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2 Key Points The Court of Appeal dismisses Jacqueline Mengi’s review application, upholding the High Court’s ruling on the disputed will. Mengi’s widow contested the High...
2 Key Point BUA Cement’s revenue soared 64.6% to $221.1 million in H1 2024, up from $133.9 million in H1 2023. Energy expenses surged 170% to...
37 Key Point Geregu Power’s H1 2024 revenue surged 132.5% year-over-year to $51.9 million, driven by increased energy sales and capacity charges. Profit soared 148.5% year-over-year,...
Key Points: Geregu Power, led by Femi Otedola, is a frontrunner to acquire a government-sold power plant, boosting its generation capacity. Geregu signed an MoU with...
This gain follows a period of decline, with Alami Lazraq’s shares in ADI dropping by $17.39 million between May 15 and 23 The post Moroccan real...
Key Points: African billionaire Benedict Peters’ mining company Bravura denies Zimbabwe plans to seize its concessions, calling the reports “unfounded” and “malicious.” Bravura says its key...
Key Points: Tony Elumelu, chairman of UBA Group, is reinvesting all his $4-million dividend, urging shareholders to do the same. UBA Group reported impressive 2023 financials,...
1 Raya Customer Experience (Raya CX), a subsidiary of Raya Holding, a Cairo-based investment group partly owned by Egyptian businessman Medhat Khalil, has furthered its expansion...
1 Renowned Nigerian gambling magnate Kessington Adebutu has seen a notable decline in his wealth due to a recent drop in the market value of his...
37 Africa’s first Black billionaire, Patrice Motsepe, has seen his net worth decline by another $100 million in just six weeks, adding to an earlier $100...
