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BusinessHot News

Nigeria’s Femi Otedola enters $2 billion club on massive First HoldCo rally

Femi Otedola’s net worth has crossed $2 billion as First HoldCo shares rally, adding $260.2 million to his stake since Aug. 24.

Omokolade Ajayi Omokolade Ajayi
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Johann Rupert, chairman of Richemont and Remgro Limited.
BusinessHot News

Johann Rupert’s Remgro sees headline earnings jump to $682 million as dividends surge

Remgro’s headline earnings rose 42.3% to $682 million in 2026, driven by stronger portfolio performance, cash generation, dividends and investments.

Feyisayo Ajayi Feyisayo Ajayi
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Dar es Salaam Stock Exchange
Hot NewsBusiness

Top 10 companies by market capitalization on Dar es Salaam Stock Exchange

Top 10 companies on the Dar es Salaam Stock Exchange ranked by market capitalization, highlighting Tanzania’s most valuable listed stocks.

Feyisayo Ajayi Feyisayo Ajayi
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TotalEnergies
BusinessHot News

TotalEnergies gets $1.8 billion from BlackRock’s GIP for African infrastructure

The TotalEnergies GIP Africa deal brings $1.8 billion from BlackRock’s GIP for African oil and gas infrastructure.

Timilehin Adejumobi Timilehin Adejumobi
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Vedanta
BusinessHot News

Vedanta’s KCM signs $498 million deal to boost Zambia copper output

KCM copper deal with China NERIN will add 70,000 tons of annual copper output and boost Zambia’s mining expansion.

Timilehin Adejumobi Timilehin Adejumobi
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Oando Plc
BusinessHot News

Oando wins shareholder approval for cross-border listings 

Oando cross-border listings win shareholder approval as the Nigerian energy group seeks access to additional stock exchanges.

Timilehin Adejumobi Timilehin Adejumobi
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South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

Patrice Motsepe’s ARC moves to take 77.94% stake in Alexander Forbes

Africa's first billionaire, Patrice Motsepe’s ARC plans to raise its Alexander Forbes stake to 77.94% as Prudential Financial exits the South African group.

Feyisayo Ajayi Feyisayo Ajayi
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Glencore
BusinessHot News

Glencore suspends senior executive Peter Hill over Radiant World review

Glencore suspends Peter Hill as the commodities giant investigates its dealings with Radiant World amid a $2 billion legal dispute.

Timilehin Adejumobi Timilehin Adejumobi
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UBA CEO Oliver Alawuba
BusinessHot News

UBA CEO Oliver Alawuba says economic indicators point to Nigeria’s stabilisation journey

UBA CEO Oliver Alawuba says Nigeria’s improving economic indicators show stabilisation, but sustained reforms are needed to deliver jobs and investment.

Omokolade Ajayi Omokolade Ajayi
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