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FORBES RELEASES COMPREHENSIVE 2023 WORLD BILLIONAIRE RANKINGS AS THREE NIGERIANS – DANGOTE, RABIU, ADENUGA, MAKE THE LIST

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ABDUL SAMAD RABIU’S ASR AFRICA BOOSTS OGUN HEALTH SYSTEM WITH 2.5BIL GRANT FOR ASR MOTHER AND CHILD HOSPITAL

FORBES RELEASES COMPREHENSIVE 2023 WORLD BILLIONAIRE RANKINGS AS THREE NIGERIANS – DANGOTE, RABIU, ADENUGA, MAKE THE LIST

 

 

 

Forbes has released its comprehensive list of world’s billionaires for 2023. The list, which came out Tuesday, April 4th, with 2460 individual billionaires globally, has a couple of surprises. This is more so since the last year has been full of falling stocks, wounded unicorns and rising interest rates which translated into a down year for many of the world’s richest people. The 25 richest people in the world are worth a collective $2.1 trillion, down a combined $200 billion from $2.3 trillion in 2022.

 

 

 

FORBES RELEASES COMPREHENSIVE 2023 WORLD BILLIONAIRE RANKINGS AS THREE NIGERIANS - DANGOTE, RABIU, ADENUGA, MAKE THE LIST

 

 

 

Luxury goods tycoon Bernard Arnault‘s net worth surged by $53 billion to $211billion dollars since last year, a bigger gain than anyone on the planet, to climb to the number one spot for the first time ever on the rise of share in his company, LVMH. Former world’s richest man, Elon Musk, slipped to second position after his worth reduced by $39billion due to his purchase of social messaging g app, Twitter.

 

 

 

 

 

 

One of the surprises however is the rise of BUA Group chairman Abdul Samad Rabiu. From 7.6Billion Dollars a few months ago, the Billionaire businessman and philanthropist’s rating in Forbes billionaires list has again shot up towering many to become the 249th richest person in the world and closing in on overtaking the third richest man in Africa, Nicky Oppenheimer who stands at 8.4billion Dollars. Rabiu’s latest worth is put at 8.2billion dollars. From 1.6billion Dollars in 2019, Forbes recorded that by 2022 his net worth was at 6.9billion dollars and from there has jumped to 8.2billion Dollars in April 2023.

 

 

 

 

 

 

 

62-year old Abdul Samad Rabiu is essentially into cement and sugar as well as real estate and is building sub-saharan Africa’s second largest refinery and petrochemicals plant in Akwa Ibom, Nigeria.

 

 

 

 

 

 

 

 

Meanwhile Aliko Dangote has retained his position as the wealthiest person of African descent in th e world. After climbing to 14billion Dollars in 2022, his wealth is estimated to be around 14.2billion Dollars as at the reports released on Tuesday April 4, 2023.

 

 

 

 

 

 

 

 

 

He is presently the 125th richest man in the world and he is easily the largest cement producer in Africa. He also has his hands in other businesses including pastries, sugar and other areas of manufacturing.

 

 

 

 

 

 

 

For Mike Adenuga, the third Nigerian on the African billionaire’s list, business has not been cosy. He dropped from 7.3billion Dollars in 2022 to 6.1billion dollars. The last couple of years have seen him move up and down the wealthiest’ scale. He’s now the 418th richest in the world at 58.

These are the only three Nigerians that made the list.

 

 

 

 

 

 

One other surprise name on the list however is 90-yr old Nathan Kirsh from tiny African Country of Swaziland. He is said to worth 6.5billion dollars, thus becoming the 6th ranked African billionaire, now above Mike Adenuga. He is believed to be into real estate retail and fashion.
It was the first time he would be featured as an African billionaire.

 

 

 

 

 

 

 

Methodology: According to Forbes, their ‘World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 10, 2023. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children if that person is the founder of the fortune’.

 

 

 

 

 

 

‘For non-founders, we previously listed couples and family members together in certain cases; this year, we separated these shared fortunes into individual list members, marked “split family fortune.” For Russian billionaires, fortunes were calculated using ownership structures from February 2022, prior to Russia’s invasion of Ukraine and before many made transfers of assets to managers, friends and others in an effort to protect their holdings from sanctions’.

 

 

 

 

 

 

 

‘We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes’.

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COAS Ties Battlefield Success to Constitutional Allegiance and Civil Authority

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COAS Ties Battlefield Success to Constitutional Allegiance and Civil Authority

 

During his operational visit to the 4 Special Forces Command in Doma, the Chief of Army Staff, Lieutenant General Waidi Shaibu, delivered a stark message, intertwining the elite unit’s combat effectiveness with an unshakeable pledge of allegiance to President Bola Ahmed Tinubu and the Nigerian Constitution.

