Nigerian energy mogul Ernest Azudialu-Obiejesi is poised to solidify his status as a prominent player in the international business arena with the imminent acquisition of a $76-million Gulfstream G-700 jet …
BUA Cement Plc, Nigeria’s second largest cement producer, intends to decrease cement prices in Nigeria from N5,500 to N3,500. Abdul Samad Rabiu, the company’s chairman, shared this decision with reporters …
Equity Group Holdings Limited (EGHL), the Kenya-based financial services provider led by James banker Mwangi, has mobilized about $4.46 billion to support businesses domiciled in two of its most effective …
The passing of Egyptian billionaire businessman Mohamed Al-Fayed, the former owner of Harrods department store and father of the late Dodi Fayed, has ignited a fierce contest among his four …
King Mohammed VI of Morocco has donated MAD 1 billion ($98 million) to a relief fund aiding victims of the Sept. 8 earthquake. The donation, which was made on Thursday, …
The Egyptian billionaire Ghabbour family has seen the market value of their equity stake in GB Corp slump by more than $26 million over the past 43 days due to …
San Francisco and Lagos-based fintech giant Flutterwave, led by Nigerian tech billionaire Olugbenga Agboola, has unveiled plans to inject $50 million into Kenya, fueled by mounting confidence in the imminent …
Nigerian banking giant Zenith Bank has reported remarkable financial results for the first half of 2023, with profits soaring by a staggering 161.85 percent, propelling Jim Ovia, one of Nigeria’s …