Omokolade Ajayi

776 Articles
Thungela Resources Limited
Hot NewsBusiness

South Africa’s Thungela posts $85.7 million profit as coal prices rise

Thungela reports an 85.7 million dollar profit as higher coal prices and stronger production lift earnings and dividend.

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LuxuryBusinessHot News

Transcorp Hilton Abuja adds padel courts as hotel expands leisure offering

Transcorp Hilton Abuja has added new padel courts as Transcorp Hotels expands its leisure offering.

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Ex-Airtel Africa CEO Segun Ogunsanya
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Ex-Airtel Africa CEO Segun Ogunsanya takes Vodacom board seat from Phuthi Mahanyele-Dabengwa

Former Airtel Africa CEO Segun Ogunsanya has been appointed to Vodacom Group’s board, succeeding Phuthi Mahanyele-Dabengwa in a scheduled leadership change.

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Impala Platinum Holdings Ltd
BusinessHot News

South Africa’s Implats expects earnings to surge as PGM prices lift revenue

Implats expects earnings to surge as stronger PGM prices lift revenue, cash generation and 6E production for the year ended June 30, 2026.

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Dangote Refinery gasoline storage tank with 60 million liters capacity under Dangote Industries Limited operations in Nigeria.
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Dangote Refinery could get cheaper crude under Nigeria supply reforms

Nigeria is considering crude supply and pricing reforms that could lower feedstock costs for Dangote Refinery and other domestic processors.

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Nigerian politician Abdulaziz Yari.
BillionairesBusinessHot News

Nigerian politician struggles to keep power company afloat after $750 million takeover

Geregu Power faces falling revenue, an 88 percent profit drop and a $29.4 million bond payment default after Abdulaziz Yari’s $750 million takeover.

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Alex Karp, the chief executive officer of Palantir Technologies
BillionairesBusinessHot News

Alex Karp set to become first US Black billionaire worth $20 billion as Palantir shares surge

Palantir CEO Alex Karp’s fortune has climbed above $19 billion as the company’s shares surge, putting him within reach of $20 billion.

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South African executive Khumo Shuenyane
BusinessHot News

South African executive Khumo Shuenyane to succeed Saki Macozoma as Vodacom chairman in 2027

Khumo Shuenyane will succeed Saki Macozoma as Vodacom Group chairman in July 2027 after Macozoma retires from the board.

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UK-based Zimbabweans became the country’s top senders.
Global NewsBusinessHot News

Diaspora Dollars: How UK-based Zimbabweans became the country’s top senders

Zimbabwe received a record $2.45 billion in diaspora remittances in 2025, as the UK narrowly overtook South Africa as the top source.

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Aliko Dangote, Africa's richest man and Dangote group President
BusinessBillionairesHot News

Aliko Dangote plans $16 billion Kenya refinery, with 70% of funding from debt

Aliko Dangote plans to build a $16 billion refinery in Kenya, with 70 percent of the project expected to be financed through debt.

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Globacom
TechnologyBusinessHot News

Glo launches Gloria AI assistant amid network expansion and subscriber growth

Globacom launches Gloria AI assistant as network expansion supports subscriber growth, with the telecom operator adding 1.2 million users in May.

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Mauritius-based Cim Finance.
BusinessHot News

Mauritius-based Cim Finance profit holds at $18.9 million despite higher impairments

Cim Finance posted $18.9 million profit as lending growth and higher revenue offset rising impairment losses in nine months.

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