House Of Empire

      Abdulsamad Rabiu, chairman BUA Foods The award will be presented to Mr Rabiu alongside other winners of the various award categories. A business mogul and Chair of the  BUA Group , Abdulsamad Rabiu, has emerged winner of the 2023 Man of the year Leadership Excellence Awards. In a seven-day Leadership Excellence Awards voting by Nigerians via online platforms, monitored by the News Agency of Nigeria (NAN), Mr Rabiu was voted ahead of three other nominees. The BUA chairperson polled a total of 568,247 votes to defeat other nominees including Allen Onyema, chair of Air Peace; Auwalu Rano, CEO A.A Rano Nigeria Limited and Aloysius Ikegwuonu, founder, Ebubechukwuzo Foundation; who polled 478,117; 286,374; and 68,352 votes respectively. The prestigious Leadership Excellence Awards (LEEX Awards), the fifth in a row, is organised annually by IgbereTV that recognises and honours the outstanding impacts of leaders across both the public and private sectors in Nigeria. LEEX Awards also prom

  BATTLE OF THE AFRICAN BILLIONAIRES: SOUTH AFRICAN JOHAN RUPERT MAINTAINS POSITION AS AFRICA’S RICHEST IN LATEST RANKING BATTLE OF THE AFRICAN BILLIONAIRES… South Africa’s Johann Rupert maintains position as Africa’s Richest over Nigeria’s Aliko Dangote on Forbes Realtime Billionaires Ranking (as at July 12, 2023…) as Dangote, remains Africa’s second richest.    In March 2023, Forbes released its annual ranking with Aliko Dangote as Africa’s richest; however, as of July 13, 2023, the global authoritative ranking has listed South African luxury goods magnate Johann Rupert, as Africa’s richest with a real-time net worth of 11.9billion as at July 12, 2023 vs Aliko Dangote’s Networth of $10.6 billion as at July 12, 2023. Whilst Aliko Dangote had remained top of the Forbes African billionaires list for years, his position was recently affected by the devaluation of the Nigerian Naira with the South African billionaire, Rupert, capitalizing on this to take the crown as Africa’s richest.  bi

       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 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 *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

       HERBERT WIGWE TAKES OVER LEADERSHIP OF FRANCE NIGERIA BUSINESS COUNCIL AFTER PIONEER CHAIRMAN, ABDUL SAMAD RABIU’S 2-TERM TENURE    Herbert Wigwe Assumes Leadership of France Nigeria Business Council Following pioneer chairman, Abdul Samad Rabiu’s Successful Two-Term Tenure Pioneer President of the France Nigeria Business Council, Abdul Samad Rabiu, has handed over the reins of the council after a successful two year tenure to Herbert Wigwe, the Group Managing Director of Access Bank. Rabiu, the founder and Executive Chairman of BUA Group, handed over the reins to Wigwe in a ceremony held today, marking a new chapter in the Council’s history. During Rabiu’s tenure as the pioneer President, the Council achieved significant milestones in strengthening business ties between France and Nigeria, promoting mutual growth and prosperity. Under his leadership, the Council organized two France-Nigeria Business Forums in Paris, a meeting in Lagos, and a session in Paris last year, which le

INVESTIGATING NIGERIA’S SUBSIDY REMOVAL QUAGMIRE AND DANGOTE’S REFINERY DEBACLE     In the midst of dwindling revenues and skyrocketing subsidy costs, Nigeria has taken a bold step by removing fuel subsidies, igniting controversy and unrest among its population. Despite the opposition’s claims that subsidy removal will disproportionately affect the poor, the government’s redirection of funds towards crucial sectors such as health and education paints a promising picture for Nigeria’s future. The recent World Bank loan of almost a billion dollars for palliative measures may provide temporary relief, but it is not seen a sustainable solution. However, the fate of the much-anticipated Dangote Refinery, meant to reduce Nigeria’s reliance on imported petroleum products, remains uncertain as unforeseen technical difficulties delay its completion. In the midst of dwindling revenues and skyrocketing subsidy costs, Nigeria has taken a bold step by removing fuel subsidies, igniting controversy a