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Who is Brice Oligui Nguema, Gabon’s interim leader?https://www.google.com/amp/s/www.aljazeera.com/amp/news/2023/8/30/who-is-brice-oligui-nguema-alleged-coup-leader-in-gabon
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Lagos State officials announced that the Blue Rail Line will officially start carrying passengers on the 4th of September, 2023. They also revealed that the train will run from Marina to Mile 2. Abimbola Akinajo, the Managing Director of Lagos Metropolitan Area Transport Authority (LAMATA), shared the news during a press briefing at Marina Terminal in Lagos. If you are in Lagos, click the link to find out the transportation cost to your location. https://businesselitesafrica.com/2023/08/31/lagos-govt-announces-commencement-of-blue-rail-lines/
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The leaders of the coup in Gabon have named Republican Guard Chief General Brice Oligui Nguema transitional president after the military seized control in the wake of elections. The statement reads “General Oligui Nguema Brice was unanimously appointed chairman of the Committee for the Transition and Restoration of Institutions, chairman of the transition,” The claimed takeover in Gabon sparked condemnation from the African Union (AU) and alarm from Nigeria over “contagious autocracy” in a continent where the military has seized power in five other countries since 2020. https://businesselitesafrica.com/2023/08/31/coup-leaders-designate-gabon-general-as-transitional-president/
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Tony Elumelu, Founder of the Tony Elumelu Foundation recently met with President Bola Ahmed Tinubu at the State House. Speaking after his meeting, Elumelu said, “The private sector is encouraged by the bold decisions President Bola Ahmed Tinubu has taken and we hope that in the fullness of time, Nigerians will benefit from it because it is all about the Nigerian people.” What good will a Tinubu-Elumelu partnership do Nigeria? Find out by clicking the link below. https://businesselitesafrica.com/2023/08/30/tony-elumelu-meets-tinubu-5-possible-outcomes/
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The history of African nations cannot be completely told without the term "military coup." This phrase carries the weight of sudden upheaval, a stark reminder of how power can swiftly shift hands, reshaping the course of nations and leaving futures uncertain. Beyond the headlines and immediate political changes, the consequences of such coups have resonated deeply across various aspects of these countries' social, economic, and international landscapes. As ECOWAS tries to manage the ongoing coups in the region, join us as we explore some notable impacts that military coups have had on African nations. It's funny how some Nigerians are praying for a coup in the country. Read the impacts of a coup and tell me if you will support a coup in the nation at this critical time. https://businesselitesafrica.com/2023/08/30/7-impacts-of-military-coup-on-african-nations/
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A report by Brand Finance City Index 2023 has ranked Lagos, the commercial capital of Nigeria as the 5th best African city for living, working and investing.https://businesselitesafrica.com/2023/08/30/lagos-ranked-5th-for-living-and-working-is-this-the-reality/ This same Lagos ranked as the third worst city to live in, in another report. The city is indeed a wonderful one!
