Omokolade Ajayi

597 Articles
Equity Group headquarters in Nairobi, Kenya.
Hot NewsBusiness

Equity Group emerges Kenya’s most valuable brand in global ranking

Equity Group tops Kenya’s most valuable brands as profit rises 54.6 percent and regional growth drives earnings diversification.

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Aliko Dangote, Africa’s richest man and founder of Dangote Group.
Hot NewsBusiness

Aliko Dangote’s refinery becomes key as Europe, Africa face fuel supply strain

Aliko Dangote’s $20 billion Lagos refinery becomes a key jet fuel source amid global supply chain pressures.

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Solar panels
Hot NewsTechnology

South Africa’s largest single-phase solar project secures Standard Bank backing

Standard Bank backs South Africa’s 475MW Notsi solar project, powering 140,000 homes and boosting Africa’s renewable growth.

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South African billionaire Patrice Motsepe.
BusinessHot News

Gold slump cuts $700 million from South African billionaire Patrice Motsepe’s fortune

Patrice Motsepe loses $700 million as gold drops below $4,500, hitting mining stocks and cutting into his holdings in Harmony Gold and ARM.

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Tony Elumelu with Awele Vivien Elumelu.
ExclusiveHot News

Nigerian President praises Tony Elumelu on 63rd birthday as TEF lifts 2.1 million Africans out of poverty

Nigerian President hails Tony Elumelu as TEF lifts 2.1 million Africans out of poverty and creates 1.5 million jobs.

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ExclusiveHot News

$4.2 billion in African revenue linked to Tony Elumelu Foundation, CEO Somachi Chris-Asoluka says

Tony Elumelu Foundation-backed startups have generated $4.2 billion in revenue and created over 1.5 million jobs in Africa.

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Hot NewsBusiness

Shoprite enters community banking, while Nigerian franchise shuts down

Shoprite acquires R&A Cellular, expanding neighborhood financial services, while its Nigerian operation under Tayo Amusan’s Ketron shuts down.

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Equity Group headquarters in Nairobi, Kenya.
Hot NewsBusiness

Kenya’s Equity Group enters pharmacy business to reduce treatment costs

Equity Group enters pharmacy business through Equity Afia, aiming to cut treatment costs and expand healthcare services across East and Central Africa.

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Aliko Dangote, president of Dangote Group
Hot NewsBusiness

Africa turns to Aliko Dangote’s $20 billion refinery as Middle East crisis deepens

Africa turns to Aliko Dangote’s 20 billion refinery as fuel risks rise amid Middle East tensions, with countries seeking more reliable supply options.

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Adaora Umeoji, CEO of Zenith Bank, leading Nigeria’s most valuable bank.
Hot NewsBusiness

Zenith Bank hits $3.3 billion market cap under Adaora Umeoji as Nigeria’s most valuable bank

Zenith Bank reaches $3.3 billion market cap under Adaora Umeoji, becoming Nigeria’s most valuable bank with global expansion plans.

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Hot NewsBusiness

South Africa’s Exxaro reports $461 million earnings in 2025 as coal drives growth

Exxaro Resources Limited reports $461 million earnings in 2025 as coal output, exports and disciplined costs support growth.

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SPAR moves to rebuild revenue
Hot NewsBusiness

South Africa’s SPAR moves to cut jobs amid weak sales and rising costs

SPAR Group introduces retrenchments and cost-saving measures to strengthen operations amid weak trading conditions.

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