Rotary International has selected Nigerian Rotarian Olayinka Hakeem Babalola as its president for the 2026 to 2027 year. His term is set to begin on 1 July 2026. The decision came after the organisation’s Board of Directors convened a special session guided by Rotary’s code of policies to fill the vacancy created when president-elect SangKoo Yun resigned to focus […]
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. […]
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 […]
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 […]
When Marvin Ellison took the reins at Lowe’s in 2018, he inherited a company lagging behind its closest rival, Home Depot. Analysts doubted whether Lowe’s could close the gap. But Ellison, with years of experience at both J.C. Penney and Home Depot, understood retail cycles, consumer behaviour, and the critical role of supply chain strength. His vision was clear: […]
Burkina Faso’s leading financier, Idrissa Nassa, has marked another milestone as Coris Bank International reported a $60 million profit for the first half of 2025. The performance strengthens Nassa’s position as one of West Africa’s most influential bankers and underscores the resilience of the bank he founded nearly two decades ago. Coris Bank, headquartered in Ouagadougou, has steadily grown […]
The global billionaire rankings continue to shift, but the latest Forbes list for 2025 highlights a powerful group of 23 Black billionaires whose influence stretches across industries from cement to technology, sports, entertainment, and finance. This year’s list carries familiar names and new entrants, underscoring how Black wealth creation continues to expand globally. Here is a detailed look at […]
They began as young dreamers, armed with raw talent and pure passion for performance. Today, Rita Dominic, Omotola Jalade-Ekeinde, and Genevieve Nnaji are more than actresses. They are cultural icons whose names are forever etched in the story of Nollywood. Their careers mirror the evolution of an industry that grew from makeshift video productions into a global film powerhouse. […]
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 […]
Alain Nkontchou has forged a defining moment in African banking. The Cameroonian financier will acquire Nedbank’s 21.22 percent stake in Ecobank, a deal worth $100 million through his investment vehicle, Bosquet Investments. This acquisition, subject to regulatory approval, is expected to close in the fourth quarter of 2025. Nkontchou’s connection to Ecobank runs deep. He joined the board in […]
