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Combined wealth of Dangote, Rabiu and Otedola reportedly rises to $73.1 billion

Aliko Dangote
Photo: World Economic Forum / Wikimedia Commons, CC BY-SA 2.0

The combined fortunes of Nigeria's richest businessmen, Aliko Dangote, Abdulsamad Rabiu and Femi Otedola, have reportedly climbed to about $73.1 billion. The rise is said to be driven by gains in their listed companies and refining and energy interests.

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The Lagos skyline seen from the water
Stock image: kopee15 / Wikimedia Commons, Public domain

Naira posts fresh losses as CBN adjusts the dollar rate, despite $55.2bn in reserves

The Central Bank of Nigeria has adjusted its official dollar exchange rate, and the naira has recorded fresh losses. This comes even though the country's foreign reserves are reported at $55.2 billion. Analysts are watching how the currency moves in the coming days.

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The Lagos skyline seen from the water
Stock image: kopee15 / Wikimedia Commons, Public domain

WHO says Nigeria has no active Ebola case but has not yet been declared Ebola-free

The World Health Organization has clarified that Nigeria currently has no active confirmed Ebola case, but the country has not been formally declared Ebola-free. The clarification follows talk that Nigeria could make the declaration from 7 December.

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FBI office sign
Stock image: Noah Wulf / Wikimedia Commons, CC BY-SA 4.0

FBI reportedly arrests nine Nigerians in cybercrime operation targeting Americans

US authorities have reportedly arrested nine Nigerians wanted over online fraud schemes that targeted American victims. Dozens of phones and computers were said to have been seized in the operation. Details of the charges and where the suspects will face court have not been fully released.