Billionaires
After earning N180bn on first trading day, power firm owned by Nigerian billionaire rises to N2.2trn
Transcorp Power, a subsidiary of Transcorp Corporation, has hit the N2 trillion valuation mark two days after it listed on the Nigerian Exchange Limited.
Mohammed Dewji, Africa’s youngest billionaire set to increase wealth, compete with Dangote
The youngest billionaire in Africa and richest individual in Tanzania, Mohammed Dewji, intends to strategically invest $150 million to expand his company, MeTL Group
After gifting money to students, Nigerian billionaire Otedola to begin another philanthropic project
Nigerian billionaire Femi Otedola, who chairs FBN Holdings and Geregu Power, has stated plans to build staff quarters at the Nigerian Law School's Lagos campus.
French billionaire overtakes Jeff Bezos to become richest man in the world, Elon Musk drops
The list of the richest men in the world has adjusted again, with Jeff Bezos not lasting more than 24 hours at the top, while Elon Musk drops further in ranking.
“Withdraw your funds”: Binance announces discontinuation of Naira services, shares money to traders
Binance urged users to use their NGN assets for cryptocurrency conversion, NGN withdrawal, or NGN trading before these NGN services will be discontinued
Elon Musk loses world’s richest man title to Jeff Bezos, Dangote jumps 4 places
There are big changes in the list of the world's richest men, as Jeff Bezos is now ahead of Elon Musk, while Aliko Dangote has also moved up in ranking.
Dangote Cement to distribute money to shareholders amid cement price hike, announces payment date
Dangote Cement Plc has proposed raising the dividend payment to shareholders by 50% to N30 per share for year ending December 31, 2023, according to a disclosure.
Like Dangote, another Nigerian billionaire’s company announces completion of gas plant
The federal government's move to crash cooking gas prices is set to get a major boost as two Nigerian companies have announced the completion of a gas plant.
Dangote begins search for oil tanker for refinery, sets start date
Oil tankers are needed for a three-month contract to transport supplies from West Africa to the refinery on behalf of billionaire Aliko Dangote's company.
Billionaires
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