Connect with us

Latest News

Six Nigerians Featured In Forbes 2025 List Of World’s Black Billionaires

Published

2 years ago

on

Forbes Magazine has included six Nigerians in its 2025 list of the World’s Black Billionaires. The list, part of Forbes’ annual billionaires ranking, identifies 3,028 billionaires globally, with only 23 being Black, accounting for just 0.8% of the total. Despite their small proportion, these 23 billionaires collectively hold a wealth of $96.2 billion, with significant representation from the finance, energy, and technology sectors.....KINDLY READ THE FULL STORY HERE▶

Leading the Nigerian contingent is Aliko Dangote, Africa’s wealthiest individual, who ranks first among the Black billionaires with a net worth of $23.9 billion. Dangote’s fortune surged by $10.5 billion following the operational launch of his Dangote refinery in early 2024.

Mike Adenuga, the telecommunications mogul and owner of Globacom, follows as the second Nigerian on the list with a net worth of $6.8 billion, placing him fifth overall. Abdulsamad Rabiu, the founder of BUA Group, ranks sixth with $5.1 billion in net worth.

Adebayo Ogunlesi, the CEO of Global Infrastructure Partners (GIP), is ranked 11th with a net worth of $2.2 billion. In October 2024, GIP was acquired by BlackRock for $12.5 billion in cash and shares.

Femi Otedola, chairman of Geregu Power, comes next in the 12th spot with a net worth of $1.5 billion. Otedola earned his fortune in commodities and later shifted investments into the energy sector.

Tope Awotona, founder of the scheduling software startup Calendly, rounds out the list. Awotona, ranked 14th, has a net worth of $1.4 billion, with the company valued at $3 billion in 2021 by private investors.

Related Topics:
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

latest

GRA ROADS: WHY OKPEBHOLO’S DRAINAGE APPROACH MATTERS

Published

11 hours ago

on

October 3, 2026

By

....KINDLY READ THE FULL STORY HERE▶

Lasting roads begin with a clear plan for where rainwater will go. With major repairs planned for the dry season and a proposed drainage connection towards the Ogba River, Governor Monday Okpebholo’s administration has outlined an approach that tackles road rehabilitation and stormwater together.

In this episode of Truth Unveiled, we examine the planning behind that approach—and what its delivery could mean for homes, businesses and everyday movement across Benin’s GRA.

Watch the full podcast.

Continue Reading

Latest News

“THE REBELLION IS ON: Man City Declares Total War On Premier League Chiefs Over Landmark Decision!”

Published

1 day ago

on

October 2, 2026

By

The Appeal: Manchester City has officially filed a comprehensive appeal challenging the findings of the Premier League Commission following its recent disciplinary decision.....KINDLY READ THE FULL STORY HERE▶

  • Filing Timeline and Claims: The club confirmed submitting the appeal at 7:00 PM on Thursday, October 1, 2026, describing the commission’s opinion as unsafe and containing clear material errors of law, principle, and fact while maintaining its complete innocence.

    JPG+ 3

  • The Verdict Details: The independent commission previously found City guilty of financial breaches between the 2009-10 and 2017-18 seasons—including arranging sham contracts to disguise over 830 million pounds in secret funding—as well as failing to fully cooperate with the investigation.

    WEBP+ 2

  • Club and Leadership Response: City expressed surprise and disappointment at the verdict, insisting that comprehensive evidence supports their defense, though public comments remain limited due to ongoing proceedings. Chairman Khaldoon Al Mubarak and CEO Ferran Soriano expressed confidence in proving the club’s innocence.

    WEBP+ 4

  • Pep Guardiola’s Support: Former manager Pep Guardiola reaffirmed his unwavering backing for the club, ownership, staff, and supporters in a social media statement, declaring that they will get through the challenge together.

    WEBP+ 2
Continue Reading

Latest News

3. “Donald Duke is Better Than All Of Them”: Baba-Ahmed Explains Why PRP Is Shaking Up The 2027 Race!

Published

2 days ago

on

October 1, 2026

By

The National Chairman of the People’s Redemption Party (PRP), Dr. Hakeem Baba-Ahmed, has asserted that the party is exceptionally fortunate to feature former Cross River State Governor, Donald Duke, as its presidential candidate for the upcoming 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

A Strong Endorsement for Donald Duke

  • Surpassing Competitors: Speaking during an interview, Baba-Ahmed confidently stated that, candidate for candidate, Donald Duke outperforms all other presidential contenders currently in the political space.

  • Integrity and Capability: He described Duke as part of a visionary leadership blueprint aimed at thinking critically, restoring national dignity, exhibiting true integrity, and offering young Nigerians a leadership style they can genuinely look up to.

The Strategic Push for an Opposition Coalition

Despite possessing what he considers the superior candidate, Baba-Ahmed explained why the party is actively championing a broader political alliance:

  • Consensus Over Ego: The PRP chairman emphasized that the party’s push for a mega-coalition is driven by consensus and constitutional processes rather than forcing Duke’s candidacy through on profile strength alone.

  • Defeating Fault Lines: Framing the 2027 election as a critical turning point for the nation, Baba-Ahmed noted that the stakes go far beyond individual party ambitions. The coalition aims to unite likeminded opposition forces to rescue Nigeria from its current trajectory and bridge its deep fault lines.

Continue Reading

Trending