Aliko Dangote: Africa's Richest man is100th on the Worlds Billionaires List- Forbes

Africa’s richest man Nigerian billionaire Alhaji Aliko Dangote may be top of the rankings in Africa but at the global level, he rounded off as the 100th richest man

This is according to Forbes Magazine in the latest release of its annual list of the world’s richest persons 2018.

With a fortune estimated at $14.1 billion, CEO of the Dangote group who has significant business interests in cement production across Africa and agriculture back home maintained a slot he has occupied for a while now.

Two other Nigerian billionaires who made the list were oil and telecoms mogul Mike Adenuga whose fortune is currently estimated at $5.3 billion.

Folorunsho Alakija, a self-made businesswoman in the oil sector is also on the list. Alakija has various interests but known mainly for her oil business, she with a fortune estimated at $1.7 billion.

Angola’s Isabel dos Santos, who has stakes in telecommunications , oil and gas and also banking – maintained her place as the continent’s richest woman with a net worth of $2.6 billion.

She is daughter to former Angolan president Jose Eduardo dos Santos and was fired as chairperson of the Angola’s state oil company by new President Joao Lourenco on allegations of financial impropriety – she flatly denies all the allegations.

Other Africans on the list are Zimbabwean telecoms tycoon Strive Masiwiya ($1.39 billion) and South African mining magnate Patrice Motsepe ($2.5billion).

Amazon founder and CEO Jeff Bezos estimated to be worth $112 billion topped for the first time unseating Bill Gates with a fortune of $90 billion who came second in the list released on March 7.

Investment mogul Warren Buffet $8.9billion is now the 3rd. Amancio Ortega, Europes wealthiest man with $75.1billion is the 4th on the list, while Facebook guru Mark Zuckerberg is the best 5th with Estimated $71billion.

Comments

MTN to Sell 30% of its Nigerian Company proposes $500b IPO on NSE

The Securities and Exchange Commission (SEC) on Wednesday confirmed that MTN Group had finally commenced discussions with the commission on its proposed 500 million dollars Initial Public Offering (IPO). A senior management staff of SEC who pleaded anonymity told the News Agency of Nigeria (NAN) in Lagos that MTN had commenced discussion with the commission on the IPO. The source told NAN that although talks were ongoing, the company was yet to formally file its application for the IPO. He said the commission was committed to investors’ protection, and that their interest would be protected in the ongoing discussion. The source said SEC would remain committed to the development of the nation’s capital market and listing of more multinationals. Another source at the Nigerian Stock Exchange (NSE), who declined to be mentioned, also told NAN that the NSE had not yet received an official filing from the company. There were reports recently that MTN Group Ltd. was perfe...

Russia 2018: Moses drops out due to injury

One of the players hoping to make it to the World Cup with Nigeria has dropped out of the race to Russia. The 'unfortunate' player is Simon Moses who plays his club football in Belgium with Gent and was on the 30-man provisional World Cup list released before now. “Moses Simon will not be traveling with the team on Tuesday because he’s injured,” Nigeria coach Gernot Rohr told reporters in Port Harcourt after the team’s training session. “The nature of his injury is such that he won’t be recovering quickly enough to make the World Cup. “It’s really unfortunate but he remains in my future plans.” The Super Eagles will jet out to London on Tuesday where they will face England on 2 June in another warm-up match. Four more players aside Moses Simon will not be making the London trip with the Eagles who after playing in Wembley will head off to Austria where they have a training camp and play a friendly with the Czech Republic...

5 Things Women Love More than 6 Packs

Many men have always been made to believe that women see them as attractive with how well built their bodies are, which has never been true. Ladies have their different ideas of what makes a man attractive. Men can be attractive in other many ways. Depending on which type of a woman you are dating, here are five things that will make a man attractive other than physical attributes Like Handsomeness and 6-pack 1. GOOD MANNERS. There are many things that could tell people about your manners. Men with good manner are attractive in our today’s world. A well-mannered man is a sure bet in life, who will never hurt his woman knowingly. This is the type of man every woman wants to be with. 2. PURPOSE . Life is always about having a purpose. This will simply mean you have direction in your life. having a purpose is the best thing every woman wants in her man since she is sure of a good life tomorrow. Have a business, a project or some work you do for a living. Th...

