Omokolade Ajayi

776 Articles
Hot NewsTechnology

UN urges Africa to borrow, boost revenue to fund AI infrastructure gap

UN urges African governments to borrow, boost revenue, and invest in data centers and power to close the artificial intelligence infrastructure gap.

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Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

Flutterwave, gains Nigerian banking license as lifetime payments top $50 billion

Flutterwave secures banking license after surpassing $50 billion in lifetime payments, marking a major shift into lending and deposits across Africa.

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Hot NewsBusiness

Nigerian lender FCMB, state government provide $1.1 million to support youth farmers

FCMB, Oyo State fund 1,000 youth agripreneurs with $1.1 million to boost agribusiness and create scalable enterprises.

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Isyaku Abdulsamad “Khalifa” Rabiu.
ExclusiveBusinessHot News

Abdul Samad Rabiu’s son, Khalifa, to receive $9.6 million from BUA Foods

Nigerian billionaire Abdul Samad Rabiu’s son, Khalifa Rabiu, to receive N13.2 billion ($9.6 million) from BUA Foods’ record dividend payout.

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Adebayo Ogunlesi, Nigerian billionaire and co-founder of Global Infrastructure Partners.
TechnologyHot News

OpenAI hits $852 billion a year after Nigeria’s Adebayo Ogunlesi joins board

Its latest round, which increased from the $110 billion figure announced in February, drew backing from major technology and investment firms.

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Coca-Cola headquarters.
BusinessHot News

Coca-Cola expands South African operations with $1 billion investment plan

Coca-Cola invests $1 billion to modernize operations and boost distribution in South Africa’s consumer market.

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Hot NewsBusiness

Fuel costs jump across Africa as governments rush to shield households

Fuel costs surge across Africa, forcing governments to cut taxes and adjust prices to ease pressure on households amid global supply shocks.

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Irele Tower opens in Lagos.
Hot NewsBusiness

Irele Tower opens in Lagos, expands Nigeria’s green office space

Irele Tower opens in Lagos, offering 12,000 sqm of eco-friendly office and retail space, boosting the city’s modern business hubs.

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Natie Kirsh, Eswatini and South African billionaire and majority owner of Jetro Holdings.
BillionairesBusinessHot News

South African billionaire Natie Kirsh enters top 200 richest after $29 billion sale

South African billionaire Natie Kirsh joins top 200 richest after $29 billion Jetro sale to Sysco, boosting his net worth to $15 billion.

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Kenyan businessman Suresh Bhagwanji Shah, non-executive director of I&M Group.
Hot NewsBusiness

Kenyan businessman Suresh Bhagwanji Shah set for Ksh394 million payout from I&M Group profits

Kenyan businessman Suresh Shah to receive Ksh394 million dividend as I&M Group posts Ksh18.78 billion ($145 million) profit for 2025.

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BusinessHot News

Ghana says it will favor local buyers as Ibrahim Mahama bids for Damang gold mine

Ghana opens Damang gold mine to local firms; Ibrahim Mahama among bidders with $500 million investment plan.

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Logo of Guaranty Trust Holding Company Plc (GTCO), Nigerian financial services provider.
Hot NewsBusiness

Nigeria’s GTCO posts $625 million profit in 2025; customer deposits reach $9 billion

GTCO posts $625 million profit in 2025 as deposits climb to $9 billion, with gross earnings and loans also on the rise.

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