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Bloomberg rates Aliko Dangote richest man in Africa with $15.6bn

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Aliko Dangote

President of Dangote Group, Aliko Dangote remains the richest man in Africa, despite the volatility of Nigerian currency against the dollar. Bloomberg in its daily top billionaire lists, released on Tuesday, revealed that Dangote with a wealth of $15.6 billion topped other Africans in the Index.

Dangote, who remains the richest man in Africa for the 12th year running, was the only Nigerian on the list of the top 500 billionaires, as released by Bloomberg.

Other Africans listed in the latest top 500 world billionaires list for the year 2023 include Johann Rupert and family of South Africa, now worth $13.3 billion, while Nicky Oppenheimer of South Africa, Nassef Sawiris of Egypt, Natie Kirsh of South Africa, and Naguib Sawiris are also worth $9.0 billion, $7.47 billion, $7.37billion and $5.93 billion respectively. These are the only five other Africans that made the list.

The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, and each individual billionaire profile contains a detailed analysis of how that person’s fortune is tallied.

The index is a dynamic measure of personal wealth based on changes in markets, the economy and Bloomberg reporting. Each net worth figure is updated every business day after the close of trading in New York. Stakes in publicly traded companies are valued using the share’s most recent closing price. Valuations are converted to U.S. dollars at current exchange rates.

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Ellon Musk and Bernard Arnault are the richest in the world with $219billion and $194 billion respectively in their kitties while Jeff Bezos and Bill Gates followed respectively with $151 billion and $130 billion. Larry Ellison was the fifth richest with $130 billion on the world’s billionaires’ chart.

Bloomberg is a global information and technology company, that connect decision makers to a dynamic network of data, people and ideas – “accurately delivering business and financial information, news and insights to customers around the world” Bloomberg L.P. provides financial software tools such as an analytics and equity trading platform, data services, and news to financial companies and organisations through the Bloomberg Terminal.’

Africa’s richest man, with his new worth of $15.6 billion, controls Dangote Industries, a closely-held conglomerate. The Lagos, Nigeria-based company owns sub-Saharan Africa’s biggest cement producer, Dangote Cement. It also has interests in sugar, salt, fertiliser and packaged foods. Dangote also recently commissioned the $19bn petroleum refinery plant, which is now the Africa’s largest refinery.

It would be recalled that Aliko Dangote, was also recently named as among the topmost charitable man in the World by Richtopia, a digital periodical that covers business, economics, and financial news, based in the United Kingdom. This recognition came after he endowed his foundation, the Aliko Dangote Foundation (ADF) to the tune of $1.25 billion.

Aliko Dangote started his Foundation in 1981, with a mission to enhance opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden economic empowerment opportunities.

Aliko Dangote Foundation was however incorporated in 1994 as a charity in Lagos, Nigeria. 20 years later, the Foundation has become the largest private Foundation in sub–Saharan Africa, with the largest endowment by a single African donor. The primary focus of Aliko Dangote Foundation is health and nutrition, supported by wrap-around interventions in education, empowerment, and humanitarian relief.

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Thugs Attack Journalists During APC Rally in Kano

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A group of suspected thugs on Saturday attacked journalists covering an All Progressives Congress (APC) rally in Kano State, smashing the windows and damaging a Radio Nigeria vehicle conveying members of the media.

The incident occurred shortly after the conclusion of a rally held at the Sani Abacha Stadium in Kano, where the leadership of a coalition of groups supporting President Bola Ahmed Tinubu was inaugurated.

According to eyewitness accounts, the thugs attacked a team of journalists who had gone to the venue to cover the event, targeting the Radio Nigeria, Pyramid FM vehicle in which some of the journalists were travelling.

The attackers reportedly used machetes and knives to strike the vehicle repeatedly, smashing its windows and damaging various parts of the bus.

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Among the journalists affected in the attack were Abdulbaki Ali Ahmad Sharifai of Guarantee Radio and Yakubu Gwagwarwa of Pyramid Radio.

One of the journalists who spoke to Nigerian Tracker said the presence of security personnel inside the Radio Nigeria bus did not deter the attackers from carrying out the assault.

The journalist said the thugs continued attacking the vehicle despite the fact that security agencies were inside the bus with the journalists.

According to him, the attack created fear and confusion among the journalists, who had attended the political gathering in the course of carrying out their professional duties.

The incident has raised concerns over the safety of journalists covering political activities in Kano, particularly during large political gatherings where journalists are expected to move freely and report events without intimidation or attacks.

The motive behind the attack was not immediately clear, and it was also unclear whether any arrests had been made in connection with the incident as of the time of filing this report.

The attack comes amid increased political activities in Kano and across the country as political groups mobilise support for their respective interests ahead of future elections.

 

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Gov. Mutfwang Orders Closure of Schools Across State as Diphtheria Hits Plateau

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By Yusuf Danjuma Yunusa

Plateau State Governor, Caleb Mutfwang, has directed temporary closure of public and private primary schools across the state over diphtheria outbreak.

