Personality in Focus
Forbes Confirms Dangote Africa’s Richest Man, as Otedola Returns to Billionaire List
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After a six-year hiatus, Nigerian business magnate, Femi Otedola, has returned to the Forbes Africa list of the richest people, landing at No. 20 position with a fortune of $1 billion.
Otedola’s comeback marks a significant milestone. He last graced the Forbes Africa list in 2017 with his controlling stake in fuel distributor – Forte Oil.
However, a strategic shift saw him divest from oil and embrace the energy sector. In 2013, he used a Forte subsidiary to acquire Geregu, a public power generation plant and capitalised on its privatisation.
According to Forbes, Otedola’s 73% stake in Geregu is valued at over $850 million, forming the backbone of his fortune.
“He owned about 90% of Geregu when it was listed on the Nigerian exchange’s Main Board in 2022, but has since sold shares to institutional investors, which include Afreximbank’s Fund for Export Development in Africa and the State Grid Corporation of China,” Forbes said.
“His 73% stake in Geregu is worth more than $850 million, about three-quarters of his $1.1 billion fortune, which puts him at No. 20 on the list.”
Forbes added that despite Otedola’s rise, the overall wealth of African billionaires dipped slightly compared to last year. This reflects the global economic slowdown, but it’s important to note that African billionaires still fared better than their global counterparts, who saw a 4% decline.
“After taking Otedola’s comeback into account, Africa’s billionaires dipped slightly, but still fared better than the decline of 4% last year, when African markets faded in sync with equity values around the world. This year, African equities joined a late-year global rally, with the S&P All Africa index rising 10% in the final two months of 2023 but still ended down more than 9% in the 12 months through January 8, 2024,”
The magazine stated that “the continent remains one of the world’s toughest places to build – and hold onto – a billion-dollar fortune, as global investors remain leery of its stock exchanges, businesses struggle against strained economies, poor infrastructure and volatile exchange rates while changing political winds can make, boost or bust private fortunes.”
Meanwhile, Nigeria’s Aliko Dangote remains Africa’s richest man, with his fortune rising to $13.9 billion from $400 million, claiming the top spot for the 13th year in a row, despite political uncertainty following the February presidential election and a naira devaluation in 2023 that offset Dangote Cement’s rising share price.
The top three spots are rounded out by South African luxury goods magnate Johann Rupert held onto the No. 2 spot with $10.1 billion, down from $10.7 billion in 2023 as shares of his Compagnie Financiere Richemont–maker of Cartier watches and Montblanc pens – slid. South African Nicky Oppenheimer, who formerly ran diamond mining firm DeBeers before selling it to mining firm Anglo American a decade ago, ranks No. 3 with $9.4 billion, up $1 billion from 2023.
Interestingly, 13 of the 20 billionaires on the list saw their fortunes increase, while seven saw their net worth decline. The biggest decline on this year’s list belongs to Algerian industrial magnate Issad Rebrab, who was barred by a court in May from exercising any commercial or management duties at his conglomerate, Cevital.
Rebrab, who denied any wrongdoing, had previously served 8 months in jail on corruption charges until his release in January 2020. Rebrab, who shares the wealth with his wife and five children, including his son, Malik, who took over as CEO in 2022, saw his net worth fall by almost half to $2.5 billion.
The biggest gain belongs to Egypt’s Nasseff Sawiris, who added $1.4 billion to $8.7 billion thanks to a rise in Addidas shares (he owns about 6%), as well as dividends from the German sneaker company and family conglomerate OCI.
This year, South Africa claims six spots on the ranking, followed by Egypt with five and Nigeria with four. Algeria, Tanzania and Zimbabwe each have one billionaire on the list, while Morocco has two.
Personality in Focus
NAOSNP President, Oki Samson Bags Police-Youth Advocate Award
The Lagos State Police Command under the leadership of the Commissioner of Police, CP Fatai Tijani, on Thursday, honoured the President of the National Association of Online Security News Publishers (NAOSNP), Mayor Oki Olatunji Samson, as a Police-Youth Advocate for his contribution to youth engagement and advocacy, responsible security journalism and community safety.
The recognition came during the Command’s commemoration of International Youth Day 2026, themed “Different Contexts, Common Aspirations,” held at the Police Officers’ Wives Association (POWA) Secretariat, Oduduwa Street, Lagos.
