With the latest Forbes magazine net worth of Alhaji Aliko Dangote valued at $10.8 billion, the 10 time Africa’s richest Nigerian has been displaced by a South African billionaire Johann Rupert to the second position in the Africa’s richest list. Before the latest update of Dangote’s net worth, he was richer than the combined Gross … Read more
Unlike today when a local government chairman can buy property in Dubai, UK, and anywhere he chooses to, it wasn’t like that in the 60s and 70s, the story was different in the 1970s And according to Ebun Oyagbola, Nigeria’s first female minister, public service was purely for service to humanity and “your community. Full … Read more
For someone like me who has been following the practical economic track records of Charles Soludo, the Governor of the industrial state of Anambra, I can’t express how happy I was when he clinched his party ticket and rode to win the Saturday, November 9, 2021 guber election. He assumed office as Anambra State governor … Read more
Until the Economic and Financial Crimes Commission (EFCC) released a public statement Wednesday, October 27, 2021, that it would be auctioning some properties linked to Nigeria’s former Minister of Petroleum Resources, most people never knew there was a lady’s bra as expensive as $12.5 million. For your information….$12.5million is NGN7,000,000,000 at the parallel market at … Read more
On October 2, 2023, Diezani Alison-Madueke, appeared before the Westminster Magistrates Court in the United Kingdom over an alleged £100,000 bribe. Her latest trial in far away UK since 2015 means that Nigeria’s anti-graft agency – EFCC – still has its eyes on her for extradition to face corruption charges back home. Takeaways: This article … Read more
Nigeria’s economy is wallowing in internal and external debts worth trillions of Naira, while the executive and the lawmaking arms are plundering the revenue, yet they are desperately in searching of means of paying off the debts and means of funding country’s 2022 budget. But a member of the House of Representatives at the National … Read more
From being a private equity lawyer to a philanthropist without borders, Efe Ukala isn’t a woman you would find dolling out cash to anyone that comes her way. Rather, she travels across Africa with her team at ImpactHER to discover and identify women who have sound business ideas, support them morally, emotionally, technically, psychologically, and … Read more
As the CBN Governor, Godwin Emefiele operated 593 foreign bank accounts, consented to the withdrawal of over $6 million from the Forex vault of the CBN, and stashed over £543 million in one of his accounts domiciled in the United Kingdom among other financial malfeasance levelled against him by the special investigator of his reign … Read more
Since the Central Bank of Nigeria came into full operation on July 1, 1959, the Director of Currency has always been male until August 30, 2018, when the energetic female banker Priscilla Ekwere Eleje broke that dominance. Eleje, a graduate of Psychology, became the first Nigerian female to become the Director of Currency at Nigeria’s … Read more
One of the cabinet members of President Muhammadu Buhari with an intimidating profile is the Minister of the Federal Capital Territory, Alhaji Muhammed Musa Bello, a cool-header Yola-man, yet a result-driven The former banker who underwent banking training at one of the most reputable financial institutions in the world could simply be described as the … Read more
The coup de tat in Guinea isn’t the first one where an employee would kick out their appointor. We saw it happen in Egypt, Chad, DRC, and on Sunday, September 5, 2021, a French-trained soldier Col Mamady Doumbouya kicked out his boss President Alpha Conde from Presidential Palace. Disclaimer: InfomediaNG Team is still monitoring the … Read more
On Wednesday, May 10, 2023, the former minister of power Sale Mamman was arrested and detained by the Economic and Financial Crimes Commission (EFCC) for allegedly embezzling NGN22 billion. The ex-minister is surrounded by many controversies even when he was in office between 2019 to 2021. Intro: The privileges that come with political posts in … Read more
Dynamic, proactive, and result-oriented are some of the few adjectives to describe Mohammad Abubakar, a holder of Ph.D. in Watersheds Management at the University of Arizona, Tucson in the United States of America. No one knew what the former chairman of the Universal Basic Education Commission had in his bag in terms of innovations until … Read more
One of the most controversial cabinet members in the second term of the administration of President Muhammadu Buhari was Sabo Nanono, a former banker who was the Minister of the Federal Ministry of Agriculture and Rural Development until his sack on September 1, 2021 Unlike his predecessor who was always in the news by ditching … Read more
The world can never forget the year 2020 which some people prefer to call the “pandemic year” because of the agony that came with it, but the COVID-19 outbreak was a success story for some businesses around the world. To the founders of such businesses, they became richer. Forrest Li, the 2021 wealthiest man in … Read more