Billionaires
Sources explain why Dangote Refinery missed December 2023 deadline to begin sale of its product
Unresolved issues with regulatory permissions have caused the Dangote Petrochemical Refinery to postpone its plan to introduce fuel to the Nigerian market in January
After slashing price by 21%, Elon Musk picks Nigerian company to sell its Starlink in Africa
The distribution of Starlink's kits in Nigeria and throughout Africa has been granted to TD Africa, a distribution company operational in the country.
After Dangote, Abdul Samad Rabiu loses $2.7 billion to naira devaluation
One of Nigeria's richest men, Abdul Samad Rabiu, has lost $2.7 billion due to the currency reforms by the Nigerian government leading to a decline in his net worth
Meet 10 women richer than Dangote, Rabiu, Adenuga in 2024
The list of the world's wealthiest women has hit a new high from 12 to 13 per cent as more women continue to join the trend of managing family businesses
Mark Zuckerberg overtakes Bill Gates, former world's richest man in new ranking, Dangote gains
Facebook founder Mark Zuckerberg has overtaken Microsoft Bill Gates in the new billionaire ranking as Aliko Dangote, gained about $1 billion in seven days.
Dangote loses $5 billion in 24 hours, drops out of first 100 billionaires in the world
Aliko Dangote lost $5 billion in 24 hours after Nigeria devalued its currency again. Dangote also dropped from 81st wealthiest person to 113th in the world.
After South Africa, another African country rejects Elon Musk’s Starlink internet application
The satellite internet company Starlink, owned by Elon Musk, dreams of providing its service across the world but continues to hit roadblocks in Nigeria.
Tony Elumelu, shareholders smile to bank as Transcorp's profits surge to N34 billion
Tony Elumelu-led Transcorp has celebrated phenomenal growth as annual profit doubled to N34.1 billion in full-year 2023, thanks to surging energy income.
First Bank lists Otudeko’s firm as majority investor, Otedola drops to second position
Barbican Capital Limited, owned by Oba Otudeko, has emerged as the majority investor in FBN Holdings Limited, with Femi Otedola dropping to the second position.
Billionaires
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