Aliko Dangote, Africa’s richest man, has an ambitious vision for the continent’s most populous nation, but hurdles stand in his way.
The recent bull run on the NGX has boosted liquidity and earnings, and policy changes, including currency and subsidy reforms, ...
Nigeria’s stock market rally is rapidly lifting the fortunes of the country’s richest industrialists, with Aliko Dangote and ...
Abdul Samad Rabiu has rejoined the Bloomberg Billionaires Index after a $5 billion net worth surge driven by strong performances of BUA Cement and BUA Foods.
The world, Africa included, may have been hit hard by the Coronavirus pandemic but the rich have come through just fine. The top 20 billionaires on the continent are from seven different countries.
A Federal High Court ruling has handed twin sisters Ameena and Zara Indimi a $43.51m victory in a bitter dividend dispute, ...
A Federal High Court in Nigeria has ordered Oriental Energy Resources Limited, the oil company founded by billionaire businessman Muhammadu Indimi, to pay $43.51 million to his twin daughters ...
With a year to Nigeria’s election, President Bola Tinubu continues to make deep inroads into the strongholds of his potential challengers, deploying a strategy that blends elite defections with ...
The richest man in Nigeria (and Africa), Aliko Dangote, had already predicted, during an interactive session with journalists in July, 2015, that the Naira would depreciate greatly in value if the ...
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$11.3 billion and climbing: Nigeria’s Rabiu Abdulsamad rises again among Africa’s richest
According to Bloomberg's Billionaire Index, Nigerian businessman Rabiu Abdulsamad has surpassed Egyptian billionaire Naguib ...
A report by Oxfam shows the global billionaire population rose to a record 3,000 in 2025 The organisation estimates billionaires now control more than $3.5 trillion in wealth The report links rising ...
Prominent businessman and industrialist, Cosmas Maduka, has responded to comments made by nightlife entrepreneur Cubana Chief Priest, comparing him with other billionaires. In a viral video, Maduka ...
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