Luxury

GTCO’s Q1 profit slips to $158 million as valuation losses, higher taxes weigh on earnings

GTCO reports first-quarter profit of $158.6 million as valuation losses and higher taxes weigh on earnings despite revenue growth.

Omokolade Ajayi April 30, 2026

Hot News

Novastar Ventures becomes $350 million African VC fund after $147 million raise

Novastar Ventures closes $147 million Africa People and Planet Fund III with Proparco backing, boosting climate-focused African startups funding

Feyisayo Ajayi April 30, 2026

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

Billionaires Business Hot News

Nigerian billionaire Aliko Dangote’s Dangote Cement posts $233 million profit in Q1 2026

Dangote Cement posts $233 million profit in Q1 2026, driven by stronger sales, higher volumes and cost control.

Omokolade Ajayi April 30, 2026

Business Hot News

World Bank Group, Standard Chartered launch $300M Africa trade finance facility

Standard Chartered launch a $300 million facility to boost supply chain finance and ease SME liquidity constraints across Africa.

Feyisayo Ajayi April 30, 2026

Business Hot News

Nigerian billionaire Abdul Samad Rabiu’s BUA Foods posts $103 million Q1 profit

BUA Foods posts $103 million Q1 profit as Abdul Samad Rabiu’s group cuts costs, offsets weaker sales, and strengthens margins.

Omokolade Ajayi April 29, 2026

Business Hot News

GTCO’s Q1 profit slips to $158 million as valuation losses, higher taxes weigh on earnings

Omokolade Ajayi April 30, 2026

Hot News

Novastar Ventures becomes $350 million African VC fund after $147 million raise

Feyisayo Ajayi April 30, 2026

Billionaires Business Hot News

Nigerian billionaire Aliko Dangote’s Dangote Cement posts $233 million profit in Q1 2026

Omokolade Ajayi April 30, 2026

Business Hot News

GTCO’s Q1 profit slips to $158 million as valuation losses, higher taxes weigh on earnings

Omokolade Ajayi April 30, 2026

Hot News

Novastar Ventures becomes $350 million African VC fund after $147 million raise

Feyisayo Ajayi April 30, 2026

Billionaires Business Hot News

Nigerian billionaire Aliko Dangote’s Dangote Cement posts $233 million profit in Q1 2026

Omokolade Ajayi April 30, 2026

Our Team

Feyisayo Ajayi 1442 Articles

Feyisayo Ajayi is the Head of Digital strategy and growth, Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.

Digital strategy and growth,

Omokolade Ajayi 375 Articles

Timilehin Adejumobi 876 Articles

Oluwatosin Alao 324 Articles

GTCO’s Q1 profit slips to $158 million as valuation losses, higher taxes weigh on earnings

Novastar Ventures becomes $350 million African VC fund after $147 million raise

Nigerian billionaire Aliko Dangote’s Dangote Cement posts $233 million profit in Q1 2026

World Bank Group, Standard Chartered launch $300M Africa trade finance facility

Nigerian billionaire Abdul Samad Rabiu’s BUA Foods posts $103 million Q1 profit

GTCO’s Q1 profit slips to $158 million as valuation losses, higher taxes weigh on earnings

Novastar Ventures becomes $350 million African VC fund after $147 million raise

Nigerian billionaire Aliko Dangote’s Dangote Cement posts $233 million profit in Q1 2026

GTCO’s Q1 profit slips to $158 million as valuation losses, higher taxes weigh on earnings

Novastar Ventures becomes $350 million African VC fund after $147 million raise

Nigerian billionaire Aliko Dangote’s Dangote Cement posts $233 million profit in Q1 2026

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