South African businessman overtakes Dangote, becomes Africa’s richest man

South African businessman overtakes Dangote, becomes Africa’s richest man

Nigerian billionaire, Aliko Dangote loses his title as Africa’s richest man after being overtaken by a South African business magnate Johann Rupert, as revealed by a Forbes Magazine release. The Forbes Daily billionaires ranking platform, which monitors daily fluctuations in the net worth of high-net-worth individuals globally, reported that Aliko Dangote slid to the second position. His wealth decreased from $13.5 billion in 2023 to $9.5 billion at the beginning of 2024.

aliko dangote

Similarly, Nigerian billionaires Rabiu Abdulsamad and Mike Adenuga saw a decline in their rankings on the billionaire list published by the financial magazine. Mike Adenuga, from Nigeria, dropped to the tenth position, and Patrice Motsepe, who was among the top ten in 2023, did not make the cut in the list of the top ten richest men in 2024. One noteworthy change in the Forbes ranking of the wealthiest individuals in Africa is the absence of any women in the top ten richest list at the beginning of the year. The decline in the value of the Naira and other economic challenges are attributed to the reduction in Dangote’s wealth. In the 2024 rankings, Johann Rupert & Family’s wealth decreased from $10.7 billion to $10.3 billion, securing his position as Africa’s richest man amid the decline in the wealth of the long-standing African richest, Aliko Dangote, from $13.5 billion to $9.5 billion.

Johann Rupert

List of Africa’s richest men (Rank, Name and Net worth) 1. Johann Rupert & Family $10.3 billion 2. Aliko Dangote $9.5 billion 3. Nicky Oppenheimer & Family $8.3 billion 4. Nassef Sawiris $7.4 billion 5. Abdulsamad Rabiu $5.9 billion 6. Nathan Kirsh $5.8 billion 7. Issad Rebrab & Family $4.6 billion 8. Mohamed Mansour $3.6 billion 9. Naguib Sawiris $3.3 billion 10. Mike Adenuga $3.1 billion

Anambra businessman requests for military, police for security

Panic as Anambra businessman requests 16 soldiers, 20 policemen, 12 DSS for security

Panic as Anambra businessman requests 16 soldiers, 20 policemen, 12 DSS for security

Popular businessman, Nicholas Ukachukwu has caused a stir as he requests for heavy security of military and policemen during the festivities. This comes following a gun attack on the convoy of Anambra politician, Chief Chris Uba at Uga junction, in Chief Uba’s hometown. The incident took the life of two policemen.

Panic as Anambra businessman requests 16 soldiers, 20 policemen, 12 DSS for security

Businessman, Nicholas Ukachukwu. In separate letters to the state’s security agency chiefs, Ukachukwu—who just wed Miss Universe Nigeria, Mitchel Ihezue—stated that he would require the security personnel due to the insecurity in the area. Ukachukwu wrote to the Commander of the 302 Artillery Regiment in Onitsha in one of the letters, saying: “I humbly write to request for 16 Army security personnel to provide security for me during my program/activities in Anambra State and beyond, scheduled to commence on January 6th to 10th of January 2024, respectively, taken cognizance of security challenges in my home town of Osumenyi in Nnewi South LGA of Anambra State. “The activities are as follows: On the 6th is my arrival and inspection of my personal road project at Osumenyi; on the 7th, the dedication of our village Church which my family rehabilitated and funded; on the 8th of January I will be performing the traditional mandatory rites for my marriage with my wife in her home town at Akaokwa. “9th will be the dedication of another Church we built. On the 10th, other activities I have in the East. “I graciously hope my request will be given a favourable consideration and approval.”

