Tag: Featured

Musbahu Bashir companies
BillionairesBusinessHot News

10 companies owned by Nigerian businessman, Musbahu Mohammed Bashir

Musbahu Bashir built a diversified empire across telecom, finance, energy and real estate, shaping Nigeria’s economy quietly.

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Equity Group 2025 profit
BusinessHot News

Kenya banker James Mwangi leads Equity Group to $555.4 million profit in 2025

Kenya’s Equity Group reports $555.4 million profit in 2025, driven by regional diversification and strong income growth.

Feyisayo Ajayi Feyisayo Ajayi
Sa’adat Mohammed investment loss
BusinessHot News

Nigerian banker and lawyer Sa’adat Mohammed’s Jaiz Bank stake tops $30 million

Sa’adat Hamza Mohammed’s Jaiz Bank stake tops $30 million after a sharp rally in shares on Nigeria’s stock exchange.

Feyisayo Ajayi Feyisayo Ajayi
Co-op Bank Q1 2026 profit
BusinessHot News

Kenyan tycoon Gideon Muriuki-led Co-op Bank to distribute $113 million dividend

Co-op Bank plans $113 million dividend after 2025 profit growth, reinforcing investor confidence and strong balance sheet expansion.

Feyisayo Ajayi Feyisayo Ajayi
Top 15 listed hotel brands Africa
Hot NewsLuxury

15 most valuable publicly listed hotel brands in Africa

Africa’s 15 most valuable listed hotel brands drive tourism, business travel, and investor exposure across the continent.

Feyisayo Ajayi Feyisayo Ajayi
Co-op Bank Q1 2026 profit
BusinessHot News

Co-op Bank shatters records with $230 million profit under Gideon Muriuki

Co-op Bank posts record $230 million profit as income rises, efficiency improves and dividend payout jumps sharply in 2025.

Feyisayo Ajayi Feyisayo Ajayi
BusinessExclusiveHot News

Nigeria’s Zedvance targets $185 million in business loans by 2026

Zedvance targets $185 million in business loans by 2026 to boost Nigerian SMEs and expand credit access.

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Novus Holdings asset disposal
BusinessHot News

South Africa’s Novus Holdings sells KwaZulu-Natal property assets in $5.4 million disposal

Novus Holdings sells KwaZulu-Natal assets for $5.4 million, exiting non-core properties to refocus capital on core operations.

Feyisayo Ajayi Feyisayo Ajayi
Clive Calder net worth 2026
BillionairesHot News

South African-British billionaire Clive Calder loses $170 million in 2026

Clive Calder’s net worth falls $170 million in 2026, driven by weaker asset valuations, though he remains among the world’s richest.

Feyisayo Ajayi Feyisayo Ajayi
SPAR moves to rebuild revenue
BusinessHot News

South Africa’s SPAR moves to cut jobs amid weak sales and rising costs

SPAR Group introduces retrenchments and cost-saving measures to strengthen operations amid weak trading conditions.

Omokolade Ajayi Omokolade Ajayi
Sirius Real Estate Kiel acquisition
BusinessHot News

Sirius Real Estate secures $346 million revolving credit facility to boost acquisitions

Sirius Real Estate secures $346 million revolving credit facility, boosting acquisitions and strengthening financial flexibility across Europe.

Feyisayo Ajayi Feyisayo Ajayi
Michiel Le Roux Capitec stake loss
BillionairesHot News

South African billionaire Michiel Le Roux loses $422 million on Capitec Bank stake

Michiel Le Roux loses $422 million as Capitec shares slide on JSE, cutting stake value amid market volatility.

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