Omokolade Ajayi

776 Articles
Mpumi Madisa, Chief Executive Officer of Bidvest Group.
ExclusiveBusinessHot News

Mpumi Madisa: Gauteng-born executive behind $4.9 billion South African giant, Bidvest Group

Gauteng-born Mpumi Madisa leads Bidvest Group, a $4.9 billion South African conglomerate, overseeing growth, expansion and steady financial performance.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Kenya scrambles for World Bank rescue as Iran war shakes economy

Kenya seeks World Bank support as Iran conflict-driven oil prices strain inflation, currency stability and economic growth outlook.

Omokolade Ajayi Omokolade Ajayi
OCP workers operating at a phosphate production facility in Morocco.
BusinessHot News

Morocco’s OCP raises $1.5 billion in first international hybrid bond

OCP raises $1.5 billion hybrid bond, attracting about $7 billion in orders from global investors across 23 countries.

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

Aliko Dangote’s $50 billion refinery IPO set to create Africa’s most valuable company

Aliko Dangote’s $50 billion refinery IPO could create Africa’s most valuable company as a pan-African listing targets up to 2 million investors.

Omokolade Ajayi Omokolade Ajayi
Shell logo on a fuel nozzle at a retail station.
Hot NewsBusiness

Shell in $1 billion talks to sell South African fuel outlets to UAE’s ADNOC

Shell is in talks to sell about 600 South African fuel outlets to UAE's ADNOC in a $1 billion deal, ending a century-long presence.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Nigeria-Morocco $25 billion gas pipeline nears deal as 13 nations join

Africa’s 6,900-km Nigeria-Morocco gas pipeline nears agreement, boosting supply, power growth and exports to Europe.

Omokolade Ajayi Omokolade Ajayi
Sim Tshabalala, CEO of Standard Bank Group.
BusinessExclusiveHot News

South African executive Sim Tshabalala earned $6.4 million from Standard Bank in 2025

Standard Bank CEO Sim Tshabalala earned $6.4 million in 2025 as profit rose to $3.43 billion and dividends increased.

Omokolade Ajayi Omokolade Ajayi
Capitec Bank
Hot NewsBusiness

Capitec’s market cap tops $30 billion, regains title as Africa’s most valuable bank

Capitec Bank’s market cap climbs above $30 billion, reclaiming its position as Africa’s most valuable lender after share price gains in Johannesburg.

Omokolade Ajayi Omokolade Ajayi
Nigerian banker Segun Agbaje, CEO of GTCO.
BusinessHot News

Nigerian banker Segun Agbaje to pocket N490 million from GTCO

Segun Agbaje to receive N490 million from GTCO dividends as the bank maintains payouts despite lower 2025 profit and earnings pressure.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire businessman Tony Elumelu.
BusinessBillionairesHot News

Nigerian billionaire Tony Elumelu’s Seplat stake tops $800 million as shares climb

Nigerian billionaire Tony Elumelu’s Seplat stake surpasses $800 million as oil rally and earnings lift shares.

Omokolade Ajayi Omokolade Ajayi
Unifreight Africa trailer, part of the company’s logistics operations.
Hot NewsBusiness

Zimbabwe’s Unifreight Africa plans capacity expansion amid tobacco surge

Unifreight Africa plans 2026 expansion to 100 million kilograms capacity as Zimbabwe tobacco output and logistics demand increase.

Omokolade Ajayi Omokolade Ajayi
Kenya Airways’ financial strain deepens after $65 million interest default.
Hot NewsBusiness

After $132 million loss, Kenya Airways’ bailout hopes fade under tighter rules

Kenya Airways’ recovery faces pressure after a $132.3 million loss, rising debt and stricter global rules limiting state support.

Omokolade Ajayi Omokolade Ajayi