The event also featured the launch of the National Campaign Against Political and Digital Thuggery and a Police-Youth Dialogue designed to build stronger partnerships between law enforcement and young Nigerians. The initiative, in line with the vision of Inspector-General of Police, IGP Olatunji Rilwan Disu, placed youth participation, responsible citizenship and peacebuilding at the centre of contemporary security discourse.
In his address at the event, the NAOSNP President, a respected security journalist, stressed that youth advocacy must move beyond rhetoric to deliberate investment in the values, opportunities and relationships that enable young people to become agents of stability. He argued that the youth should not be viewed simply as potential victims or perpetrators of insecurity, but as indispensable stakeholders in preventing it. According to him, the digital space has become an extension of society and therefore requires the same standards of responsibility expected in the physical world.
The NAOSNP President urged young Nigerians to recognise the power of their voices, particularly on social media, and deploy that influence constructively. “Your phone is powerful. Your social media account is powerful. Your voice is powerful. Please use that power to build, not destroy.” He further challenged young people to resist political manipulation, stressing that no temporary political reward could justify sacrificing one’s future.
“Do not allow anyone to use your future to settle their present disagreement.”
He advocated a culture in which political differences could be expressed without becoming personal hostility, urging youths to verify information before sharing it and to understand that digital actions can have real-world consequences.
The intervention resonated strongly with the message of the Commissioner of Police, Lagos State Command, CP Tijani Fatai, who warned young people against allowing politicians to exploit them for electoral violence as the country approaches another election cycle. Fatai said youths must look beyond immediate gratification and recognise the importance of preserving their future.
“Tomorrow is there for us. We should not think of today. We should always think of tomorrow. That tomorrow is more important than what we are today.”
The CP also delivered a particularly strong message against the recruitment of young Nigerians into political thuggery, noting that political actors rarely expose their own children to the dangers of electoral violence. “None of these politicians will use any of their children for electioneering, thuggery, violence or what have you.”
He urged youths to reject attempts to use them for ballot-box snatching, intimidation, destruction of property and other forms of electoral violence, while stressing that political participation remained a legitimate right when exercised responsibly.
The Commissioner equally identified the digital environment as an emerging frontier of security, urging young Nigerians to think carefully before posting, sharing or reacting to provocative content. His message was clear: political participation must never become political violence, whether offline or online.
In his goodwill message, Commander, 9 Brigade, Nigerian Army, Brigadier General Ayokunle Owolabi, described the campaign as timely and commended the Police for strengthening engagement with young Nigerians. Owolabi noted that the energy, creativity and resilience of young people remained indispensable to Nigeria’s peace, security and development. He emphasised that national security could no longer be regarded as the exclusive responsibility of security agencies, but required a whole-of-society approach in which young Nigerians become active partners. He particularly warned against the misuse of digital platforms and physical spaces for violence, intimidation, misinformation and destructive engagement, while calling for stronger trust and communication between young people and security institutions.
Also speaking, the Lagos State Coordinator of the Police Campaign Against Cultism and Other Vices (POCACOV), SP Olivia Amarachi Ugochukwu, urged young people to become the change they desire in their communities.
“Policing is everybody’s business. If you see something, say something.”
She also charged the media to ensure that only verified information was disseminated, noting that responsible information management was essential to preventing fear, confusion and conflict.
The well attended event attracted representatives of the Nigerian Army, Nigerian Air Force, Nigerian Navy, NDLEA, FRSC and NSCDC, alongside NYSC, POCACOV, PCRC, NYCN, NANS, NURTW, RTEAN, CRAN, NAOSNP, POWA and youths from Police Barracks across Lagos. The programme featured an extensive Police-Youth Dialogue on security, political participation, social media, cultism, thuggery and emerging threats.
The recognition of Mayor Oki Samson as Police-Youth Advocate therefore represented more than an individual honour. It underscored the growing importance of credible voices capable of connecting young people, the media and security institutions around a shared commitment to peace.
In a society where insecurity can be amplified by a rumour, a provocative post or a manipulated young mind, youth advocacy has become a frontline security intervention. The future of Nigeria cannot be secured merely by policing the streets; it must also be secured by winning the minds, trust and participation of its young people.
The challenge before advocates such as Mayor Oki Samson and institutions such as the Police is to ensure that the message does not end with an award or a commemorative event. It must travel into schools, communities, newsrooms, transport parks and digital spaces—until peace becomes not merely a campaign slogan, but a conscious choice made by a generation whose future is ultimately at stake.
