Omokolade Ajayi

373 Articles

Nigerian media mogul Dele Momodu launches ultra-modern leadership center

Nestled in the historic city of Ibadan, once a hub of intellectual renaissance in West Africa, the Dele Momodu Leadership Center marks a new era of leadership and innovation.

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Celebrating 72 Years of Greatness: Dr. Mike Adenuga Jr., the Spirit of Africa

As he turns 72, his legacy is a towering monument to vision, courage, and relentless innovation.

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Nigeria’s NNPC moves closer to landmark IPO, but timeline unclear

The move aligns with Nigeria’s Petroleum Industry Act (PIA) of 2021, which mandates that NNPC list its shares on the stock market.

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Nigeria’s Ogun State, set to become Africa’s largest cement-producing region

At a Glance Ogun State is on track to become Africa’s top cement-producing state or region, bolstered by the expansion of Dangote Cement, the continent’s leading cement producer. Africa’s richest man, Aliko Dangote, reaffirmed this vision during a visit to the $800 million Itori cement factory, which is expected to be completed by November 2026. Dangote Cement expands production in…

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South Africa becomes MTN’s biggest market as Nigeria revenue, earnings decline

The shift highlights the economic and regulatory pressures hampering telecom operations in Africa’s most populous country.

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Naspers, Africa’s most valuable company, hits $44.3 billion market cap

The global consumer internet giant has added $4.76 billion in value since the start of the year, driven by renewed investor confidence and key global developments.

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Tems’ 2025 dominance: 5 milestones Nigeria’s biggest artist has achieved this year

Her dominance isn’t just about streaming numbers—it’s about cultural impact, artistic evolution, and a relentless drive to push boundaries.

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Sijuwade royal family of Ife, one of Africa’s wealthiest, eyes first oil from one of its oil blocks

Today, the Sijuwade Group holds a 10 percent stake in OPL 276, an asset that is poised to begin production within the next 12 to 18 months.

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$100 million skyscraper built by Nigeria’s richest woman

Located at the corner of Alfred Rewane (Kingsway) Road, Centre Point is an eye-catching addition to Lagos' skyline, blending innovation with sophistication.

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Tanzania’s biggest bank, NMB, sees $100 million market value increase in first 25 days of 2025

NMB’s broad footprint in Tanzania, with 231 branches, 715 ATMs, and 7.1 million customers, continues to position it as a top player in the region’s banking sector.

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U.S. blacklist of China’s gaming giant wipes out $3.8 billion from Africa’s most valuable company

This decline reflects a ripple effect from Tencent’s own struggles, with the Chinese tech giant’s shares falling over 6 percent since the start of the year.

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Nigerian superstar musician Tems’ “Wait for U” with Drake, Future nears 1 billion Spotify streams

The song, a collaboration with American rapper Future and Canadian rapper Drake, highlights her distinctive artistry and broad international appeal.

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