Headline
Dangote, Adenuga, Rabiu, Otedola Make Forbes’ 2024 Billionaires List
Published
1 year agoon
By
Editor
Despite the economic challenges facing Nigeria, Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the top richest Nigerians in 2024.
Dangote’s fortune rose to $13.4 billion, Adenuga’s fortunes stood at $6.7 billion, while Rabiu and Otedola achieved a fortune of $5.2 billion and $1.4 billion in 2024, respectively.
Aliko Dangote is the richest man in Africa and the richest Black man in the world. He has an estimated networth of around $13.4 billion in 2024.
His business empire, Dangote Group, is one of the largest private-sector employers in Nigeria. Also, it is the most valuable conglomerate in West Africa.
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According to Forbes, it has been a year for the planet’s billionaires, whose fortunes continue to swell as global stock markets shrug off war, political unrest and lingering inflation.
Forbes said: “As with the economy in general, the money is concentrated at the very top.
“There are now a record 14 people who are members of the $100 billion Club, the elite group of people whose fortunes stretch into 12 digits.
“That is up from just one four years ago. These lucky few are worth $2 trillion in all, meaning just 0.5 per cent of the world’s 2,781 billionaires hold 14 per cent of all billionaire wealth.
“There are now more billionaires than ever: 2,781 in all, 141 more than last year and 26 more than the record set in 2021. They are richer than ever, worth $14.2 trillion in aggregate, up by $2 trillion from 2023 and $1.1 trillion above the previous record, also set in 2021.”
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It added that two-thirds of the list’s members are worth more than a year ago; only one fourth are poorer.
But region…
Much of the gains come from the top 20, who added a combined $700 billion in wealth since 2023, and from the U.S., which now boasts a record 813 billionaires worth a combined $5.7 trillion.
“China remains second, with 473 (including Hong Kong) worth $1.7 trillion. This is despite weak consumer spending and a real estate bust that helped wipe out $200 billion in wealth and knocked 89 billionaires from the ranks.
“India, which has 200 billionaires (also a record), ranks third.
“To calculate net worths, we used stock prices and exchange rates from March 8, 2024,” it added.
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The report said that “the richest of all is Bernard Arnault, who holds the number one spot for the second year in a row.
“The French luxury goods kingpin is worth an estimated $233 billion, $22 billion more than in 2023, thanks to another record year for his conglomerate LVMH. It is the company behind brands such as Louis Vuitton, Tiffany & Co. and Sephora.”
It added that “two-thirds of the planet’s billionaires are richer than a year ago.
“No one has gained more, in sheer dollar terms, than Mark Zuckerberg, who has benefited to the tune of a $116.2 billion jump in a single year. This is thanks to Meta stock nearly tripling amid cost-cutting layoffs and big bets on AI and the metaverse.
“Zuckerberg is number four on Forbes’ 2024 ranking, worth an estimated $177 billion, the richest he’s ever been. Oracle’s Larry Ellison, worth an estimated $141 billion, rounds out the top five.”
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Headline
Trump Considering Deporting Kilmar Abrego Garcia To Uganda
Published
2 hours agoon
August 24, 2025By
Editor
The Trump administration is weighing the deportation of Kilmar Abrego Garcia to Uganda in the coming days, according to a notice from the Department of Homeland Security sent to his lawyers on Friday.
The notice, disclosed in a court filing in Abrego Garcia’s human smuggling case in Tennessee, came shortly after his release from criminal custody pending trial on federal charges. His lawyers accused the government of attempting to use the deportation threat as a tactic to “coerce” him into a plea deal.
“Let this email serve as notice that DHS may remove your client, Kilmar Armando Abrego Garcia, to Uganda no earlier than 72 hours from now (absent weekends),” the notice stated.
Officials had previously suggested that Abrego Garcia, who was unlawfully deported to El Salvador earlier this year before being returned to the US in June, could face deportation to a third country.
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However, it was unclear until Friday whether the administration would allow his trial to conclude before initiating removal proceedings.
Simon Sandoval-Moshenberg, one of Abrego Garcia’s attorneys, described the move as “retaliation” by the government.
“The government’s decision to send Kilmar Abrego Garcia to Uganda makes it painfully clear that they are using the immigration system to punish him for exercising his constitutional rights,” he told CNN.
Under an order issued last month by US District Judge Paula Xinis, officials must provide Abrego Garcia and his legal team with at least 72 business hours’ notice before any deportation to a third country, giving him time to raise potential claims of torture or persecution.
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Court filings submitted on Saturday revealed that earlier in the week, the government had proposed a deal under which Abrego Garcia would plead guilty to two federal charges and be deported to Costa Rica after serving his sentence.
Costa Rica had confirmed willingness to receive him as a refugee or grant him legal status, according to a letter from its government to the US embassy.
His attorneys said the offer was renewed Friday evening, giving him until Monday morning to accept or lose the option permanently.
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His defence team argued that the deportation threats and plea offers highlight a pattern of “vindictive and selective prosecution” against Abrego Garcia, who previously challenged his deportation to El Salvador. They urged Judge Waverly Crenshaw to dismiss the case.
