Omokolade Ajayi

373 Articles
Irele Tower opens in Lagos.
BusinessHot News

Irele Tower opens in Lagos, expands Nigeria’s green office space

Irele Tower opens in Lagos, offering 12,000 sqm of eco-friendly office and retail space, boosting the city’s modern business hubs.

Omokolade Ajayi Omokolade Ajayi
Natie Kirsh, Eswatini and South African billionaire and majority owner of Jetro Holdings.
BillionairesBusinessHot News

South African billionaire Natie Kirsh enters top 200 richest after $29 billion sale

South African billionaire Natie Kirsh joins top 200 richest after $29 billion Jetro sale to Sysco, boosting his net worth to $15 billion.

Omokolade Ajayi Omokolade Ajayi
Kenyan businessman Suresh Bhagwanji Shah, non-executive director of I&M Group.
BusinessHot News

Kenyan businessman Suresh Bhagwanji Shah set for Ksh394 million payout from I&M Group profits

Kenyan businessman Suresh Shah to receive Ksh394 million dividend as I&M Group posts Ksh18.78 billion ($145 million) profit for 2025.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Ghana says it will favor local buyers as Ibrahim Mahama bids for Damang gold mine

Ghana opens Damang gold mine to local firms; Ibrahim Mahama among bidders with $500 million investment plan.

Omokolade Ajayi Omokolade Ajayi
Logo of Guaranty Trust Holding Company Plc (GTCO), Nigerian financial services provider.
BusinessHot News

Nigeria’s GTCO posts $625 million profit in 2025; customer deposits reach $9 billion

GTCO posts $625 million profit in 2025 as deposits climb to $9 billion, with gross earnings and loans also on the rise.

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BusinessHot News

Dangote Refinery secures $4 billion loan as Afreximbank underwrites $2.5 billion

Dangote Refinery secures $4 billion loan, with Afreximbank underwriting $2.5 billion to boost exports and expansion plans.

Omokolade Ajayi Omokolade Ajayi
Close-up of South African Airways aircraft.
BusinessHot News

African airlines seek lifelines: SAA bailout, Uganda $113M, Kenya $2B rescue

SAA gains R1 billion equity while Uganda Airlines and Kenya Airways pursue $113 million and $2 billion funding to stabilize operations.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu
BusinessHot News

Nigerian billionaire Abdul Samad Rabiu to get N467 billion from BUA Foods’ record dividend

Abdul Samad Rabiu to get N467 billion from BUA Foods’ record dividend after a year of strong profits and revenue growth.

Omokolade Ajayi Omokolade Ajayi
Natie Kirsh, Eswatini and South African billionaire and majority owner of Jetro Holdings.
BusinessHot News

South African-born billionaire Natie Kirsh to sell U.S. business for $29.1 billion

South African-born billionaire Natie Kirsh to sell U.S. grocery chain Jetro to Sysco for $29.1 billion, creating a major food-service group.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Kenya’s Makueni County gets new I&M Bank branch as group assets hit $5.3 billion

I&M Bank opens first Makueni branch as group assets rise to $5.3 billion, boosting access for local businesses and residents.

Omokolade Ajayi Omokolade Ajayi
Mohammed Dewji, Tanzania’s richest man and CEO of MeTL Group.
BusinessHot News

Tanzania’s richest man Mohammed Dewji loses $100 million after two-year surge

Mohammed Dewji loses $100 million as global pressures weigh on MeTL Group valuations, reducing his fortune to $2.1 billion.

Omokolade Ajayi Omokolade Ajayi
BillionairesBusinessHot News

Five new Black billionaires join global ranks in 2026

Five new Black billionaires join global ranks in 2026, pushing combined wealth past $120 billion.

Omokolade Ajayi Omokolade Ajayi