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Nigerian Billionaire Adebayo Ogunlesi has been appointed to the OpenAI Board of Directors. As the founder, chairman, and CEO of Global Infrastructure Partners, a major player in infrastructure investment, and a senior managing director at BlackRock, Ogunlesi brings a wealth of experience in finance, investment, and international market strategies to the table. …Read More

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Wealth in Africa is a multifaceted concept, deeply influenced by cultural, economic, and social factors unique to the continent. Traditionally, wealth was measured by tangible assets such as livestock, land, and the size of one’s family. In many African societies, a rich individual was often one who could freely discuss their wealth…Read More

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As technology improves, it’s changing how businesses work and how people in Nigeria buy things or use services. These changes can make things easier and cheaper, but they also can be tough for traditional industries that might find it hard to keep up. Here are 6 industries in Nigeria that might struggle to stay the same by … The post 6 Industries in Nigeria That Could Disappear by 2040 appeared first on Business Elites Africa…Read More

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Nigeria, Africa’s top oil producer, is gearing up to boost its refinery operations. In the first half of 2025, nine refineries across the country are set to process a staggering 143 million barrels of crude oil. This development is part of a broader plan to enhance the country’s domestic refining capacity and reduce reliance on imported … The post These Nigerian Refineries Will Process 143 Million Barrels of Crude in Q1 2025 appeared first on Business Elites Africa…Read More

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