Billionaires
Zenith Bank Strengthens Presence in Delta State With Latest Branch Launch
Bank Deepens Financial Inclusion in Delta State Zenith Bank has expanded its operations in Delta State with the opening of a new branch in Osubi, Okpe Local Government Area. The branch becomes the first commercial bank presence in the Osubi community. It also strengthens the bank’s strategy to improve access…
Read More »Jeff Bezos Says AI Will Create Labour Shortages, Not Mass Job Losses
Amazon founder Jeff Bezos has rejected fears that artificial intelligence will make human workers irrelevant, arguing instead that AI could create a shortage of labour by expanding what people and companies are able to do. Speaking at the VivaTech technology conference in Paris, Bezos pushed back against growing concerns that…
Read More »Tony Elumelu’s United Capital Acquires 5% Stake in NGX Group, Strengthening Nigeria’s Capital Markets
United Capital, the investment banking group led by billionaire Tony Elumelu, has purchased a 5% stake in Nigerian Exchange Group (NGX). The acquisition positions United Capital as a significant shareholder and links the firm’s success directly to Nigeria’s capital markets. The acquisition signals a shift from merely participating in the…
Read More »Africa’s Richest Billionaires in 2026 and the Industries Behind Their Wealth
Africa’s billionaire class reached a new high in 2026, showing how much private capital now shapes the continent’s economy. According to Forbes’ 2026 Africa billionaires list, 23 African billionaires were worth a combined $126.7 billion. Their wealth came from sectors that power daily life, including cement, banking, telecoms, luxury goods,…
Read More »Elon Musk Becomes World’s First Trillionaire as SpaceX IPO Makes History
Elon Musk has reached a wealth milestone no one has ever achieved. The SpaceX CEO has officially become the world’s first trillionaire on paper after the company priced its historic initial public offering at $135 per share. The shares are set to trade on Nasdaq under the ticker symbol SPCX,…
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