Ola of Lagos to collaborate with Jet businessman, Steve Varsano

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“See how God works” — Nigerians jubilate as Jet Businessman, Steve Varsano makes plans to collaborate with Ola of Lagos“See how God works” — Nigerians jubilate as Jet Businessman, Steve Varsano makes plans to collaborate with Ola of Lagos Nigerians worldwide rejoice as popular Jet businessman and vendor, Steve Varsano seeks to collaborate with luxury brand influencer, Ola of Lagos. Recall that recently the Jet vendor had called out Ola for inflating the price of a plane he was advertising. The video had gathered many reactions and many people had expressed their displeasure with Ola for inflating prices of items in the name of luxury. “See how God works” — Nigerians jubilate as Jet Businessman, Steve Varsano makes plans to collaborate with Ola of Lagos “See how God works” — Nigerians jubilate as Jet Businessman, Steve Varsano makes plans to collaborate with Ola of Lagos Luxury brand influencer, Ola of Lagos. Ola of Lagos had addressed the allegations, stating that prices are not determined by him but by the owner of the item and he is simply only a marketer. Luck has shined on him as the PA to Steve Varsona reached out to him on Instagram asking for his mobile number so they can collaborate and work together in the future. The PA also clarified that there was no malicious intent behind the video his boss made and they had no idea it would go viral. SEE POST HERE “See how God works” — Nigerians jubilate as Jet Businessman, Steve Varsano makes plans to collaborate with Ola of Lagos “See how God works” — Nigerians jubilate as Jet Businessman, Steve Varsano makes plans to collaborate with Ola of Lagos Some reactions to the post below @Chrisdaramola said: “Mhen! Heavenly blessings on him.” @Yemihazan wrote: “People don’t learn, there are some level of grace you can’t fight…” @OyinTGSPE added: “But that Private Jet still not $16m , he should stop inflat!ng prices unnecessary” @onefynboylykdat reacted: “See how God works” @Iykekomo_ said: “It was bound to happen sooner. Don’t joke with Nigeria social media networking. And More importantly, Man no be God 🙏🏾”

Nigerian businessman celebrates workers with five cars as gift

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Nigerian businessman celebrates workers with five cars as giftNigerian businessman celebrates workers with five cars as gift A Nigerian businessman, Christian Asaga Nwali earns praise from Nigerians for generously gifting five cars to some of his workers. The news was shared by one of the beneficiaries on Facebook, revealing that this act of generosity occurred on December 17.

Nigerian businessman celebrates workers with five cars as gift

According to one of the beneficiaries, the surprise car gift occurred during an event where their boss, Christian hosted his staff, family, and loved ones. Prince Ozed who received a blue Toyota Camry cannot express enough how heart-melting and shocking the gift met him. Appreciating his boss and his wife, Prince Ozed wrote; “I wanted to wake up this morning to be sure that it’s not a Dreams. My wife woke me up twice in the night to check if the car is still outside to be sure that it wasn’t a dream too.

Nigerian businessman celebrates workers with five cars as gift

“When we came out this morning we saw that the car is still Outside ,that’s when it dawned on me that truly we are now a car owner.
Boss, Chief Christian Asaga Nwali and your beautiful wife Dr Ugochi Irene Asaga, I did not do anything to deserve this kind of Huge Blessings. “Tears of Joy in my eyes as I type this.
Thank you Boss.
Today 18th of December 2023 I’m celebrating 2 years Wedding Anniversary with Comfort Ozed with a new car.
Who am I.”

Billionaire businessman Dilly Umenyiora ends 15 years marriage with wife, Fifi Umneyiora

Billionaire businessman Dilly Umenyiora ends 15 years marriage with wife, Fifi Umneyiora

Well-known businessman Dilly Umneyiora has announced the end of his 15-year marriage with his wife, Fifi Umneyiora. In an Instagram post shared on his story, Dilly Umenyiora disclosed that after dating his wife for 17 years and being together as a married couple for 15 years, he deems it right to announce publicly that his marriage has crashed. According to the businessman, he does not want to get embarrassed in the future if he is seen with another woman. He described the issue at hand as irreconcilable adding that he prefers to move on and be happy.

Billionaire businessman Dilly Umenyiora ends 15 years marriage with wife, Fifi Umneyiora

Billionaire businessman Dilly Umenyiora and wife, Fifi Umneyiora. source: Instagram “The only reason I’m responding to this is to clear the air and avoid any questions or embarrassment should either of us be seen with other partners” part of his post read.

Miss Universe set to marry 54 year old billionaire businessman

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Miss Universe Nigeria, Mitchel Ihueze, set to marry 54 year old billionaire with 5 childrenMiss Universe Nigeria, Mitchel Ihueze, set to marry 54 year old billionaire with 5 children Current Miss Universe Nigeria, Mitchel Ihueze, who is 23 years old is set to marry 54 year old billionaire who has 5 children with his late wife. The beauty queen had shared photos of them on her Instagram page informing the public of their impending nuptials. The business man who has now been identified as Prince Nicholas Ukachukwu is a billionaire CEO of SNECOU Group Limited and also a former lawmaker of Nigeria under APGA. Miss Universe Nigeria, Mitchel Ihueze, set to marry 54 year old billionaire with 5 children Miss Universe Nigeria, Mitchel Ihueze, set to marry 54 year old billionaire with 5 children The beautiful couple, Mitchel Ihueze and her husband, Prince Nicholas Ukachukwu. He lost his wife three years ago but it seems that the billionaire businessman has found love again with Miss Universe Nigeria. See some reactions ch.ocho1389 said: “More tears for the lonely ones who wants a woman to end up with a broke man in other to prove it’s true love 😂😂😂😂😂Odiegwu. Congratulations darling, God bless you” queendalineattahnma wrote: “Congratulations my love U found a man for yourself not a boy.Assurance peace of mind.” thephenomenalcynthia said: “Congratulations, Adanne. You deserve everything beautiful 😍“ realchiny added: “Happiness is all that matters!! Congratulations” stansn0w said: “Bro make we do fast marry oo, Our grandpas wan marry all our women.” See post here

