Omokolade Ajayi

776 Articles
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Fuel scarcity hits Kenya as Iran war disrupts shipments

Fuel scarcity hits Kenya as the Iran war disrupts Gulf oil supplies, affecting independent retailers and East African markets.

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Nigerian billionaire Abdul Samad Rabiu
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Nigerian billionaire Abdul Samad Rabiu’s liabilities exceed $3 billion

Nigerian billionaire Abdul Samad Rabiu’s miscellaneous liabilities top $3 billion, adjusting his net worth to $14.3 billion.

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Kenyan banker James Mwangi
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Kenyan banker James Mwangi to earn $5.7 million dividend from Equity Group

Kenyan banker James Mwangi will receive a $5.7 million dividend as Equity Group reports rising profits and regional growth.

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Nigeria’s state-owned oil company, NNPC.
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Nigeria moves to capitalize on oil surge amid global supply tensions

Nigeria plans to boost oil production amid global supply tensions, aiming to increase output and benefit from rising crude prices.

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ADvTECH’s Africa expansion lifts operating profit past $120 million in 2025

ADvTECH Group, Africa’s largest private education provider, reported its strongest results to date, crossing the $120 million mark in operating profit for the year ended Dec. 31, 2025. The company said operating profit rose 14 percent to R2.04 billion ($120.7 million), up from R1.8 billion ($106.5 million) a year earlier, as steady enrollment gains and measured fee increases supported growth…

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TechnologyHot News

Cameroonian tech investor Eunice Ajim seeks $20 million to back Africa’s next fintech winners

Cameroonian tech entrepreneur and investor Eunice Ajim seeks $20 million to back Africa’s next generation of fintech startups.

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Nigeria’s fintech unicorn Moniepoint acquires restaurant management platform Orda

Nigeria’s fintech unicorn Moniepoint Orda, boosting Moniebook as transactions hit $300.39 billion in 2025.

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Hot NewsBusiness

Kenya Airways’ bookings climb, providing temporary relief from $2.4 billion liabilities

Kenya Airways sees seat occupancy near full capacity, offering temporary relief from $2.4 billion in liabilities.

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Sandile Zungu: KZN businessman behind South Africa’s $10 billion lottery, sports license

KwaZulu-Natal businessman Sandile Zungu leads South Africa’s $10 billion National Lottery and Sports Pools license.

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Nigerian monarch Lamido Sanusi’s MTN earnings reach N1.5 billion over seven years

Nigerian monarch Lamido Sanusi earned N1.5 billion from MTN over seven years, blending traditional leadership with corporate influence.

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Egypt to pay $1.3 billion in oil company arrears by June amid energy crunch

Egypt plans $1.3 billion arrears payment to international oil firms by June, easing energy strains and boosting investor confidence.

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Equity Group headquarters in Nairobi, Kenya.
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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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