Brands & PeopleEnergy

Billionaire Mike Adenuga to receive $3.1 million in dividends from Nigerian oil company

Mike Adenuga, a Nigerian billionaire and telecom tycoon, is set to receive a N1.29-billion ($3.1 million) dividend from his stake in Conoil Plc after the petroleum marketing company reported a triple-digit percent increase in earnings. Adenuga, the founder of Nigeria’s second-largest telecom services provider, Globacom Limited, owns 74.4 percent of Conoil through one of his companies, Conpetro…
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Join Temi Ajibewa in this Business Workshop

Are you a female entrepreneur or professional looking for ways to make more money from what you love? Are you about to start your own business, launch your new startup idea, or do you want to take your business to a global level? Do you want to triple your business profits…

Tesla CEO Elon Musk acquires 9.2% stake in Twitter

Tesla CEO Elon Musk has acquired a 9.2 per cent stake in Twitter, making him its largest shareholder. Mr Musk owns 73,486,938 shares of Twitter, which represents a 9.2 per cent stake in the company, according to the US Securities and Exchange Commission (SEC)13G filing released on Monday. The stake is worth $2.89 billion, based on Twitter’s closing price Friday. The announcement raised…
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10 BrandsBlockchain

Nestcoin Raises $6.45M In Pre-Seed Capital

Nestcoin, a global web3 startup, has raised $6.45 million in pre-seed capital, according to a press release. The Nigeria-based company aims to make crypto accessible primarily in frontier markets and their new funding will go toward their mission. Pre-Seed…