For the first time, Africa’s billionaires have collectively surpassed the $100 billion mark, with Nigerian business leaders playing a significant role in this financial milestone. The latest Forbes Billionaire List (March 2025) reveals that the continent now boasts 22 billionaires with a combined net worth of $105 billion, marking a sharp rise from last year’s $82.4 billion and 20 billionaires. Despite ongoing economic challenges, including currency instability and political uncertainties, Africa’s wealthiest individuals have seen notable gains. Nigeria, which has four billionaires, recorded the highest surge in wealth, largely driven by Aliko Dangote and Femi Otedola. Nigeria’s Wealth Leaders NameNet…
Author: Naija Daily News
By Deborah Nnamdi A security guard at a popular eatery in Rumukrushi, Obio/Akpor Local Government Area of Rivers State Ifeanyi Ani, was allegedly beaten to death by a customer on Thursday, March 27, 2025. According to eyewitnesses, Ani, the security guard and father of three approached the customer’s car to request that he turn off his headlights. The customer, whose identity has not been disclosed, allegedly punched the security guard repeatedly, leading to his collapse and eventual death. The management of the eatery promptly arrested the customer and handed him over to the Mini-Okoro Police Division. The Rivers State Police…
By Deborah Nnamdi The Nigeria Education Loan Fund (NELFUND) has celebrated the visionary leadership of President Bola Ahmed Tinubu as he marks his 73rd birthday, highlighting the success of the student loan scheme initiated by his administration. A statement signed by Managing Director/ Chief Executive of NELFUND, Mr Akintunde Sawyerr, disclosed that since its launch, over 500,000 students have registered for the interest-free loan, demonstrating the government’s commitment to human capital development and education for all. The loan scheme aims to provide affordable and sustainable education financing, ensuring that no Nigerian student is left behind due to financial constraints. He…
By Deborah Nnamdi The suspended Governor of Rivers State, Siminalayi Fubara has denied all allegations leveled against him by the immediate past Head of Service, Dr. George Nwaeke. Recall that Nwaeke recently resigned from his position following the worsening political crisis in the state. Amongst several other allegations, Nwaeke claimed that Governor Fubara plotted to destroy oil facilities in the Niger Delta. He also alleged that the governor orchestrated the bombing of the state House of Assembly complex to avert his impeachment. Nwaeke further alleged that the embattled governor plotted to pull down the President Bola Tinubu-led government and support…
By Sadeeq Kamsela, Abuja A former Nigerian President, Muhammadu Buhari, has expressed joy at the bond that exists between him and his successor, President Bola Ahmed Tinubu. Buhari remarked on a telephone call with Tinubu, on the occasion of the latter’s 73rd birthday, stressing that they share a political and historical commitment to national development. “When we pray for our leaders, we are ultimately praying for the well-being of the nation. This is a responsibility we all share,” Buhari said, according to a statement issued on Saturday by his media aide, Garba Shehu. Reflecting on their collaboration within the All…
*Fmr Gov says looting Rivers wealth behind Wike/Fubara fight By Didimoko A. Didimoko A former Governor of Rivers State and defeated APC presidential aspirant, Chibuike Rotimi Amaechi, has lampooned President Bola Ahmed Tinubu for sacking the elected governor and members of the Rivers State House of Assembly. Amaechi, who lost to Tinubu in the contest for the APC ticket in 2023, said the president acted outside his constitution powers with the declaration of a state of emergency and he appointment of an administrator for the state. He also described the tussel between suspended Governor Siminalayi Fubara and his estranged godfather,…
If you’re planning to apply for a UK visa, now is the time to act. Starting April 9, 2025, the UK government will introduce a fresh round of immigration and nationality fee hikes, affecting visitors, students, workers, and even those seeking British citizenship. What’s Changing? Everything is changing. From short-term visit visas to long-term settlement applications, the cost of moving to or staying in the UK is about to go up. Below are some key changes: Visit Visas 6-month visa: Increasing from £115 to £127 (+£12) 2-year visa: Rising from £432 to £475 (+£43) 5-year visa: Climbing from £771 to…
The immediate past Rivers State Head of Service, Dr. George Nwaeke yesterday gave what appears to be yet the most revealing insider’s account of some of the events that culminated in the March 18 suspension of Governor Siminalayi Fubara and the state Assembly for six months. Nwaeke, who claimed to have been an eyewitness to some of the actions taken by Fubara, spoke of how the suspended governor allegedly plotted the destruction of the State House of Assembly and economic sabotage to ensure the downfall of President Bola Tinubu. Nwaeke, in a video press conference and a statement in the…
By Deborah Nnamdi Danielle Baxter, a 39-year-old mother of three, has been arrested and charged with several offenses, including murder and abuse of a corpse, following the fatal shooting of her 38-year-old husband, Jordan Baxter, outside their home in Philadelphia. Authorities reported that Jordan Baxter’s body was found on a plastic sheet between two cars parked outside the residence on March 19. He had suffered a gunshot wound to the head, with a gun placed on his chest. Bloodstains were also discovered inside the home, where the couple lived with their three children. In a chilling development, Danielle Baxter had…
Governor Douye Diri of Bayelsa State has warned those planning a mega rally and inauguration of a group loyal to the Federal Capital Territory (FCT) Minister, Nyesom Wike, that such gathering is capable of igniting crisis in the state. But Wike’s political group said no going back on the planned mega rally in Yenagoa. The governor who spoke in separate meetings with the Bayelsa Elders Council and at the 37th session of the state security council on Thursday in Yenagoa,said the planned protest is a plot to breach peace, and warned that the state government would not condone any act…