Omokolade Ajayi

776 Articles
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Beyoncé, Dr. Dre join billionaire ranks as global total climbs to 3,428

Beyoncé and Dr. Dre join 3,428 billionaires worldwide as global wealth climbs to $20.1 trillion, fueled by tech, finance, and entertainment.

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TourismHot News

Hilton Nairobi revives conference business after sale attempt falls through

Exterior view of the Hilton Nairobi building in Kenya’s central business district, a landmark property now hosting corporate conferences and events.

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Portside Tower
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South Africa’s economy grows fastest in three years amid reforms

South Africa’s GDP grew 1.1 percent in 2025, its fastest pace in three years, driven by agriculture, trade, and finance sectors.

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Absa Group, South Africa’s third-biggest lender.
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Absa, South Africa’s third-biggest lender, boosts headline earnings to $1.52 billion

Absa’s headline earnings rise 12% to $1.52 billion, driven by stronger client activity and higher non-interest income.

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Nigerian billionaire businessman Tony Elumelu.
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Billionaire Tony Elumelu takes time off in France’s Biarritz after historic growth across his business empire

Nigerian billionaire Tony Elumelu takes a break in France following major financial gains across banking, energy, and hospitality ventures.

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BusinessHot News

Nigerian lender FCMB meets $360 million capital requirement, secures international banking license

FCMB meets $360 million capital requirement, earning an international banking license for global operations.

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ExclusiveHot News

Africa’s 23 billionaires gain $20.3 billion; net worth hits $126.7 billion

Africa’s richest 23 gained $20.3 billion, with net worth reaching $126.7 billion as Dangote and Rabiu lead wealth growth.

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BusinessHot News

Nigeria’s Shoprite shuts all stores after 20 years despite local takeover

Shoprite Nigeria shuts all Nigerian outlets after two decades, ending local retail operations under Tayo Amusan’s ownership.

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Kenyan Sasini Tea targets China, India as Middle East crisis hits exports

Sasini Tea shifts avocado and macadamia exports to China and India as Middle East tensions disrupt traditional markets.

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Hot NewsBusiness

Zimbabwe’s richest man Strive Masiyiwa gains $900 million; hits $2.2 billion

Strive Masiyiwa gains $900 million, pushing his net worth to $2.2 billion as telecom and tech investments strengthen his business empire.

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Aliko Dangote, president of Dangote Group
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Africa’s richest man Aliko Dangote loses $400 million as naira weakens

Aliko Dangote’s net worth drops by $400 million to $32.6 billion as the naira weakens, impacting the dollar value of his holdings.

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TourismLuxury

Iran strikes shake Dubai’s safe-haven status as wealthy residents weigh exit

Iran-linked strikes test Dubai’s safety as wealthy residents consider leaving and luxury real estate faces potential demand shifts.

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