Billionaires
Dangote to supply electricity to Nigerian households, companies
The Dangote Group of Companies intends to generate electricity at the Numan Sugar Refinery and provide it to the national grid in order to increase energy output
Abdulsamad Rabiu retains position in List of Africa’s richest men after making over N1bn in 24hrs
Nigerian second richest man Abdul Samad Rabiu has added over N1 billion to his net worth in just 24 hours to retain his status in Africa rich list.
BUA Food increases prices of sugar, spaghetti after slashing cement price to N3,500
The BUA Group has raised the prices of spaghetti, sugar, and flour less than two weeks after declaring a decrease in the price of cement to N3,500 per bag
Nigeria's 2nd richest man Abdul Samad Rabiu donates over N1.9bn to reconstruct mosque
Abdul Samad Rabiu has announced a massive donation of over N1.9 trillion for the reconstruction of a collapsed mosque located in the heart of Kaduna.
Elon Musk’s Starlink to roll out direct mobile service after slashing hardware cost for Nigerians
The satellite internet company, Starlink, owned by Elon Musk is set to roll out direct-to-cell service in 2024, followed by voice, date, and IoT services
After slashing bag of BUA Cement to N3,500, billionaire Abdulsamad Rabiu’s net worth surges to $7bn
According to Forbes, AbdulSamad Rabiu's net worth increased by $500 million in the last month, rising from $6.5 billion on September 11 to $7 billion.
EU writes Elon Musk on the spread of 'illegal content' on X over Hama-Israeli war
The European Union has sent a strict warning to billionaire businessman Elon Musk over the spread of violent content on the social media company he owns.
“No more N378k”: Elon Musk slashes price of Starlink for Nigerians by 21%, make promises
Elon Musk Internet company, Starlink has announced the reduction in prices for its hardwares followin a fruitful talks with Nigerian Communications Commission (NCC).
ARCON sues Facebook N30 billion for allegedly violating Nigeria’s advertising laws
The Nigerian Advertising Council of Nigeria (ARCO) has filed a lawsuit against Meta Platforms for infractions against advertising laws of Nigeria.
Billionaires
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