The Business Side – Business stories, strategy and market intelligence from Africa.

Abdulsamad Rabiu’s net worth nears $19billion

Nigerian industrialist Abdul Samad Rabiu’s net worth has climbed to approximately $18.7 billion, bringing the BUA Group founder within touching distance of the $19 billion mark. According to estimates based on the Bloomberg Billionaires Index, Rabiu added about $8.5 billion to his fortune during the first five months of 2026. The increase briefly positioned him…

July 27, 2026

Latest Business Stories

Abdulsamad Rabiu’s net worth nears $19billion

Nigerian industrialist Abdul Samad Rabiu’s net worth has climbed to approximately $18.7 billion, bringing the BUA Group founder within touching distance of the $19 billion mark. According to estimates based…

July 27, 2026
Jim Ovia says real estate more profitable than banking

Jim Ovia’s Real Estate Pivot Signals a Shift in Nigeria’s Profit Landscape Jim Ovia, founder and largest individual shareholder of Zenith Bank Plc, has announced a strategic pivot to focus…

July 26, 2026
Tinubu’s reforms are changing the rules of business in Nigeria, but who is really paying the price?

President Bola Ahmed Tinubu has spent the last two years forcing Nigeria into one of the boldest economic resets we have seen in recent times. From removing fuel subsidy to…

July 25, 2026
Sim Shagaya’s Myka wants to do for insurance what agency banking did for fintech

Myka Aims to Do for Insurance What Agency Banking Did for Fintech Sim Shagaya, the entrepreneur behind Konga, has launched Myka, a licensed digital insurance broker in Nigeria. Myka allows…

July 25, 2026
FG launches N729 billion bond to complete power sector debt reduction phase

Nigeria’s power sector has long been the headache no one wants to fully cure. Today, the Federal Government launched a N729 billion bond, part of the Presidential Power Sector Debt…

July 25, 2026
Andersen Group Inc. Expands African Platform with Acquisition of Two Nigerian Member Firms

When Andersen Group Inc., a global consulting giant, decides to acquire not one but two Nigerian firms, you know there’s more than just a business deal at play. Andersen Tax…

July 25, 2026

Markets & Money

Abdulsamad Rabiu’s net worth nears $19billion

Nigerian industrialist Abdul Samad Rabiu’s net worth has climbed to approximately $18.7 billion, bringing the BUA Group founder within touching distance of the…
Jim Ovia says real estate more profitable than banking

Jim Ovia’s Real Estate Pivot Signals a Shift in Nigeria’s Profit Landscape Jim Ovia, founder and largest individual shareholder of Zenith Bank Plc,…
Tinubu’s reforms are changing the rules of business in Nigeria, but who is really paying the price?

President Bola Ahmed Tinubu has spent the last two years forcing Nigeria into one of the boldest economic resets we have seen in…

Startups & Companies

Policy & Africa

Why Africa’s Biggest Brands Are Shrinking Everything?

The corporate embrace of sachet products in Africa represents a masterclass in low-margin, high-volume retail strategy. Global conglomerates like Unilever and Nestlé, alongside local giants, have…
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June 14, 2026
How Policy Decisions Shape Small Business Survival in Nigeria

Policy decisions dictate the razor-thin margin between survival and collapse for small businesses in Nigeria. Radical macroeconomic shifts specifically the permanent removal of fuel subsidies and…
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June 14, 2026

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The richest man in Abuja had this to say about poor people…

June 24, 2026

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Business stories, strategy and market intelligence from Africa, curated for people building, investing and paying attention.