Billionaires
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.
Meet the 10 richest men in 2026, their net worth and sources of wealth
The combined net worth of the world’s top 10 billionaires has soared past $2.4 trillion in 2026, led by the richest man, Elon Musk, whose fortune is $714.2 billion.
From FLNG breakthrough: Why Julius Rone is Nigeria’s energy man of the moment
Julius Rone of UTM Offshore wins 2025 awards, revolutionising Nigeria’s energy sector with his FLNG project, securing his status as a leading figure in Africa.
Elumelu's Heirs Energies doubles oil production to 50,000 bpd to boost Nigeria’s energy security
Tony Elumelu's Heirs Energies has doubled crude oil production, increased gas output and power generation and reactivated about 100 dormant wells within five years.
Business titan Kola Karim bags honorary Doctorate at Fountain University Convocation
Kola Karim honoured with an honorary Doctor of Science by Fountain University for his impactful contributions to Nigeria's business sector and philanthropic efforts.
Billionaires
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