Billionaires
Nigeria’s richest woman, Folorunso Alakija, secures 6 oil blocks in Sierra Leone
Folorunso Alakija, Nigeria’s richest woman has secured exploration rights for a substantial offshore acreage in Sierra Leone, according to a statement released.
After setting up refinery to rival Dangote, Nigerian billionaire signs deal to build gas plant
The BUA Group has signed a major agreement with an energy equipment manufacturing company to build a 700-ton-per-day gas plant to aid it operations in Nigeria
Indian billionaire’s company raises share in Airtel By $115 million to compete with Adenuga, others
Sunil Mittal, an Indian billionaire, has increased his stakes in Airtel Africa with $115 million in a bid to dominate the telecommunication sector on the continent
Nigerian billionaires, investors affected as Netherlands ends important visa scheme
The Netherlands has announced the cessation of its Golden Visa Scheme for investors effective January next year but said existing ones remain valid until then.
Nigerian billionaires Dangote, Adenuga, Rabiu record more wealth growth than peers in Africa in 2023
A report by UBS, a multinational investment bank and financial services company, found that the billionaire’s wealth in Nigeria rose to $28.5 billion in April 2023
“Think of what you have”: PZ sends clear message on ‘plans’ to leave Nigeria after over 100 years
PZ Cussons Nigeria Plc has provided clarification to reports on plans to leave Nigeria after over 100 years amid ongoing move to delist shares from NGX.
“I know your sleepless night”: Otedola praises Dangote, shares 4 impressive features of refinery
Femi Otedola has extolled Aliko Dangote's testament to visionary leadership and relentless pursuit of excellence following the completion of the refinery.
Otedola emerges second Nigerian billionaire with Shares in two firms worth over N1trn
Femi Otedola's investments in First Bank and Geregu Power have made him the second Nigerian billionaire with stakes in two companies worth over N1 trillion.
Femi Otedola earns $6.8bn in 24hrs from FBN shares, emerges one of the richest investors in NGX
Billionaire businessman, Femi Otedola, has earned about N6.8 billion in 24 hours from the sales of his shares in First Bank, making one of NGX's richest investors
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