African Billionaires Get Richer as Total Wealth Hits $126bn
Africa’s wealthiest citizens have seen their collective fortunes surge by 21 per cent over the…
Africa’s wealthiest citizens have seen their collective fortunes surge by 21 per cent over the past year. The continent’s 23 billionaires are now worth a combined $126.7 billion, according to the 2026 Forbes rankings. This $20.3 billion jump reflects a period of stabilizing regional currencies and a broad rally across major African equity markets. Nigeria…
The Dangote Petroleum Refinery has raised the ex-depot price of petrol to ₦1,175 per litre. This marks the third price increase in a single week. The refinery communicated the new gantry rate to marketers on Monday morning. This latest jump represents an 18 per cent surge in just three days. It follows a Friday adjustment…
The Nigerian music landscape is bracing for a historic night as legendary icon 2Baba (Innocent Idibia) prepares to celebrate 25 years on stage. The milestone event, aptly titled “The 2Baba Experience,” is scheduled for March 29, 2026, at the prestigious Eko Hotel in Lagos. More than just a concert, this show is being positioned as…
G7 Ministers to Weigh Emergency Oil Release as Middle East War Triggers Market Chaos Group of Seven finance ministers will convene emergency talks Monday to consider coordinated releases from strategic petroleum reserves in an effort to stabilise global energy markets convulsed by the escalating Middle East conflict, according to a French government source with direct…
A senior official of the All Progressives Congress has issued a sweeping dismissal of Nigeria’s opposition parties, declaring them intellectually bankrupt and existentially unprepared to contest the 2027 general elections while asserting that the ruling party has already secured insurmountable political and governance advantages under President Bola Tinubu’s administration. Tolu Bankole, who serves as the…
Iraq national team manager Graham Arnold has issued an urgent appeal to FIFA for the postponement of his country’s decisive World Cup inter-continental play-off match, warning that ongoing airspace closures triggered by the escalating US-Israeli conflict with Iran could force the Lions of Mesopotamia to field a severely weakened squad for the most significant fixture…
A fire outbreak at the Office of the Head of the Civil Service of the Federation building in Abuja on Monday morning triggered significant traffic gridlock around the Federal Secretariat complex, forcing numerous commuters to abandon vehicles and trek to their destinations. The incident, which occurred at approximately 8:00 a.m., sent thick plumes of…
A woman opened fire on Rihanna’s Beverly Hills residence on Sunday afternoon, striking the property with approximately 10 rounds while the global pop superstar was reportedly inside with her family. The incident, which occurred shortly after 1:00 pm local time, has raised serious concerns about the security of high-profile celebrities in one of Los…
A Nigerien national previously listed among Edo State’s most wanted criminal suspects is now in police custody following a targeted operation in Ubiaja, Esan South East Local Government Area. The arrest of 28-year-old Suleman Harruna marks a significant development in the state government’s intensified campaign against kidnapping networks that have terrorized communities across the…
The Nigerian Railway Corporation has announced plans to introduce electric-powered trains on major rail corridors, beginning with the Warri and Lagos routes where domestic gas resources can provide reliable power generation for operations. Managing Director Kayode Opeifa disclosed the electrification strategy during an appearance on Sunrise Daily on Channels Television, framing the initiative as…