Kano Billionaires top Forbes list of Africa’s Richest people 2021
Written by Kunle Awosika
25 January, 2021
After a year in which Covid-19 ravaged the world and hit economies badly, only 3 Nigerians - Aliko Dangote of the Dangote Group, Mike Adenuga of Globacom and Abdul Samad Rabiu of BUA Group appeared on the 2021 annual Forbes Ranking of billionaires ranking 1st, 5th and 6th respectively in Africa with networths of US$12.1bn, US$6.5billion, and US$5.5billion respectively.
Cars45, Gokada Announce Alliance To Drive Consumer Convenience
Written by Kunle Awosika
22 January, 2021
Nigeria's leading tech-enabled automotive trading platform, Cars45 and last mile delivery service provider, Gokada, have announced a partnership to provide Lagosians with more options to get their parcels delivered across the state at a cheaper price within the same day.
Apel Asset Refutes US-based billionaire, Adigun’s N3b Investment In Fidelity Bank
Written by Kunle Awosika
20 January, 2021
Apel Asset Limited on Monday refuted the claim by Mr. Oluleye Adigun to invest N3bn in Fidelity Bank as published by some online publications at the weekend, quoting the News Agency of Nigeria (NAN).
US-based Nigerian billionaire to invest N3b in Fidelity Bank
Written by Kunle Awosika
16 January, 2021
US-based Nigerian billionaire, Oluleye Adigun has revealed ongoing effort to invest N3 billion ($6.8million) in Fidelity Bank through shares acquisition.
Heirs Holdings Significantly Expands Oil and Gas Portfolio... acquires 45% of OML 17 from Shell, Total and ENI
Written by Kunle Awosika
15 January, 2021
Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI. In addition, TNOG Oil and Gas Limited will have sole operatorship of the asset.
BUA donates 3 Emergency COVID-19 ambulances, 100,000 facemasks to Yobe
Written by Kunle Awosika
15 January, 2021
As COVID-19 cases continue to rise across Nigeria, BUA has donated three ambulances and 100,000 facemasks to the Yobe State Government as part of its social support and humanitarian commitment to combat the COVID-19 pandemic in the country.
FirstBank Launches Virtual Payment Card
Written by Kunle Awosika
15 January, 2021
First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account.
City Tasty Confectioneries pampers distributors and staff with New Year gifts
Written by Kunle Awosika
13 January, 2021
The New Year started on an amazing note for staff and distributors of fledgling bakery, City Tasty Confectioneries, as the management of the company doled many gifts to them, at the end of the year party of the company held days back, at the headquarters on Remi Olagunju drive, Aboru, Iyana Ipaja, on the outskirts of Lagos state.
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