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Nigeria Now Leading Cement Exporter In Africa – Dangote

Aliko Dangote’s Investment In Sugar Business Grows By N205.78bn

Aliko Dangote, the founder of Dangote Sugar and Africa’s richest person, has seen the value of his investment in the sugar producer increase by 72.15 percent due to the company’s shares being

Prime Business Africa

August 19, 2025

Majority Shareholders Reduce Investments In Lasaco Assurance

Business·Top Stories

Lagos State Reduces Investment In Lasaco Assurance

The two majority shareholders in Lasaco Assurances, Ibile Holdings Ltd, owned by the Lagos state government, and Canon Properties & Investments Ltd, owned by Akin Doherty, have reduced their investment in Lasaco

Prime Business Africa

August 14, 2025

Business·Top Stories

Adeyemi Adeola Increases Stake In Sterling Bank’s Parent Company From 3% To 23%

Adeyemi Adeola, the chairman of Sterling Financial Holdings Company Plc, the parent company of Sterling Bank, has increased his stake in the financial institution to curb the impact of the lender’s share

Prime Business Africa

August 13, 2025

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

Business·Top Stories

Mike Adenuga Buys More Shares In Sterling Financial Holdings After Dilution Reduced Stake

Mike Adenugu, the second majority shareholder of Sterling Financial Holdings Company, parent company of Sterling Bank, has purchased more shares in the lender after a rights issue conducted by the bank reduced

Prime Business Africa

August 8, 2025

Business·Top Stories

Olakunle Alake Increases Stake In Dangote Cement After Acquiring N1.02bn Shares

The non-executive director of Dangote Cement, Olakunle Alake, has marginally increased his stake in the company after purchasing two million shares on July 31. Alake paid N1.02 billion to purchase two million

Prime Business Africa

August 5, 2025

Business·Top Stories

Investing In Wema Bank Shares More Profitable Than Hoarding Dollars In 2025

Year-to-date, investing in Wema Bank has been more profitable than hoarding the United States dollar (USD), according to analysis by Prime Business Africa. Between January 2 and July 23, the dollar has

Prime Business Africa

July 23, 2025

Femi Otedola, First HoldCo Shareholders Lose N60.72bn After Otudeko Exit Lender

Business·Top Stories

Femi Otedola, First HoldCo Shareholders Lose N60.72bn After Otudeko Exits Lender

Femi Otedola, the chairman of First HoldCo, the parent company of First Bank, and the shareholders of the group, lost over N60.72 billion on Friday, July 18, a day after reports emerged

Prime Business Africa

July 18, 2025

Business·Top Stories

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Ikeja Hotel outperformed Transcorp Hotels in the stock market in the second quarter (Q2) of 2025, as stock market investors preferred the former over the latter during the period. According to Prime

Prime Business Africa

July 8, 2025

Business·Top Stories

Molar Vessels Reduces Stake In Caverton Offshore By 6.84% After Taking Out N118.72m

Molar Vessels Supplies Limited, a major shareholder in Caverton Offshore Support Group, has sold off 5.91 million shares to reduce its investment exposure in the marine and aviation company. The investment vehicle

Prime Business Africa

June 27, 2025

Business·Top Stories

Majority Shareholders Tighten Control Over Lasaco Assurance With 7bn Shares

Lasaco Assurance’s majority shareholders, Ibile Holdings Ltd and Canon Properties & Investments Ltd, increased their shareholdings in the company by 7.08 billion shares in the first quarter (Q1) of 2025. According to

Prime Business Africa

June 17, 2025

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Aliko Dangote’s Investment In Sugar Business Grows By N205.78bn

Lagos State Reduces Investment In Lasaco Assurance

Adeyemi Adeola Increases Stake In Sterling Bank’s Parent Company From 3% To 23%

Mike Adenuga Buys More Shares In Sterling Financial Holdings After Dilution Reduced Stake

Olakunle Alake Increases Stake In Dangote Cement After Acquiring N1.02bn Shares

Investing In Wema Bank Shares More Profitable Than Hoarding Dollars In 2025

Femi Otedola, First HoldCo Shareholders Lose N60.72bn After Otudeko Exits Lender

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Molar Vessels Reduces Stake In Caverton Offshore By 6.84% After Taking Out N118.72m

Majority Shareholders Tighten Control Over Lasaco Assurance With 7bn Shares

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