Nigerian tycoon Oba Otudeko reportedly linked to 4.7-billion-share cross deal in FBNH
The transaction took place on the local bourse on Thurs., July 6, stirring speculation about Otudeko’s potential plans and intentions.
West & Central Africa
One of Nigeria’s richest bankers, Herbert Wigwe, gains $14.5 million in 12 days
Wigwe, the group managing director and CEO of Access Holdings, Nigeria’s largest lender in terms of assets, holds a 9.09-percent stake in the lender.
Nigerian multimillionaire Bassim Haidar looks to exit Optasia to focus on cannabis
Haidar is the founder of multinational fintech company Optasia that provides mobile financial services.
Nigerian billionaire Igho Sanomi-backed charity to donate $160,000 to needy children
Founded by Nigerian philanthropist Nuhu Kwajafa and backed by Igho Sanomi , GIPLC funds charity projects that uplift vulnerable children in Nigeria.
Cameroonian billionaire Samuel Foyou’s brewery suspends staff over poor sales
Cameroonian tycoon Samuel Foyou, who is one of the country’s richest men, established Brasaf in 2014 and also owns Fermencam, a distillery.
Africa’s richest list reshuffled amid devaluations: Nigerian billionaires suffer, South African billionaires thrive
While South African billionaires enjoyed substantial gains from their well-diversified portfolios, their Nigerian counterparts bore the brunt of devaluations.
Nigerian tech tycoon Leo Stan Ekeh to invest $250 million in renewable energy across Africa
Ekeh emphasized that the investment aims to expand access to competitive and climate-friendly electricity supplies in Nigeria.
Nigerian billionaire Benedict Peters eyes lithium deposit in Zimbabwe
Peters made headlines in 2019 when he embarked on a platinum mining venture in Zimbabwe.
Nigerian gas tycoon Julius Rone seals deal with Afreximbank for FLNG project
Rone is the founder of UTM Offshore, a company that is building the country’s first FLNG facility.
Dangote ‘no longer’ richest investor on NGX, as Abdul Samad Rabiu leads in latest ranking
Dangote, who recently lost his long-held title as Africa’s richest man, now finds himself in the second position on the Nigerian Exchange.
Google executive Juliet Ehimuan, who led growth in West Africa, exits company
Ehimuan was appointed as Google’s country manager for Nigeria in 2011 and represented the company in partnership opportunities in West Africa.
The 25 richest people on the Nigerian Stock Exchange
Billionaires.Africa presents its ranking of the 25 richest investors on the Nigerian Stock Exchange in 2023.
The 10 richest people on the Ghana Stock Exchange in 2023
Billionaires.Africa presents its ranking of the 10 richest investors on the Ghana Stock Exchange in 2023.
Nigerian multi-award-winning artist Davido to rake in over $20 million in 2023
Having graced the cover of Forbes Under 30 Africa, Davido headlined the prestigious 30 Under 30 Africa Summit in Gaborone earlier this year.
Nigerian banker Herbert Wigwe bolsters stakes in Access Holdings with $1-million share purchase
Wigwe’s 9.09-percent stake in Access Holdings is valued at $67 million, cementing his status as one of Nigeria’s richest businessmen.
Ghana’s richest investor Daniel Ofori faces tough time as stake in Societe Generale slumps by $2.4 million
Ofori remains the richest investor on the Ghana Stock Exchange and one of the wealthiest businessmen in the country.