Wealthy Lawyer Asue Ighodalo acquires $200,000 in Nigerian Brewery shares
Ighodalo is the co-founder of one of Nigeria’s top three commercial law firms and serves as the chairman of Nigerian Breweries.
West & Central Africa
Burkinabe tycoon Idrissa Nassa’s Coris Bank acquires Societe Generale’s assets in Mauritania, Chad
The latest move places Nassa-led bank as a key player among the new generation of emerging lenders.
Nigerian billionaire TY Danjuma earns $500,000 dividend from pharma company
TY Danjuma holds a 43.28 percent stake in May & Baker Plc, the oldest pharmaceutical company on the Nigerian Stock Exchange.
Nigerian billionaire Mike Adenuga’s stake in Conoil soars by $59.7 million
Adenuga holds a majority 74.4-percent stake in the company, solidifying his position as a leading investor on the Nigerian Exchange.
Nigerian ‘tycoon’ Dozy Mmobuosi allegedly running fraudulent company — Hindenburg Research
Mmobuosi is interested in acquiring the English Football League (EFL) club Sheffield United for more than $110 million.
Nigerian billionaire Abdul Samad Rabiu raises $500 million to boost cement production
Rabiu’s company, BUA Cement, will develop two new, energy-efficient cement production lines at its plant in Sokoto State.
Nigerian venture capitalist Adeyemi Ajao named to Forbes Midas List
Ajao, founder and managing partner of Base10 Partners, is the first Black person to make the Forbes Midas List.
MTN Nigeria CFO Modupe Kadri boosts stake with additional 1,031,000 shares
Kadri assumed the role of CFO in March 2020 after an extensive tenure at MTN Nigeria, which began in 2007.
African billionaires and presidents gather in Abidjan for The Africa CEO Forum
The Africa CEO Forum aims to define an African response to global crises.
Nigerian billionaire Femi Otedola to pocket $2.17-million dividend from FBNH
Earlier this year, Otedola received an additional $33 million from his power-generating company, Geregu Power.
Nigeria’s richest banker Jim Ovia bolsters stake in Zenith Bank with 5 million new shares
Ovia continues to play a significant role in shaping Nigeria’s financial landscape.
Abdul Samad Rabiu’s net worth surpasses $8 billion with single-day gain of $501 million
With the latest surge of $501 million in his net worth, Rabiu’s year-to-date wealth gains have now reached $1.53 billion.
Africa’s richest man adds $769 million to fortune in 24 hours; net worth surpasses $21 billion
President Tinubu’s bold policies propel the Nigerian equities market, catapulting Africa’s richest man Aliko Dangote’s fortune.
Nigeria’s richest banker Jim Ovia rakes in $26 million in single day as NGX soars
This recent surge has further solidified Ovia’s position as one of the most affluent investors on the Nigerian Exchange.
Nigerian media mogul Raymond Dokpesi passes away at 71
Dokpesi made significant contributions to Nigeria’s media landscape, particularly with the establishment of RayPower FM.
Nigerian billionaire Femi Otedola pays tribute to legendary banker Subomi Balogun
Balogun, the doyen of investment banking in Nigeria, passed away in London last Friday at 89.