ADVERTISEMENT
The Sun Nigeria
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Ley Your Dreams Come Alive – With FCMB Loans
Home Entertainment

Real reasons Folorunso Alakija lost Forbes’ rating

30th January 2021
in Entertainment
0
Real reasons Folorunso Alakija lost Forbes’ rating
0
SHARES
828
VIEWS
Share on FacebookShare on Twitter

In Africa —as elsewhere in the world— the wealthiest have come through the pandemic just fine. While some got richer by the billions, the only two women billionaires from Africa —Isabel dos Santos (Angola) and Nigeria’s Folorunsho Alakija— have both fallen off the Forbes Africa’s Richest People 2021 list.
The two women who featured prominently on the 2020 list of Africa’s richest were knocked off from their perch on this year’s Africa’s Richest People because they were below the $1 billion mark. While dos Santos was yanked off due to a series of court decisions freezing her assets in both Angola and Portugal, Forbes calculated the fortune of Nigeria’s Alakija —who owns FAMFA Group, an oil exploration company with a stake in Agbami Oilfield, a prolific offshore asset— and saw her earning dropped below $1 billion due to global crash in oil price. Further check also revealed that the Ikorodu, Lagos-born oil baroness —a fashion icon with an infallible sense of style— lost her space from the esteemed list because she has no other viable investment aside oil and gas while her other notable ventures in the digital printing and real estate sectors have not been yielding returns potent enough to be tracked by the international financial journal.

Cyril

Cyril

Related Posts

Regina Daniels, Ned Nwoko welcome second child
Cover

Regina Daniels, Ned Nwoko welcome second child

29th June 2022
Nkechi Emmanuel aka Nurse Titi welcomes first child
Entertainment

Nkechi Emmanuel aka Nurse Titi welcomes first child

27th June 2022
Why I’m assisting girls with sanitary pads –Kashmoney, musician
Entertainment

Why I’m assisting girls with sanitary pads –Kashmoney, musician

26th June 2022
Next Post
MultiChoice group showcases media portfolio

MultiChoice slashes DStv, GOtv decoders’ price

Is Abdulwasiu Sowami Nigeria’s new oil Sheikh?

Is Abdulwasiu Sowami Nigeria’s new oil Sheikh?

Investment in Covid-19 vaccines will strengthen Nigeria’s primary healthcare system, says NPHCDA Boss

Investment in Covid-19 vaccines will strengthen Nigeria’s primary healthcare system, says NPHCDA Boss

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

I’ve solution to Abia problems –Mascot Kalu

Road to 2023: Peter Obi has become a blessing to Labour Party –Ezeagwu, Delta party chair

Wike, Douye, others absent as party inaugurates campaign council

Osinbajo tasks religious leaders on unity, peaceful co-existence

Sanwo-Olu unveils digitised classrooms, gifts 13 teachers new SUVs

Ayu remains PDP national chairman

Trending

New Year: Jonathan, Atiku, Kalu, Oyetola, Tinubu, Anyim, others preach hope, peace
Politics

2023: Cracks in PDP widen as party leaders blast Atiku

30th June 2022
0

By Chinelo Obogo, Ndubuisi Orji and Okwe Obi, Abuja There is no letup in the crisis rocking...

Primaries: INEC insists on June 3

Lawyers sue INEC, AGF, others, seek Atiku, Tinubu, Obi’s disqualification

30th June 2022
Be careful what you say, Osinbajo cautions govs

Revenue: FG targets N3.8trn from non-oil sector

30th June 2022
I’ve solution to Abia problems –Mascot Kalu

I’ve solution to Abia problems –Mascot Kalu

30th June 2022
Road to 2023: Peter Obi has become a blessing to  Labour Party –Ezeagwu, Delta party chair

Road to 2023: Peter Obi has become a blessing to Labour Party –Ezeagwu, Delta party chair

30th June 2022
ADVERTISEMENT

Follow us on social media:

Latest News

  • 2023: Cracks in PDP widen as party leaders blast Atiku
  • Lawyers sue INEC, AGF, others, seek Atiku, Tinubu, Obi’s disqualification
  • Revenue: FG targets N3.8trn from non-oil sector
  • I’ve solution to Abia problems –Mascot Kalu
  • Road to 2023: Peter Obi has become a blessing to Labour Party –Ezeagwu, Delta party chair
  • Wike, Douye, others absent as party inaugurates campaign council
  • Osinbajo tasks religious leaders on unity, peaceful co-existence
  • Sanwo-Olu unveils digitised classrooms, gifts 13 teachers new SUVs
  • Ayu remains PDP national chairman
  • A’Ibom: APC protests, wants Igini removed as REC
  • The call for self-defence
  • Road to 2023: More questions over INEC’s voter registration in Lagos
  • Osun guber, APC primaries and other stories
  • Leadership deficits in Nigeria
  • Bandits kill 2, abduct medical doctor, 15 others in Kaduna
  • What N’Delta people’ll expect from Buhari’s successor –Erekefe, IYC spokesman
  • Reps to investigate NNPC’s fuel subsidy claim from 2017-2021
  • Julius Berger Abumet’s CSR activity excites students as company donates books, study items to FCT school
  • Impeachment: Court restrains Oyo Assembly from removing deputy gov
  • Ortom, PDP seek disqualification of APC’s governorship, senatorial candidates in Benue

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • Home
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Posting....