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Why Otedola invested in Dangote Cement after visit to refinery

One of Nigeria’s wealthiest persons, Femi Otedola, has reportedly bought shares in Dangote CementThe Nigerian investor reportedly acquired an undisclosed number of shares from...
Business

The list of Nigerian billionaires behind the $2 billion shell acquisition in Nigeria

Business tycoons championed the recently announced deal of Shell's $2 billion asset sale in the oil and gas industryNotable among the consortium members include...
Business

US firm that propelled 70 year-old Nigerian into a billionaire meets with CBN

BlackRock Inc, regarded as the world's largest asset manager, has visited Nigeria and is discussing with the CBNThe visit comes after the company recently...
Business

Revealed! New date emerges for another refinery to begin operations in Nigeria

The commissioner for information in Abia State has given the date for the completion of the Abia Industrial Innovation Park modular refineryThe project will...
Business

See the Nigerian who became one of Africa's billionaires after selling his company

A Nigerian banker and entrepreneur, Adebayo Ogunlesi, has emerged as Africa's latest billionairesThe development comes after Ogulesi sold his company, Global Infrastructure Partner, to...
Business

See Dangote's new position in global billionaire ranking as he earns over N217bn in hours

Aliko Dangote has jumped 56 places in the billionaire ranking and he is now getting closer to break into top 100Latest data shows the...
Business

NNPC delay in crude oil supply forces Dangote to explore alternative sources outside Nigeria

Dangote Petroleum Refinery has received its sixth batch of one million barrels of crude from the NNPCThe refinery also expects another four million barrels...
Business

Revealed! Lagos issues strong warning to Nigerians over unauthorised real estate company

The Lagos State Ministry of Housing has warned prospective buyers to desist from buying houses from House Height LimitedIt clarified that it is not...
Business

See list of 10 richest men in the world for 2024 as Indian billionaire drops out

The list of the world's wealthiest people for the beginning of 2024 has been unveiled, and Elon Musk is backData shows Musk, who ceded...
Business

See the list of top 10 billionaires at the start of 2024, Dangote, others shine

Nigeria's wealthiest man, Aliko Dangote, began the year as the second-richest man in AfricaHe was dethroned again by South African billionaire Johann Rupert, who...
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