Tuesday, December 6, 2022
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    Latest Posts

    APC debunks Tinubu US entry denial, shares visa

    The All Progressives Congress Presidential Campaign Council has debunked the rumour that its presidential candidate, Bola Tinubu, postponed the United States trip scheduled to...

    Don’t blame us, you failed Nigerians, govs reply FG

    Governors of the 36 states have accused the Federal Government of abandoning its duty of addressing the security challenges crippling economic activities in the...

    Again, hoodlums attack INEC office in Imo

    The Independent National Electoral Commission’s office in Oru West Local Government Area of Imo State was on Sunday attacked by some hoodlums. This was disclosed...

    Asake apologizes to Birmingham fans for late appearance

    On Saturday, 3rd December 2022, Sensational artist Asake was billed to perform at a show at The Forum, Birmingham in a sold-out show which...

    Fashion tycoon Bernard Arnault becomes first French world’s richest person

    French fashion tycoon, Bernard Arnault, has become the world’s richest person, following a rise in the stock of his fashion company, Louis Vuitton Moët Hennessy.

    Arnault became the world’s richest person on Monday morning with an estimated net worth of $186.3bn, with Jeff Bezos following closely at $186bn and Elon Musk with $147.3bn, according to Forbes.

    The top of Forbes’ billionaires’ list has been largely dominated by Americans over the years.

    U.S citizens like Bill Gates, Warren Buffett, Bezos and Musk had claimed the number one spot for over twenty years, with only Mexico’s Carlos Slim disrupting their dominance for a short period.

    Arnault became part of the top 10 richest men in 2005 when his net worth was $13bn.

    In 2018, he climbed to the top five, and by 2019, he became the third-richest person with a $76bn fortune.

    In 2019, he briefly became the world’s richest person at around 10:30 a.m. EST on December 16, when he edged past Bezos.

    As Amazon’s stock closed higher, the French tycoon was knocked back to number two.

    Arnault’s fortune experienced a massive rise of over $110bn in the past 14 months, moving from $76bn in March 2020 to $186.3bn on Monday.

    The massive rise was attributed to the performance of his luxury group, LVMH, during the pandemic.

    Latest Posts

    APC debunks Tinubu US entry denial, shares visa

    The All Progressives Congress Presidential Campaign Council has debunked the rumour that its presidential candidate, Bola Tinubu, postponed the United States trip scheduled to...

    Don’t blame us, you failed Nigerians, govs reply FG

    Governors of the 36 states have accused the Federal Government of abandoning its duty of addressing the security challenges crippling economic activities in the...

    Again, hoodlums attack INEC office in Imo

    The Independent National Electoral Commission’s office in Oru West Local Government Area of Imo State was on Sunday attacked by some hoodlums. This was disclosed...

    Asake apologizes to Birmingham fans for late appearance

    On Saturday, 3rd December 2022, Sensational artist Asake was billed to perform at a show at The Forum, Birmingham in a sold-out show which...

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    Wizkid set to make history with 2023 London Stadium performance

    Wizkid has set 1st June 2023 as the date for his London Stadium performance which is part of his 'More Love, Less Ego' tour. The...

    Adeleke reverses Oyetola’s appointments, says action malicious

    The Governor of Osun State, Ademola Adeleke, has said the last-minute appointments of his predecessor, Adegboyega Oyetola, are malicious.   Adeleke spoke on Sunday during his...

    Senate probes job racketeering in NDDC

    The Senate through its Committee on Ethics, Privileges and Public Petitions has called for a thorough investigation into alleged job racketeering rocking the Niger...

    Produce Adeleke’s results, Osun tribunal orders INEC chair

    The Osun Election Petitions Tribunal, sitting in Osogbo, on Friday ordered the Chairman of the Independent National Electoral Commission, Prof. Mahmood Yakubu, to produce...

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