Economy

Motus Holdings’ stock surge added over $10 million to Niall Lynch’s stake, highlighting renewed investor confidence in the automotive group’s performance

Naguib Sawiris’ net worth dips below $10 billion after gold prices fall, cutting more than $170 million from his fortune

Eight Nigerian mining entrepreneurs are redefining the country’s mineral wealth with legitimate, transparent ventures in gold, steel, gemstones and lithium

BP’s victory, Shell’s loss, and NLNG’s penalty mark a turning point in the global LNG industry’s legal and market balance.

Richemont rally boosts Johann Rupert’s wealth by $4.6 billion this year, pushing his fortune to $18.3 billion, the highest gain among African billionaires

A Lagos court has authorised banks to seize assets of Nestoil and affiliates over a $1 billion debt linked to tycoon Ernest Azudialu

Harmony Gold finalises its $1.01 billion acquisition of MAC Copper Limited, marking a decisive expansion into Australia’s copper mining industry

KEY POINTS Okomu Oil’s profits double because of high demand for palm oil. Sales of palm and rubber go up, which makes revenue go up by 67 percent. Costs of …

KEY POINTS Dangote Refinery suspends naira sales from Sept. 28. Labour unions protest mass layoffs of over 800 workers. Analysts warn petrol prices could rise above N900. Nigeria’s Dangote Petroleum …

KEY POINTS FAAN to enforce cashless payments at airports from Sept. 29, 2025. Rollout starts in Lagos and Abuja, covering gates, car parks, lounges. Partnership with Paystack aims to modernize …