Billionaires
Dangote Cement to distribute money to shareholders amid cement price hike, announces payment date
Dangote Cement Plc has proposed raising the dividend payment to shareholders by 50% to N30 per share for year ending December 31, 2023, according to a disclosure.
Like Dangote, another Nigerian billionaire’s company announces completion of gas plant
Nigerian indigenous energy company, Ardova Plc (AP), owned by billionaire Abdulwasiu Sowami, has completed its new gas plant located in Ojora, Lagos State.
Dangote begins search for oil tanker for refinery, sets start date
Oil tankers are needed for a three-month contract to transport supplies from West Africa to the refinery on behalf of billionaire Aliko Dangote's company.
Billionaire Obi Cubana launches electric car-hailing service in Abuja to rival Bolt, Uber, others
Nigerian billionaire businessman Obi Cubana has unveiled his Enviable Transport e-hailing service in Abuja with electric vehicles to deliver safe transportation.
Nigerian billionaire builds hospital in another state after making donation to Nigerian university
Nigerian billionaire TY Danjuma who is regarded as one of the richest investors on the NGX has unveiled the Daisy Danjuma Eye Hospital in Takum, Taraba State
After Otedola emerged chairman, FBN Holdings becomes Nigeria’s biggest lender by market cap
On Monday, February 16, FBN Holdings, the parent company of First Bank, the oldest commercial bank in Nigeria, achieved its highest valuation to date.
BUA finally explains why its cement sold above N3,500/bag despite slashing cost
According to Kabir Rabiu, the group executive director of BUA Group, there was indeed a price reduction per bag, from N5,500 to N3,500, from October 2, 2023.
Nigeria’s second richest man, Abdul Samad Rabiu, discloses Issues with FX as naira crashes to lowest
Abdul Samad Rabiu, Nigeria's second wealthiest man, has said the problem with foreign exchange in Nigeria is artificial and manipulative but improving.
Naira devaluation wipes off $3 billion from Dangote's wealth in one week, drops in ranking
Africa's richest man, Aliko Dangote, has dropped in Billionaire raking after losing about $3 billion in one week due to naira devaluation by Nigeria.
Billionaires
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