Omokolade Ajayi

776 Articles
Sterling Financial Holdings Company Plc
Hot NewsBusiness

Nigeria’s Sterling Holdco sees H1 profit surge to $37 million on strong lending

Sterling Holdco's first-half profit rose to $37 million as lending growth, deposits and assets strengthened earnings.

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Aliko Dangote, Africa's richest man and Dangote group President
BusinessHot News

Africa’s richest man Aliko Dangote’s Dangote Cement posts $470 million half-year profit as African exports jump

Dangote Cement reports a $470 million half-year profit driven by a 62 percent surge in African exports and stronger regional sales.

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Nigerian executive Owen Omogiafo
BusinessBillionairesHot News

Nigerian executive Owen Omogiafo buys 1.9 million shares of Transcorp Group

Transcorp CEO Owen Omogiafo bought 1.9 million shares, increasing her stake as the group expands its assets and earnings.

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South African banker Kwanele Ngwenya
BusinessHot News

South African banker Kwanele Ngwenya earns top leadership role at Malawi’s NICO Holdings

Kwanele Ngwenya becomes NICO Holdings' deputy group managing director as the Malawi-based financial services group advances its succession plan.

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Ethiopian Airlines Group.
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Africa’s top carrier, Ethiopian Airlines, hits $9.1 billion revenue as passenger traffic jumps

Ethiopian Airlines reported $9.1 billion in annual revenue, driven by passenger growth, cargo demand and expansion despite higher costs.

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Africa’s first Black billionaire Patrice Motsepe.
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Africa’s first Black billionaire, Patrice Motsepe, loses $1 billion in stock slump

Patrice Motsepe’s net worth fell from $4.4 billion to $3.4 billion due to a steep mining stock decline, sliding his position on South Africa’s rich list.

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Aliko Dangote, Africa’s richest man and founder of Dangote Group.
BusinessHot News

Africa’s richest man Aliko Dangote’s seasoning business posts $14.4 million half-year profit

Aliko Dangote-backed Nascon posts $14.4 million half-year profit as stronger margins and lower finance costs lift earnings.

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Catherine Nwosu
Hot NewsBusiness

Africa Prudential reinforces growth, digital strategy at H1 2026 investor call

With H1 2026 gross earnings up 27 percent to $3.1 million, Africa Prudential reinforces its shift toward recurring digital business solutions.

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Nigerian billionaire Tony Elumelu, with United Capital CEO Peter Ashade and other executives of the company
BusinessHot News

Peter Ashade-led United Capital grows half-year profit to $15.5 million, declares interim dividend

United Capital's half-year profit rose to $15.5 million as the firm declared an interim dividend after stronger earnings.

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Moroccan billionaire Othman Benjelloun
BusinessBillionairesHot News

Moroccan billionaire Othman Benjelloun’s Bank of Africa seals deal to expand funding across Africa

Bank of Africa partners with Italy's SACE to unlock major European capital for energy and infrastructure projects across the African continent.

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South African executive Phuthi Mahanyele-Dabengwa
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South African executive Phuthi Mahanyele-Dabengwa reveals $1.7 billion investment in France’s innovation ecosystem

Phuthi Mahanyele-Dabengwa reveals Prosus and Naspers invested $1.7 billion into French technology leaders, driving global growth.

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Nigerian business leader Emmanuel Nnorom
ExclusiveBusiness

Meet Emmanuel Nnorom: Nigerian business leader set to chair $24.5 billion UBA Group

Emmanuel Nnorom steps into one of Africa's most prominent corporate roles as the incoming chairman of UBA Group.

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