Omokolade Ajayi

983 Articles
BusinessHot News

Nigeria’s NNPC moves closer to landmark IPO, but timeline unclear

The move aligns with Nigeria’s Petroleum Industry Act (PIA) of 2021, which mandates that NNPC list its shares on the stock market.

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Dangote Cement Factory
BusinessHot News

Nigeria’s Ogun State, set to become Africa’s largest cement-producing region

At a Glance Ogun State is on track to become Africa’s top cement-producing state or region, bolstered by the expansion of Dangote Cement, the continent’s leading cement producer. Africa’s richest man, Aliko Dangote, reaffirmed this vision during a visit to the $800 million Itori cement factory, which is expected to be completed by November 2026. Dangote Cement expands production in…

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MTN
Hot NewsBusinessTechnology

South Africa becomes MTN’s biggest market as Nigeria revenue, earnings decline

The shift highlights the economic and regulatory pressures hampering telecom operations in Africa’s most populous country.

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Naspers Limited, the Cape Town-based group chaired by Koos Bekker.
TechnologyHot News

Naspers, Africa’s most valuable company, hits $44.3 billion market cap

The global consumer internet giant has added $4.76 billion in value since the start of the year, driven by renewed investor confidence and key global developments.

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Tems
EntertainmentExclusiveHot News

Tems’ 2025 dominance: 5 milestones Nigeria’s biggest artist has achieved this year

Her dominance isn’t just about streaming numbers—it’s about cultural impact, artistic evolution, and a relentless drive to push boundaries.

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Oba Okunade Sijuwade, the 50th Ooni of Ife
BusinessExclusive

Sijuwade royal family of Ife, one of Africa’s wealthiest, eyes first oil from one of its oil blocks

Today, the Sijuwade Group holds a 10 percent stake in OPL 276, an asset that is poised to begin production within the next 12 to 18 months.

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Centre Point
LuxuryHot News

$100 million skyscraper built by Nigeria’s richest woman

Located at the corner of Alfred Rewane (Kingsway) Road, Centre Point is an eye-catching addition to Lagos' skyline, blending innovation with sophistication.

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NMB Bank Plc
Hot NewsBusiness

Tanzania’s biggest bank, NMB, sees $100 million market value increase in first 25 days of 2025

NMB’s broad footprint in Tanzania, with 231 branches, 715 ATMs, and 7.1 million customers, continues to position it as a top player in the region’s banking sector.

Omokolade Ajayi Omokolade Ajayi
Naspers Limited, the Cape Town-based group chaired by Koos Bekker.
TechnologyBusinessHot News

U.S. blacklist of China’s gaming giant wipes out $3.8 billion from Africa’s most valuable company

This decline reflects a ripple effect from Tencent’s own struggles, with the Chinese tech giant’s shares falling over 6 percent since the start of the year.

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Tems
EntertainmentHot News

Nigerian superstar musician Tems’ “Wait for U” with Drake, Future nears 1 billion Spotify streams

The song, a collaboration with American rapper Future and Canadian rapper Drake, highlights her distinctive artistry and broad international appeal.

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Aerial view of LUX Grand Gaube, Mauritius
TourismBusiness

Paradise under threat: Africa’s safest tourist haven could run out of water by April

If the situation doesn't improve by April, the island could find itself without enough water to sustain its population and vital industries.

Omokolade Ajayi Omokolade Ajayi
MTN
BusinessHot News

MTN Ghana’s market cap increases by $132 million on GSE in first 20 days of 2025

This boost has cemented MTN Ghana’s place as one of the top companies in both West and Central Africa.

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