Arthur Andersen News

After decades of building up his cement business and expanding into sugar, flour, oil, and other commodities, Aliko Dangote today is worth $18.6 billion, making him Africa’s wealthiest man and among the world’s richest. Credit: Jon Chase/harvard.edu

The path to profits in Africa: Africa's richest man Dangote describes how businesses can succeed despite obstacles

When Aliko Dangote was building his business, running four cement trucks in Nigeria in the late 1970s, a relative gave him $750,000 to expand. Business was booming — there was a cement shortage — but instead of investing the money in the business, he gave it back.

Oluwatomi Ayodele Somefun, Managing Director, Unity Bank

Ayodele Somefun appointed Managing Director of Nigeria's Unity Bank

Nigeria’s Unity Bank has appointed Mrs. Oluwatomi Ayodele Somefun as the bank’s Managing Director, effective August 11th, 2015.

Nigeria Sovereign Investment Authority (NSIA)

Nigeria's $1B Sovereign Wealth Fund Releases New Website

Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority (NSIA), recently released a revamped version of its website.