Bloomberg Billionaires Index: Aliko Dangote Maintains Africa’s Richest Person Status Amid Currency Fluctuations
In the face of a fluctuating Nigerian currency against the dollar, Aliko Dangote, the President of Dangote Group, has maintained...
Seplat vows to complete $1.3 billion ExxonMobil acquisition.
Seplat Energy Plc, a Nigerian and London-listed energy company, has reaffirmed its commitment to acquiring oil and gas assets from...
Stock Futures Indicate Positive Outlook as Second Quarter Nears End.
As the second quarter of 2023 draws to a close, stock futures showed a slight increase, pointing towards solid gains...
Zenith Bank’s Market Cap Surpasses One Trillion Naira as Shares Soar by 3.23%
Zenith Bank, one of Nigeria's leading financial institutions, has witnessed a significant increase in its market capitalization, surpassing the one...
“Johann Rupert, Africa’s Richest Man, Sees $300 Million Drop in Net Worth Following Richemont Share Decline”
Africa's wealthiest individual, Johann Rupert, has encountered a significant decline in his net worth shortly after claiming the title. Based...
Ugandans Sue TotalEnergies Over Alleged Human Rights Violations in Massive Oil Projects.
Twenty-six Ugandans, along with five Ugandan and French aid groups, have filed a lawsuit against French oil giant TotalEnergies in...
UAC of Nigeria PLC Elects Khalifa Adebayo Biobaku as Vice Chairman of the Board.
UAC of Nigeria PLC, a leading conglomerate in Nigeria, announced the election of Mr. Khalifa Adebayo Biobaku as the Vice...
Lagos Commodities and Futures Exchange Launches N5 Billion Eko Rice Contract.
In a remarkable move aimed at bolstering agricultural assets in Nigeria, the Lagos Commodities and Futures Exchange (LCFE) has taken...
Nigerian States External Debt Burden Soar to N3 Trillion as Naira Floats.
In the wake of the Central Bank of Nigeria's (CBN) decision to float the naira, the 36 states and the...
Airtel Africa supports CBN Foreign Exchange Rate Unification.
Airtel Africa has expressed its support for the recent changes announced by the Central Bank of Nigeria (CBN) regarding the...
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