Business
Forbes Reveals Africa’s 2024 Billionaires List, Dangote Remains Africa’s Richest
Aliko Dangote has retained his spot as Africa’s richest person with a net worth of $13.9 billion according to the 2024 Forbes list....
Nigeria’s Booming Stock Market: Investor Boon Or Fool’s Gold?
In the eight months since President Bola Tinubu assumed office, Nigeria’s stock market has witnessed remarkable growth. In January 2024, it emerged the...
Femi Otedola Invests N6 Billion in Dangote Cement, Stock Surges
Billionaire investor Femi Otedola has made significant moves in the stock market by acquiring shares worth N6 billion in Dangote Cement, a leading...
Nigerian Government Approves N5.1bn for TETFund Grant
The Nigerian Federal Government has approved the disbursement of N5.1 billion for the 2023 Tertiary Education Trust Fund (TETFund) National Research Fund Grant...
Sweden Scraps United Nation’s Agenda 2030
Beyond its beautiful landscapes and rich history, Sweden is popular for its progressive stance. The country recently abandoned renewable energy plans in favour...
Apple Overtakes Samsung to Become World’s Top Smartphone Seller
In a surprising turn of events, Apple has dethroned Samsung as the world’s leading smartphone seller, ending the Korean tech giant’s 12-year reign....
Access Corporation Ventures into Standalone Digital Lending with Oxygen X
Access Corporation, the parent company of Nigeria’s leading bank, is set to launch Oxygen X, a dedicated consumer lending subsidiary aimed at providing...
Shell agrees to sell NGN onshore subsidiary, SPDC for US$1.3bln
The British multinational and second largest investor-owned oil and gas company, Shell Plc, has reached an agreement to sell its Nigerian onshore subsidiary—The...
South Africa’s Pioneer, Patrice Motsepe, Witnesses $400 Million Surge in Wealth
South African entrepreneur Patrice Motsepe, Africa’s first black billionaire, has experienced a notable financial boost with a $400 million increase in wealth over...
Nigerian Business Luminary Adebayo Ogunlesi’s GIP Snagged by BlackRock in $12.5B Deal
In 2016, Adebayo Ogunlesi gained international recognition when then U.S. President-elect Donald Trump appointed him to the “President’s Strategic and Policy Forum.” Fast...
Tinubu Approves Revival of Ajaokuta’s Light Steel Mill
President Bola Tinubu, in a meeting held at the State House in Abuja, has officially approved the relaunch of the Light Steel Mill...
BlackRock to Buy GIP, Adebayo Ogunlesi’s Firm, at $12.5 Billion
Adebayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners (GIP), is set to join BlackRock’s board and global executive committee in exchange for...