The Asset Management Corporation of Nigeria (AMCON), the agency tasked with the job of recovering non-performing loans in the country, has clamped down on assets owned by Nigerian billionaire Jimoh Ibrahim. AMCON secured a court order that ratified the seizure of Ibrahim’s properties as the businessman is said to be[Read More…]
On Tuesday November 17th, news broke that Nigerian politician and businessman, Orji Uzor Kalu, had declared his interest to acquire 35% stake in Arsenal FC.
Tony Elumelu, has been bestowed with the honorary distinction of Officer in the Order of Leopold by the Belgian Government. Business Elites Africa understands that the event took place on Sunday night in Brussels.
In a world, especially in Africa, where women have little opportunities to build hugely successful businesses like their male counterparts, Nigerian billionaire, Folorunsho Alakija is one of the few who proved it could be done, and she has inspired more African women to dare the impossible. Alakija did not become[Read More…]