Omokolade Ajayi

Get the information and do your due diligence. I chronicle Africa's success stories and track its richest people

[Omokolade Ajayi @0mokolade]

I owe it to myself to go beast mode this year, because the Lion of Judah lives in me.

[Danny @real_skeelz]

@ManLikeIcey lol Atiku Abubakar would split his money in 10
Places and still be richer

[Nairametrics @Nairametrics]

Bharti Airtel Limited has acquired approximately 16.35% of Airtel Africa’s issued share capital from Indian Continent Investment Limited in a share-for-share transaction completed on June 22, 2026. https://t.co/ICReZurjh2

[Prof. Abiodun Adeniyi @adeniyi_prof]

Dele Momodu Leadership Centre, Alalubosa GRA, Ibadan.

[Business Daily @BD_Africa]

High Court clears the way for distribution of Nyachae’s wealth https://t.co/gHzwZqjSAK

[Omokolade Ajayi @0mokolade]

Jesus loves you all and cares so much about us that He died for our sins. Please believe in Him and surrender your life to Him; He has all the answers to make life truly meaningful for everyone.

[Sassy Patriot Gal @SassyPatriotGal]

Her voice! 💃🏾🎤🫶🏻

One of the stars of tonight is Staff Sgt. Hannah Davis, soprano vocalist with “The President’s Own” United States Marine Band. These walkout songs are so good!

#UFCFreedom250 #UFC #MarineBand #HannahDavis #talent #Superstar

[Kenyan Wall Street @kenyanwalstreet]

🚨 Listing Alert

Family Bank has received Capital Markets Authority approval to list on the Nairobi Securities Exchange by way of introduction, with trading set to begin on June 23, 2026.

The move will allow existing shareholders to trade their shares without the bank raising fresh capital.

Family Bank said the listing follows years of preparation and comes after it raised KSh 8 billion in a 2025 private placement.

[Kenyan Wall Street @kenyanwalstreet]

Family Bank to List by Introduction on NSE on June 23

https://t.co/y8xPEloS0w

[Kenyan Wall Street @kenyanwalstreet]

WPP Scangroup Chief Operating Officer Miriam Kaggwa is exiting the Nairobi-listed marketing group on 1 June 2026, ending a three-year tenure.

She held three C-suite roles at the firm: Chief Financial Officer from February 2023, Chief Operating Officer from January 2025, and interim Chief Executive Officer from July to November 2025.

[Forbes @Forbes]

Launched in 1998, Pharos invests in healthcare companies that work to improve care for people in underserved communities.

See the full ForbesBLK 50: Money Masters list: https://t.co/rzv1yr9qUy #ForbesBLK50

[Kenyan Wall Street @kenyanwalstreet]

Nation Media Group Profit/Loss After Tax 1999 - 2025:

🔴 2025: -KSh 308.6 Mn
🔴 2024: -KSh 254.4 Mn
🔴 2023: -KSh 205.7 Mn
🟢 2022: KSh 318.5 Mn
🟢 2021: KSh 493.1 Mn
🟢 2020: KSh 47.9 Mn
🟢 2019: KSh 856.0 Mn
🟢 2018: KSh 1.12 Bn
🟢 2017: KSh 1.31 Bn
🟢 2016: KSh 1.69 Bn
🟢 2015: KSh 2.22 Bn
🟢 2014: KSh 2.46 Bn
🟢 2013: KSh 2.53 Bn
🟢 2012: KSh 2.51 Bn
🟢 2011: KSh 2.01 Bn
🟢 2010: KSh 1.54 Bn
🟢 2009: KSh 1.12 Bn
🟢 2008: KSh 1.30 Bn
🟢 2007: KSh 1.08 Bn
🟢 2006: KSh 783.2 Mn
🟢 2005: KSh 716.2 Mn
🟢 2004: KSh 641.4 Mn
🟢 2003: KSh 602.8 Mn
🟢 2002: KSh 403.8 Mn
🟢 2001: KSh 256.7 Mn
🟢 2000: KSh 203.1 Mn
🟢 1999: KSh 247.6 Mn

[Omokolade Ajayi @0mokolade]

With the N331 billion provision already booked, any recoveries in 2026 would flow directly into profit, strengthening earnings momentum for the year.

[Omokolade Ajayi @0mokolade]

For any discerning investor, UBA shares below N50 remain a steal. At current levels, the stock trades at a P/E ratio of 2.2x, placing it at a notable discount relative to earnings power and peer benchmarks.

[Omokolade Ajayi @0mokolade]

the bulk of these impacts are now largely accounted for and the first-quarter performance suggests stress linked to FX exposure and large credit impairments is over.

[Bloomberg @business]

Billionaire Nassef Sawiris is shutting down his family office’s London branch https://t.co/57kAkt3NHL

[Bloomberg @business]

Capitec said it will pay a dividend that beat analysts’ estimates after profit at South Africa’s biggest bank by clients jumped to a record for a fifth straight year https://t.co/fLzbGfeWvK

[Kenyan Wall Street @kenyanwalstreet]

@AdvtechGroup is doubling down on Kenya and education is at the center of that bet.

With over 6,000 students across Makini Schools and a KSh 1.29Bn acquisition of Regis Runda, Kenya is now the group’s strongest market outside South Africa and growing fast.

From AI-powered learning tools to surging demand for Cambridge curriculum, this isn’t just expansion it’s a strategic play on the future of education in Africa.

The goal? Scale, impact, and ultimately doubling capacity.

Because in markets like Kenya, education isn’t just a service it’s an investment in the next generation of growth.

https://t.co/XDu3gjsND1

[Reuters Africa @ReutersAfrica]

The Africa Export-Import Bank (Afreximbank) raised $2 billion via a three-year dual tranche syndicated loan, its largest-ever such transaction, it said on Monday. https://t.co/U3zfTZHN2E