Personality in Focus
Malian Singer Salif Keita Pulls Out of South African Festival over Xenophobic Attacks
Malian music legend, Salif Keïta, has cancelled upcoming commercial performances in South Africa, including an appearance at the Mangaung African Cultural Festival (Macufe), citing what he described as “xenophobic violence” against African migrants.
The decision comes as anti-migrant protests intensify in one of Africa’s most industrialised economies, prompting thousands of foreign nationals to return home and increasingly straining cultural ties across the continent.
Explaining his decision, Keïta said he could not “ignore the reports of xenophobic violence against our African brothers and sisters.”
“When I see migrants attacked, I do not see ‘politics’. I see people looking for work, safety, and dignity.”
The 77-year-old musician stressed that his decision was not a rejection of South Africans.
“To be clear — I am not closing the door on South Africa. I am closing the door on violence,” he said.
Often described as the “Golden Voice of Africa”, Keïta has spent more than five decades in music and remains one of the continent’s most recognisable artists.
The award-winning Malian singer has earned four Grammy nominations and won France’s Victoire de la Musique for World Music Album of the Year in 2010 for La Différence.
His ties to South Africa also stretch back decades, including a performance at the Nelson Mandela 70th Birthday Tribute concert at Wembley Stadium in 1988, an event closely linked to the international anti-apartheid movement.
In response to his withdrawal, the Free State’s culture department said it regretted the decision and stressed that Macufe was intended to celebrate African unity.
Keïta’s withdrawal comes against the backdrop of worsening tensions over migration in South Africa, which has long attracted workers from across the continent.
More than 160,000 foreigners have left South Africa through repatriation programmes since May, according to an AFP tally. They include citizens of Malawi, Zimbabwe, Zambia, Ghana and Nigeria.
This week, 173 Tanzanian nationals also returned home from Durban, one of the centres of recent anti-migrant demonstrations.
Anti-migrant groups accuse undocumented foreigners of putting pressure on jobs and public services and contributing to crime.
However, South African authorities have maintained that immigration laws must be enforced through legal channels and have acted against people accused of vigilantism and violence.
Increasingly, the tensions are also spilling into Africa’s entertainment industry.
In July, a planned Lagos concert by Grammy-winning South African singer Tyla disappeared from her A*POP World Tour schedule after boycott calls from some Nigerians over reported xenophobic attacks against African migrants in South Africa.
Although Tyla and her management did not publicly confirm that the backlash caused the change, the episode showed how migration tensions were beginning to affect cross-border cultural exchanges.
Keïta’s decision now brings the issue into sharper focus from the opposite direction, with one of West Africa’s most prominent musicians refusing to perform in South Africa over the treatment of fellow Africans.
As a result, the controversy has added a cultural dimension to a migration crisis already affecting labour flows, diplomacy and relations between African countries.
Personality in Focus
Tinubu Mourns Top Journalist Dotun Oladipo
President Bola Tinubu has expressed sadness over the death of Dotun Oladipo, former Political Editor of The Punch newspaper and Publisher of The Eagle Online, describing his passing as a painful loss to Nigeria’s media industry and the nation.
Tinubu’s message was contained in a statement signed by his Special Assistant on Information and Strategy, Bayo Onanuga, on Wednesday.
Oladipo reportedly died on Tuesday, 25 August 2026, in Lagos at the age of 56.
The President acknowledged Oladipo’s contributions to journalism, particularly his years of dedicated service in political reporting and his commitment to providing Nigerians with credible information through traditional and digital media platforms.
He said Oladipo’s professional career reflected the important role journalists play in strengthening democracy by informing citizens, holding public officials accountable and providing platforms for robust public discourse.
Tinubu recalled Oladipo’s passion for journalism and his contributions to the growth of digital media through The Eagle Online, which he founded after his career at Punch Newspaper.
“Dotun Oladipo’s death at the age of 56 is a painful loss to the Nigerian media community and to our nation. He was a committed journalist who devoted significant years of his life to informing the public and contributing to the development of our democracy.
“His contributions to political journalism and the digital media space will not be forgotten. I extend my heartfelt condolences to his family, colleagues in the Guild of Online Corporate Publishers (GOCOP) and friends. I pray that Almighty God will grant him eternal rest and give his loved ones the strength to bear this irreparable loss,” President Tinubu noted.






