Investment

Mike Adenuga Loses $300million As Net-worth Further Declines To $3.3bn

Mike Adenuga Loses N94.60bn In Conoil Investment

In the first half (H1) of 2025, Mike Adenuga, a Nigerian business mogul, lost N94.60 billion in his investment in Conoil Plc, according to Prime Business Africa’s analysis. Adenuga holds indirect shares

Prime Business Africa

July 29, 2025

Business·Top Stories

Elumelu Family Gains N13bn From Investment In Transcorp, Now Holds N176bn

The investment of the Elumelu family in Transnational Corporation (Transcorp Plc) has increased by N13.15 billion in the second quarter (Q2) of 2025, following an 8.05 percent increase in the company’s share

Prime Business Africa

July 15, 2025

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Top Stories

Femi Otedola Reduces Investment In Geregu Power

Femi Otedola, the chairman of Geregu Power, has reduced his investment in the company, according to the unaudited interim financial statements for the first half (H1) of 2025, released by the firm

Prime Business Africa

July 14, 2025

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·Top Stories

Aliko Dangote Loses N585bn As Investment In Dangote Cement Drops

The investment of Aliko Dangote in Dangote Cement dropped by N585.96 billion in the second quarter (Q2) of 2025, according to analysis by Prime Business Africa. Note that the billionaire holds 14.64

Prime Business Africa

July 10, 2025

Rabiu Abdulsamad’s Food Company Makes N418.34 billion From Sugar, Flour Sales

Business·Top Stories

Abdul Samad Rabiu’s Investment In BUA Cement Rises To N3.15trn

Within three months, the investment of Abdul Samad Rabiu in BUA Cement increased by N386.97 billion, as the billionaire profited from the bullish sentiments of stock market investors in the second quarter

Prime Business Africa

July 9, 2025

Business·Top Stories

Mike Adenuga’s Investment In Sterling Bank’s Parent Company Drops By N615m

The investment of Mike Adenuga, the founder of Globacom, in Sterling Financial Holdings Company Plc, parent company of Sterling Bank, dropped in the first quarter (Q1) of 2025, according to analysis by

Prime Business Africa

May 19, 2025

Business·Top Stories

Nneka Onyeali-Ikpe’s Net Worth In Fidelity Bank Now N1.98bn After Increasing Shares

Nneka Onyeali-Ikpe, the managing director and chief executive officer (CEO) of Fidelity Bank, now holds N1.98 billion net worth in the financial institution after raising her shares by 25 million in 2024.

Prime Business Africa

May 16, 2025

Business·Top Stories

Segun Agbaje Makes N482.88m From GTCO’s Bullish Run

Segun Agbaje, the group managing director (GMD) of Guaranty Trust Holding Company (GTCO), saw his investment in the lender appreciate by 20.35 per cent between January 2 and May 14. According to

Prime Business Africa

May 15, 2025

Business·Top Stories

Wale Tinubu Loses N77bn In Five Months As Oando Struggles To Attract Investors

Wale Tinubu, the chief executive officer (CEO) of Oando Plc and a nephew of Bola Tinubu, the President of Nigeria, saw his net worth in the oil and gas company decline by

Prime Business Africa

May 14, 2025

FBN Holding Appoints Otedola As Chairman Days After Return To Forbes African Billionaires

Business·Top Stories

Femi Otedola Loses N27.8bn As Investments In First HoldCo, Geregu Fall

Femi Otedola, the chairman of Geregu Power and First HoldCo, has lost a total of N27.8 billion year-to-date, according to an analysis of his stock market investments by Prime Business Africa. The

Prime Business Africa

May 9, 2025

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Mike Adenuga Loses N94.60bn In Conoil Investment

Elumelu Family Gains N13bn From Investment In Transcorp, Now Holds N176bn

Femi Otedola Reduces Investment In Geregu Power

Aliko Dangote Loses N585bn As Investment In Dangote Cement Drops

Abdul Samad Rabiu’s Investment In BUA Cement Rises To N3.15trn

Mike Adenuga’s Investment In Sterling Bank’s Parent Company Drops By N615m

Nneka Onyeali-Ikpe’s Net Worth In Fidelity Bank Now N1.98bn After Increasing Shares

Segun Agbaje Makes N482.88m From GTCO’s Bullish Run

Wale Tinubu Loses N77bn In Five Months As Oando Struggles To Attract Investors

Femi Otedola Loses N27.8bn As Investments In First HoldCo, Geregu Fall

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