Omokolade Ajayi

600 Articles
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.

Omokolade Ajayi Omokolade Ajayi
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.

Omokolade Ajayi Omokolade Ajayi
Malawi’s richest man Hitesh Anadkat.
BillionairesBusinessHot News

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.

Omokolade Ajayi Omokolade Ajayi
Naspers Limited, the Cape Town-based group chaired by Koos Bekker.
TechnologyBusinessHot News

South African giant Naspers forecasts 28% earnings jump on e-commerce growth

Naspers expects up to 28 percent earnings growth as e-commerce strength and global internet investments boost profitability across key markets.

Omokolade Ajayi Omokolade Ajayi
Zimbabwe’s richest man Strive Masiyiwa.
BillionairesBusinessHot News

Zimbabwe’s richest man Strive Masiyiwa shares lesson from failed Nigerian investment pitch

Strive Masiyiwa shares a vital lesson on investment discipline and personal satisfaction gained from a rejected telecom pitch in Nigeria.

Omokolade Ajayi Omokolade Ajayi
South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

Patrice Motsepe, Africa’s first Black billionaire, rebounds after $800 million drop

Patrice Motsepe sees a $200 million wealth rebound as mining stocks recover, lifting his net worth to $3.8 billion.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBillionairesBusiness

Nigerian billionaire Femi Otedola takes First HoldCo shares worth over $30 million at nearly 40% discount

Femi Otedola boosts his First HoldCo stake to 20.42 percent after acquiring shares valued at over $30 million at a nearly 40 percent discount.

Omokolade Ajayi Omokolade Ajayi
The Glen Shopping Centre in Johannesburg.
Hot NewsBusiness

Hyprop invests $2.73 million in solar upgrade at Johannesburg’s The Glen mall

Hyprop invests R45 million ($2.73 million) in a solar upgrade at The Glen to cut costs as portfolio revenue climbs to R6.9 billion ($420 million).

Omokolade Ajayi Omokolade Ajayi
Nigerian executive Modupe Kadri.
Hot NewsBusiness

MTN Nigeria CFO Modupe Kadri lifts stake past $1.5 million with new share buy

MTN Nigeria CFO Modupe Kadri boosts his stake past $1.5 million following a new N1.03 billion share purchase on the NGX.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

South African billionaire Christo Wiese’s Brait plots Virgin Active IPO in $152 million public market push

Christo Wiese's Brait backs a $152 million rights offer as Virgin Active advances IPO plans after reporting 37 percent EBITDA growth.

Omokolade Ajayi Omokolade Ajayi
The Central Bank of Nigeria.
Hot NewsBusiness

Oil exports lift Nigeria’s current account surplus to $4.98 billion in Q1 2026

Oil and gas export growth lifted Nigeria's current account surplus to $4.98 billion in Q1 2026 as refined petroleum imports plummeted.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker Nancy Njau.
Hot NewsBusiness

Investors eye gains as Kenyan banker Nancy Njau leads Family Bank to $230 million listing

Nancy Njau leads Family Bank toward a $230 million NSE listing, delivering gains to investors and marking a new milestone for the Kenyan lender.

Omokolade Ajayi Omokolade Ajayi