Adebayo Ogunlesi, a prominent Nigerian businessman and CEO of Global Infrastructure Partners (GIP), has joined the ranks of Africa’s billionaires, with his net worth reaching an impressive $1.7 billion. This achievement follows a landmark $12.5 billion deal with BlackRock, Inc., the world’s largest asset manager, significantly contributing to Ogunlesi’s wealth increase. With this milestone, Ogunlesi…
The Catoca diamond mine, located in Angola, is the world’s fourth-largest open-pit diamond mine and is responsible for producing over 75% of Angola’s diamonds. However, this vital source of revenue has been at the center of a dispute between Angola and Russia, stemming from the impact of international sanctions on the sale of diamonds mined…
Finding time for spiritual reflection can be a challenge. Between work, family, and social commitments, our days often feel too busy for quiet moments of connection with God. But what if there was a way to keep that connection alive, even amidst the hustle and bustle? Enter Dear Abba—a unique book that serves as your…
In an increasingly interconnected world, managing finances across multiple currencies and countries can be a daunting task. The complexity of juggling different bank accounts, converting currencies, and ensuring secure transactions often leaves individuals and businesses searching for a more efficient solution. Enter 1app, the all-in-one financial tool designed to simplify and enhance global banking and…
Egypt has escalated its ongoing dispute with Ethiopia over the Grand Ethiopian Renaissance Dam (GERD) by formally bringing the matter to the United Nations. The Egyptian foreign minister has sent a letter to the President of the UN Security Council, highlighting the tensions and potential repercussions of Ethiopia’s recent actions concerning the dam. This move…
Algeria has officially received approval to join the BRICS New Development Bank (NDB), marking a significant step in the nation’s economic and diplomatic engagement with the BRICS bloc. The announcement was made by the bank’s president, Dilma Rousseff, during the ninth annual meeting of the NDB in Cape Town, South Africa, Reuters reported on Saturday….
The Nigerian government has announced plans to allocate $800 million to establish new power substations and distribution lines as part of the Presidential Power Initiative (PPI). This development was disclosed by the Minister of Power, Adebayo Adelabu, during his tour of the TBEA Southern Power Transmission and Distribution Industry in Beijing, China. The ministry released…
Recent studies have revealed that semaglutide, a popular weight-loss drug marketed under the names Ozempic and Wegovy, may have benefits beyond shedding pounds. According to researchers, semaglutide could also play a role in slowing down the biological aging process, a revelation that could potentially revolutionize how we view and treat age-related diseases. A Surprising Discovery…
As the new year unfolds, travelers are eager to discover the best cities to visit around the globe. From cultural capitals to historic landmarks, the top cities for 2024 offer something for everyone, blending modern attractions with rich histories and vibrant local cultures. Here’s a look at the 10 best cities to visit this year,…
Abdul Samad Rabiu, Chairman of BUA Cement, has revealed that the company’s initial plan to reduce cement prices to ₦3,500 per bag was undermined by greedy middlemen and a lack of cooperation from other industry players. Speaking during BUA Cement’s 8th Annual General Meeting (AGM) on Thursday, Rabiu explained that the company’s price reduction strategy,…