A tragic event unfolded in Nairobi, where a 20-year-old woman was murdered in an Airbnb apartment located in Roysambu. Police have arrested three individuals in connection with this murder, including a Nigerian national. The Nigerian was apprehended at Jomo Kenyatta International Airport as he attempted to leave Kenya.
Africa: Trump plans to close american embassies and consulates
During his first term, Donald Trump had already shocked with his derogatory remarks about African nations, notably when he referred to them as “shithole countries”…
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Nigeria: explosion creates panic in Ibadan (video)
A sudden and unexpected explosion rocked the city of Ibadan, the capital of Oyo State in Nigeria, spreading panic among the residents. The incident, which occurred in the Bodija district, happened around 7:44 pm local time, near Dejo Oyelese Street. The intensity of the explosion was so great that it was captured on several videos shared on social media, revealing the extent of the damage.
Tony Elumelu becomes third Nigerian billionaire with two trillion naira Stakes
Tony Elumelu‘s remarkable journey in the African business realm is exemplified through the continuous success of the enterprises he oversees, namely United Bank for Africa (UBA), Transcorp, and its subsidiary Transcorp Hotels. Recognized as one of Africa’s most influential business leaders, Elumelu has just set a new milestone by becoming the third Nigerian billionaire to hold stakes in two companies collectively valued at over 1,000 billion Nairas (1.1 billion dollars).
White House: false alarm triggers surge of ambulances and fire trucks
Early this Monday morning, an unusual commotion disrupted the tranquility of the White House, the official residence of the President of the United States. A false fire alarm led to a massive response from emergency services. At 7 AM, emergency calls reported a fire at the White House with a person trapped inside. This alarming news immediately mobilized a fleet of emergency vehicles, including fire trucks and ambulances, which rushed to the presidential complex.
Nigeria: Oil Traders Partner with Dangote
Oil traders in Nigeria have registered with the Dangote Petroleum Refinery for the distribution of refined petroleum products. This collaboration represents a major shift in the country’s management of its oil resources. The Dangote Petroleum Refinery, a $20 billion project, recently commenced the production of diesel and aviation fuel.
Nigeria: Tiwa Savage ventures into film
Tiwa Savage, primarily known for her fame in the music world, is about to cross a new frontier with her foray into the film industry. The Nigerian singer, renowned for her captivating voice and hit songs, is making her acting debut in the movie “Water and Garri.” Set to release on Amazon Prime Video this year, this production from Everything Savage and Unbound Studios marks a significant turn in the star’s already impressive career.
Mike Adenuga surpasses Rabiu and becomes the second wealthiest in Nigeria
Nigerian telecommunications and oil magnate, Mike Adenuga, has reclaimed the second position in the ranking of the wealthiest men in Nigeria, surpassing Abdul Samad Rabiu after Forbes reevaluated the value of his mobile telecommunications empire, Globacom. This reassessment has propelled his net worth to $7.4 billion, solidifying his iconic status in the African economic landscape.
Nigeria: Aliko Dangote’s largest project set to launch soon
Aliko Dangote, an emblematic figure in the African economy, stands out not only as the continent’s foremost billionaire but also as a pioneer in multiple industrial sectors. Dangote, whose fortune saw a spectacular rise of over 100 million dollars in the first week of 2024, pushing his net worth above 15 billion dollars, epitomizes African entrepreneurial success. After a challenging year in 2023, he managed to rebound, particularly thanks to his wise investments in key sectors of the Nigerian economy.
The Nigerian Entrepreneur Tolu Alabi Secures $1.5 Million Funding for Her Startup, Cleva Banking
The Nigerian entrepreneur Tolu Alabi recently successfully led a pre-seed funding round of $1.5 million for her San Francisco-based fintech startup, Cleva Banking. This achievement in fundraising was made possible with the support of major investors such as 1984 Ventures and renowned venture capital firms including The Raba Partnership, Byld Ventures, FirstCheck Africa, and several angel investors. This significant capital injection comes just ten months after the establishment of Cleva Banking, underscoring investors’ confidence in the ambitious project spearheaded by Alabi.
Nigerian minister Betta Edu suspended over alleged fund diversion
The recent suspension of Dr. Betta Edu, Minister of Humanitarian Affairs and Poverty Alleviation, by Nigerian President Bola Tinubu, has rocked the country and sparked a wave of public outrage. This decision stems from alleged misappropriation of public funds amounting to over 585 million nairas (approximately $640,000 or £500,000) into a personal bank account. This action, perceived as a breach of trust and a violation of governmental ethics, has prompted an urgent investigation into Dr. Edu’s ministry.