“There can be only one interpretation of these events: the DOJ, DHS, and ICE are using their collective powers to force Mr. Abrego to choose between a guilty plea followed by relative safety, or rendition to Uganda, where his safety and liberty would be under threat,” his lawyers wrote.
“It is difficult to imagine a path the government could have taken that would have better emphasized its vindictiveness,” they added. “This case should be dismissed.”
Headline
UK To Bar Criminals From Football Matches, Pubs, Travel Under New Policy
Published
3 hours agoon
August 24, 2025By
Editor
The United Kingdom (UK) has unveiled new sentencing powers that will ban criminals from pubs, concerts, and sports matches as part of its Plan for Change.
According to a statement available on the UK government website on Sunday, Judges will be able to curtail offenders’ freedoms with driving limits, travel bans, and restriction zones confining them to specific areas.
The release, which quoted Lord Chancellor and Justice Secretary, Shabana Mahmood, said: “Widening the range of punishments available to judges is part of our Plan for Change to cut crime and make streets safer.
“When criminals break society’s rules, they must be punished. Those serving their sentences in the community must have their freedom restricted there too.
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“These new punishments should remind all offenders that, under this Government, crime does not pay.
“Rightly, the public expect the government to do everything in its power to keep Britain safe, and that’s what we’re doing.’
The UK government further explained that the changes will toughen up community punishments to deter reoffending and force offenders back onto the straight-and-narrow.
“As part of the Government’s work to do everything in its power to keep Britain safe, offenders coming out of prison and supervised by the Probation Service will also face similar restrictions and an expanded mandatory drug testing regime,” the statement added.
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The government also explained that criminals without known drug habits will, in the future, face this scrutiny, not just those with a history of substance misuse.
Offenders who break the rules face being brought back to court or hauled back to prison as punishment, depending on the sentence they are serving.
Limited bans for Crimes amid prison congestion
Before this new policy shift, judges in the UK are able to give out limited bans for specific crimes, for example, football bans for crimes committed inside a stadium on match day, to prevent further antisocial behaviour.
However, the Government will change the law shortly so that such bans can be handed down as a form of punishment for any offence in any circumstance.
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“It will form part of wider reforms to sentencing to ensure punishments cut crime and prisons never again run out of places for dangerous offenders.
“Over 2,400 prison places have opened since July 2024 with the Government investing £7 billion to create a total of 14,000 as the prison population increases.
“Investment in the Probation Service will also receive a huge boost with an increase of up to £700 million by 2028/29, up from the annual budget of around £1.6 billion today.”
This week, it was revealed that the number of Probation Officers has increased by seven per cent in the last 12 months, with trainee probation officer numbers also seeing a surge of 15 per cent. This follows the Government’s commitment to recruit a further 1,300 this year, in addition to the 1,000 trainee probation officers recruited last year.
New technology, including artificial intelligence, will lighten the administrative burden and free up time for probation staff to increase supervision of the most dangerous offenders and keep the public safe.
Headline
Leader Of UK Christian Group Convicted Of Sexually Abusing Women
Published
16 hours agoon
August 23, 2025By
Editor
Chris Brain, 68, the leader of a UK Christian group once backed by the Church of England, has been convicted of sexually abusing nine women in his congregation.
A jury delivered the final verdicts on Thursday.
Brain led the Nine O’Clock Service, an evangelical movement in Sheffield during the 1980s and 1990s. The group was known for its nightclub-style worship, held at 9 p.m. on Sundays, which included live music and drew large crowds of young people.
Prosecutors said Brain used his authority to control members of the congregation, isolating them from family and friends, and used his position to commit sexual assaults. He also maintained a group of young women known as the “lycra nuns” who assisted him, his wife, and his daughter at home, prosecutor Tim Clark told the court.
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The leader of the UK Christian group was charged with 36 counts of indecent assault and one count of rape involving 13 women between 1981 and 1995. He denied the charges, claiming any sexual contact was consensual.
Following a trial at Inner London Crown Court, he was convicted of 17 counts of indecent assault against nine women. He was acquitted of 15 other charges, while the jury could not reach a verdict on four additional indecent assault charges and the rape allegation. The Crown Prosecution Service said it would “carefully consider” whether to seek a retrial.
The Nine O’Clock Service had received approval from the Church of England. In 1990, the Archbishop of Canterbury-elect George Carey met with Brain to discuss his methods, and his ordination was expedited. Prosecutors said the group even spent heavily to purchase the costume worn by Robert De Niro in the 1986 film The Mission for his ceremony.
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Brain resigned shortly before a BBC documentary aired in 1995, accusing him of inappropriate sexual behaviour. Carey later said he was “crushed and let down” when the allegations became public.
In court, Brain admitted to receiving massages from congregation members that sometimes became sexual but denied manipulating or controlling them.
Bishop of Sheffield Pete Wilcox said in a statement: “What happened was an appalling abuse of power and leadership that should never have occurred. Where concerns were raised in the past and were not acted upon properly, that was a failing of the Church. For those institutional failures, I offer an unreserved apology.”
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