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Dangote Tops Forbes Africa Billionaires List for 14th Consecutive Year
Four prominent Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola, have been listed among Africa’s richest individuals in the 2025 Forbes Africa Billionaires List.....KINDLY READ THE FULL STORY HERE▶
For the 14th consecutive year, Aliko Dangote, founder of the Dangote Group, retained his position as Africa’s richest person. His net worth skyrocketed to $23.9 billion from $13.9 billion last year, thanks to the full valuation of his massive refinery project. Dangote’s conglomerate spans various sectors, including cement, sugar, flour, salt, real estate, and oil and gas.
Mike Adenuga, founder of Globacom, ranked fifth with a net worth of $6.8 billion. He is followed by Abdulsamad Rabiu of BUA Group, whose wealth is estimated at $5.1 billion. Rabiu’s company has significant interests in cement, sugar, and oil.
Femi Otedola, the chairman of Geregu Power Plc and First Holdco Plc, also made the list, ranking 16th with a fortune of $1.5 billion — a notable 30% increase due to the surge in Geregu Power shares.
According to Forbes, the continent’s billionaire club has expanded to 22 members with a combined net worth of $105 billion, surpassing the previous record of $100 billion. South Africa leads the list with seven billionaires, while Nigeria and Egypt follow with four each.
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NNPP Rejects Atiku, Says “We Don’t Want To Be Part Of ADC”.
The New Nigeria Peoples Party (NNPP) has dismissed claims by former Vice President Atiku Abubakar that it is part of the African Democratic Congress (ADC) coalition.....KINDLY READ THE FULL STORY HERE▶
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2027: “Obi-Kwankwaso Ticket Will End Election By 12pm” – Tanko.
National Coordinator of the Obidient Movement, Yunusa Tanko, has said the 2027 presidential election would be concluded by 12 noon if a Peter Obi–Rabiu Kwankwaso ticket emerges under the African Democratic Congress (ADC).....KINDLY READ THE FULL STORY HERE▶
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Nigeria Extradite Murder, Drug Trafficking Suspect To UK.
The Nigeria Police Force has extradited a fugitive, Matthew Chukwuemeka Adebiyi, to the United Kingdom over allegations of murder and drug trafficking.....KINDLY READ THE FULL STORY HERE▶
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