Ayokunle and Rotimi Otedola, both accomplished businessmen in their own rights and siblings of prominent billionaire Femi Otedola, have jointly invested N1.67 billion ($3.62 million) in Geregu Power Plc.... Continue

German multinational sportswear giant Adidas faces a potential revenue loss of €1.2 billion ($1.3 billion) in 2023 if it is unable to sell its existing Yeezy stock following the... Continue

The African Development Bank has appointed Ahmed Rashad Attout as Acting Director, Financial Sector Development Department, effective 1st December 2022. A seasoned and results-oriented banker, Attout, an Egyptian citizen,... Continue

Frontline Payment Service Bank, MoneyMaster PSB on Wednesday February 8, formally launched its market offering and flagship product, G-Kala at a special stakeholder event that included regulators, market and... Continue

Flutterwave, the San Francisco and Lagos-based fintech unicorn led by Nigerian tech billionaire and entrepreneur Olugbenga Agboola, is set to launch its North African operation after successfully securing Payment... Continue

Following a significant decline in his net worth in 2022, billionaire mogul Aliko Dangote is quickly recouping the prior year’s wealth losses thanks to a recent increase in his... Continue