Nigerian billionaire businessman and philanthropist, Femi Otedola, has strongly debunked fresh allegations linking him to the controversial fuel subsidy fraud, calling them false, malicious, and an attempt to rewrite history. In a strongly worded response, Otedola addressed claims made by Umar Sani, former Special Adviser on Media to ex-Vice President […]
For the first time in history, Africa’s billionaires have collectively crossed the $100 billion mark, a milestone that underscores both resilience and ambition on a continent often defined by economic turbulence. According to the latest Forbes ranking, 22 African billionaires now hold a combined fortune of $105 billion, up from […]
Dangote Retains Top Spot as African Billionaire Fortunes Soar Four Nigerian business magnates—Aliko Dangote, Femi Otedola, Mike Adenuga, and Abdulsamad Rabiu—have been named in the 2025 Forbes Africa Billionaires List, solidifying Nigeria’s status as a key player in the continent’s economic landscape. Forbes released the much-anticipated list on Saturday, March […]
