Abdul Samad Rabiu has added $4.47 billion to his fortune in 2026, pushing his net worth to $14.6 billion as BUA Group posts record revenue of N1.18 trillion.
Nigeria's cocoa processing plants struggle with infrastructure and financial challenges, operating at just 8% capacity. Efforts to revitalize the sector are underway.
Former Nigerian President Obasanjo clarifies his meeting with Southeast governors, stating the focus was on regional development issues like security, infrastructure, and economic growth, not Nnamdi Kanu's release.
Nigerian Works Minister David Umahi defends the Lagos-Calabar Coastal Highway project, calling critics who question its funding and economic viability "unpatriotic." The project is expected to improve connectivity between Nigeria's economic hubs and boost national growth.
Abdul Samad Rabiu has added $4.47 billion to his fortune in 2026, pushing his net worth to $14.6 billion as BUA Group posts record revenue of N1.18 trillion.
Tosin Eniolorunda's Moniepoint has acquired Orda Africa, embedding cloud-based restaurant management software into its platform to serve Africa's largely offline and underpenetrated food service sector.
Nigeria has attracted over $2.6 billion in foreign direct investment into its solid minerals sector in two years, Minister Dele Alake disclosed at the Powering Africa Summit in Washington.