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Moove, co-founded by British-born Nigerian entrepreneurs Delano and Jide Odunsi in 2020, aims to democratize access to vehicle ownership.
Rabiu’s net worth is estimated at $5.1 billion, falling short of the $5.16-billion cutoff required to join the world’s 500 richest list.
Otudeko, the largest shareholder of FBN Holdings, owes Ecobank more than $17 million.
Access Bank Kenya is the Kenyan banking unit of Access Holdings, a financial services conglomerate.
With a 63.34-percent stake in Flour Mills, Coumantaros is one of Nigeria’s most successful and respected business leaders.
Otudeko is the founder and chairman of Honeywell Group, a Nigerian conglomerate with holdings in property, energy and engineering services.
Nigerian multimillionaire Ken Etete, 48, serves as the chairman and CEO of Century Group, which is the first domestic energy infrastructure provider.
Dangote Cement, with a production capacity of 51.55 mtpa spread across ten countries, aims to enhance shareholder value through the buyback program.
The transaction took place on the local bourse on Thurs., July 6, stirring speculation about Otudeko’s potential plans and intentions.
Wigwe, the group managing director and CEO of Access Holdings, Nigeria’s largest lender in terms of assets, holds a 9.09-percent stake in the lender.
Haidar is the founder of multinational fintech company Optasia that provides mobile financial services.
Founded by Nigerian philanthropist Nuhu Kwajafa and backed by Igho Sanomi , GIPLC funds charity projects that uplift vulnerable children in Nigeria.
Cameroonian tycoon Samuel Foyou, who is one of the country’s richest men, established Brasaf in 2014 and also owns Fermencam, a distillery.
While South African billionaires enjoyed substantial gains from their well-diversified portfolios, their Nigerian counterparts bore the brunt of devaluations.
Ekeh emphasized that the investment aims to expand access to competitive and climate-friendly electricity supplies in Nigeria.
Peters made headlines in 2019 when he embarked on a platinum mining venture in Zimbabwe.