Billionaires
Elon Musk sells xAI to SpaceX for $1.25 trillion to propel his net worth to $800 billion
Elon Musk's $1.25 trillion sale of xAI to SpaceX creates a tech powerhouse, merging AI with space, revolutionising infrastructure through space-based datacenters.
Melinda Gates breaks silence following Epstein files' allegations against ex-husband Bill
Melinda Gates reacted to bold allegations in the Epstein files against ex-husband Bill, sparking widespread discussion about their impact and the victims involved.
Breakdown of how much Nigeria 4 richest men made from stocks in 2025 and current net worth
Nigeria’s stock market added N11.36 trillion in billionaire wealth in 2025, driven almost entirely by Abdul Samad Rabiu and Aliko Dangote from listed stocks.
Nigeria's most valuable company announces double profit
BUA Foods Plc posted a record N507.7 billion profit in 2025, driven by strong sales, lower finance costs, and improved naira stability in FX market.
After acquiring majority shares, Tony Elumelu joins Seplat energies board
Tony Elumelu, a major investor, joins Seplat Energy's board as a non-executive director after acquiring a 20.07% stake, promising enhanced governance and growth.
Arthur Eze-owned Oranto Petroleum opens up on Senegal exit, cites contract breach
Oranto Petroleum exits Senegal's offshore oil sector after license revocation, citing financial disputes and regulatory challenges amid calls for better investment.
Nigerian billionaire loses oil licence held for 18 years in Senegal, reasons emerge
Senegal has revoked Nigerian billionaire Arthur Eze’s offshore Cayar Shallow licence after Atlas Oranto Petroleum failed to meet financial guarantees.
Number of world’s billionaires increases in 2025 as economic inequality widens
A report by Oxfam shows the global billionaire population rose to a record 3,000 in 2025, estimating that billionaires now control more than $3.5 trillion in wealth.
Elon Musk shatters wealth records, nears $800bn as 4 Nigerians make Forbes billionaires list
Elon Musk nears $800 billion as xAI's valuation skyrockets to $250 billion, while Nigerian billionaires, led by Aliko Dangote, reshape Africa's wealth landscape.
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