Billionaires
List of top 10 richest men in the world as Elon Musk loses position
The list of the richest men in the world in 2024 has adjusted with Elon Musk, and Mark Zuckerberg changing positions and led by French billionaire.
After increasing cement price, BUA Group approves 50% increase in workers' salaries
The leader of the manufacturing conglomerate BUA Group, Abdul Samad Rabiu, has authorised a dramatic 50% increase in employees' pay throughout the company.
Food company owned by Nigerian billionaire invests $200 million in sugar estate
BUA Foods Plc, owned by Abdul Samad Rabiu, Nigeria's second-richest man, has invested about $200 million in sugar estate to expand the company's product line.
Femi Otedola's Geregu power crosses N2 trillion in valuation, competes with Dangote, BUA, others
Geregu Power, owned by billionaire investor, Femi Otedola, has crossed the N2 trillion mark in market capitalisation at the Nigerian Exchange Limited.
Good news for Dangote, others as FG gives tax break to refinery builders
FG has made available a range of tax breaks and incentives to businesses building new refineries within the country to increase domestic refining capacity.
Rihanna, Taylor Swift top list of 10 youngest female billionaires in 2024
The list of the top 10 youngest female billionaires in 2024 comprises music stars, entrepreneurs and those who inherited family businesses to continue the legacy.
"Be our Valentine": Cuppy causes stir with steamy video at club, male fans shoot shots
Billionaire daughter DJ Cuppy recently put up a video of her at a club as she enjoyed the time of her life. She also spotted an unusual outfit. Read more here.
Femi Otedola to earn $17.6m from Geregu Power as firm remains only trillion naira company on NGX
Femi Otedola will earn an astounding $17.6 million dividend from his investment in Geregu Power, which places him as one of the top earners in Nigeria.
“Great lights”: Sanwo-Olu, Elumelu mourn late Access Bank CEO, Herbert Wigwe
The Governor of Lagos State Babajide Sanwo-Olu, and United Bank for Africa, Tony Elumelu, has reacted to the death of Herbert Wigwe, the Group CEO of Access.
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