Billionaires
Dangote Group plans a 10% stake sale in its $20 billion refinery via a Pan-African IPO in 2026, offering dollar dividends and expanding Africa's industrial capacity.
Seplat led market gains, while Stanbic IBTC, ETI, NGX Group, and Cornerstone advanced, as Fortis Insurance, McNichols, and Academy Press topped the losers’ chart.
Billionaires gained $265 billion in a day amid US-Iran ceasefire optimism. Mark Zuckerberg leads with $12.8 billion as Meta shares surge, despite year-to-date losses
Bearish sentiment hit Nigerian equities as profit-taking in Zenith Bank Plc and May & Baker Nigeria Plc drove losses amid a broad market decline on Monday.
Nigerian billionaire Abdulsamad Rabiu's net worth surged as BUA Cement Plc and BUA Foods Plc shares rallied strongly on the Nigerian Exchange during market gains.
Apostle Folorunso Alakija has launched a N1.3 billion grant under the Flourish Africa programme, targeting female entrepreneurs, with applications closing soon.
Aliko Dangote hits $32.5bn, ranks 64th globally, tops Africa rich list, extends lead as wealth rises amid strong NGX-driven industrial profit surge.
Nigerian billionaire Abdulsamad Rabiu's net worth has surged to $14.6bn, making him Africa's third-richest man, driven by BUA Cement and ambitious expansion plans.
A Nigerian dentist went viral after the world's richest man, Elon Musk liked his comment on X, prompting him to celebrate online and frame the notification.
Billionaires
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