Billionaires
"We're brothers": Drama as Tony Elumelu spends N23bn to take back Transcorp from Otedola
There is a chess game ongoing between two charismatic Nigerian billionaires, Femi Otedola and Tony Elumelu, over who takes control of Transnational Corporation.
Otedola, Elumelu, Heirs Holding, others emerge as top shareholders in Transcorp valued at N120bn
Tony Elumelu recently confirmed that fellow billionaire Femi Otedola acquired some stakes in Transcorp, the company he has controlled for more than 12 years.
"It can speak": Meet Alex, World's most realistic robot that costs N3.68bn, has 3M followers on TikTok
Three Russian researchers have created a realistic human-like robot that can look like a woman, can speak clearly, and it is reported to sell for N3.6 billion.
Dangote, others brace up as new dollar billionaires emerge in Africa in 2023
There are new African dollar billionaires with substantial net worth operating in different segments of the African market, from banking to real estate, etc.
"Switch phones freely": WhatsApp finally releases new feature highly requested by users for years
WhatsApp's new update enables users, including Nigeria, to conveniently use a single phone number on multiple devices, enhancing flexibility, and convenience.
Elon Musk loses $13 billion as Arnault’s LVMH threatens to overtake Tesla in market cap
Elon Musk is now in a distant second position on the list of wealthiest persons in the world following the drop in the share prices of his car company, Tesla
From Oil and Gas to Power: The many businesses of Femi Otedola
Femi Otedola recently announced that he had acquired a 5.5% stake in Transcorp Limited, extending his business fleet from shipping to oil and gas and finance.
“He is everywhere”: Dangote close to buying French club Valenciennes FC
Aliko Dangote, Nigeria and Africa's richest man is reportedly close to acquiring a 60% stake in French Club Valenciennes FC after a failed bid for Arsenal.
“I look forward to working with Transcorp”: Otedola clears air on purchase of shares
Femi Otedola has confirmed his acquisition of over 2 billion Transcorp shares worth about N6 billion and says he looks forward to working with the company.
Billionaires
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