South African Billionaire Rupert Floors Floors Dangote As Africa’s Richest Man

LAGOS JANUARY 5TH (NEWSRANGERS)-According to a recent list released by Forbes Magazine, South African Business Mogul, John Rupert has dethroned Nigerian Aliko Dangote to emerge as the richest man in Africa. In the ranking, Johann Rupert & family’s wealth went from $10.7 billion to $10.3 billion to emerge as Africa’s richest man. This saw Aliko…

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EFCC Besieges Dangote Group Hqtrs Over Alleged  Illegal $3.4bn Forex Allocation

LAGOS JANUARY 5TH (NEWSRANGERS)-Operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday conducted a search operation at the head office of the Dangote Group in Lagos as it widens investigations into the foreign exchange transactions during the tenure of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.  Our correspondent gathered…

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Strike: Maritime Workers To Shut Down Nigerian Ports On Tuesday

LAGOS JANUARY 5TH (NEWSRANGERS)-The Maritime Workers Union of Nigeria, MWUN, has threatened to shut the nation’s ports from Tuesday, January 9, over the alleged continued refusal of the International Oil Companies, IOCs, and Stevedoring Contractors to comply with the Stevedoring extant laws.  In a statement Wednesday night, the President-General of the union, Prince Adewale Adeyanju,…

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LASTMA Arrest Three One Chance Armed Robbers, Armed Bearer Flees With POS Machine

LAGOS JANUARY 5TH (NEWSRANGERS)-Operatives of the Lagos State Traffic Management Authority (LASTMA) yesterd arrested three notorious ‘one chance’ armed robbers by Jubilee Bridge around Abule-Egba area of Lagos. In a press statement issued by the Director, Public Affairs and Enlightenment Department of LASTMA Mr. Adebayo Taofiq confirmed that they were arrested by  LASTMA personnel alongside…

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US Charges Nigerian Who Bids For  Sheffield United With Security Fraud

LAGOS JANUARY 5TH (NEWSRANGERS)-U.S. prosecutors in Manhattan unveiled criminal charges against a Nigerian fintech businessman who recently bid unsuccessfully for an English Premier League soccer team, saying he lied to investors about his companies’ finances. Odogwu Banye Mmobuosi, 45, the former co-chief executive officer of Tingo Group (TIO.O), was charged with securities fraud, making false…

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