Posts

Showing posts from June, 2023

Dangote No Longer Africa’s Richest Man As Devaluation Forces Forbes To Reshuffle Africa’s Wealthiest List

Image
       Dangote No Longer Africa’s Richest Man As Devaluation Forces Forbes To Reshuffle Africa’s Wealthiest List Aliko Dangote, the visionary founder and chairman of Dangote Industries Limited, a leading conglomerate in Africa, has lost his long-held title as Africa’s richest man. Forbes, the prestigious business magazine, recently published an updated list of the world’s wealthiest billionaires, revealing that Dangote’s fortune plummeted by a staggering $3.4 billion in a single day due to the recent devaluation of the Nigerian naira against the U.S. dollar. This sharp drop has pushed him down from his long-standing spot atop Forbes’ list, making way for South African billionaire Johann Rupert, who now claims the throne with an impressive fortune of $12 billion. For years, Dangote held the title of Africa’s richest man, a position he has held since 2013. His financial achievements reached an unprecedented milestone in 2014 when his wealth surpassed the $20 billion mark, marking him as

CURIO COLLECTION BY HILTON UNVEILS RICHIE SHITTU’S KOKO BEACH RESORT IN LAGOS SIGNALING NEW ERA IN LUXURY HOSPITALITY

Image
      CURIO COLLECTION BY HILTON UNVEILS RICHIE SHITTU’S KOKO BEACH RESORT IN LAGOS SIGNALING NEW ERA IN LUXURY HOSPITALITY Hilton has signed Koko Beach Resort Ilashe Lagos into the Curio Collection by Hilton at the African World Hotel Conference in Nairobi on 13th June 2023, marking the first internationally branded resort on Nigeria’s Atlantic coastline! The Branding and Management Agreement (BAMA) with Hilton’s Curio Collection is for a new luxury destination in Lagos, Nigeria – Koko Beach Resort Ilashe Lagos! ????️ Due to open in 2025, this 60-room luxury resort, developed with Outposts Investment Limited, is currently under construction on the pristine Ibeshe/Ikaare beach and represents a new dawn for Nigerian tourism, particularly under President Bola Ahmed Tinubu’s progressive regime. With stunning sea views, private villas, diverse dining options, and an array of world-class recreational facilities and amenities, this project aims to promote domestic tourism and ease pressure o

CBN GOVERNOR, EMEFIELE SUSPENDED OVER 1BILLION DOLLAR TRANSACTION LINKED TO ALIKO DANGOTE

Image
    CBN GOVERNOR, EMEFIELE SUSPENDED OVER 1BILLION DOLLAR TRANSACTION LINKED TO ALIKO DANGOTE *BREAKING NEWS: CBN Governor Emefiele Suspended over $1 Billion Transaction Linked to Aliko Dangote!* In a shocking development, the Nigerian Federal Government has suspended the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Sources reveal that Emefiele was arrested in Lagos by the Department of State Services (DSS) on June 10 and flown to Abuja for questioning which the DSS has now confirmed. The suspension is allegedly directly tied to a staggering $1 billion scandal that unfolded just before the inauguration. Startling revelations expose Emefiele’s borrowing of $1 billion from Afrexim Bank on April 24, 2023 after the elections, during preparations for the May 29 inauguration. Shockingly, within a mere two days of receiving the money, $750 million was swiftly transferred to Aliko Dangote’s Dubai accounts using a Form A. These explosive findings have rocked the nation, raising conc