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    President Jonathan Goodluck has less than a month to rule Nigeria. Mohammadu Buhari will formally take over after the May 29 inauguration in Abuja.I don't know if Forbes  see this coming to past,but i can humbly predict that the country will definitely produce a new set of billionaires.  The new government will bring on

   Mr. Bassey, a character in Basi & Company, a tele-comedy series on TV (written and produced by late Ken Saro Wiwa) was fond of the statement "To be a millionaire, think like a millionaire). Don't just think like a millionaire or billionaire, read about them as much as you can. Below is one of such report that you should digest.lol Carlos Slim, the telecommunications tycoon who controls Mexico's America Movil SAB (AMXL) , is the richest person on Earth, according to the Bloomberg Billionaires Index , a daily ranking of the world's 20 wealthiest individuals. The 72-year-old's net worth fell $478.4 million in a day to $68.5 billion as of the close of markets on March 2, as U.S. moguls Bill Gates and Warren Buffett placed second and third on the list compiled by Bloomberg News. Brazil's Eike Batista , who ranks 10th, still covets the top spot after vowing a year ago that he'd become the world's wealthiest man by 2015. "I'm comp...

By Adelani Adepegba Diamond Bank Plc has begun moves to declare an oil magnate, Mr. Emeka Offor, bankrupt following an alleged N2bn debt owed by his company, Chrome Oil Services. According to a document obtained by SUNDAY PUNCH, the bank had granted a series of loans to Chrome oil which amounted to N750m, but the firm defaulted in the payment of the facility which had accrued to over N2bn by December, 2011. Investigations further showed that the oil firm allegedly reneged on its promises to pay the loan contrary to the agreement it entered with the bank, before it was granted the facility. According to the bank, after repeated demands to pay the debt, then in excess of N1.3bn, the company in October, 2006 made a proposal to the bank to pay N750m as final settlement within 12 months, through monthly instalments of N62.5m with effect from December, 2010. "The bank accepted the offer on the condition that if the company failed to abide by the monthly payment agre...

  From the cradle, Omobolanle Akinruntan,the beautiful daughter of  Oba Fredrick Obateru Akinruntan,the Olugbo of Ugboland,Ondo, had everything at her feet, courtesy her aristocratic background. However, like the saying,’life is not a bed of roses’. Ironically, matrimony has not been that   blissful for her. Years of marriage to Ayo Fanowopo, which produced two children, Ayodele  Olayinka Fanawopo and Oluwademilade Fanawopo, was like living in hell. UrbanlifeNG.com, was reliably informed that her life, in the UK, where they both lived, with the children,was full  of physical abuses and blackmail from the Ayo,who later instituted a divorce proceedings.Unfortuntely for him, the custody of the children were given  to Mobola, with only visitation rights.Thereafter,he became more frustrated and dangerous, he stopped catering for the welfare of the family,telling the court, he had no job.In order to save herself from hardship, Mobola, had to rel...

  The Economic and Financial Crimes Commission (EFCC) last week arrested and briefly detained Wale Babalakin, a Lagos-based businessman, on charges of facilitating money laundering by former Governor James Ibori of Delta State. The EFCC detained Mr. Babalakin overnight last Saturday and subsequently granted him administrative bail. A source close to suspect, a lawyer whose company owns the new wing of the Ikeja domestic airport, told SaharaReporters that Mr. Babalakin was “shaken when the EFCC came for him,” adding that the businessman quickly contacted his political sponsors to arrange his “administrative” release. When SaharaReporters called EFCC spokesperson, Wilson Uwujaren, he confirmed that the anti-corruption agency arrested Mr. Babalakin and detained him

A wealthy Nigerian-born, British-based oil baron has been granted permission to use Nigerian tribal law to appeal a $21 million divorce payout to his former British wife, the Telegraph has reported . Michael Prest, the 50 year-old founder of Nigerian energy trading firm Petrodel Resources , split from his wife in an acrimonious divorce in 2008. During a British High Court hearing on the divorce in October last year, the presiding judge ordered the tycoon to pay his former wife cash and assets worth over $20 million.     However, Prest has applied to appeal the court’s decision on the grounds that his Petrodel’s assets do not belong to him, but are held in trust for his children,

Months after the wedding of daughter of Nigeria billionaire,Bella Adenuga to Jameel Disu, the event remain a talk of the town.   In an exclusive interview with Ovation International magazine, the couple reveal that the first time that they met was at a party.Jameel saw a beautiful and well mannered lady.Bella told Jameel her name was "Bunmi Marquis" .   They didn't exchange numbers but the next time they met was at the party of Bolaji Folawiyo and Shaha Israni . It was then they exchange numbers . gistmaster gathered that Jameel was not aware that Bella was the daughter of Otunba Mike Adeniyi Adenuga, Chairman of Globacom.   Enjoy the interview   JAMEEL What attracted you to Bella? Obviously, she is a very beautiful lady. We met six years ago and ever since we met, we have been very good friends. We have spent a lot of time together. She is a very honest and sincere person. How did you meet her? Actually, it is a funny story. I came back to Nigeria si...

 By Niyi Tabiti  Mark Zuckerberg the founder of fast growing social networking site, Facebook needs to have his name in the English dictionary. Better still, it should replace the world 'fantastic'. I bet you will agree with gistmaster if you measure the level of successes recorded by the IT billionaire within the last few years of starting his addictive site- facebook  Mark who is estimated by Forbes world richest billionaire list to be worth  4 Billion Dollars is already working his way into new areas and by the time he is done, Mark says he would have successfully captured 1 Billion users of Facebook globally.At the moment, the site is estimated to have about 500 million users.To achieve this, gistmaster gathered that he must be also be a dominant player in Russia and the far East such as South Korea, Japan and China.   Born about 26 years old, the young American businessman is regarded as one of the most influential media channels around the world. H...