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Speaking on why he has tattoos of trees, Joeboy said, “Personally, I like nature. I like plants. I have like four plants in my room. I named them Anthony, Themal, Raphael and Vanessa. And I actually talk to them. I just tell them how I feel. I think it’s better to talk to plants sometimes than to talk to human beings.” Just because wahala no dey finish... Click the link below for more https://businesselitesafrica.com/2023/08/30/joeboy-says-he-enjoys-conversing-with-plants/
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The harsh economic realities in Nigeria has made many citizens search for ways to become a billionaire. While there’s no one-size-fits-all formula for achieving billionaire status, there are certain strategies and principles that can increase your chances of reaching this financial milestone. Whether you’re starting from scratch or looking to elevate your existing ventures, the path to becoming a billionaire in Nigeria involves a combination of determination, innovation, and strategic decision-making. Marrying a rich spouse is definitely one of the ways to become a billionaire in Nigeria. Click the link to find others https://businesselitesafrica.com/2023/08/29/how-to-become-a-billionaire-in-nigeria/
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In his caption, Phyno expressed his delight in embarking on his journey of fatherhood. He revealed that he utilized his time away from social media to not only nurture his precious child but also craft new music. "I took some time off to be a Father and also work on new music / Album, and it’s been a wholesome experience. Now it’s time to get back to what I do best. NEW MUSIC OUT THIS FRIDAY. PRE-SAVE LINK IN MY BIO." https://businesselitesafrica.com/2023/08/29/phyno-announces-the-birth-of-his-child/
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Zimbabwe's re-elected President Emmerson Mnangagwa has charged anyone questioning the results of last week's election to take their case to court. Speaking at the State House on Sunday amid heavy police presence in parts of the capital Mnangagwa said, "I competed with them and I am happy that I have won the race. Those who feel the race was not run properly should know where to go." Will Zimbabweans experience what Nigerians are experiencing? Well, find out in the link below. https://businesselitesafrica.com/2023/08/28/amid-election-fraud-claims-emmerson-mnangagwa-declared/
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South African Billionaire, Christo Wiese, was informed of a serious accounting fraud at retailer Steinhoff International, where he was both chairman and the largest shareholder in December 2017. The fraud totalled $7.4 billion in falsified transactions over a span of nine years from 2009 to 2017. When the fraud went public, Wiese stepped down as chairman. Click the link for more... https://businesselitesafrica.com/2023/08/24/5-african-billionaires-who-faced-massive-scandals/
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In Africa, there are strong and amazing women who are leading the way with their power and influence. These women are not only breaking barriers but also reshaping industries, policies, and perceptions. Their stories inspire, their achievements awe, and their determination pave the way for a brighter future on the continent. From boardrooms to political arenas, these exceptional women are reshaping the continent's narrative. Let's take a closer look at these remarkable women and the great things they are doing for Africa. Click the link for more details. https://businesselitesafrica.com/2023/08/24/7-most-powerful-women-in-africa-right-now/
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The multi-billionaire is recognised for his philanthropy across the African continent, through his foundation, the Abdul Samad Rabiu Initiative Africa (ASR Africa). One such philanthropic act is the recent 5.5 billion naira grant he gave to 22 universities and other tertiary institutions for infrastructural development. The grant came under the ASR Tertiary Education Grants Scheme. https://businesselitesafrica.com/2023/08/24/multi-billionaire-abdul-samad-rabiu-wins-man-of-the-year-award/
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Umahi said, “I have inspected about eight projects on Abuja-Lokoja roads and was disappointed with what I saw. How can you collect money to do something and you didn’t do it right? Do people fear God at all? We must do work for the people instead of ours.” The former Ebonyi governor also said, “This last time there was a flood overflow here, they stayed over one week. You know, from my assessment, supposing there is an emergency medical emergency, food supply, petroleum supply, and I think it was causing a food shortage in Abuja.” https://businesselitesafrica.com/2023/08/24/umahi-warns-contractors-on-abuja-lokoja-road-quality/
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Rachel, a sister to the late Rebecca Ikumelo, recently criticised Nigerian artist, Ahmed Ololade popularly known as Asake, for a tribute made to the deceased during his Sunday concert in London. In a post on X, formerly known as Twitter, Rachel wrote, “What a sorry excuse of a ‘tribute’ from @asakemusik. My sister lost her life at your show and you haven’t spoken to a single member of my family since. But you can hold another concert in London less than 9 months later and play her videos as a ‘tribute’? RIP Rebecca Ikumelo”. https://businesselitesafrica.com/2023/08/23/sister-of-deceased-concertgoer-criticizes-asake-for-video-tribute/
