…business," he explained.Asika also pointed to a wider trend of private entrepreneurs and high-net-worth individuals showing growing interest in owning and building football clubs in Nigeria, suggesting the duo are ahead of a curve that others are now beginning to follow.Davido’s manager reacts to talk of singer joining…

…lost nearly half of its dollar millionaires over the past decade, with the population of high-net-worth individuals falling by 47 per cent between 2015 and 2025, according to the 2025 Africa Wealth Report by Henley & Partners in collaboration with New World Wealth. Despite the sharp erosion in private wealth, Nigeria r…

…(PFAs). Notably, 78% of the capital raised came from PFAs, while the balance was from High-Net-Worth Individuals (HNIs), corporate investors, and FCMB Asset Management Limited (FCMBAM). FCMBAM, as Fund Manager, invested 3% of the Offer size, as required by regulation.This successful outcome reflects the continued confi…

…told Nairametrics that bids in excess of $5 billion were received, largely from high-net-worth individuals and institutional investors. While a significant portion of the funding is believed to have come from offshore investors and domestic institutional pools, capital market sources who spoke on condition of anonymity…