Omokolade Ajayi

603 Articles
Hot NewsBillionairesBusiness

Bloomberg, Forbes track billions on different scales, but Elon Musk’s trillionaire milestone is closing in

Bloomberg and Forbes differ on Elon Musk's current billions, but the upcoming SpaceX IPO puts him on track to become the world's first trillionaire.

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Nigerian banker Adaora Umeoji
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Nigerian banker Adaora Umeoji’s Zenith Bank stake rises to $27 million

Adaora Umeoji’s stake in Zenith Bank reaches $27 million, driven by a 107 percent stock surge and record assets of $23.4 billion.

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Hot NewsBillionairesBusiness

South African billionaire Koos Bekker gains $100m from Tencent AI rally, EU antitrust delay

Koos Bekker’s net worth jumps to $3.5 billion as a Tencent AI agent prototype and a European Commission antitrust delay send Naspers and Prosus shares higher.

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Nigerian billionaire Abdul Samad Rabiu.
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Abdul Samad Rabiu drops as Africa’s second-richest after $2.2 billion wealth loss

Abdul Samad Rabiu falls from Africa's second-richest spot after a $2.2 billion net worth decline, with Johann Rupert reclaiming the rank.

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The Development Bank of Nigeria (DBN).
Hot NewsBusiness

Nigeria’s DBN pumps $735 million into local businesses, sets sight on 2 million jobs

DBN backs over one million small firms with $735 million, aiming to spark two million new jobs under a fresh five-year strategy.

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Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

Flutterwave, Tempo partner to speed up payments from US, Europe to Africa

Flutterwave partners with Tempo to launch stablecoin payment infrastructure, cutting cross-border fees as volumes cross $40 billion.

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Hot NewsBusiness

FlySafair cuts fuel surcharge 40 percent amid overbooking probe

FlySafair slashed its dynamic fuel surcharge by 40 percent amid an intense overbooking investigation by South African consumer watchdogs.

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Hot NewsBusiness

Kenyan firm Sasini calls off $61.1 million estate sale as buyer defaults

Kenyan agribusiness Sasini has canceled the $61.1 million sale of its Gulmarg coffee estate after the buyer defaulted on critical payment deadlines.

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Aliko Dangote, Africa’s richest man and founder of Dangote Group.
Hot NewsBusiness

Aliko Dangote’s mega refinery hits 700,000 barrels daily, beating its own maximum design limit

Aliko Dangote’s petroleum refinery has surpassed its original design limit, processing 700,000 barrels of crude oil daily during official testing.

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South African asset manager Ninety One profit.
Hot NewsBusiness

Profits jump at Ninety One as managed assets eclipse $230 billion

Ninety One operating profit rises 12 percent as a landmark Sanlam transaction boosts total assets under management to $230.8 billion.

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Hot NewsBusinessGlobal News

Pakistan drinks record Kenyan tea as Middle East conflicts disrupt global shipping

Pakistan imported a record 56.47 million kilograms of Kenyan tea in the first quarter of 2026.

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South African property investment company Putprop Limited.
Hot NewsBusiness

South African property firm Putprop buys Johannesburg retail center for $7.6 million

Putprop expands its Gauteng portfolio with a $7.6 million retail center acquisition in Johannesburg’s Kramerville design and commercial district.

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