Femi Otedola, the billionaire Chairman of First HoldCo Plc, has significantly consolidated his control over Nigeria’s oldest financial institution (First Bank of Nigeria), raising...
Guaranty Trust Holding Company Plc (GTCO) has allotted a ₦10 billion private placement to a single, undisclosed institutional investor. Sources tell MoneyCentral the stake...
The Chairman of First HoldCo Plc, Femi Otedola, has acquired ₦14.8 billion worth of additional shares marking a significant consolidation of power in Nigeria’s...
Six members of the family of Adegbite Falade, the Managing Director and CEO of Aradel Holdings Plc, purchased 293,600 units of the company’s shares...
Zenith Bank CEO/ Group Managing Director Dr. Adaora Umeoji has splashed N732.6 million ($488,000) to purchase eleven million (11 million) new shares of the...
Warren E. Buffett’s letters to shareholders, part of Berkshire Hathaway’s annual reports since 1965, are regarded as a source of wisdom for future investors.
Unfortunately,...
BY ICONIC REALTY
The ₦32 Million Question: Two Colleagues, Two Choices, One Clear Winner
In 2019, two Lagos professionals earning similar salaries made different housing decisions....
Enko Capital, an Africa-focused hedge fund, has raised $100 million for its private credit strategy for mid-sized firms.
The alternative asset manager, which oversees $1.3...
Roosevelt Ogbonna, chief executive officer of Access Bank Plc, bought a mansion for £15 million ($20 million) on a street in London’s Hampstead neighborhood...