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    Prosecutors demand six-year prison sentence for Simon Ekpa

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    SEC alerts Nigerians of illegal operator Silverkuun Investment Cooperative Society/Silverkuun Limited

    SEC alerts Nigerians of illegal operator Silverkuun Investment Cooperative Society/Silverkuun Limited

    Legal Expert says only Rivers State can collect VAT as at today following Appeal Court’s order to “maintain status quo”

    Wike describes Seyi Makinde as chief architect of PDP problems

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Breaking: President Tinubu dissolves Boards of Parastatals, Agencies, Institutions

    President Bola Tinubu Approves New Heads of Federal Agencies & Commissions

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    UH Real Estate Investment Trust to distribute N5.05 per unit to unit holders

    Canceling Keystone XL pipeline cost thousands of jobs, billions of dollars – Biden Administration

    Breaking: President Joe Biden diagnosed with “aggressive” cancer

    Mexican Navy Ship crashes into New York Bridge

    Mexican Navy Ship crashes into New York Bridge

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    Pope Leo XIV holds inaugural mass, sets tone for his papacy

    • Nigeria
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    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

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    ELECTION: Cutix Plc reschedules Board Meeting

    CUTIX PLC reports N1.1 billion profit for the FY ended April 2025

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    Security features of the new naira notes revealed by the CBN

    The Frontier Fund unit holders to get N17 per unit distribution

    Banks begin to charge taxes on bonds, T-bills as exemption expires

    Skyway Aviation Handling Company Plc announces N0.6 final dividend for 2024 FY

    Dangote Refinery reduces petrol price by N15 nationwide

    Dangote Refinery reduces petrol price by N15 nationwide

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    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    NGX Daily Equities Market Report: Market gains for third consecutive days

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

    Bitcoin soars above $21,000 as U.S. dollar sags

    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

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    Bitcoin crosses US$60K, approaches All-Time High

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    Alhaji Dahiru Mangal sold his 1.96bn Oando Shares for N11.81bn

    NGX RegCo suspends Trading of Oando Plc shares

    NGX RegCo approves Livingtrust Mortgage Bank’s free float compliance plan

    SEC approves Busha and Quidax as crypto exchanges in Nigeria

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

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    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

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Home News Africa

Nigeria’s Aliko Dangote emerges richest man in Africa in Q1 2024

Monday, 1 April 2024, 4:41 pm
in Africa, News
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Nigeria’s Aliko Dangote emerges richest man in Africa in Q1 2024
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Nigeria’s Aliko Dangote emerged as the richest man in Africa at the end of the first quarter of 2024, with a net worth of US$15.10 billion.

Also read; NDLEA arrests Qatar-bound woman with 10.7kg of cannabis concealed in African salad and dried vegetables

At the beginning of 2024, Johann Rupert & Family from South Africa held the title of the richest in Africa with a net worth of US$10.30 billion.

Business Insider reported that at the onset of the year, Dangote had a respectable US$9.5 billion to his name.

As at the end of Q1 2024, the 10 richest people in Africa has a combined fortune of US$74.70 billion.

Nigeria, South Africa, and Egypt dominated the list of top 10 richest people in Africa with three representatives each, while the remaining one came from Eswatini (formerly Swaziland).

Below are the 10 richest people in Africa in Q1, 2024 (Business Insider):

  1. Aliko Dangote
    • Net worth: US$15.10 billion
    • Country: Nigeria
    • Industry: Cement, Food, Oil
    • Global rank: 129th
  2. Johann Rupert & Family
    • Net worth: US$11.20 billion
    • Country: South Africa
    • Industry: Luxury goods
    • Global rank: 228th
  3. Nicky Oppenheimer & Family
    • Net worth: US$9.50 billion
    • Country: South Africa
    • Industry: Diamonds
    • Global rank: 256th
  4. Nassef Sawiris
    • Net worth: US$8.90 billion
    • Country: Egypt
    • Industry: Construction and investments
    • Global rank: 287th
  5. Nathan Kirsh
    • Net worth: US$7.1 billion
    • Country: Eswatini (formerly Swaziland)
    • Industry: Retail, real estate
    • Global rank: 384th
  6. Mike Adenuga
    • Net worth: US$6.90 billion
    • Country: Nigeria
    • Industry: Telecom, Oil
    • Global rank: 407th
  7. Abdulsamad Rabiu
    • Net worth: US$6.30 billion
    • Country: Nigeria
    • Industry: Cement, Food
    • Global rank: 461st
  8. Naguib Sawiris
    • Net worth: US$3.80 billion
    • Country: Egypt
    • Industry: Telecom
    • Global rank: 846th
  9. Mohammed Mansour
    • Net worth: US$3.20 billion
    • Country: Egypt
    • Industry: Diversified
    • Global rank: 1039th
  10. Koos Bekker
    • Net worth: US$2.70 billion
    • Country: South Africa
    • Industry: Media, investments
    • Global rank: 1255th
Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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