Zenith Bank CEO Adaora Umeoji delivers $130,000 to Nigeria’s D’Tigress
Zenith Bank honors Nigeria’s women’s basketball champions with $130,000 after their 2025 AfroBasket victory.
West & Central Africa
GTCO’s CEO Segun Agbaje’s stake is now worth $2.5 million
Segun Agbaje’s stake in GTCO has surged to $2.5 million as shares rally, cementing his standing among Nigeria’s affluent bankers.
Burna Boy, Davido, Wizkid drive Nigerian entertainment industry toward $13.6 billion
Nigeria’s entertainment industry is projected to hit $13.6 billion by 2028, led by Burna Boy, Davido and Wizkid.
Allen Onyema’s Air Peace launches Nigeria’s first direct route to Brazil
Air Peace begins direct Nigeria–Brazil service, boosting trade, tourism, and cultural ties, while cutting travel time by nearly a day.
Nigerian entrepreneur Olakunle Williams expands Tetracore Energy gas facility in Ogun State
Tetracore expands CNG capacity to 6.2 million cubic feet per day, powering industries and supporting Nigeria’s cleaner energy goals.
Nigerian banker Segun Agbaje-led GTCO boosts GTBank's paid up capital to $328 million
GTCO injects $238.5 million into GTBank, boosting paid-up capital to $328.5 million as lender meets new CBN rules and strengthens growth drive.
Nigerian gambling magnate Kessington Adebutu's Wema Bank stake nears $90 million
Kessington Adebutu’s Wema Bank stake nears $90 million as digital banking fuels strong investor gains in 2025.
Nigerian aviation mogul Allen Onyema's Air Peace to build maintenance hub in Lagos
Air Peace, led by Allen Onyema, will build a Lagos MRO hub to boost local aviation and cut overseas maintenance costs.
Africa's richest man, Aliko Dangote, gets $2.5 billion deal in Ethiopia
Aliko Dangote signs $2.5 billion fertilizer deal with Ethiopia to cut costly imports, boost food security and expand Africa’s farm output.
Ghanaian real estate developer Eric Ebo Acquah wins $1 million in loan case
Blue Rose founder Eric Ebo Acquah wins $1 million after court finds Shelter Afrique breached $5.2 million housing loan.
Nigerian billionaire Abdul Samad Rabiu sees $400 million decline in net worth
Abdul Samad Rabiu’s net worth drops $400 million following a decline in BUA Cement shares.
Nigerian banker Jim Ovia’s Zenith Bank stake drops $21 million in 3 weeks
Jim Ovia loses nearly $21 million as Zenith Bank shares slide over 22 days, pulling market value under $2 billion.
Nigerian tycoon Muazzam Mairawani plans $600 million cement plant to rival Dangote, Rabiu
Nigerian tycoon Muazzam Mairawani plans a $600 million cement plant in Kebbi, challenging Dangote Cement and BUA.
Nigerian energy executive Adegbite Falade leads Aradel in new domestic supply deal with NLNG
Nigerian energy executive Adegbite Falade leads Aradel in a new domestic gas supply deal with NLNG, boosting local energy production.
Royal Bank of Canada raises stake in Bertina Engelbrecht-led Clicks Group to $257 million
Royal Bank of Canada boosts its stake in Clicks Group to $257 million, signaling confidence in South Africa’s healthcare retail sector.