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Tag "Forbes"
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The United States district court for the eastern district of Virginia on August 7 granted Obinwanne Okeke, Invictus Group CEO, permission to see a dentist.Okeke, a Nigerian entrepreneur popularly known as Invictus Obi, is being held by the Federal Bureau of Investigations (FBI) over an $11 million advanced internet scam traced to him.He was arrested on August 6 in the [...]
Obinwanne Okeke, Invictus Group CEO who is popularly known as Invictus Obi, has erased all traces of his social media existence.Save for his personal blog, (http://www.obinwanne.com) and bios on his company's platforms, Okeke's social media pages have been deleted since he found himself in troubled waters.But how did it all start?On Friday, many Nigerians took to social media to express [...]
Forbes, an American business magazine, has ranked Nigeria as the 110th best country in the world for business.The magazine said it compiled the list by rating 161 countries on 15 factors: property rights, innovation, taxes, technology, corruption, infrastructure, market size, political risk, quality of life, workforce, freedom (personal, trade and monetary), red tape and investor protection.The United Kingdom, Sweden, Hong [...]
Forbes has ranked Nigeria 3rd best in Africa in terms of "investor protection".Rwanda and South Africa were rated above Nigeria on the African continent. A total of 153 countries were surveyed.The American business magazine made this known in its Index of Best Countries for Business Report released on Friday.The report said in the period under review, Nigeria experienced positive economic growth driven [...]
Aliko Dangote, president of Dangote Group, has been ranked by Forbes as the 66th most powerful person on earth, ahead of Mike Pence, US Vice-President.In the American business magazine's 75-person list, Dangote clinched the second position in Africa, trailing President Abdel Fattah el-Sisi of Egypt, who was ranked 45th.Both men are the only Africans on the list. Dangote is up [...]
Ben Murray-Bruce, senator representing Bayelsa-east, says he first met Aliko Dangote, billionaire businessman in 1981 when he was the richest man in Apapa, Lagos.In a tweet on Thursday, the lawmaker said in less than three decades, the president of Dangote Group grew from being the richest man in Apapa to becoming Africa’s richest man.Challenging the younger people, Bruce said despite the [...]
Daytime talk show host Phil McGraw better known as Dr. Phil is the highest paid TV host in 2017, according to Forbes. [...]
Manchester United returned to the top of Forbes' most valuable football teams for the first time in five years with an estimated net worth of £2.86bn.In spite of the Red Devil's failure to finish in the top four, the club is still ranked above Champions League and La Liga winner Real Madrid as well as Barcelona.United generated £593million during the 2015/16 [...]
Five Nigerians are among Forbes Africa's latest “class of 2017 30 under 30”.The class is considered to be among 600 of the brightest young entrepreneurs, innovators and game changers in the world with focus on business, investing, technology, entrepreneurship, leadership and lifestyle, according to the global media.The Nigerians recognized in the list include Nasir Yammama, 27; Shakeela Tolasade Williams, 29; [...]
Aliko Dangote, president of Dangote Group and Africa's richest man, has been rated by Forbes Magazine as more powerful than Mike Pence, the vice president-elect of the world's most powerful nation, the US.On its 74-person list of the most powerful people in a world of 7.4 billion people, Forbes rated President Vladimir Putin of Russia as the most powerful person alive.Putin [...]
Femi Otedola, Nigerian businessman, is no longer a billionaire following a huge decline in the stock price of Forte Oil, according to Forbes.According to Forbes, Otedola's net worth, previously $1.8 billion, has plunged to $550 million.Forte Oil, a petroleum distribution and marketing company, is listed on the Nigerian Stock Exchange (NSE).When Forbes published its annual ranking of the world's richest [...]
Rapper Aubrey Drake Graham became the newest member of The Forbes five club of hip-hop's wealthiest artist on Monday with a net worth of $60 million.The annual list had regularly included rap artistes Bryan Birdman Williams, Andre Dr. Dre Young, Shawn Jay Z Carter, Curtis 50 Cent Jackson and Sean Diddy Combs.Due to the mismanagement of funds which resulted in [...]
The University of Cumbria has selected Funmi Iyanda, a Nigerian media guru, for a honorary fellowship.According to the university, Iyanda, who is the first African woman to receive the award, is being recognised based on her "significant global contribution to human rights and sustainability".The award will be presented to her on Wednesday at a graduation ceremony in the historic Carlisle Cathedral in [...]
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