#MoniMata: Forbes ranks Dangote as Africa’s first $20bn man.

Alhaji Aliko Dangote

The President & CEO of Dangote Group, Aliko Dangote, has become the first African entrepreneur to lay claim to a $20bn fortune, thus becoming one of the 25 richest men in the world.

This is on account of the stock value of his largest holding, Dangote Cement, leaping about three-fourths since March when Forbes released its annual ranking of the world’s richest people.

Dangote’s 93 per cent stake in the cement company is now worth $19.5bn, according to the magazine.

Dangote Cement becomes the first Nigerian company to achieve a market capitalisation of over $20bn.

In 9ja: US puts bounty of $7m on Boko Haram leader, Shekau

Culled from Punch Online 

Boko Haram leader, Abubakar Shekau

The United States will offer $7m (equivalent to N1.1bn) as a reward to persons with information on the whereabouts of the  leader of  militant islamist sect, Boko Haram, Abubakar Shekau. This gesture is part of the US's promise to help Nigeria end terrorism.  

The  $7m  is part of the $23m   posted on Monday  by the US State Department’s Rewards for Justice programme in rewards to help track down four other leaders of militant groups such as Al-Qaeda in the Islamic Maghreb spreading terror in West Africa.

Up to $5m was posted for Al-Qaeda veteran Mokhtar Belmokhtar, the one-eyed Islamist behind the devastating attack on an Algerian gas plant in January in which 37 persons,  including three Americans, were killed.