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Court orders final forfeiture of $13m linked to Lagos

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Crude-for-naira: Dangote refinery gets only five of 15 cargoes,

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Tag: Forbes

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Dangote retains Africa’s richest spot with $28.5bn fortune

Nigeria’s business magnate Aliko Dangote has once again secured his position as Africa’s wealthiest individual. He tops the Forbes 2026 Africa Billionaires ranking with an estimated net worth of $28.5 billion. Over the past year, the continent’s richest figures collectively gained more than $20 billion. The latest Forbes list, released on Monday, highlights Africa’s 23-member […]

Business

Dangote, Adenuga, Otedola make Forbes 2026 Africa rich list

Four Nigerians, Aliko Dangote, Abdulsamad Rabiu, Mike Adenuga, and Femi Otedola — have been listed among Africa’s richest individuals in 2026. The names appear in the latest Africa Billionaires ranking released by Forbes, underscoring Nigeria’s continued presence among the continent’s wealthiest business leaders. The updated ranking shows that Africa’s billionaire class significantly expanded their fortunes […]

Musk’s X faces lawsuit for allegedly withholding staff bonuses
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Elon Musk named America’s greatest innovator

Tech billionaire, Elon Musk, has been named America’s top living innovator by Forbes, leading the magazine’s newly released ranking of the 250 greatest innovators. The ranking, unveiled on Thursday, forms part of a year-long series celebrating the 250th anniversary of the United States. Forbes said the list highlights people who not only invent new ideas […]

Osimhen, Fireboy, Veekee James others make Forbes 30 Under 30
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Osimhen, Fireboy, Veekee James others make Forbes 30 Under 30

Five Nigerians have been recognized by Forbes Magazine in its 30 Under 30 Africa Class of 2024, for shaping the continent’s future and leaving an indelible mark on the global stage. This vibrant group of visionaries spans diverse fields, from entertainment to sports, demonstrating innovation, inclusive growth, and a redefinition of Africa’s narrative. As the […]

Top ten richest women in the world in 2024
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Top ten richest women in the world 2024

A rising trend is observed among women making strides on Forbes’ World Billionaires list, with their representation increasing gradually. In 2024, 369 out of 2,781 billionaires, accounting for 13.3%, are women. This marks an increase from 337 in 2023, when women comprised 12.8% of the list. Collectively, these women possess a net worth of nearly […]

Otedola asks top First Bank official to resign over 'wasteful party'
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Forbes: African billionaires’ combined wealth hits $82.4bn

Forbes estimates that Africa’s wealthiest individuals have a combined net worth of $82.4 billion, and the return of Nigerian billionaire investor Femi Otedola to the list has boosted their fortunes. According to The Times, prior to Otedola’s return to Forbes as Nigeria’s fourth richest person with $1.2 billion, the combined wealth of Africa’s billionaires was […]

Dangote refinery urges NUPENG, PTD to resolve conflict
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Dangote reclaims top spot on Forbes as Africa’s richest man

Forbes Real-Time Billionaires has reported that Nigerian entrepreneur and philanthropist, Aliko Dangote, has restored his title as Africa’s richest person. This is coming after a South African business billionaire, Johann Ruper, surpassed Dangote as Africa’s richest man last week. According to the January 8 ranking, Dangote’s net wealth increased by $10 million to $10.1 billion, while Rupert’s net worth was $10 […]

Nigeria's Vincent Olatunji joins Forbes Technology Council
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Nigeria’s Vincent Olatunji joins Forbes Technology Council

The National Commissioner of the Nigerian Data Protection Bureau, Dr. Vincent Olatunji, has been appointed to the Forbes Technology Council for 2023. Nairametrics reported that the founder of the Forbes Council, Scott Gerber, announced the appointment and expressed the Council’s excitement to have Dr. Olatunji onboard. The goal of Forbes Councils, he emphasized, is “to […]

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