Otedola hails Tinubu, Cardoso’s reforms as FirstHoldCo regains profitability
At the 13th Annual General Meeting of FirstHoldCo, Otedola pulled back the curtain on the scale of his vision.
West & Central Africa
Aliko Dangote's refinery set to start polypropylene exports
The move marks a major milestone for Nigerian industrial exports as the country shifts from import dependence to value-added manufacturing.
Hisham Talaat Moustafa's TMG eyes $4.7 billion sales from mixed-use development in Oman
TMG enters Oman with two smart city projects, targeting $4.7 billion in sales as it scales its proven Egypt-Saudi urban model across the Gulf.
Ghana gives Elon Musk’s Starlink one-month deadline to comply with regulations
The move aligns with Ghana’s broader push to tighten oversight of big tech and ensure equitable participation in its growing digital economy.
Aliko Dangote's refinery receives 146,000 tonnes of global oil supply
The latest delivery, discharged by the vessel Hercules, comes ahead of another 125,000-tonne shipment expected via the Sienna.
Tope Shonubi’s Sahara and NNPC agree to improve energy access across Nigeria
The agreement was reached during a recent meeting between Sahara Group’s leadership team and NNPC’s Group CEO.
Jim Ovia makes over $4.6 million from Zenith Bank stake
Zenith Bank shares climb, lifting market cap above $1 billion, as investor sentiment strengthens.
Samuel Dossou-Aworet-backed Tullow agrees to sell Gabon unit for $300 million
Tullow Oil Gabon holds all of Tullow’s non-operated working interests in Gabon, and the buyer is Gabon Oil Company.
Lebanese-Nigerian tycoon Hassan Hammoud plans $50 million investment in Ogun
This development marks a significant milestone in Nigeria’s push to expand its manufacturing capabilities and create jobs.
Oando, led by Wale Tinubu, wraps up pipeline repairs after spills
To prevent further incidents, Oando has initiated the sectional replacement of aging pipelines.
Nigeria’s 7 richest royal families
Their businesses not only fuel the economy but also create jobs, foster community development, and drive inclusive growth.
Nigerian gambling magnate Kessington Adebutu’s Wema Bank stake tops $50 million
Adebutu, who founded Premier Lotto, owns a 28.26 percent stake in Wema Bank through Neemtree Limited, amounting to 6,057,090,218 shares.
Mike Adenuga exports new Nigerian crude grade to international market
The Obodo blend is a medium sweet crude extracted from the onshore OML 150 block, operated by Continental Oil & Gas Limited, one of Conoil Producing’s units.
Adegbite Falade-led Aradel commits $20 million to Chappal Energies acquisition
The move is part of a broader plan to diversify its operations and build a stronger presence in Nigeria’s energy sector.
IHS stake of U.S.-Nigerian telecom executive Sam Darwish tops $60 million
This is linked to an increase in IHS Holding’s share price on the New York Stock Exchange (NYSE), driven by renewed investor confidence.
GEIL completes $400 million onshore project under Anthony Adegbulugbe
Anthony Adegbulugbe’s GEIL completes the $400 million Otakikpo terminal, Nigeria’s first indigenous onshore crude export hub in over 50 years.