu Power is the first NGX-listed company to publish its audited financials in 2023.
Nigerian billionaire Abdul Samad Rabiu’s food conglomerate achieves milestone with $195-million profit
Rabiu and his son, Isyaku Naziru Rabiu, own 99.8 percent of BUA Foods.
Meet Cameroonian entrepreneur who raised $2.7 million in seed funding for his startup in 2022
Waspito is a Douala-based health social networking platform.
Nigerian billionaire heiress Bella Disu builds shopping mall in Lagos
Disu is the daughter of Nigerian billionaire Mike Adenuga.
U.S. billionaire Jeff Bezos’ cloud business AWS launches new Local Zones location in Lagos
AWS is a subsidiary of Amazon.com, Inc.
Nigerian billionaire Femi Otedola’s Geregu Power surpasses $800-million market cap on NGX
Geregu Power is a power-generating company.