Billionaires
Despite earning $50.9 million in 24 hours, Dangote loses $8.7 billion to naira’s crash against USD
Aliko Dangote, Nigeria's and Africa's wealthiest man, has lost significant wealth as the Nigerian currency depreciated against the US dollar and other currencies.
Analysts, others forecast high yield Commend Trancorp shares as firm lifts NGX in one week
Analysts and stockbrokers across Nigerian have spoken highly of the potential of Transcorp shares after its subsidiary, Transcorp crossed the N2 trillion market cap.
Tony Elumelu's Heirs Energies extends gas supply to 188MW Geometric Power as Abia enjoys steady power
Heirs Energies, which provides gas to the Nigerian national grid and other plants has commenced supply to the much celebrated Geometric Power Plant in Aba.
Tony Elumelu explains why Nigeria is experiencing poor electricity, gives solution
Transnational Corporation (Transcorp) chairman Tony Elumelu has urged the federal government to sell transmission lines and reform the electrical sector.
Starlink increases hardware price by 112% in Nigeria to reflect new naira to dollar exchange rate
Elon Musk's Internet company, Starlink, has announced the increase in prices for its hardware amid the continued depreciation of the naira against US dollar.
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.
Billionaires
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