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Folarin Jerry Balogun is a striker who's making headlines both in the Premier League as an Arsenal player and internationally as a member of the United States national team As a dynamic force on the soccer field, Balogun’s story is as diverse as his skillset. Beyond the goals and victories, his journey from the streets of New York City to the grand stages of international soccer showcases the determination and talent that has brought him to the forefront of the sport. Click the link to see if you know him so well https://businesselitesafrica.com/2023/08/23/folarin-balogun-7-less-known-facts-about-the-nigerian-premier/
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Chinese President Xi Jinping has asked that the BRICS grouping of emerging economies be expanded to build a more just and equitable international order. Xi also insisted that “hegemonism is not in China’s DNA”. His statement was contained in a speech delivered on his behalf at the start of the BRICS summit in Johannesburg, South Africa on Tuesday. Commerce Minister Wang Wentao who delivered Xi’s speech noted that China had no wish to engage in great power competition or create “bloc confrontation” https://businesselitesafrica.com/2023/08/23/xi-stresses-brics-expansion-hegemonism-contrary-to-chinas-values/
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Burna Boy’s latest single “Cheat on Me” serves as a testament to his continuous growth and evolution as an artist. The track which is a part of Burna’s 7th album blends infectious melodies with thought-provoking lyrics, creating a captivating experience that resonates with listeners. The Afrobeats star, “Cheat on Me” track is part of the 17-track album titled “I Told Them.” The album, set for release on August 25, features a total of 17 tracks, with 15 songs and two music videos. Among the highlighted tracks are Burna Boy's singles "Sittin' On Top Of The World" and "Big 7." This promises to be a musical journey full of diverse sounds and captivating melodies. https://businesselitesafrica.com/2023/08/23/burna-boys-7th-album-heres-the-track-list-cheat-on-me/
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Over the years, there has been too much emphasis on budgeting. While that is good people fail to learn that their budget should not be static but flexible. Many individuals fall into the trap of assuming that their expenses and income will remain steady month after month. However, life is filled with unexpected expenses, emergencies, and fluctuations in income. Failing to account for these variations can lead to financial stress and difficulties when unforeseen circumstances arise. This financial lesson emphasizes the importance of building flexibility into your budget to accommodate the inevitable changes that life brings. For more financial lessons that you could be ignoring, click on the link below https://businesselitesafrica.com/2023/08/22/7-financial-lessons-people-learn-too-late-in-life/
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Do you know that there are secret tunnels running beneath the surface that connect Buckingham Palace to nearby streets? I guess you don't. Do you also know that Buckingham Palace has an astounding 775 bedrooms, an impressive 78 bathrooms, as well as 52 royal and guest rooms? Well, Guess your answer is no. Click the link to find more details about Buckingham Palace and other expensive residences in the world. https://businesselitesafrica.com/2023/08/17/top-10-most-expensive-residences-on-earth/
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Dangote has finally moved from being the "King of the Boys" to the "King of Nigeria" Read the article and let us know your thoughts in the comment section. All you need do is type "agree" or "disagree" https://businesselitesafrica.com/2023/08/17/aliko-dangote-the-man-nigeria-relies-on-for-survival/
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President Bola Ahmed Tinubu recently released the list of portfolios for his ministerial appointees. The portfolio has generated widespread reactions amongst Nigerians as many question Tinubu’s renewed hope agenda. The list, which includes a group of people battling corruption cases and those who failed to deliver maximally at their previous positions, has left many Nigerians sad as they believe they could be in for a long ride with ‘shege.’ Let’s examine the ministers and bring details that can either boost your hope or drive you to your knees for intense prayers. https://businesselitesafrica.com/2023/08/17/renewed-hope-or-renewed-shege-meet-tinubus-new-ministers/
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Libya's oil and gas sector has experienced some revival and reformation in the wake of the post-Gadafi era. The country's energy landscape has witnessed a series of pivotal developments that aimed to harness its vast hydrocarbon resources for national growth and stability. From new exploration endeavours to strategic partnerships, Libya's journey in the oil and gas realm unfolded with a blend of challenges and opportunities. What have you heard about Libya's oil and gas in recent times? Well, click the link and see new developments. https://businesselitesafrica.com/2023/08/16/7-oil-gas-developments-in-libya-after-gadafi/