Businessman, Abu Salami sues singer Davido

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Davido abu salamiDavido abu salami Businessman, Abu Salami has now taken legal action against the superstar singer, Davido for breaking their agreement which cost him 218 million naira. It would be recalled that a long series of drama had started some weeks ago when the businessman came online to reveal that the singer failed to turn up for a conference which they had arranged despite the fact that he had paid him a substantial amount to influence the project.

abu salami davido

Abu Salami After days of dragging him online, Abu Salami has now taken a legal action against the singer, as viral reports have revealed that the businessman slammed a lawsuit on Davido. A post made by a Twitter user identified as @Winco_3 showed the several documents which are alleged to belong to the case involving the Davido and Abu Salami.

abu salami davido

Davido. He quoted the alleged words of Abu Salami saying that the case has now been taken to the real life now that they have succeeded in gathering the attention of the people. He wrote: “Now that we’ve got the world’s attention, let’s take it to the real life court.” Check post below …

Check out netizens’ reactions … demo__uk: “Pinnick 2.3Billion, Abu N218 million, DammyKrane N2,500 (two, five) Davido: Se fe pami ni .” mr_mudiaga: “I pity his lawyer Prince this period.” Nnenna_blinks_: “Ph000000l I thought you said “The real Life court can help your case because of his father’s influence”?!? It clearly shows, it is not your money you wanted. Cl0ut Manure.”

“Everyone in Davido’s camp worships him like a god” – Businessman leaks chat with Davido’s hypeman, Special Spesh

Davido special Spesh businessman

A businessman who called Davido out for reneging a contract which cost him N218M has spoken on how Davido’s team worships him like a god, as he leaks his chat with Davido’s hypeman, Special Spesh. It would be recalled that a businessman known as Abusalami on Instagram dragged the singer for making him lose 218 million naira after he canceled a fixed conference, despite payment. While Davido is yet to break silence on the matter, the Abusalami has shared his chat with Davido’s hypeman, Special Spesh. Details and explanation he gave hinted that Special Spesh was more empathic and understanding about the matter. Although the hypeman didn’t want to press the issue so he doesn’t dent his relationship with Davido.

Davido special Spesh businessman

Singer, Davido and his hypeman, Special Spesh. Abusalami opined that everyone in the singer’s camp worships him in order to keep receiving favour because that is what the singer likes – to be worshipped by those around him. SHUTAaA_Ce_ wrote: “It’s impossible to question how hard Davido works, however his work ethics are questionable. If we can manage to put aside his personality & philanthropy and really ask the hard questions, you’d realize this country gives a whole lotta passes to micro managed fraud! You cannot collect 218m of a persons hard earned money, no matter how small it seems to you and not uphold your end of an obligation. You’ve bluntly refused to make a refund or complete the task cos you think or know there’s nothing anyone can do to you. That’s pure satanism and it will undo you, no matter how big you are. God hates oppression !!” mustapha.haggi said: “All of you supporting David person go also rip you off then you go get sense 218m wtf and he just dey tell the guy to press money dey oo” iamteddylicious asked: “Why won’t you worship him ? You no no say after GOD na Davido? dey play” chyomsss penned: “All David knows how to do is clout chase and show off . Zero accountability. Is this ‘ your fave again ?” chyomsss reacted: “If you know your favorite no Dey put you for wahala , say cheese . Team wizzy” Watch video below …

Chef Dammy all smiles as she receives N1m from businessman

Chef Dammy all smiles as she receives N1m from businessman

Nigerian chef, Damilola Adeparusi, has a reason to smile again as she receives N1 million from a businessman. Days ago, the rich businessman promised to give chef Dammy N1 million after watching a viral video of the chef buying roasted corn by the roadside.