14 Things you will Regret in Old age, stop them now

When younger we make various choices without the future in mind. Sometimes those choices bite us in our mid-life. These are some of the things one might regret when they’re older. 1.THE WRONG PERSON YOU MARRIED TODAY. When you’re young, check your motives for marrying. Don’t marry to copy your peers, or for social standing or out of pressure. Marry for love and companionship, marry the right person, marry your best friend. For if you marry the wrong person or for the wrong reasons, you will have to put up with that person the rest of your life. Things might get worse between you two; then depression, physical abuse, affairs, pain, shame, court cases, bitterness will define your mid-life years all because you chose the wrong one. Things will get worse when children are involved. Make the right choice of a spouse when you are young. 2. THE OPPORTUNITIES TODAY YOU DID NOT SEIZE. When you are younger many doors will open, you will get many chances. Many young people let these oppor...

Breaking: Queen Elizabeth to Step down, Names her successor

Just in : The longest-standing British monarch is preparing to take her final curtsy. Queen Elizabeth, who turns 92 years old tomorrow, issued a formal request for the Commonwealth Heads of Government to appoint her son, Prince Charles, as her successor during an official meeting at Buckingham Palace yesterday. She said, “It is my sincere wish that the Commonwealth will continue to offer stability and continuity for future generations and will decide that one day the Prince of Wales should carry on the important work started by my father in 1949.” The monarch went on to say that she hopes Prince Charles will carry on her legacy, adding, “By continuing to treasure and reinvigorate our associations and activities, I believe we will secure a safer, more prosperous and sustainable world for those who follow us: a world where the Commonwealth’s generosity of spirit can bring its gentle touch of healing and hope to all.” Prince Charles is the first in a long list of heirs to ...

Mohamed Salah wins African best footballer of the year BBC award 2017

Following a record number of votes, the Liverpool star won ahead of Gabon's Pierre-Emerick Aubameyang, Guinean Naby Keita, Sadio Mane of Senegal and Nigeria's Victor Moses. "I am very happy to win this award," the 25-year-old told BBC Sport. "It's always a special feeling when you win something. I feel like I had a great year, so I'm very happy." Salah, the Premier League's top scorer with 13 goals, has enjoyed a stellar year for both club and country. In early 2017, the forward was the central figure for Egypt as they finished runners-up at the Africa Cup of Nations. He also had a hand in all seven of the goals that took the Pharaohs to their first World Cup since 1990 - assisting two and scoring five, including the stoppage-time penalty against Congo that qualified them for Russia. "I want to be the best Egyptian ever so I work hard," added Salah, who is the third player from Egypt to win the award and first since 2...

Russia2018: Argentina's goalkeeper Romero Ruled out of world cup with knee injury

All hell is against Messi carring the world cupas Argentina’s World Cup preparations suffered a big blow on Tuesday as goalkeeper Sergio Romero was ruled out of the tournament with a knee injury, said the Argentina Football Association (AFA). The Manchester United goalkeeper injured his right knee during training in Buenos Aires on Tuesday. “Romero will be removed from the list of 23 players who will participate in the 2018 World Cup in Russia,” the AFA said in a statement. Romero, 31, is the most capped goalkeeper in the history of the Argentina national team with 83 appearances and represented the country at the 2010 and 2014 World Cups. The AFA said Romero had suffered a blockage in his right knee and was being evaluated surgically. A replacement will be announced “in the coming days,” the statement said. As well as his World Cup experience, Romero has represented Argentina in three Copa Americas and was also a member of the side that won gold at the 2008 Bei...

MY SURE NEWS

Search This Blog