A recent list compiled by Billionaires.Africa has shaken up the rankings on the Nigerian Exchange, revealing that Abdul Samad Rabiu, the leading billionaire businessman and industrialist, has overtaken Aliko Dangote as the richest investor in the country. According to data tracked by Billionaires.Africa, Rabiu’s holdings in his publicly listed businesses …
Read More »Police retrieve exhumed bodies kept at Palace after Ofori Panin Fie sold cemetery to investor
The Suhum District Police Command in the Eastern Region on Thursday, April 20, 2023 stormed Amanase Chief’s Palace to retrieve skeletons of exhumed human bodies kept at the palace. The bodies were exhumed from the royal cemetery in the community after it was reportedly sold to an investor by Okyenhene …
Read More »Cedi depreciation shows mid-year budget review failed to win investor confidence – Mahama
Former President, John Dramani Mahama has said the continuous depreciation of Ghana’s cedi “in recent days, clearly shows that the mid-year review of the 2022 budget failed to win back the confidence of the investor community”. The cedi as of August 9 is selling at GH¢9.12 to the US Dollar. …
Read More »Twitter investor sues Elon Musk and platform over takeover bid
A Twitter investor is suing Elon Musk and the social media platform over the handling of the billionaire’s $44bn (£34.9bn) bid for the company. The case alleges he violated California corporate laws in a number of ways. It accuses the Tesla boss of “wrongful conduct” as his “false statements and …
Read More »Controversy hits Black Sherif’s camp, investor considering lawsuit
Fast-rising musician Black Sherif has been hit with a barrage of accusations after he allegedly ditched his investor and manager Snap Chavis Wayne. The musician is said to have gone behind Snap Chavis and signed a contract with Empire Entertainment, a US-based record label despite the investor’s misgivings about the …
Read More »Ghana’s richest investor in banking is worth over US$9 million – Report
Wealthy Ghanaian businessman Daniel Ofori’s investment in Ghana’s fourth-largest bank, Societe Generale Ghana, is now worth GH¢57.9 million (US$9.03 million), owing to a rise in the firm’s shares in 2021. Societe Generale Ghana, a subsidiary of the French international investment bank Societe Generale, operates as one of 17 operational divisions …
Read More »C/R: Angry youth clash with chief over sale of cemetery to private investor
The Youth of Mempeasem in the Assin Fosu Municipality of the Central Region have clashed with the Chief of the area over his alleged attempt to sale the cemetery in the area to a private investor. The youth said they only got to know of the development when they were …
Read More »NPP PC to introduce ‘Alumi’ Lamborghini inventor to Foreign Affairs Minister
The parliamentary candidate of the governing New Patriotic Party (NPP) for the Anyaa Sowutuom constituency, Dr Dickson Adomako Kissi has promised to introduce the 18-year-old JHS graduate, Mr Kelvin Odartei who locally made a Lamborghini to the incumbent MP for the Sowutuom constituency and also the Minister of Foreign Affairs …
Read More »