Omokolade Ajayi

776 Articles
Lithium
Hot NewsBusiness

Zimbabwe eyes lithium battery manufacturing as processing push gains ground

Zimbabwe targets domestic lithium battery production to maximize critical mineral revenues, boost industrial jobs, and attract global investment.

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Nigerian billionaire Tony Elumelu
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Transcorp, led by Nigerian billionaire Tony Elumelu, grows assets to $797 million

Transcorp's assets rose to $797 million as retained earnings neared $144 million, strengthening its balance sheet in the first half of 2026.

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Nigerian billionaire Femi Otedola
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Femi Otedola buys $57 million more First HoldCo shares, stake nears $900 million

Nigerian billionaire Femi Otedola has acquired 706 million additional First HoldCo shares, lifting his stake to 21.95 percent in the lender.

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Hot NewsBusiness

FlySafair says air-traffic constraints limit operations a week after Harith wins approval for takeover

approval for takeover Persistent air-traffic congestion forces FlySafair to adjust schedules shortly after Harith General Partners gets approval to acquire the airline.

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OPay
TechnologyBusinessHot News

OPay eyes one billion users as technology push drives faster payments

OPay targets one billion users after boosting payment speeds, fraud protection, and system reliability worldwide.

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Solar panels managed by Sila Atlantik.
BusinessHot News

Morocco, Germany $30 billion subsea cable project snagged by governance row

Governance disputes and design demands have stalled a $30 billion subsea power cable project set to supply Germany with Moroccan renewable energy.

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Malawian businessman Simbi Phiri
Hot NewsBillionairesBusiness

Meet Simbi Phiri: Malawian tycoon whose firm built a $100 million water plant outside Gaborone

Meet Simbi Phiri, whose firm built Botswana's $100 million Mmamashia Water Treatment Plant and a billion-dollar infrastructure business.

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Femi Otedola, Nigerian billionaire and chairman of First HoldCo, the parent company of First Bank of Nigeria.
Hot NewsBusiness

Femi Otedola-led First HoldCo posts $473 million half-year pre-tax profit

Femi Otedola-led First HoldCo posted $473.8 million in half-year pre-tax profit as stronger fee income and lower credit losses lifted earnings.

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Tanzania’s first dollar billionaire, Rostam Aziz
BusinessHot News

Mombasa gas terminal, owned by Tanzania’s first dollar billionaire Rostam Aziz, nears completion

Rostam Aziz’s Ksh16 billion ($124 million) Mombasa LPG terminal nears completion, set to reshape Kenya’s gas market.

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Air Zimbabwe
Hot NewsBusiness

Air Zimbabwe restores direct London flights after 14 years

Air Zimbabwe restarts direct Harare to London Gatwick flights after 14 years using a leased Airbus A330-300 to revive direct UK connections.

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World's richest person Elon Musk.
BillionairesBusinessHot News

Elon Musk loses $528 billion in five weeks as SpaceX shares plunge after IPO

Elon Musk’s fortune fell by $528 billion in five weeks as SpaceX shares tumbled nearly 47 percent following its historic stock market listing.

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Isyaku Abdulsamad “Khalifa” Rabiu.
Hot NewsBillionairesBusiness

Abdul Samad Rabiu’s son, Khalifa, pockets $9.6 million dividend from BUA Foods

Khalifa Rabiu pockets a $9.6 million dividend as BUA Foods doubles its profit, driven by strong food sales and tight cost controls.

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