Meet Rupert, Man Who Just Displaced Dangote As Richest African

The Money Man: 10 things to know about the South African and his estimated $12 billion net worth   73-year-old South African businessman Johann Rupert has displaced Nigeria’s foremost billionaire, Aliko Dangote as the richest man on the continent. Johann Rupert, whose net worth is estimated at $12 billion was named by Forbes Magazine in its Real-time global Billionaires ranking while Dangote trails behind with a net worth of $10.8 billion. Rupert’s wealth primarily emanates from his ownership in Cie Financiere Richemont, a prominent luxury goods manufacturer and retailer, along…

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Meet The New Service Chiefs, IGP

New Chief of Defence Staff, Christopher Musa President Bola Tinubu, on Monday, removed all Service Chiefs and replaced them with new ones, with Major General Christopher Gwabin Musa replacing General Lucky Irabor as Chief of Defence Staff. See the profile of the new Chief of Defence Staff below: 1. Name: Christopher Gwabin Musa. 2. Date/Place of Birth: 25 Dec 1967 – Sokoto. 3. State of Origin/LGA: Kaduna State/Zangon Kataf. 4. Corps: Infantry. 5. Member of the 38th Infantry Course Nigerian Defence Army. 6. Commissioned on 21 September 1991. CIVIL EDUCATIONAL…

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Bad boys, Soft Life And Used Girls, By Funke Egbemode

“Dear mothers, my dear sisters and daughters, this ugly trend is heartrending. It’s not a matter we can invite the police into or a case we can prove in court.”     Remember the good old days of Finance Houses in Nigeria? Our young men achieved success overnight. One minute they were marketing officers and the next, they were on management floor. Those places were real magic places. And you know how young men who come into money early run things. They simply remember their long gone ancestor, the prodigal…

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Tinubu Dissolves Boards Of Nigerian Govt Parastatals, Agencies, Institutions, Companies

President Bola Ahmed Tinubu, has approved the immediate dissolution of the Governing Boards of all Federal Government Parastatals, Agencies, Institutions, and Government-Owned Companies. Secretary to the Government of the Federation SGF, Senator George Akume who disclosed this in a late Monday statement said the action was an exercise of the president’s “Constitutional Powers and in the Public interest”. The dissolution does not, however, affect Boards, Commissions and Councils listed in the Third Schedule, Part 1, Section 153 (i) of the 1999 Constitution of the Federal Republic of Nigeria as amended.…

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Tinubu Sacks Service Chiefs, Appoints New Police IG

Maj. Gen. Musa is new Defence Chief, Maj. Gen. Lagbaja new Army Chief, Rear Admiral Ogalla is Chief of Naval Staff, AVM Abubakar is Chief of Air Staff and DIG Egbetokun is Acting IGP. READ ALSO: LASU Record Breaker, Yusuf Aminat, Gets N2 Million Gifts CBN Lifts Restriction On $10k Deposit For Domiciliary Account Holders JUST IN: President Tinubu Jets Out of Nigeria Indefinite Suspension: Tinubu Removes Bawa As EFCC Chairman Nigeria President Bola Ahmed Tinubu, GCFR,  has approved the immediate retirement of all Service Chiefs and the Inspector-General of …

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LASU Record Breaker, Yusuf Aminat, Gets N2 Million Gifts

Why we hosted genius Law scholar, gifted her N2 million — Oniba   The traditional ruler of Iba Kingdom, Oba Adeshina Suleiman Okikiola Raji Ashade, the Oniba Ekun of Iba, has presented a cheque of N2 million to Aminat Yusuf, the genius Law scholar who emerged the Best Graduating Student in the 40year history of Lagos State University (LASU). Platforms Africa reports that Yusuf emerged the best with a perfect CGPA of 5.0 in the ongoing 26th Convocation Ceremonies of the University, was on Sunday, 18th June 2023. READ ALSO:…

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Subsidy: Labour Threatens Strike, Resumes Talks With Nigerian Govt

Ahead of the meeting between the Nigwrian Government and the organised labour scheduled to hold today (Monday), the Nigeria Labour Congress has said the government must meet its demands to cushion the effect of the fuel subsidy removal. The union threatened that it would not hesitate to call out workers for industrial action, adding that it only suspended its planned strike. It stated that the high cost of fuel was inflicting unbearable hardship on Nigerians, adding that the government must act fast with respect to providing palliatives, as the NLC…

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42 Pupils Murdered In Rebels Attacks On Ugandan School

THE bereaved Ugandan border town of Mpondwe-Lhubiriha began burying the victims of a horrific attack on a school by suspected extremist rebels that claimed the lives of 42 people, mostly students. As security forces increased patrols along the frontier with volatile eastern Congo, the town solemnly laid to rest the victims of the brutal assault. Selevest Mapoze, mayor of Mpondwe-Lhubiriha, announced that one of the eight people wounded in the Friday night attack, which resulted in the deaths of 38 students, passed away overnight. ‘Most of the relatives have come…

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Marketers Adjust Pumps as Petrol Surges Above N500/Litre In Lagos + REASON

Nigerians have begun to lament the effects of the introduction of a 7.5 per cent Value-Added Tax on the price of premium motor spirit, otherwise known as petrol. This comes barely a month after President Bola Tinubu removed the subsidy on petrol during his inaugural speech on May 29, raising the price of PMS from N188 to about N580 in different states of the federation. Recall that the Minister of Finance, Budget and National Planning, Zainab Ahmed, announced that the Finance Act 2020 raised the previous 5 per cent VAT…

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