Aliko Dangote's refinery takes control of Nigeria's $10.3B fuel market as government suspends petrol imports
Nigeria suspended petrol import licences for a second straight month, handing Dangote Refinery control of 92% of the country's fuel supply
West & Central Africa
Nigerian businessman Kestin Pondi hands out $570,000 in business grants to 80 entrepreneurs
Tantita Security Services MD Kestin Pondi handed N800 million in business grants to 80 Nigerian entrepreneurs in Delta State on Monday.
Ghanaian tycoon Ibrahim Mahama may take over McDan Aviation's private jet terminal at Kotoka International Airport
Government sources say McDan Aviation's private jet terminal at Kotoka International Airport could be reassigned to Ibrahim Mahama.
The Lundin family's $12.9 million bet on an Ivory Coast gold mine is now worth $739 million
The Lundin family invested $12.9 million in Montage Gold in 2024. Two years later, their stake is worth nearly $739 million.
Anthony Joshua relocates to Dubai as his £150 million business empire files formal change of residence
Anthony Joshua has formally relocated to Dubai, filing a change of residence across his £150 million business empire despite ongoing Iranian drone strikes on the UAE.
Israeli billionaire Dan Gertler pays $30 million to settle Congo bribery probe
Dan Gertler's former holding company has paid $30 million to settle a Dutch bribery probe over Congo mining deals dating back to 2010.
Dangote Refinery to prioritize Nigeria as oil hits $100
Dangote Refinery says Nigeria will come first on fuel supply, but warned that prices could keep rising as the Middle East war rattles global energy markets.
Aliko Dangote's refinery shields Nigeria from global oil shock but Nigerians still feel the pinch
Aliko Dangote's 650,000-barrel refinery absorbed over half of a global crude price surge, shielding Nigeria from the full force of the oil shock.
Nigerian President Tinubu just sent Jimoh Ibrahim to the United Nations, a man who ran every business he touched into the ground
Tinubu has made Jimoh Ibrahim Nigeria's man at the United Nations. His business record tells a different story about who he is.
Aliko Dangote pledges $5 million at Dubai hunger auction that raised $24.9 million in one night
Africa's richest man pledged $5 million at a Dubai charity auction raising Dh91.4 million to rescue five million children from hunger.
Meet Phillip Ihenacho, the Nigerian businessman who built "Africa's most beautiful house"
Nigerian businessman Phillip Ihenacho spent a decade building Arijiju on Kenya's Borana Conservancy. Conde Nast called it the most beautiful house in Africa.
Tycoon Emeka Offor donates 181,000 medical books to Nigerian universities
Sir Emeka Offor's foundation has shipped 10 containers of medical and nursing books from the United States to Nigerian tertiary medical institutions nationwide.
Yale taps Ghana's Togbe Afede XIV to chair its global advisory council
Yale School of Management has appointed Ghanaian billionaire and paramount chief Togbe Afede XIV as chair of its Council of Global Advisors effective Feb. 16, 2026.
Dangote Cement sells 10% of Senegal unit to government
Dangote Cement has sold 10% of its Senegal subsidiary to the government in Dakar as revenues at the plant fell 21% in 2025.
Billionaire TY Danjuma's SAPETRO donates N1 billion to Lagos security fund
TY Danjuma's oil company SAPETRO has donated N1 billion to the Lagos State Security Trust Fund, one of the largest single private-sector contributions in recent years.
Ghanaian tycoon Ibrahim Mahama turns his old jet into free air ambulance
Ibrahim Mahama has donated his former private jet to Ghana as a free emergency air ambulance after taking delivery of a new $70 million aircraft.