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Nigerian billionaire Abdul Samad Rabiu
BusinessHot News

Nigerian billionaire Abdul Samad Rabiu to pocket N806 billion from BUA Foods, Cement

BUA Foods proposed a dividend totaling about N504 billion ($364 million), while BUA Cement recommended N338.6 billion ($248.2 million).

Omokolade Ajayi Omokolade Ajayi
Samara karoo
Hot NewsTourism

Samara Karoo: Track wild cheetahs in luxury escape

Track wild cheetahs on foot in one of South Africa’s top luxury safari escapes. Samara Karoo offers an eco-conscious, off-grid…

Timilehin Adejumobi Timilehin Adejumobi
Hot NewsTourism

Madagascar: The breathtaking island adventure you’re missing

Madagascar's unique wildlife, stunning landscapes, and rich culture. Despite post-pandemic challenges, it’s a hidden gem for adventurous travelers.

Timilehin Adejumobi Timilehin Adejumobi
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Alain Nkontchou dividend
Alain Nkontchou Ecobank dividend

Cameroonian banker Alain Nkontchou to pocket $9.6 million as Ecobank resumes dividends

Alain Nkontchou to earn $9.6 million as Ecobank resumes dividends, backed by strong 2025 profit and revenue growth.

Feyisayo Ajayi Feyisayo Ajayi
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Sameer Africa land sale Kenya
Featured

Merali family’s Sameer Africa moves to close $7.1 million land sale to settle legacy gaps

Sameer Africa advances $7.1 million land sale to unlock value, strengthen balance sheet, and revive dividends.

Feyisayo Ajayi Feyisayo Ajayi
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Standard Bank executive pay 2025
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Standard Bank Group pays top 7 executives $30.5 million as earnings surge in 2025

Standard Bank paid top seven executives $30.5 million in 2025 as profits rose, balance sheet expanded, and performance-linked pay climbed.

Feyisayo Ajayi Feyisayo Ajayi
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Cora Gold Limited
Cora Gold

Cora Gold secures $120 million deal to advance Mali gold project

Cora Gold locks in a $120 million streaming deal to fully fund Mali’s Sanankoro gold project and fast-track construction toward production.

Timilehin Adejumobi Timilehin Adejumobi
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Ecobank 2025 financial results
Ecobank dividend 2025

Ecobank to pay $40 million dividend months after South Africa’s Nedbank exits $100 million stake

Ecobank Transnational proposes a $40 million dividend for 2025 after Nedbank exited its $100 million stake, signaling stronger earnings recovery.

Feyisayo Ajayi Feyisayo Ajayi
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Atedo Peterside Stanbic IBTC dividend
Atedo Peterside IBTC dividend

Nigerian tycoon Atedo Peterside to receive N980 million Stanbic IBTC Bank dividend

Atedo Peterside to receive N980 million dividend from Stanbic IBTC as lender posts strong 2025 earnings, boosting investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
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Stanbic IBTC 2025 profit
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Nigeria’s Stanbic IBTC posts $283 million profit in 2025

Stanbic IBTC posts $283 million profit in 2025, driven by higher interest rates, FX gains, and strong income growth.

Feyisayo Ajayi Feyisayo Ajayi
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Aliko Dangote, president of Dangote Group
Aliko Dangote

Africa’s richest man, Aliko Dangote, to pocket $490 million from Dangote Cement

Aliko Dangote set to receive $490 million dividend from Dangote Cement as profits top N1 trillion and expansion accelerates.

Omokolade Ajayi Omokolade Ajayi
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Novus print asset sale
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Novus Holdings cuts print business sale to $5.2 million after due diligence review

Novus trims print asset sale to $5.2 million after due diligence, extending deadline as it refines portfolio and capital strategy.

Feyisayo Ajayi Feyisayo Ajayi
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