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Ghanaian billionaire’s bank in Liberia almost ‘bankrupt’

SIB Liberia Limited (SIBL), a financial institution owned by a prominent Ghanaian billionaire, is teetering on the brink of insolvency, as reported by FrontPage...

Independent Africa

Dangote continues to hold title of billionaire despite state of economy

For 13 years in a row, Aliko Dangote of Nigeria is named the wealthiest person in Africa by Forbes magazine, even through the tough...

Independent Africa

Son of a South African billionaire takes sole control of Nigeria’s biggest beverage can manufacturer

Jonathan Oppenheimer, son of South African billionaire Nicky Oppenheimer, has acquired complete control of GZ Industries Ltd., Nigeria's largest beverage can manufacturer, in a...

Business

Third richest person in Africa close to making $10b net worth – Report

South African billionaire Nicky Oppenheimer has experienced remarkable financial success this year, witnessing a surge in his net worth by over $1.3 billion, inching...

Independent Africa

South Africa’s World Cup pay dispute resolved by a billionaire

The president of the Confederation of African Football (Caf), Patrice Motsepe, has stepped in to resolve a salary dispute between the South Africa women's...

Business

Africa’s first Black billionaire Patrice Motsepe gains $200m in 19 days

Patrice Motsepe, a billionaire from South Africa, has seen a nice improvement in his financial situation, recovering some of the losses he sustained earlier...

Business

Zimbabwe: Richest man sees his net worth fall by $100m

Zimbabwe’s richest man Strive Masiyiwa, who recently regained his status as one of Africa’s billionaires with a net worth exceeding $2 billion, has experienced...

Independent Africa

Femi Otedola speaks on Transcorp saga and ties with Elumelu

A billionaire from Nigeria, Femi Otedola, has claimed that his choice to purchase Transcorp shares was only motivated by his desire to uncover the...

Independent Africa

Firm of Nigerian billionaire Mike Adenuga dragged to court over alleged $775,000 debt

An oil and gas conglomerate, Conoil Producing Limited, owned by Nigerian billionaire Mike Adenuga, has been sued by Eastline Energy Resources Limited, a Nigerian-owned...

Entertainment

Photos: Davido honours invitation to Tony Elumelu’s residence for his daughter’s 21st birthday party

On Wednesday, Tony Elumelu, a multibillionaire businessman and the Group Chairman of United Bank for Africa, hosted Davido to his mansion to celebrate the...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia