Nigeria’s Alakija displaces Oprah Winfrey, becomes richest black woman in the world

Mrs Folorunsho Alakija, a Nigerian billionaire oil tycoon, Fashion designer and philanthropist is now the richest black woman in the word, according to report published by Ventures Africa, an African business magazine and news services. Alakija, 61, is worth at least $3.3 billion- contrary to a recent Forbes Magazine ranking which pegs her net worth Continue Reading...

Nigeria to Become Fifth Most Populous Country in 2025

4 Dec 20012 Vice President Namadi Sambo Paul Obi A new release by The Economist Magazine, ‘World in Figures’ in London has revealed that Nigeria is set to become the world fifth largest population going by its population growth. The 2013 publication also placed the country in 13th position among countries with the highest fertility Continue Reading...

Shops, Property Worth Millions Destroyed In Abuja Estate Explosion

Tue, 04/12/2012 – 2:51pm | CATHERINE AGBO • Cover Stories • News A block of shops and property worth millions of naira were yesterday destroyed in an explosion that occurred at Efab Estate Lokogoma Neighbourhood Shopping Centre. The shopping centre is located in the midst of residential property in Phase one of the estate. The Continue Reading...