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Bloomberg
Top 5 Stories Of The Day | CBN Retains Interest Rate at 27.5%
September 21, 2024
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Top 5 Stories Of The Day | Tinubu Claims Not He Is Not After Nigerians’ Money

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss.  Tinubu claims not he’s not after Nigerians’ money President Bola Tinubu has come out to clear the air about the misconstrued thoughts concerning his reasons for being in the position of power in Nigeria today.... Read More
Rankings
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June 30, 2023
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Aliko Dangote Retains Position as Africa’s Richest Man Despite Currency Volatility, Bloomberg Reports

Aliko Dangote, the President of Dangote Group, has retained his position as Africa’s wealthiest individual, despite the Nigerian currency’s fluctuation against the dollar, as reported by the Bloomberg Billionaires Index. According to the recently released daily top billionaire lists on Tuesday, Dangote’s wealth was valued at an impressive $15.6 billion, placing him at the top... Read More
Blogs, The News Blog
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May 2, 2023
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Seyi Tinubu under scrutiny for $10.8m London mansion purchase linked to fraud case

Seyi Tinubu, son of Nigeria’s President-elect Bola Ahmed Tinubu, has been linked to the purchase of a London mansion which is under fraud investigation by the federal government. According to Bloomberg, Seyi bought the house in 2017 for $10.8m through his firm, Aranda Overseas Corp. Citing previously unreported UK company documents, the report said the... Read More
Deep Dive
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February 28, 2019
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The Big 5: Aliko Dangote now 64th richest man in the world; INEC declares Ekwunife winner of Anambra Central Senatorial election | Other top stories

Here are the stories you should be monitoring today: UK congratulates Buhari, urges probe of of alleged irregularities The United Kingdom has felicitated with President Muhammadu Buhari on his electoral victory in the Saturday’s presidential election. A statement from the UK’s minister of state for Africa, Harriett Baldwin, said the result declared by the Independent National... Read More
The News Blog
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December 6, 2017
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Dangote named in Bloomberg’s 50 most influential people

Africa’s richest man, Aliko Dangote has been honoured as one of the 50 most influential persons contributing to humanity by Bloomberg. Dangote was honored for his contribution to increasing local food production and reduce food imports in Nigeria. The event took place at Bloomberg’s annual gala dinner in New York. According to Bloomberg, Dangote has been... Read More
The News Blog
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August 18, 2017
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“There are businessmen who are interested in politics. I’m not one of them” | 10 things we learnt from Dangote’s interview with Bloomberg

Nigerian businessman, Aliko Dangote owns Dangote Group and is worth $13 billion according to Forbes. He sat with Bloomberg’s Francine Lacqua to discuss his business conglomerate, his undying support for Arsenal FC, his refinery under construction and the difficulties of doing business in Nigeria. Here are 10 things we learnt from the interview: He’s building... Read More
Thinking Through
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December 1, 2016
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‘This candid editorial on the President’s economic leadership should be placed before him’

Sadly, it’s no longer news that Nigeria is in a state of economic distress. The butterfly effect of the recession that was confirmed after several months of denial by the government cannot be stopped and a President that was clearly the popular choice at the polls in 2015 now faces harsh criticism from home and... Read More
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July 25, 2016
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Good news for Hilary Clinton as billionaire media mogul, Bloomberg endorsement looms

Hilary Clinton, presidential candidate for the Democrats in the upcoming United States election would gladly welcome any endorsement whatsoever she gets with the recent developments in the build up to the election. Hilary was overtaken by Donald Trump, the controversial Republican candidate in CNN’s polls following the leaking of over 20,000 Democrat emails casting a... Read More
The News Blog
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June 21, 2016
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Dangote loses $3.7bn as naira’s value drops

On Monday, the richest man in Africa, Aliko Dangote suffered a gigantic financial hit. As a result of the new foreign exchange policy initiated by the federal government, Dangote lost $3.7 billion. According to Bloomberg, the Nigerian billionaire’s loss saw him drop 25 places on its Billionaires Index. The financial setback suffered by Dangote caused him to fall from 71... Read More
The News Blog
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June 6, 2016
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Same sex marriage: ‘Every Nigerian deserves to be treated equally, without discrimination’ – Jonathan

Former President Goodluck Jonathan, on Monday, disclosed that he signed the same sex marriage prohibition bill into law because he respected the will of Nigerians and the rule of law. The former President said this while speaking on Democracy and Equality at the Bloomberg studios in London. The speech, which was titled “Civis Nigerianus Sum”... Read More
Featured, The News Blog
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August 26, 2015
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Aliko Dangote lost N141 billion on ‘Black Monday’

While other world billionaires lost tons of money last week, Aliko Dangote gained $79.2m (N15.6bn) from Thursday to Friday. But his turn was yet to come, and the hit was harder than expected. According to Bloomberg’s Billionaires Index, Dangote lost N141 billion on ‘Black Monday’. The loss of huge fortune by Africa’s richest man was as a... Read More
The News Blog
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July 2, 2015
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#BabaGoSlow is trending on Twitter | These are the top 10 reactions

We blame Bloomberg for the avalanche of shades thrown and swipes taken at President Buhari, today, July 1. The business news platform wrote an article titled; Buhari Goes From Nigeria’s Change Champion to ‘Baba Go Slow’. Ever since the article which was published yesterday, went viral, Nigerians have waded into the matter and #BabaGoSlow has... Read More
The News Blog
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July 11, 2014
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Money rules: Meet the top 5 richest members of Pres. Obama’s cabinet

by Kolapo Olapoju Now we know its not only in Nigeria where we have billionaires in positions of power! America’s President Obama has some extremely rich people in his cabinet, but unlike Nigeria, most of them didn’t have to loot public funds to acquire their wealth. The top 5 richest members of Obama’s cabinet are... Read More
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