Nigerian banker Jim Ovia says real estate beats banking, doubles down on luxury Lagos towers

Jim Ovia pivots from banking to luxury Lagos real estate, investing in high-end towers priced up to $2.8 million for wealthy buyers and diaspora investors.

Omokolade Ajayi June 10, 2026

Business Hot News

Old Mutual Bank adds senior executives as Africa banking push intensifies

Old Mutual Bank hires senior executives as it prepares to challenge Capitec and expand its banking business in South Africa.

Oluwatosin Alao June 10, 2026

Business Hot News

Egypt’s $520 million fertilizer plant attracts $174 million debt package from IFC

Egypt’s $520 million fertilizer plant secured potential $174 million IFC debt package to expand phosphate output and boost exports in Ain Sokhna, Egypt region

Feyisayo Ajayi June 9, 2026

Business Hot News

South Africa’s Omnia Holdings posts $83 million profit as agriculture, mining drive growth

Omnia Holdings posts 25% profit growth as Agriculture and Mining drive earnings, while Chemicals rebounds on restructuring.

Feyisayo Ajayi June 9, 2026

Alcazar Energy-Egypt Gabal El Zeit wind farm deal signing

Business Hot News

Alcazar Energy lands $420 million deal on Egypt wind farm expansion

Alcazar Energy Egypt wind farm deal worth $420M expands Gabal El Zeit project, boosting Egypt’s renewable energy transition.

Timilehin Adejumobi June 9, 2026

Tag: Strait of Hormuz

African ports miss out as Hormuz disruption reroutes shipping via Cape routes

Glencore, Taiwan refiner book tankers for Middle East oil after ceasefire

Nigerian banker Jim Ovia says real estate beats banking, doubles down on luxury Lagos towers

Old Mutual Bank adds senior executives as Africa banking push intensifies

Egypt’s $520 million fertilizer plant attracts $174 million debt package from IFC

South Africa’s Omnia Holdings posts $83 million profit as agriculture, mining drive growth

Alcazar Energy lands $420 million deal on Egypt wind farm expansion

Nigerian banker Jim Ovia says real estate beats banking, doubles down on luxury Lagos towers

Old Mutual Bank adds senior executives as Africa banking push intensifies

Egypt’s $520 million fertilizer plant attracts $174 million debt package from IFC

Nigerian banker Jim Ovia says real estate beats banking, doubles down on luxury Lagos towers

Old Mutual Bank adds senior executives as Africa banking push intensifies

Egypt’s $520 million fertilizer plant attracts $174 million debt package from IFC

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