Omokolade Ajayi

776 Articles
Nigerian billionaire Abdul Samad Rabiu.
BusinessBillionairesHot News

Abdul Samad Rabiu’s BUA Foods plans new noodle, oil lines after $215 million half-year profit

BUA Foods, controlled by billionaire Abdul Samad Rabiu, posts a $215 million first-half profit and announces plans for new noodle and edible oil lines.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
BillionairesBusinessHot News

World’s richest Black person Aliko Dangote’s refinery targets $5 billion listing after $2.5 billion pitch

Aliko Dangote targets a $5 billion refinery IPO after a $2.5 billion private placement as the mega refinery prepares to list.

Omokolade Ajayi Omokolade Ajayi
South African businessman Robert Gumede
BusinessBillionairesHot News

Robert Gumede’s Vision Group targets $1.1 billion acquisition of sugar leader Illovo

Robert Gumede’s Vision Group targets a $1.1 billion acquisition of Illovo Sugar to build an African-owned agribusiness giant.

Omokolade Ajayi Omokolade Ajayi
Elon Musk
TechnologyBusinessExclusive

Elon Musk’s SpaceX revenue jumps 92% to $7.8 billion, beats expectations

SpaceX revenue climbed 92 percent to $7.8 billion, beating estimates as Starlink expanded despite heavy AI infrastructure spending.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBillionairesBusiness

Femi Otedola targets 51% stake in First HoldCo after record N6 trillion market cap

Femi Otedola plans to raise his First HoldCo stake to 51 percent after the lender became Nigeria’s first bank to reach a N6 trillion market cap.

Omokolade Ajayi Omokolade Ajayi
Private freight operator Traxtion
BusinessHot News

Traxtion receives first locomotives at Port of Durban in $207 million rail investment

Traxtion receives its first locomotives in a $207 million rail expansion as South Africa opens freight rail to private operators.

Omokolade Ajayi Omokolade Ajayi
Nairobi Securities Exchange
BusinessHot News

NSE tops KSh4 trillion for first time as investor wealth jumps $8.2 billion

Nairobi Securities Exchange surpasses KSh4 trillion as investor wealth rises $8.27 billion on strong gains in banks and Safaricom.

Omokolade Ajayi Omokolade Ajayi
Nigerian oil billionaire Muhammadu Indimi
Hot NewsBillionairesBusiness

Nigerian oil billionaire Muhammadu Indimi joins $43.5 million court battle with daughters

Nigerian oil billionaire Muhammadu Indimi seeks to join a $43.51 million appeal over Oriental Energy dividends in a case testing shareholder rights.

Omokolade Ajayi Omokolade Ajayi
Durban-born businessman Vivian Reddy
ExclusiveBillionairesBusinessLuxury

From borrowing $30 to building a $260 million mixed-use landmark: Meet Durban-born businessman Vivian Reddy

From borrowing $30 to building a $260 million mixed-use landmark, Vivian Reddy built one of South Africa's biggest developments.

Omokolade Ajayi Omokolade Ajayi
Telkom SA SOC Limited.
BusinessHot News

Telkom posts stronger first-quarter earnings as mobile subscribers climb to 25.3 million

Telkom reported stronger first-quarter earnings as mobile subscribers reached 25.3 million and data revenue continued to drive growth.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
BusinessBillionairesHot News

Aliko Dangote’s sugar company swings to $30.4 million first-half profit

Dangote Sugar returned to profit in the first half as lower costs offset weaker sales, lifting earnings and strengthening its balance sheet.

Omokolade Ajayi Omokolade Ajayi
President Abdel Fattah El-Sisi, Ahmed Elsewedy, and H.E. President Samia Suluhu Hassan.
BusinessHot News

Elsewedy Electric backs Tanzania industrial push with seven factory agreements

Elsewedy Electric advances its Africa expansion with seven Tanzania factory agreements to boost manufacturing, investment and regional growth.

Omokolade Ajayi Omokolade Ajayi