Nigerian billionaire Abdul Samad Rabiu's BUA Foods nears sugar complex completion
Nigerian billionaire Abdul Samad Rabiu’s BUA Foods nears completion of the country’s largest integrated sugar plant.
West & Central Africa
The richest woman on the Nigerian Stock Exchange, Awele Elumelu, becomes chairperson of Transcorp Hotels
Transcorp Hotels appointed Dr. Awele Vivien Elumelu as board chair from Jan. 1, 2026, replacing Emmanuel Nnorom, the company said.
Nigerian-Lebanese billionaire Gilbert Chagoury’s Eko Atlantic fuels surge in Lagos luxury property sales
Eko Atlantic, developed by Gilbert Chagoury’s group, leads Lagos luxury property sales with nearly 60 percent growth.
1,706 employees of Nigerian billionaire Abdul Samad Rabiu now $20.7 million richer
1,706 BUA Group employees receive $20.7 million in cash awards at the annual BUA Night of Excellence Long Service Awards held at Eko Hotel & Suites.
Dangote presses regulators, urges probe of NMDPRA chief over $5 million Swiss tuition
Aliko Dangote criticizes fuel imports, calls for transparency in Nigeria’s refinery sector and urges probe of NMDPRA chief over $5 million Swiss tuition.
Presco, led by Nigerian tycoon Rasheed Sarumi, adds 10,000 hectares
Presco, chaired by Rasheed Sarumi, expands its palm oil operations with a 10,000-hectare land acquisition in Cross River State.
Nigerian billionaire Abdul Samad Rabiu gives $20.7 million to long-serving employees
Abdul Samad Rabiu shares $20.7 million in cash rewards with long-serving BUA Group employees, reinforcing loyalty across the conglomerate.
Nigerian-Lebanese billionaire Gilbert Chagoury promotes ORCA’s mega-showroom as Lagos bets big on premium retail
Backed by ambassador Gilbert Chagoury, ORCA’s four-floor showroom opens in Eko Atlantic, bringing scale, jobs and confidence to Lagos’ premium retail market.
Cameroon moves to approve Elon Musk’s Starlink satellite internet
The update was included in the 2025 budget review presented to the National Assembly’s Budget and Finance Committee.
Africa’s richest man Aliko Dangote’s refinery takes second Ghana crude
Dangote refinery receives another Ghana crude shipment as repairs cut intake and boost reliance on regional supply.
Africa’s richest man Aliko Dangote plans US dollar payouts for Nigerian shareholders
Aliko Dangote plans US dollar payouts for Nigerian shareholders from his $20 billion refinery listing.
Nigerian banker Ladi Balogun leads FCMB to $570 million gross earnings in 9 months
FCMB posts $570 million in nine-month earnings under Ladi Balogun, driven by strong interest income and rising profit.
Saliou Mboup's Carrefour Medical gets $21 million to scale Senegal’s healthcare manufacturing
Carrefour Medical secured $21 million from IFC to boost local production of medical supplies in Senegal, strengthening manufacturing capacity and healthcare access.
Tope Lawani’s Helios sets $116 million deal for Frigoglass’ Nigeria operations
Tope Lawani’s Helios agrees to buy Frigoglass Nigeria for $116 million, covering Beta Glass and Frigoglass Industries.
Africa’s richest man, Aliko Dangote, rebounds to $30 billion fortune
Aliko Dangote rebounds to $30 billion, led by gains in Dangote Cement and major energy expansion projects.W
Africa’s richest man Aliko Dangote pledges $700 million for Nigerian education
Africa’s richest man, Aliko Dangote, launches a $700 million fund to expand education and skills training across Nigeria.