Business
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...
Global Risks Report 2024: Short- and Long- Term Threats to Expect
This week, the World Economic Forum published a 2024 Global Risks Report ahead of its 54th annual meeting in Davos, Switzerland. The report...
AI-Driven Disinformation, the Most Immediate Threat to Global Economy- WEF
In its latest Global Risks Report, the World Economic Forum highlights a significant and immediate risk to the global economy: AI-driven disinformation. AI...
Transmission Company of Nigeria’s CEO Accused of Procurement Violations Worth Billions
The Managing Director and CEO of the Transmission Company of Nigeria (TCN), Engr. Sule Ahmed Abdulaziz allegedly violated the Public Procurement Act of...
After WAW’s Story, CBN Begins Investigation Into Unity Bank Fraud
The Central Bank of Nigeria’s Banking Supervision Department Director, Mr Adekunle Adeniji, on 21st December, issued a response in acknowledgement of the Asset...
Mike Adenuga Reclaims Position as Nigeria’s Second-Richest Man
Nigeria’s telecom billionaire and oil magnate, Mike Adenuga, has reclaimed the position of the country’s second-richest individual, boasting a net worth valuation of...
CBN Sacks Board and Appoints New Executives for Union Bank, Keystone, and Polaris
The Central Bank of Nigeria (CBN) has appointed new executives to direct the affairs of Union Bank, Keystone Bank, and Polaris Bank after...
Robert Kiyosaki: Navigating $1.2 Billion Debt with Unique Financial Philosophy
“I use debt as money and I don’t save cash because in 1971 the dollar became debt,” the “Rich Dad, Poor Dad” author...
World Bank Releases 2024 Report on Global Economic Prospects
As the year 2024 begins, the World Bank, in its first batch of 2024 Global Economic Prospects Reports, released an in-depth report analyzing...