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Tuesday, October 6, 2026
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CATEGORY

Wealth

MTN Nigeria Insider Sells Stake Through NGX

An insider at MTN Nigeria Communications Plc has offloaded a portion of their equity holding in the telecom giant, executing a multi-million-naira share divestment...

Elumelu Raises Seplat Stake to 21% With £53 Million Share Purchase

Nigerian billionaire Tony Elumelu has bought another 6 million shares in Seplat Energy Plc, raising his stake in the country's biggest listed oil producer...

Wema Bank CEO Oseni Buys 3.1 Million Shares Worth N98.9 Million

Wema Bank Plc Chief Executive Officer (CEO) Moruf Oseni has bought 3.09 million of the lender's shares, worth about N98.8 million. The purchase came...

Zuckerberg’s Push For ‘Personal Superintelligence’ Adds $25 Billion To His Fortune

An almost 12% surge in Meta Platforms shares on Monday fueled by a raise in Wells Fargo’s price target on the stock and investor...

Forbes Values Femi Otedola at Record $2 Billion on First HoldCo Surge

Forbes has officially updated its real-time valuation of Nigerian billionaire Femi Otedola to $2.00 billion, marking the highest figure ever attributed to the investor...

Dangote Now Worth Over $51 Billion on Forbes Wealth List

Per Forbes’s real-time index, Africa’s richest man Aliko Dangote has seen his net worth surge from $28.5 billion to $51.3 billion following a $2.5...

Dangote’s Wealth Set to Jump Past $56 Billion, Into World’s Top 40 on IPO

Nigerian billionaire, Aliko Dangote is currently worth $35.5 billion on the Bloomberg Billionaires Index (BBI), ranking him as the 64th richest person globally, with...

Elumelu’s Seplat Stake Delivers $14.45 Million Interim Windfall as Oil Bet Keeps Paying

Tony Elumelu’s investment vehicles are poised to collect about $14.45 million from Seplat Energy Plc’s latest shareholder payout, marking another cash return from the...

Billionaire Otedola Targets Over 51% Stake in First HoldCo

Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has indicated that he intends to build a controlling stake of more than 51%...

Dangote’s Fortune Nears $51 Billion After Refinery Placement Resets Valuation

Aliko Dangote's fortune is on track to jump by roughly $16 billion, to about $51.2 billion, according to MoneyCentral's estimates that applied the pricing...

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