Omokolade Ajayi

776 Articles

MTN Uganda’s half-year profit rises 37.7% to $99 million on data, fintech growth

MTN Uganda’s profit rose 37.7% to $99 million in the first half of 2026, driven by growth in data, fintech revenue and its customer base.

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South Africa’s richest man, Johann Rupert, gains $1.5 billion as fortune reaches $21.5 billion

Johann Rupert gains $1.5 billion in four weeks as his fortune reaches $21.5 billion, boosted by gains in Richemont shares.

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Nigerian Pastor Jerry Eze takes board role at Tony Elumelu’s Heirs Life

Pastor Jerry Eze joins Heirs Life’s board as the insurer seeks to build consumer trust and expand insurance access in Nigeria.

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Beyoncé takes full control of her whisky brand, SirDavis, after LVMH sells stake

Beyoncé has taken full control of SirDavis after LVMH sold its stake in the whisky brand less than two years after its launch.

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Glencore eyes Australia listing to tap $3.1 trillion pension investment pool

Glencore plans an Australia listing as soon as October to tap the country’s $3.1 trillion pension investment pool.

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NCBA Bank takes control of Multiple Hauliers in $55.7 million debt dispute

NCBA Bank takes control of Multiple Hauliers in a KSh7.2 billion ($55.7 million) debt dispute as PwC administrators oversee the company.

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Nigerian billionaire Femi Otedola’s First HoldCo stake rises to $1.27 billion after latest share purchase

Femi Otedola’s First HoldCo stake rises to $1.27 billion after a N18.11 billion share purchase lifts his ownership to 26.1 percent.

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Nigerian media tycoon Aare Dele Momodu holds private meeting with Ghana President John Mahama

Nigerian media tycoon Aare Dele Momodu met Ghana President John Mahama at his Accra residence, discussing African soccer, politics, literature, and history.

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Vodacom CEO Shameel Joosub’s pay jumps 75 percent to $8.5 million

Vodacom CEO Shameel Joosub’s pay rose 75.3 percent to $8.5 million, driven by a 196.8 percent increase in long-term incentives.

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Days after flying Dangote on his Global 8000, Abdul Samad Rabiu relaxes on yacht in Monaco

Abdul Samad Rabiu visits Monaco aboard his superyacht after hosting Aliko Dangote on his Bombardier Global 8000.

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Elon Musk’s net worth tops $800 billion again as SpaceX shares jump 15.8%

Elon Musk’s fortune rises above $800 billion as SpaceX shares jump 15.8 percent, lifting its market value to $1.75 trillion.

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Glo leads Nigeria’s telecom market with 1.2 million new internet subscribers in May

Globacom led Nigeria’s telecom operators in May, adding 1.2 million internet subscribers as the country’s total user base rose to 157 million.

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