Omokolade Ajayi

983 Articles

Elon Musk eyes $40 billion loan after regaining trillionaire status

Elon Musk is seeking $40 billion in financing for SpaceX to buy Nvidia chips and expand its AI computing capacity.

Omokolade Ajayi Omokolade Ajayi

MTN CEO Ralph Mupita re-elected to GSMA board for second term

Ralph Mupita wins a second GSMA board term as AI, connectivity and digital access reshape Africa’s mobile industry.

Omokolade Ajayi Omokolade Ajayi

Bella Disu drives Abumet’s push into Nigeria’s high-value construction market

Bella Disu leads Abumet’s strategic push into Nigeria’s premium construction market following major facade delivery in Lagos.

Omokolade Ajayi Omokolade Ajayi

Coca-Cola CEO Henrique Braun spotlights Africa as $370 billion giant expands

Coca-Cola CEO Henrique Braun spotlights Africa’s growth as the $370 billion giant commits $1 billion to South Africa and marks 75 years in Nigeria.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Tony Elumelu urges investors in Paris to fund Africa’s future

Tony Elumelu challenges global financiers in Paris to invest directly in young African founders, moving past foreign aid into real enterprise.

Omokolade Ajayi Omokolade Ajayi

Mauritius’ ABCB Holdings profit jumps above $5 million on core banking growth

ABCB Holdings saw profit surge above $5.07 million, propelled by double-digit balance sheet expansion and strong core banking gains.

Omokolade Ajayi Omokolade Ajayi

Egyptian entrepreneur Mounir Nakhla drives MNT-Halan to Egypt’s biggest IPO since 2021

Mounir Nakhla leads MNT-Halan toward a $150 million IPO on Egypt’s stock exchange, marking the market’s largest listing in dollar terms since 2021.

Omokolade Ajayi Omokolade Ajayi

Pretoria-born Elon Musk regains world’s only trillionaire crown after $65 billion gain

Elon Musk has reclaimed his title as the world’s sole trillionaire after his net worth jumped $65 billion on Monday to hit $1.04 trillion.

Omokolade Ajayi Omokolade Ajayi

South African businessman Rian Maartens’ Ipic buys 16-property Country Hotels

Rian Maartens’ Ipic Properties acquires Country Hotels, adding 16 hotels and lodges across the Western and Northern Cape to its expanding footprint.

Omokolade Ajayi Omokolade Ajayi

Botswana’s BBS Bank posts $5.2 million half-year loss amid elevated funding costs

BBS Bank recorded a $5.2 million half-year loss amid high funding costs and rising credit impairments as its commercial transition continues.

Omokolade Ajayi Omokolade Ajayi

Ladi Jadesimi’s LADOL to develop Liberia’s first major offshore oil logistics base

Ladi Jadesimi’s LADOL will develop Liberia’s first major offshore oil logistics base in Buchanan under a new agreement with the state oil company.

Omokolade Ajayi Omokolade Ajayi

Bashir Bayo Ojulari leads Nigeria’s state oil giant NNPC to $5.4 billion profit

NNPC Limited posted a record $5.42 billion profit in 2025 as Bashir Bayo Ojulari led stronger oil and gas production.

Omokolade Ajayi Omokolade Ajayi