The disclosure was made in a statement on Saturday by the commissioner for information and communications, Joyce Ramnap.

She stated that the directive was effective from Monday.

She noted that the government took the decision as preventive measures against the spread of the disease.

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Mrs Ramnap noted that the suspected cases had been recorded in parts of Jos North, Wase, Jos South and Bassa Local Government Areas of the state.

“‎‎Accordingly, schools that have already resumed academic activities are also directed to close from Monday, September 7, 2026, and remain closed until further notice,” the statement noted.

The statement said the governor directed school proprietors, administrators, teachers, parents and guardians were to comply with the directive.

The governor also said schools should ensure that students and pupils remain at home throughout the period as part of measures to ensure their safety including the teaching and non-teaching staff during the period.

The statement added that Mr Mutfwang appreciated the stakeholders for their understanding and cooperation as the government continued to take appropriate measures in the best interest of the residents.

‎”Further information on the resumption of academic activities will be communicated to the public in due course,” he said.

Reports have it that 23 peoples have been killed by diphtheria in several communities, and 143 others infected in Jos North.

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Emir of Gumel, Ahmad Muhammad Sani, Dies After 45 Years on the Throne

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The Emir of Gumel, His Royal Highness Alhaji Ahmad Muhammad Sani II, has died after more than four decades on the throne, bringing to an end the reign of one of Northern Nigeria’s longest-serving traditional rulers.

Ahmad Muhammad Sani II, who became the 16th Emir of Gumel, ascended the throne in 1980 following the death of his father, the late Emir Maina Muhammad Sani II. He subsequently received his staff of office from the then Governor of Kano State, the late Alhaji Abubakar Rimi, in 1981.

His death marks the end of a historic reign that spanned more than 45 years and covered some of the most significant political, social and administrative changes in the old Kano State and, later, Jigawa State.

Before ascending the traditional throne, the late Emir was actively involved in public service and politics. He served as Commissioner for Information, Internal Affairs and Culture in the Kano State Government during the administration of Governor Abubakar Rimi between 1979 and 1980.

His transition from political office to the traditional institution came after the death of his father in December 1980. Historical records indicate that Ahmad Muhammad Sani was selected to succeed his father on December 16, 1980, while his formal presentation with the staff of office followed on May 29, 1981.

As Commissioner for Information, he was associated with important developments in the media sector of the then Kano State. Records indicate that during his tenure, he played a role in the establishment of Triumph newspaper and CTV67 television station, now associated with the state’s television broadcasting history, while also overseeing the expansion of Radio Kano.

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His educational background was also notable. He attended Gumel Primary School and Hadejia Middle School before graduating from Kano High School at Rumfa College in 1961. He later obtained qualifications in Public Administration from the Institute of Administration in Zaria, now part of Ahmadu Bello University, and pursued further studies in Political Science and International Relations at Ohio University in the United States.

Before entering politics, Ahmad Muhammad Sani had worked with the Gumel Native Authority and later joined the Immigration Department, where he was posted to Ngamboru Ngala in present-day Borno State. He subsequently served as a senior government official in the Kazaure Divisional Office before moving into politics in 1978.

His long reign as Emir of Gumel made him one of the most experienced traditional rulers in Northern Nigeria. The Jigawa State Government describes him as the 16th Emir of Gumel and records that he had remained on the throne since 1981.

Over the years, the Emir became associated with efforts to promote peace, education, community development and the preservation of traditional values. His palace also played a role in mobilising communities around government programmes, including public health initiatives.

The World Health Organisation, for instance, previously identified the Emir of Gumel as one of the traditional rulers who played an active role in promoting immunisation activities in his emirate. The organisation reported that he publicly vaccinated his own children as part of efforts to reassure communities about the safety of polio vaccination.

Even in the later years of his reign, the Emir continued to participate in peace-building and community affairs. In 2025, he was represented at a farmers-herders peace meeting in Jigawa, where his message emphasised dialogue and mutual understanding as essential to achieving lasting peace.

In December 2025, the Emirate marked his 45th anniversary on the throne, with prominent national and traditional figures, including Vice President Kashim Shettima and the Sultan of Sokoto, participating in activities associated with the anniversary.

His death therefore comes after a reign that began in the final years of the Second Republic and continued through successive military governments, the return to democratic rule in 1999, the creation of Jigawa State and several generations of political leadership.

The Emir of Gumel’s reign also represented a unique bridge between political administration and traditional leadership. Having served as a senior political office holder before becoming a monarch, he brought extensive experience of government and public administration to the traditional institution.

With his passing, the Gumel Emirate loses a monarch whose tenure lasted more than four decades and whose public career had already begun before his accession to the throne.

Details concerning his burial arrangements, the circumstances surrounding his death and the process for selecting his successor are expected to be announced by the Gumel Emirate Council and the Jigawa State Government

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