Nigeria’s drive for energy security has taken another significant step forward with Aradel Holdings sealing a domestic gas supply agreement with Nigeria LNG Limited (NLNG). At the centre of this development is Adegbite Falade, the Managing Director and Chief Executive Officer of Aradel Energy, who continues to strengthen the company’s role as a key contributor to Nigeria’s energy transition. […]
TK Muya’s Family Bank Sets Sights on $48 Million Capital Raise to Deepen Market Presence
Family Bank, the Kenyan lender founded by businessman Titus Karanja (TK) Muya, is preparing to raise 7 billion shillings (about 48 million US dollars) in fresh capital, a move that underscores its ambitions to cement its position among the country’s mid-tier banks. The initiative is expected to support balance sheet expansion, strengthen its capital adequacy, and fund strategic growth […]
Stella Okoli’s $23 Million Pharma Plant Signals New Push for Nigeria’s Health Independence
Nigeria’s pharmaceutical industry has received a major lift as business leader and founder of Emzor Pharmaceutical Industries, Stella Okoli, announced the completion of a $23 million state-of-the-art manufacturing plant. The facility, located in Shagamu, Ogun State, is positioned to scale up local drug production and reduce the country’s heavy reliance on imported medicines. The project represents one of the […]
Aliko Dangote Crowned World’s Richest Black Billionaire in Forbes 2025 Ranking
Aliko Dangote stands at the summit once more. Forbes has named the Nigerian magnate, founder of Dangote Group, the richest Black billionaire on the globe in its 2025 list. His estimated net worth of approximately $23.9 billion places him 83rd among the world’s wealthiest individuals. The leap in Dangote’s fortune stems largely from the operational launch of Africa’s largest […]
Femi Otedola Shares Business Journey in Memoir ‘Making It Big’
Femi Otedola has released his memoir, Making It Big: Lessons from a Life in Business. The book officially launched in London on August 18 and is available worldwide in both hardcover and paperback. Otedola reveals his early ambitions, business setbacks, and eventual success across oil, power, real estate, and finance. He writes with a direct, reflective voice that traces […]
Barbie Celebrates Venus Williams With Special Edition Doll
Barbie has released a new doll in honour of tennis legend Venus Williams. The doll, which forms part of Barbie’s “Role Models” series, recognises Williams not only for her career achievements but also for her influence in fashion, business and advocacy for equal pay in sport. The release carries weight because Williams has spent more than two decades breaking […]
Yobe Teenager Crowned World’s Best in English at 2025 TeenEagle Global Finals in London
Seventeen-year-old Nafisa Abdullah Aminu stood calmly on stage as the final scores were announced at the TeenEagle Global Finals in London. When her name was called as the overall global winner in English language skills, she smiled modestly. But back home in Nigeria’s Yobe State, the moment hit like a thunderclap. A girl from one of the country’s most […]
Serena Williams Champions Infant Health with $32 Million Backing of Nara Organics
When Serena Williams moves, the world watches. Her latest move isn’t on a tennis court but in the boardroom, and it speaks to something far more personal: the health of infants. The sporting legend and business powerhouse has thrown her support behind Nara Organics, a premium infant formula brand, joining a $32 million funding round aimed at shaking up […]
Nigeria’s Ademola Adeyemi-Bero Sets Sights on Tanzania’s Gas Frontier with First E&P
Nigerian oil magnate Ademola Adeyemi-Bero is positioning his company, First Exploration and Petroleum Development Company (First E&P), for a calculated expansion into East Africa. The Lagos-based upstream energy firm has expressed keen interest in Tanzania’s growing gas sector, marking a significant pivot in regional energy dynamics and underlining the ambition of Nigerian energy players to play a broader continental […]
Five-Time Queens: D’Tigress Crowned a Dynasty with AfroBasket 2025 Victory
A huge history was cemented in Kigali on Sunday night as Nigeria’s D’Tigress clinched their fifth consecutive AfroBasket Women’s Championship title after outplaying a determined Malian side in a fierce and emotionally charged final. The victory makes them the first team, male or female, to win the continental trophy five times in a row. The final whistle triggered more […]