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Business

Money makes the world go round, learn about those who spin the wheel

Business

Forbes: Rupert, Dangote Top Africa’s Richest List, Rabiu and Adenuga Miss Spot in Top 5

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria — Forbes magazine's latest list of the wealthiest individuals in Africa reveals that two of Nigeria's most prosperous entrepreneurs, Abdul Samad Rabiu,...
Business

Billionaire Abdul Rabiu Invests Additional $4.8 Million in BUA Cement

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria - Abdul Samad Rabiu, the chairman of BUA Group, has invested an additional $4.8 million into BUA Cement Plc. As per a recent...
Business

Ibom Air Apprehends Alleged In-flight Laptop Thief Amid Crackdown on Airborne Crime

Ekemini Ekwere | News Reporter -
UYO, Nigeria - A suspect identified as Ogeneochuko David was apprehended on Tuesday, July 25, 2023, on Ibom Air’s Lagos-to-Abuja flight for allegedly stealing...
Business

South African Diamond Tycoon Nicky Oppenheimer Rakes in $370 Million in 17 Days

Manny Akpan | Business & Economy Editor -
JOHANNESBURG, South Africa - Nicky Oppenheimer, the second richest man in South Africa and third in Africa, has seen his fortune grow by a...
Business

Apple Founder’s Widow, Laurene Powell Jobs, Sees $5 Billion Drop in Wealth

Manny Akpan | Business & Economy Editor -
NEW JERSEY, USA - Laurene Powell Jobs, widow of Apple co-founder Steve Jobs and a billionaire businesswoman in her own right, has seen a...
Business

Tesla’s Tumble Dethrones Musk, Bernard Arnault Reclaims Richest Man Title

Manny Akpan | Business & Economy Editor -
NEW YORK, USA - According to the latest Forbes billionaire index data, Elon Musk, the 52-year-old maverick CEO of Tesla, has been ousted from...
Business

MacKenzie Scott’s Wealth Swells by $10.5 Billion, Fuelling her Philanthropic Fervor

Ima Matthew | Sub Editor -
NEW YORK, USA - MacKenzie Scott, the philanthropist, accomplished author, and former wife of Jeff Bezos, has seen a substantial surge in her net...
Business

X Marks the Tweet: Musk Transforms Twitter With Bold New Logo

Mitchel Jordon | Tech Contributor -
SAN FRANCISCO, USA - The bird has taken flight, and X marks the spot. Elon Musk, the maverick CEO of SpaceX and the new...
Business

A Bruising Drop: Elon Musk’s Fortune Tumbles $20.3 Billion as Tesla Cuts Prices

Manny Akpan | Business & Economy Editor -
NEW YORK, USA - Tesla CEO Elon Musk's wealth fell severely on Thursday, July 20, 2023, as his fortune plunged by $20.3 billion. This came...
Business

Nigerian Marketer Takes Lead in Deregulated Oil Sector with $17 Million Petrol Shipment

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria — Emadeb Energy Services Limited, an oil marketer, has become the first to seize opportunities in Nigeria's deregulated downstream oil sector, importing...
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