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Nigeria's Aliko Dangote is Africa's first $20bn man and now world's 25th richest -Forbes


Akinpelu Dada, (Punch) - Forbes reported that the Nigerian billionaire was now richer than Russia's richest man, Alisher Usmanov; India's Lakshmi Mittal; and running neck and neck with India's Mukesh Ambani. According to the magazine, he is catching up to such Americans as Google's billionaire founders, Larry Page and Sergey Brin.

April 18, 2014

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  • Lagos Island: The dreaded Business District becomes toast of investors



    Jude Njoku, (Vanguard) - Lagos Island Business District was the toast of blue chip companies and other small and medium-scale business enterprises prior to the relocation of the seat of the Federal Government to Abuja in 1992. Shortly before this relocation, however, this beautiful island where high-rise buildings competed for visibility was turned into a haven for miscreants and layabouts popularly called “Area Boys or Alayes”.

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