Nigerian business magnates, Abdul Samad Rabiu of BUA Group, and Alhaji Aliko Dangote of the Dangote Group may have put their pasts behind.
There seems to be trouble for Africa’s richest woman, Isabel dos Santos, as Portugal has frozen dozens of her personal and corporate accounts.
Forbes Magazine has released the 2020 version of its annual richest African billionaires ranking. The list has four Nigerians, as Dangote leads the pack.
Femi Otedola said that construction works Dangote Refinery is 70% completed, even as the fertiliser plant is all ready for commissioning.
Isabel dos Santos of Angola has finally been dragged to court, charged with money laundering and mismanagement of public assets.
Nigeria's foremost industrialist and Africa's richest man, Alhaji Aliko Dangote, is taking a very strategic step towards diversifying and protecting his vast wealth.
In the Nigerian equity market, 2019 was not a very good one for many investors as the NSE All-Share Index ended the year with a 14.6% loss.