Omokolade Ajayi

597 Articles
South Africa's richest man Johann Rupert
BillionairesBusinessHot News

South Africa’s richest man Johann Rupert loses $100 million as Richemont shares retreat

South African billionaire Johann Rupert loses $100 million as investors lock in gains from luxury group Richemont.

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Nigerian executive Modupe Kadri.
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After 3-day spree, MTN Nigeria CFO Modupe Kadri boosts stake to $1.72 million

MTN Nigeria CFO Modupe Kadri boosts his stake to $1.72 million after a three-day, N1.26 billion buying streak on the Nigerian Exchange.

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Nigerian businessman Ladi Jadesimi, chairman of Aradel Holdings.
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Nigerian businessman Ladi Jadesimi set for $3.9 million Aradel dividend

Ladi Jadesimi is set for a $3.9 million Aradel Holdings dividend after the Nigerian energy group’s annual profit surged by 192 percent.

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Nigerian businessman and GTBank co-founder, Fola Adeola.
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GTBank co-founder Fola Adeola eyes $4 million dividend from Nigerian energy giant Aradel

Fola Adeola to receive over $4 million dividend from Aradel Holdings after record 2025 profit driven by strong earnings and acquisitions.

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South Korea’s Hyundai Rotem.
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Hyundai Rotem wins $487 million deal to maintain Morocco’s electric train fleet

Hyundai Rotem signs a $487.3 million, 20-year deal to maintain Morocco’s 440 electric trains under a major rail expansion program.

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Kenyan banker Rasik Kantaria
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Kenyan banker Rasik Kantaria to get $4.9 million dividend from Mauritius-based lender FMBcapital

Rasik Kantaria secures a $4.9 million dividend as regional lender FMBcapital reports record profits of $152.2 million.

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Port of Cape Town
BusinessHot News

Port of Cape Town ranks last globally, sparking urgent privatization push

Cape Town urges Transnet reforms after Port of Cape Town ranks last in global index amid delays, equipment failures, and trade concerns.

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Beninese-Gabonese oil mogul Samuel Dossou-Aworet.
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Beninese-Gabonese oil mogul Samuel Dossou-Aworet buys Aradel shares worth $221 million

He acquired 171,793,774 ordinary shares through Petrolin Trading Limited, strengthening his position in Nigeria’s energy sector.

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Prosus N.V
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Prosus projects 28% profit surge on Tencent, e-commerce gains

Prosus expects earnings growth up to 28 percent, driven by strong performance across its internet portfolio and Tencent gains.

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BusinessHot News

Nigeria’s Aradel profit jumps to $555 million as gas, oil acquisitions pay off

Aradel Holdings' profit hit $555.7 million in 2025 as production gains and strategic upstream acquisitions drove growth.

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South African banking executive Andiswa Bata.
BusinessHot News

South African executive Andiswa Bata gets $1.2 million Nedbank pay

Andiswa Bata earned $1.2 million in 2025 at Nedbank, combining salary, incentives, and buyouts tied to her executive role.

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Malawi’s richest man Hitesh Anadkat.
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Malawi’s richest man Hitesh Anadkat set for $7.47 million FMBcapital payout

Malawi’s richest man Hitesh Anadkat to receive $7.47 million dividend from FMBcapital after profit jumps to $152.2 million.

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