Billionaires
Africa’s newest dollar billionaire, Tony Elumelu, acquires additional £53.2m shares in Seplat
Tony Elumelu’s Heirs Energies bought six million Seplat shares for £53.2 million, lifting its combined stake to 21.07% ahead of his 2027 chairmanship
Moniepoint CEO Tosin Eniolorunda named among TIME100 Next 2026 leaders
Moniepoint CEO Tosin Eniolorunda is the only African business, tech and AI honouree on TIME100 Next 2026, recognised for widening access to finance in Nigeria.
Flutterwave CEO Agboola named among world’s top 100 fintech leaders, Uzochukwu reacts
Dr Stanley Uzochukwu congratulates Flutterwave CEO Olugbenga Agboola on joining FinTech Magazine’s 2026 Top 100, amid the company’s expansion beyond payments.
Customs seeks seizure of Dangote’s billionaire half-brother’s aircraft over alleged ₦2.31bn duty
Nigeria Customs seeks forfeiture of three aircraft tied to Sayyu Dantata over alleged ₦2.31bn unpaid import duty; no order yet, hearing resumes October 22, 2026.
Mike Adenuga makes rare public appearance as Femi Otedola shares new photo with him
Mike Adenuga makes a rare public appearance in Monaco as Femi Otedola shares a new photograph and tribute to the reclusive Globacom founder, drawing reactions.
Femi Otedola is now worth more than 8 African billionaires as fortune hits $2bn
Femi Otedola’s fortune reaches $2bn as First HoldCo shares hit N162.80, lifting him above eight African billionaires after his N12.58bn share purchase in 2026.
After shutting down six businesses, Dangote announces three new multi-billion dollar firms
Dangote plans $10 billion for Africa’s electricity sector, a $3.5bn pipeline and shipping fleet to expand refining and rebuild his new business empire in Africa.
Dangote to invest $10bn in Africa’s power sector to tackle electricity deficit
Aliko Dangote plans to invest over $10bn in Africa’s power sector, targeting 66 million people as he predicts economic transformation in three to four years.
After refinery share offer, Dangote announces another IPO, sets 2028 date
Aliko Dangote confirms a 2028 IPO for Dangote Fertiliser as capacity targets 12m tonnes, while refinery investors joke about becoming co-owners in Nigeria
Billionaires
Load more