Billionaires
Nigerian oil magnate Wale Tinubu gains N31.38 billion from sale of Oando shares
Nigerian business tycoon Wale Tinubu has amassed a whopping N31.38 billion in 17 days from the shares sale of Oando on the floor of the Nigerian Exchange.
Dangote inducts graduate trainees, says 250,000 more jobs to be created
Dangote group said in a statement that its ongoing investments in vital economic areas to support job creation and the creation of decent jobs were irrevocable.
Elon Musk hints on plan to start charging 550 million users monthly on X, gives reasons
Elon Musk has revealed plans to start charging Nigerians and 500 million other users for using the social media platform and has defended his reasons.
After announcing plan to drop cement prices, Abdulsamad Rabiu joins top 500 world billionaires again
The depreciation of the naira due to FX policy caused a sharp loss in the value of Rabiu's assets, making him fall off the Bloomberg Billionaires Index on June 2023
Abdulsamad Rabiu meets Tinubu, promises to slash BUA Cement price to N3,000 for Nigerians
Nigerian billionaire and chairman of BUA Group, Abdul-Samad Rabiu, has announced plans to reduce cement price after meeting President Bola Tinubu.
Air Peace owner Allen Onyema orders 5 new aircraft worth over N200bn, reveals plans
Air Peace, Nigeria's largest airline, has continued to show that it is ready to compete internationally with other airlines and has called for government support.
New details reveal why Zimbabwe, 2 African countries banned Elon Musk's Starlink
South Africa, Zimbabwe, and Senegal have banned the services of Elon Musk's Starlink in their countries with serious consequences, mostly due to regulatory concerns.
Dangote announces plan to cut dependence of fuels to meet climate goals
Dangote Cement Plc has announced the company is looking beyond fuel for its operations amid rising cost of production and concerns over climate change.
Dangote, Elumelu, others lose over N200bn in 4 hours as stocks market reacts to Nigeria downgrade
Nigerian stock investors recorded significant losses amid negative sentiment following FTSE Russell's downgrading of NGX from 'Frontline' to 'Unclassified Market.
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