 

While directing troops to intensify high-impact operations, the COAS made it clear that their mission is a direct expression of their constitutional oath. He reaffirmed that the Nigerian Army’s primary role is to defend the nation against external aggression and provide aid to civil authority, all in strict adherence to the supreme law of the land and under the leadership of the Commander-in-Chief.

 

This emphasis on loyalty served as a powerful backdrop to his operational directives. By linking the “decisive defeat” of terrorists to the Army’s constitutional mandate and loyalty to the President, Lt. Gen. Shaibu sought to galvanise the Special Forces, framing their upcoming engagements not just as military objectives but as a sacred duty to the democratically elected government and the nation’s founding charter. The message was clear: their fight is a fight for the Constitution and the president it empowers.

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Mercy Johnson Okojie, Purity Okojie Lead Campaign for Girls Tag’s All-in-One Period Care Kit

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*Mercy Johnson Okojie, Purity Okojie Lead Campaign for Girls Tag’s All-in-One Period Care Kit

 

 

iBlend Services, appointed Regional Agency for Girls Tag alongside its PR and marketing firm, Eddie MPR, has officially launched Girls Tag, described as Nigeria’s first all-in-one period care pack designed for girls aged nine and above.

 

The initiative seeks to tackle persistent gaps in menstrual health education and access to sanitary products in Nigeria, where many girls experience their first period with little preparation or guidance. According to the promoters, Girls Tag was created to eliminate the fear, confusion, and stigma often associated with puberty, replacing them with confidence, comfort, and dignity.

 

Beyond hygiene, the brand positions itself as a supportive care system for both girls and parents, offering tools and language to guide families through early puberty conversations.

 

To strengthen its reach, Girls Tag announced a strategic ambassadorial partnership with Nollywood actress and philanthropist Mercy Johnson Okojie and her daughter, Purity Okojie. The mother-daughter collaboration is intended to reflect authenticity and relatability for Nigerian families navigating similar experiences.

 

Speaking on the partnership, the leadership of iBlend Services expressed confidence that the ambassadors’ real-life connection would resonate deeply with mothers and daughters nationwide.

 

Mercy Johnson Okojie, in her remarks, described the initiative as a natural fit, noting that puberty can be an anxious period for both parents and children. She also revealed that her newly authored puberty guide, Youberty, will be included in every Girls Tag kit. The book is designed to help boys and girls aged 10 to 13 better understand the physical and emotional changes that come with growing up.

 

Each Girls Tag care pack contains premium sanitary pads in various sizes, overnight period pants, panty liners, disposable sanitary bags, a discreet sanitary purse, and a copy of Youberty. The kit is tailored to support first-time and early period experiences while promoting proper hygiene and self-care.

 

The company disclosed that the product will be available nationwide in Q2 2026 at select retail stores, pharmacies, and malls, with direct delivery options through its website and social media handle, @girlstag.ng.

 

With its combined focus on education, dignity, and accessibility, Girls Tag aims to reshape menstrual health support for young girls across Nigeria.

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DSS Invites Ogun LG Chairman, Alebiosu and others Over Attack At APC Stakeholders Meeting

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*DSS Invites Ogun LG Chairman, Alebiosu and others Over Attack At APC Stakeholders Meeting*

 

The Department of State Services (DSS) Abeokuta on Monday invited Ijebu Ode local government Chairman, Hon Dare Alebiosu, and some political thugs alleged to have caused disturbance, incitement and physical attack during an APC stakeholders meeting few days to Ward Congress in the area.

A reliable security source disclosed that an aide of the Governor who was reportedly attacked during the stakeholders meeting was said to have petitioned the DSS.

According to the source, there have been growing concerns over the activities of the LG Chairman, who was alleged to be backing cultists and using them as a tool for harassment and intimidation in the community.

As it was reported, the LG boss was accused to have openly confronted and accused the Governor’s aide for identifying some of the cultists to DSS officials, while one of the cultist was said to have hit their target in the face and removing his medicated glasses. The swift and professional intervention of the Men of DSS quickly deescalated the matter and the meeting went on to a conclusive end.

The meeting which held at the residence of Chief Okuboyejo, the Governor’s Advisory Council Chairman at GRA Ijebu ode became tensed, after the LG chairman invaded the private premises of the old man with a large number of cultists which some of them were allegedly believed to be armed.

The source added that the case is presently with the DSS, while the petitioner has also submitted various evidence against the LG Chairman.

In another turn of event, Commisoner for Urban and regional planning was harassed and robbed, so also the former SLG to the Local govt also almost lost his life as he was attacked with cutlass by thugs who were allegedly said to be led by Dapo Adebajo, he was hospitalized. The case has also been reported to the DSS and Police as at the time of filling this report.

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