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Gold has long held a special place in humanity's fascination. As one of the world’s rarest elements, gold reportedly accounts for only 0.001 to 0.006 parts per million of the earth’s crust. While China is one of the countries with the largest gold production in the world, African countries have also begun to strengthen their gold reserves amidst global economic uncertainty. According to reports, Africa is the third-largest producer of gold in the world, with mining activities taking place in at least 21 nations. Let’s highlight some of these nations and the quantity of their gold deposit. Click the link for more details... https://businesselitesafrica.com/2023/08/16/7-african-countries-with-the-largest-gold-deposit/
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President Bola Tinubu has commiserated with the families of the military officers killed in Niger State. In a statement, President Tinubu said “The tragic loss of our gallant officers and soldiers in a helicopter crash at Chukuba Village near Shiroro, Niger State, on Monday, brought immense sadness to me. Tinubu explained that the late “officers and men were answering the call of duty .... The link has the full gist, click and see how many Nigerians die on a daily basis https://businesselitesafrica.com/2023/08/16/tinubu-mourns-death-of-soldiers-in-ghastly-helicopter-attack/
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A report by a panel on the recovery of government assets set up by the Imo state government has accused a Former Governor, Rochas Okorocha of forcefully acquiring lands belonging to the Alvan Ikoku Federal College of Education (AIFCE). The panel’s report was signed by the Chairman of the committee, Prof Vitalis Orikeze Ajumbe and Secretary-General, B F Anyanwu. They also noted that as a sitting governor, Okorocha, “used brute force including the military and hoodlums to snatch the land from the College after which he allocated or sold same to his top associates.” Moreso, they named Dr Uzoma Anwuka and Kingsley Uju, Okorocha’s in-laws as beneficiaries in the report. https://businesselitesafrica.com/2023/08/16/okorocha-under-fire-over-forceful-acquisition-of-land/
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A cohort of African nations have emerged as standout contenders on the Global English Proficiency Index. This is evident in the recently released 2022 ranking of the Education First English Proficiency Index which ranks countries by the equity of English language skills amongst adults who took the EF test. These countries, spanning diverse cultures and landscapes, have not only embraced the power of the English language but have also achieved commendable proficiency levels. DID NIGERIA MAKE THE LIST?? Well, find out for yourself. https://businesselitesafrica.com/2023/08/15/top-10-african-countries-on-the-global-english-proficiency-index/
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Amidst the challenges posed by rising fuel prices, Nigeria's Labor Union stands as a beacon of hope for the welfare of its workers. This is because workers are expectant that its strategies can help alleviate the effect of subsidy removal. This article delves into some strategies that the Nigerian Labor Union can employ to tackle the issue at hand, offering a roadmap toward better conditions and stability for the workforce. Let’s jump in. Please jump in with me by clicking my link... https://businesselitesafrica.com/2023/08/15/7-strategies-nigerias-labour-union-can-employ-to-address/
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Lagos is a city of contrasts where the rich and the ordinary collide. As the commercial capital city of Nigeria, Lagos provides the environment for rich people to do business, while providing opportunities for ordinary people to survive. One would think that the uniqueness of its environment would bridge the ever-widening gap between the rich and the poor. But the reverse is the case. This is because the rich are singled out for their actions. This article attempts to uncover some behaviours you're unlikely to witness among the rich and prosperous in Lagos. Let’s get started. Step on the link https://businesselitesafrica.com/2023/08/10/7-things-youll-never-see-rich-people-doing-in-lagos/
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President Bola Tinubu recently promised Nigerians that his administration will tackle Nigeria’s problem squarely and not cause hardship for citizens. Addressing members of the All Progressives Congress (APC) at the party’s national executive committee (NEC) meeting in Abuja, Tinubu said, “Nigeria is going through some issues…We will face it squarely to re-engineer the economy of this country.” While we anticipate full details of Tinubu’s plan for the common man, let’s take a look at some of the new problems he must solve to win the trust of Nigerians. What to see those problems I compiled them here https://businesselitesafrica.com/2023/08/10/bola-tinubu-5-new-problems-he-must-solve/
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President Bola Tinubu’s threat of military intervention in Niger has not been ruled out. This was disclosed by his spokesman Ajuri Ngelale ahead of a West African coalition’s crisis summit in Abuja on Thursday. Tinubu’s spokesman also noted that the President believes diplomacy is the “best way forward” to resolve the crisis. Ngelale said, “No options have been taken off of the table.” This comes as efforts by the Economic Community of West African States, ECOWAS and the United States to convince Niger’s new rulers to hand back power to the democratically elected leader have amounted to nothing. Will Tinubu go ahead with his threat? What could happen if he does?? Click the Link for more details https://businesselitesafrica.com/2023/08/09/tinubus-niger-military-intervention-what-to-expect/
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I compiled them here