Billionaires
Dangote rival, Abdul Samad Rabiu doles out N5.5 billion to 22 institutions via ASR Africa Initiative
The Abdul Samad Rabiu Africa Initiative has given about N5.5 billion to 22 tertiary institutions in Nigeria for infrastructure, health and social development.
3,000 Nigerians lost millionaire status as report reveals African countries with most millionaires in 2023
About 3,000 Nigerians have lost their millionaire status, a recent ranking by Henley and Partners, which ranked millionaires and billionaires in Africa, says
Forbes unveils 10 richest women in the world in 2023: 4 inherited wealth from their husbands
The latest Forbes report of the world's wealthiest women shows that 13% of the top ladder of the world's richest persons is occupied by women, with over $400bn.
UBA to recover N56.16bn debt with sale of Abuja disco, move drives up share price to one-month high
United Bank of Africa is set to sell Abuja Electricity Distribution Company to recover its N56.16 billion debt owed by Kann Consortium, a major stakeholder.
Cash or more Shares: MTN Nigeria gives shareholders 5 days to make N288bn decision
MTN Nigeria has given its shareholders five days to decide if they want their dividends in cash or shares as it prepares to pay out N288 billion in a few days.
Elon Musk loses crown: Forbes releases annual list of 25 richest people in the world for 2023
Forbes has released its annual billionaire list showing major changes which include the dethronement of Tesla CEO, Elon Musk by billionaire Bernard Arnault
Davido earns millions from youtube in two days as 'timeless' album crosses over 4m views
David Adeleke populary known as Davido is the new wave of Nigeria music space after releasing his Timeless album on big Digital Service providers like youtube.
BUA foods set to share N81 billion to shareholders, Rabiu, brother to get 95% share
Kano billionaire Abdulsamad Rabiu and his brother, who are the largest shareholders of BUA Foods, are poised to receive over N75bn as dividend payments in 2022.
Davido's Timeless hits one million streams in 6 hours as Jay-Z's net worth rises to $2.5 billion
American rapper Jay-Z has become the world's wealthiest rapper with about $2.5 billion in net worth as Nigerian singer, Davido's album grosses one million.
Billionaires
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