Omokolade Ajayi

776 Articles
Nigeria’s state-owned oil company, NNPC.
Hot NewsBusiness

Nigeria’s NNPC revenue drops 13% to $3.15 billion despite steady oil output

Nigeria's NNPC revenue fell to $3.15 billion in May as reservoir pressures and export limits squeezed earnings despite steady oil output.

Omokolade Ajayi Omokolade Ajayi
Sasini Tea Estate in Kenya, where tea, avocado, and macadamia crops are cultivated and harvested.
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Kenya eyes $8.3 billion agricultural plan to boost growth, slash food imports

Kenya launches a $8.3 billion agricultural plan, targeting private investors to fund a five-year overhaul to slash food imports and boost growth.

Omokolade Ajayi Omokolade Ajayi
Nigerian businessman and GTBank co-founder, Fola Adeola.
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GTBank’s co-founder Fola Adeola loses $130 million in Aradel sell-off

Fola Adeola loses $130 million in paper wealth as an NGX market correction hits Aradel Holdings shares.

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FirstRand chair Johan Burger
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FirstRand chair Johan Burger’s stake tops $30 million despite UK regulatory drag

Johan Burger's stake has climbed above $30 million, driven by rising South African banking stocks and a stronger rand.

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Stellantis NV
BusinessHot News

Stellantis weighs future of $183 million South Africa factory amid strategy shift

Stellantis will decide the fate of its $183 million South Africa factory as the automaker shifts strategy toward affordable cars.

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Africa’s richest man, Aliko Dangote.
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Africa’s richest man Aliko Dangote loses $743 million in 24 hours

Africa’s richest man Aliko Dangote suffers a $743 million setback as NGX sell-offs trim his fortune to $33.5 billion.

Omokolade Ajayi Omokolade Ajayi
Super Star supermarket brand under SPAR Group, showcasing retail presence and store operations.
Hot NewsBusiness

SPAR highlights retail’s role in tackling South Africa’s youth unemployment

SPAR Group shows how South African retail drives youth employment, skills development, and small business growth.

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World's richest person Elon Musk.
Hot NewsBillionairesBusiness

Elon Musk loses trillionaire status again after $66 billion wipeout in one day

Elon Musk drops below $1 trillion net worth as a single-day SpaceX stock selloff erases $66 billion from his fortune.

Omokolade Ajayi Omokolade Ajayi
Cameroon's richest man Baba Ahmadou Danpullo.
BillionairesBusinessHot News

Cameroon’s richest man Baba Ahmadou Danpullo takes on aviation with $871 million investment

Baba Ahmadou Danpullo plans a massive $871 million aviation venture to challenge state-owned airlines and build new airports in Cameroon.

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Jerry Soko
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MTN hands Jerry Soko Eswatini CEO role following $7.1 million Q1 revenue

MTN names Jerry Soko CEO of Eswatini, reinforcing an internal succession strategy as the unit reports $7.1 million in Q1 revenue.

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Zenith Bank
BusinessHot News

After Kenya deal and Côte d’Ivoire launch, Zenith Bank expands with new branch in southern Nigeria

Following moves in Kenya and Côte d'Ivoire, Zenith Bank expands in southern Nigeria as total assets reach $23.4 billion.

Omokolade Ajayi Omokolade Ajayi
Vodacom Centre
TechnologyBusinessHot News

South Africa’s Vodacom takes control of Kenya’s Safaricom with stake worth $2.1 billion

South Africa's Vodacom completes the acquisition of a majority stake in Safaricom following a key Kenyan court ruling.

Omokolade Ajayi Omokolade Ajayi