Tag: Nigeria

Nigerian billionaire Tony Elumelu backs African entrepreneurs with $100 million over 15 years

Nigerian billionaire Tony Elumelu has invested over $100 million in African startups…

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Nigerian billionaires Elumelu, Rabiu meet Macron to strengthen Africa-France ties

Elumelu and Rabiu meet Macron at Élysée Palace to strengthen investment and…

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Anthony Joshua moves to Dubai even as Iran tensions shake UAE safe-haven status

Boxing star Anthony Joshua moves to Dubai despite regional tensions, joining a…

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Nigerian lender FCMB meets $360 million capital requirement, secures international banking license

FCMB meets $360 million capital requirement, earning an international banking license for…

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Nigeria’s Shoprite shuts all stores after 20 years despite local takeover

Shoprite Nigeria shuts all Nigerian outlets after two decades, ending local retail…

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Oil at $85 boosts Nigeria, Angola but pressures South Africa’s economy

Oil at $85 boosts Nigeria and Angola’s revenues but raises fuel costs…

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Seplat Energy posts $2.73 billion revenue in 2025 on output boost

Seplat Energy reports $2.73 billion revenue in 2025 as offshore and onshore…

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Tony Elumelu’s Transcorp hits N1 trillion in assets; dividend doubles

Tony Elumelu’s Transcorp tops N1 trillion in assets as revenue and profit…

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Tony Elumelu honours Chief Ogbue’s legacy in Africa’s transformative banking era

Nigerian billionaire Tony Elumelu honors Chief Ogbue, reflecting on his leadership and…

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After $34 million raise, Terra Industries joins DICON to boost Nigeria’s defense sector

Terra Industries partners with DICON to boost Nigeria’s defense technology, create jobs,…

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Globacom scales network, boosts broadband access nationwide

Globacom expands nationwide network, boosting mobile data speed, reliability, and broadband access…

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Nigeria’s largest brewer returns to profit as revenue tops $1 billion

Nigerian Breweries returns to profit as revenue tops $1.08 billion, reversing prior…

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