Chef Dammy receives N1 million

Chef Dammy receives N1 million
Photo credit: Fekomi/Instagram In the trending clip which was shared on Instagram, the chef was spotted standing quietly by the roadside as she waited for her turn. A Nigerian who recognised her at the scene took a video of her and shared it on Instagram. While many criticized the celebrity chef, the kind businessman identified as Fekomi was moved with sympathy to assist her with N1 million.

Chef Dammy receives N1 million

Chef Dammy and Fekomi CEO
Photo credit: Fekomi/Instagram “Tag her let me send her a DM. N1 million for her. At least una go fit keep shot”, the businessman said. Although some netizens thought the businessman was only chasing clout, he has proved naysayers wrong with photos of the chef holding a cheque of N1 million. While sharing the photos, he advised netizens to stop criticising the young lady as she made an attempt to break a record and should only be motivated. In his words: “We all need motivation after chastising and reprimanding congratulations chef dammy at least she made an attempt.” Social media users have congratulated the chef over the huge cash she received from the businessman. See his post below:

Lagos businessman bags 3 life sentences for defiling his 3 underaged daughters

Sexual Offences and Domestic Violence Court Lagos businessman bags 3 life sentences for defiling his 3 underaged daughters

An Ikeja Sexual Offences and Domestic Violence Court on Tuesday sentenced a 45-year-old businessman, Emeka Orisakwe, to three life sentences for defiling his three underaged children. The minors were aged eight, eight and six. The News Agency of Nigeria (NAN) reports that Justice Abiola Soladoye held that the prosecution had proved beyond reasonable doubt the three-count charge bordering on sexual assault by penetration against the defendant.

Sexual Offences and Domestic Violence Court

“You are wicked and a pathological liar,” she said, adding that the defendant said his wife was mentally unstable in order to deny the offence. ”This is most bizarre and unfortunate,” she added She also berated the immediate younger sister of the defendant, who testified at the first defence witness, (DW1) for tendering a medical report concerning the mental state of the defendant’s wife which did not correlate with the timing of the incident. The judge also said that DW1 evidence was unreliable as it was a pack of lies tainted by deception after she had corrupted the minds of the survivors to lie before the court. “The children were very honest but I observed the three children that came to testify and this court could see that their aunt, whom they stayed with after the incident, had been working on their brains to tell lies before this court. “The children’s subsequent denial in court after they made statements at Satellite Police Station that their father messed around their vaginas with his fingers is an afterthought and very unfortunate. “The children were taken away from the custody of their mother and the sister-in-law painted lies in their minds. “This court can not be fooled. The DW1 is a liar and a wicked sister-in-law, whose evidence is self serving to save her brother from drawing. “The medical report on the mental state of the defendant’s wife which she tendered before this court was dated Feb. 2, 2023 but the sexual incident occurred years back and in desperation, they went to cook up a medical report from Imo state that the defendant’s wife is mentally unstable. The judge of the Sexual Offences and Domestic Violence Court further said that the attempts of DW1 and the defendant were to get through the back door when they could not get through the front door as the medical reports on the survivors revealed blunt forceful penetration. “The medical reports which were carried out on the three children and admitted into evidence before this court showed bruises on the inner surface, blunt and forceful penetration of the survivor’s vaginas. “The medical examination revealed that the three children suffered various degrees of bruises from the sexual assault perpetrated by their biological father. “This corroborates the statement of the survivors at the police station and the evidence given by the second prosecution witness (PW2), an officer from a child advocacy agency that the brother of the survivors, told him that he once saw his father, fingering his sister,” the judge said She further said that the subsequent denial of the defendant was an afterthought which did not hold water. Soladoye thereby convicted the defendant of the 3-count charge and subsequently sentenced him to life imprisonment on each of the counts. She, however, held that the sentencing should run concurrently. The judge also ordered that the convict should have his name registered in the sexual offences register as maintained by Lagos State. NAN reports that the state Deputy Director of Department of Public Prosecution (DPP) , Mr Olusola Soneye called seven prosecution witnesses thought several documents were tendered while the defendant and his sister testified for the defence. Soneye told the court that Orisakwe committed the offences between January and July 2021 at No.32 Ganiyat St., Monkey Village, Maza Maza, Lagos. The prosecution submitted that the mother of the children found blood stains on the private part of one of them and she told her mother that her father had touched her “bombom” “Upon further questioning, the mother called the other two children and they also confessed to her that their father had been assaulting them sexually whenever she was not at home,” he said. According to the prosecutor, the offence contravenes the provisions of Section 261 of the Criminal Laws of Lagos State, 2015.