Omokolade Ajayi

450 Articles
Nigerian billionaire businessman Tony Elumelu.
BusinessHot News

Tony Elumelu’s Transcorp hits N1 trillion in assets; dividend doubles

Tony Elumelu’s Transcorp tops N1 trillion in assets as revenue and profit surge across power and hospitality businesses.

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Aliko Dangote, Africa’s richest man
ExclusiveHot News

Africa’s richest man Aliko Dangote adds $3 billion to net worth year-to-date

Aliko Dangote adds $3 billion to his net worth as Dangote Cement shares surge and refinery scales up production.

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BusinessHot News

Glencore seals $115 million cobalt deal as U.S. eyes supply shift from China

Glencore secures $115 million cobalt purchase for U.S. stockpile as policy shifts reduce reliance on China and tighten global supply.

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BusinessHot News

South Africa’s Octodec to sell Killarney Mall for $25 million

Octodec agrees to sell Killarney Mall in Johannesburg for $25 million, reshaping its property portfolio and freeing capital.

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BusinessHot News

WeBuyCars holds off on new vehicle sales despite market growth

WeBuyCars focuses on used vehicles despite South Africa’s new car sales surge, prioritizing systems and customer experience.

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Nigerian billionaire businessman Tony Elumelu.
BusinessHot News

Nigerian billionaire Tony Elumelu’s Seplat stake surges to $700 million, up $210 million

Tony Elumelu’s Seplat stake climbs to $700 million, gaining $210 million in 55 days as shares surge on gas output growth.

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ExclusiveHot News

Tony Elumelu honours Chief Ogbue’s legacy in Africa’s transformative banking era

Nigerian billionaire Tony Elumelu honors Chief Ogbue, reflecting on his leadership and legacy in shaping Africa’s transformative banking era.

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BusinessHot News

Clean energy push could unlock 32,000 jobs in Mauritius by 2030

World Bank report says clean energy and ocean investment could create 32,000 jobs in Mauritius by 2030.

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BusinessHot News

Days after Spar exit call, South African retail leader Angelo Swartz cites family as priority

South African retail leader Angelo Swartz steps back from Spar to focus on family and oversee a smooth leadership transition.

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Hot NewsTechnology

After $34 million raise, Terra Industries joins DICON to boost Nigeria’s defense sector

Terra Industries partners with DICON to boost Nigeria’s defense technology, create jobs, and strengthen local production after a $34 million raise.

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Business

Ethiopia’s richest man, Mohammed Al Amoudi, loses $270 million in 23 days

Ethiopia’s richest man Mohammed Al Amoudi loses $270 million in 23 days as Preem stake revaluation trims his fortune to $9.13 billion.

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BusinessTourism

East Africa’s safari operator, SafariCo, plans $72 million lodge expansion in Tanzania

SafariCo plans $72 million lodge expansion in Tanzania, adding 184 rooms and enhancing guest experience and sustainability.

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