Connect with us

Headline

Dangote, Adenuga, Abdulsamad, Otedola Make Forbes List With $26 Billion

Published

on

 

Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the top richest Nigerians in 2024.

This comes as the combined wealth of Nigeria’s top three richest businessmen dropped slightly by 11.23 per cent to $25.3bn, according to the Forbes Real-Time Billionaires released on Tuesday.

The three Nigerians are the President/Chief Executive of the Dangote Group, Aliko Dangote; BUA Group Chairman, Abdul Samad Rabiu, and Globacom boss, Mike Adenuga.

The figure was a reduction of $3.2bn from $28.5bn recorded by the business moguls in 2023.

A breakdown shows that the fortune of the founder of Dangote’s group reduced slightly from $14.2bn in 2023 to $13.4bn.

The wealth of the chairman of BUA group also reduced marginally to $5.2bn in 2024 from $8.2bn in 2023 while Adenuga’s fortune increased from $6.1bn to $6.7 billion within one year.

Meanwhile, Nigerian business magnate, Otedola, was listed as a new entrant to the billionaire list with a total net worth of $1.4bn

On the list, Dangote,ranked at number 144, was described as the richest man in Africa and the richest Black man in the world.

His business empire, Dangote Group, is one of the largest private-sector employers in Nigeria as well as the most valuable conglomerate in West Africa.

Adenuga, ranked at number 409 n the Forbes list, is a Nigerian billionaire businessman, his company Globacom is Nigeria’s second-largest telecom operator and also has presence in Ghana and Benin Republic.

He owns stakes in the oil exploration firm, Conoil.

Forbes estimated his net worth at $6.7bn in 2024.

Rabiu is a Nigerian billionaire businessman and philanthropist, the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5bn and was ranked at number 581 in the Forbes list.

While, Otedola is a Nigerian businessman and philanthropist and the current executive chairman of Geregu Power Plc

 

He is ranked at number 2,152 with a networth of $1.4bn

He is the founder of Zenon Petroleum and Gas Limited, and the owner of a number of other businesses across shipping, real estate and finance.

He has recently invested in power generation as part of the liberalisation of the sector in Nigeria.

According to Forbes, there are 2,781 individual billionaires globally.

It labelled 2024 as a year for the planet’s billionaires, whose fortunes continue to swell as global stock markets shrug off war, political unrest and lingering inflation.

Forbes said, “There are now more billionaires than ever: 2,781 in all, 141 more than last year and 26 more than the record set in 2021. They’re richer than ever, worth $14.2tn in aggregate, up by $2tn from 2023 and $1.1tn above the previous record, also set in 2021. Two-thirds of the list’s members are worth more than a year ago; only one-fourth are poorer.

“Much of the gains come from the top 20, who added a combined $700bn in wealth since 2023, and from the U.S., which now boasts a record 813 billionaires worth a combined $5.7tn. China remains second, with 473 (including Hong Kong) worth $1.7tn, despite weak consumer spending and a real estate bust that helped wipe out $200bn in wealth and knocked 89 billionaires from the ranks. India, which has 200 billionaires (also a record), ranks third.”

“In all, 265 fresh faces are new to the World’s Billionaires. The richest of all is Italy’s Andrea Pignataro, a former Salomon Brothers bond trader behind financial software firm ION Group. He’s worth an estimated $27.5bn.”

According to th magazine, other notable newcomers include the founder of the Raising Cane’s fast-food chain Todd Graves ($9.1bn); Maggie Gu, Molly Miao and Ren Xiaoqing ($4.2bn each); three cofounders of fast-fashion giant Shein; iconic high-heel designer Christian Louboutin ($1.2bn); and Elon Musk pal, and Tesla and SpaceX investor, Antonio Gracias ($1.1bn).

It stated that its “World’s Billionaires list” was a snapshot of wealth using stock prices and exchange rates from March 8, 2024.

Headline

Unknown Gunmen Abduct Channelstv Reporter In Port-harcourt

Published

on

 

Some unknown gunmen have kidnapped Joshua Rogers, the ChannelsTV reporter in Port-Harcourt, the Rivers State capital.

Politics Nigeria learnt that Rogers was picked up close to his residence at Rumuosi in Port Harcourt and to an unknown destination by the gunmen around 9pm on Thursday, April 11.

The reporter was driving his official ChannelsTV branded car when the hoodlums accosted, pointed a gun at him and took him away in the same vehicle.

 

Rogers was said to be returning from his official assignment in Government House after a trip to Andoni for a government event when the incident happened.

Already, the gunmen were said to have contacted his wife and demanded a N30million ransom for bis release.

His cameraman confirmed the incident and appealed to his abductors to set him free unconditionally.

Continue Reading

Headline

Lassa Fever Kills 150 In Nigeria — NCDC

Published

on

 

According to the Nigeria Centre for Disease Control and Prevention (NCDC), 150 people died from Lassa virus in 125 local government areas throughout 27 states in the federation between January and March 2024.

The NCDC reported that the deaths were recorded with a case fatality rate (CFR) of 18.6% overall from week one to week thirteen, 2024. This is higher than the CFR for the same time in 2023 (17.5%).

In its Lassa Fever Situation Report Epi Week 13, which was released on March 25–31, 2024, the agency revealed that 806 of the 5,295 suspected cases that were recorded were confirmed. Eyes Of Lagos reports,

According to the report, in week 13, the number of new confirmed cases decreased from 25 in Epi week 12, 2024 to 15. These cases were reported in Ondo, Bauchi, Plateau and Edo states.

 

In total for 2024, 27 states have recorded at least one confirmed case across 125 LGAs, even as 62 percent of all confirmed Lassa fever cases were reported from Ondo, Edo, and Bauchi states, while 38 percent of cases were reported from 24 states with confirmed Lassa fever cases.

Of the 62 percent confirmed cases, the NCDC said Ondo reported 24 percent, Edo 22 percent, and Bauchi 16 percent. The predominant age group affected is 31-40 years (Range: 1 to 98 years, Median Age: 32years), with a male-to-female ratio for confirmed cases of 1:1.

From the report, the number of suspected cases (5,295) increased compared to that reported for the same period in 2023 (4,338).

The agency confirmed that the National Lassa fever multi-partner, multi-sectoral Incident Management System has been activated to coordinate response at all levels at the Emergency Operations Centre, EOC.

No new healthcare worker was affected in the reporting week 13, the report noted.

Continue Reading

Facebook

Trending