First and second richest Man in Africa

Aliko Dangote, $10.9 billion

Aliko dangote long before now has been known for the production of Sugar,Cement and flour.

The Cement and commodities tycoon retains his title as the world’s richest black man this year. After building his fortune in sugar, flour and cement, the Nigerian tycoon is embarking on his most ambitious project to date- a private oil refinery in Nigeria which will have a refining capacity of 6500,000 barrels a day and is expected to reduce Nigeria’s dependence on oil imports. Dangote started out in business more than 3 decades ago by trading in commodities like cement, flour and sugar with a loan he received from his maternal uncle and went on to build the Dangote Group, the largest industrial conglomerate in West Africa.He is truly a legend and a business tycoon who have done alot for the society and brought development too.

Mike Adenuga, $9.1 billion

Nigerian, Oil, Telecoms

Nigerian-born Mike Adenuga, the world’s second richest black person, built his fortune in oil and mobile telecoms. His Conoil Producing Company was one of the first indigenous Nigerian companies to be granted an oil exploration license in the early 90s. The company is the operator of six blocks in the Niger Delta and also owns a25% stake in the Joint Development Zone (JDZ) Block 4. He is also the founder and sole owner of Globacom, a Nigerian mobile phone network that has more than 40 million subscribers in Nigeria and neighboring African countries. His property company, Cobblestone Properties, owns hundreds of prime residential and commercial property all over Nigeria.
It tak

Source: Forbes.

Comments

60 Percent of Women Won’t Marry a Debtor

We’ve come a long way since the Mad Men -esque era of the 50s and 60s, when financial security for women came exclusively in the form of a man. At least that’s according to the findings of a new survey from Charlie. We surveyed 533 single (defined as never married) women ages 18 to 40 in to find out how they think about finances when it comes to finding “the one.” According to the results, women are waiting until well into their relationships to have the “money talk.” If they don’t like what they hear, bad news: most women view potential beaus or belles with a large amount of debt as more of a liability, than an anchor. The majority of single women these days don’t believe that marriage is necessarily the ticket to financial stability. But to understand where we’re at now, it’s important to take a look at where we came from. A Brief History of Women’s Financial Rights Back in the “good old days,” our grandmothers had little choice but t...

Nigerian doctors suspend 55 days old strike

TVC NEWS [ABUJA]- The striking Nigerian Medical doctors under the aegis of the Nigerian Medical Association, on Sunday suspended their 55 day-old industrial action with immediate effect. President of the association, Dr. Kayode Obembe, who addressed journalists in Abuja, subsequently, directed members to resume at their various duty posts on Monday. The doctors began their industrial action on July 1, 2014 over a 24-point demands bothering on welfare, condition of service and poor facilities in government hospitals. But obembe said the decision to suspend the industrial action was taken after the Emergency Delegate Meeting of the association, held in Abuja on Saturday. He explained that the strike was suspended in the interest of urgent national emergencies while negotiations with the Federal Government continues. The delegates at the meeting according to the NMA boss, however demanded the immediate reversal of the suspension of Residency Training Programme by the fed...

BBnaija-Uti nwachukwu says Mike should stay

Former BBN housemate, Uti Nwachukwu, has given reason Nigerians should vote for BBNaija housemate, Mike. Four housemates: Khafi, Tacha, Mike and Seyi have been nominated for possible eviction this week. Omashola, who was nominated but had the veto power card, replaced himself with Seyi. Former BBN housemate, Uti Nwachukwu , has given reason Nigerians should vote for BBNaija housemate, Mike. Four housemates: Khafi, Tacha, Mike and Seyi have been nominated for possible eviction this week. Omashola, who was nominated but had the veto power card, replaced himself with Seyi. At least one of the aforementioned housemates will be evicted on Sunday during live BBNaija eviction show. Uti, speaking on nominated housemates for eviction, urged Nigerians to vote for Mike in order to promote hope and progress. According to him, housemate like Mike needs to stay back in the reality show to serve as role models to influence and inspire Nigerian youths. On his Twitter page, Uti w...

Skazyweb

Search This Blog