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Meet Nigerian billionaire businessman Emeka Offor, holding Guinea Insurance stake worth over $5 million

Nigerian billionaire Emeka Offor, founder of Chrome Group, controls more than 65% stake in Guinea Insurance Plc valued at over $5 million, positioning him at the center of the company’s recapitalization drive. The holding, equivalent to 5.59 billion shares, is structured through Chrome Oil Services Ltd and Nimek Investments Ltd, reinforcing long-term control and financial flexibility. As Guinea Insurance launches a N5.8 billion ($4.2 million) rights issue, Offor’s dominant stake underscores his influence in Nigeria’s insurance sector and signals a…

Feyisayo Ajayi Feyisayo Ajayi

How late Herbert Wigwe engineered and safeguarded his global fortune

Herbert Wigwe built a global fortune using trusts, offshore firms and 106 London properties to protect wealth and ensure long-term control.

Feyisayo Ajayi Feyisayo Ajayi

5 richest Arab families in 2026 ranked by net worth

Five richest Arab families in 2026 leverage energy, real estate, and telecoms to build multibillion-dollar empires and global influence.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s Moniepoint expands into Kenya, targets SME banking growth

Moniepoint acquires 78% of Sumac Microfinance Bank, expanding SME banking and operations in Kenya under Tosin Eniolorunda.

Omokolade Ajayi Omokolade Ajayi

Funds managed by British billionaire Stephen Butt in Tiger Brands hits $390 million

Stephen Butt controls a $390 million stake in Tiger Brands, cementing Silchester’s quiet influence in South Africa’s consumer sector.

Feyisayo Ajayi Feyisayo Ajayi

Kenyan businessman John Kimani to receive Ksh105.1 million dividend from Kakuzi

Kenyan businessman John Kibunga Kimani to receive Ksh105.1 million dividend from Kakuzi as profits rebound in 2025.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s FCMB limits exposure in fraud attempt

FCMB blocks N2.4 billion ($1.73 million) in fraud attempt, limiting exposure as Nigeria strengthens digital banking security.

Omokolade Ajayi Omokolade Ajayi

Anna Mokgokong: South African businesswoman behind billion-dollar investment group, CIH

From selling sandwiches to leading a $1.1 billion group, Anna Mokgokong rose to shape South Africa’s healthcare, mining, and ICT sectors.

Omokolade Ajayi Omokolade Ajayi

South Sudan opens first community tourism camp in Maruwa Hills  

South Sudan launches its first community-focused tourism camp in Maruwa Hills, promoting local culture, wildlife conservation, and eco-tourism opportunities.

Timilehin Adejumobi Timilehin Adejumobi