Nigerian tycoon Tony Elumelu's UBA posts $189.6-million profit in H1 2024
The double-digit decline in profits can be attributed to UBA’s higher expenses, coupled with a drop in trading and foreign exchange gains.
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With over two decades of experience across industries, Unuigbe, CEO of Petralon Energy, is a leading energy mogul in Africa.
Abdul Samad Rabiu’s BUA Cement posts $62 million profit in Q1 2025
Pre-tax profit for the first quarter of 2025 surged to $62 million, marking a significant increase from the same period last year.
Gabriel Ogbechie’s Eterna stake declines by $6.3 million
In just two months, his holdings have lost N10.16 billion ($6.32 million) due to the recent decline in stock price.
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Patrice Motsepe’s firm barred from phosphate asset
Conservationists have fought against the project from the start, warning it could cause lasting damage to one of South Africa’s most sensitive ecosystems.
Johann Rupert’s Richemont finalizes YNAP divestment to Mytheresa
Richemont finalizes $609.7 million YNAP divestment to Mytheresa, marking a major shift in luxury e-commerce and boosting Mytheresa’s global market position.
Vukile, led by Laurence Rapp, completes $7.5 million Bedworth Center upgrade
The upgrade is part of Vukile’s ongoing effort to invest with real purpose, shaping spaces that are built around the people who use them every day.