![L-R: Managing Director, BGL Securities Limited, Arnold A. Dublin-Green; Assistant Vice President, Financial Derivatives Limited, Dr. Ifeoma Nwokolo; CEO, Centre for the Promotion of Private Enterprise [CPPE], Muda Yusuf (speaker); Chairman of the Occasion, Chief Paul Usoro; Dean, Lagos Business School, Information Systems, Prof. Olayinka David-West; Managing Director/CEO, Financial Derivatives Company, Bismarck Rewane; Group Chief Branding & Communications Officer, Dangote Industries Limited, Anthony Chiejina at Dangote Petroleum Refinery & Petrochemicals IPO Roadshow tagged “Back to where it all began” in Port Harcourt. Rivers State on Monday, October 12, 2026…](https://pmparrotng.com/wp-content/uploads/2026/10/Dangote-imagee-180x135.jpg "As Dangote Refinery’s IPO Nears Close, Small Investors Take Center Stage")
The Confederation of African Football has announced Wednesday an increase in prize money for all of its inter-regional competitions.
The winner of the African Cup of Nations to be hosted in Gabon will pick a $4 million prize money, which is a 64% increase from a previous $1.5 million. The runners-up will also take home $2 million.
This increase comes four months after CAF signed an agreement with new sponsor, French petroleum group Total. The oil giant signed an eight-year contract for an estimated amount of a little over one billion dollars (EUR 915 million).
The CAF Champions League which previously gives a $1.5 million prize money, now awards $2.5 million while the CAF Confederations Cup saw an increase of almost 90% with the winners taking a total of $1.25 million against the previous $660,000.
Also, the winner of the CAF Total Chan tournament will take home $1.25 million as against the previous $750,000.
Packaged by Olanrewaju Agiri
