News
Aliko Dangote Transfers US$687 Million, Affirming Strong Support for Nigeria’s Economic Advancement
**Dangote Industries Repatriates $687 Million, Affirming Commitment to Nigeria’s Economic Growth**
Dangote Industries Limited, owned by Africa’s wealthiest individual, Aliko Dangote, has successfully repatriated $687 million through multiple Nigerian banks, signaling not only the conglomerate’s enduring commitment to Nigeria but also expressing confidence in the country’s economic prospects under President Bola Ahmed Tinubu’s leadership. The substantial capital repatriation reflects Dangote Industries’ trust in Nigeria and the African continent, with a strong emphasis on authenticity and integrity in its investments, rebuffing any “body-shop” investor characterization.
In a statement released on Sunday, Dangote Industries invited relevant authorities to scrutinize the company’s foreign exchange operations over the last decade, pledging transparency and openness in addressing any identified violations. The $687 million repatriation includes $576,008,672.41 routed through various Nigerian banks and an additional $111,968,109.38 involved in a cash exchange transaction between Dangote Cement Plc and Ethiopian Airlines. This financial move underscores the conglomerate’s substantial investment in Nigeria.
Dangote Industries robustly defended its foreign exchange acquisitions, asserting that the funds were precisely utilized for their intended goals, with the supported projects visibly contributing to public welfare. The conglomerate highlighted the official launch of several projects attended by senior government officials, CEOs of prominent banks, industry leaders, and host nation presidents, all extensively covered by regional and global media.
The conglomerate’s proactive stance in urging investigations into its foreign exchange operations demonstrates its commitment to transparency, accountability, and contributing to Nigeria’s economic development.
News
“ How can you pardon your son and ignore other people that have been there for years,That is abuse of power” – Donald Trump to Biden
Former President Donald Trump has expressed his dissatisfaction with President Joe Biden’s decision to pardon his son while others who committed similar crimes remain in prison. Trump didn’t mince words, stating:
“How can you pardon your son and ignore other people that have been there for years? That is abuse of power.”
He went on to emphasize the unfairness of the situation, adding:
“Your son committed a crime, the same crime that other people committed, and they have been in prison for years. What happens to them after you free your son? That is abuse of power. People should be treated the same in America.”
Trump’s remarks highlight a broader concern about equal treatment under the law and the potential misuse of presidential power. His critique implies that Biden’s actions set a precedent that undermines the justice system, sparking debates across political and social platforms.
The issue has stirred significant controversy, with many questioning whether the pardon reflects favoritism. While Biden’s supporters may argue that his decision was personal, critics like Trump see it as an affront to the principles of fairness and justice in America.
News
“Why will flavour call kcee copy copy akaria” – these men are doing well in their lane, and because I am biased towards Flavour’s music, I will not speak ill of Kcee’s efforts, fan said
Kcee released an album titled Mr Versatile around July 2024. If he didn’t react to Flavour’s “copy copy akaria”, I wouldn’t know he released an album this year.
I enjoy the music of both illustrious sons of Ala Igbo. If I were at a wedding reception or inside the bedroom, I would hear more of Flavour’s songs. At a club, I would hear a mixture of Kcee and Flavour’s songs. If I were at a burial, I would hear Flavour’s songs more.
If I sampled the opinions of 30 random men and women between 40 and 60 years old who they preferred between both artists, many would say Flavour.
When Kcee called Flavour a needle in the ocean of things that matter, I assume he may be referring to another thing and not music. When it comes to music, Flavour is the ocean.
Kcee made an important point by stating no one should gatekeep the Igbo culture, and I agree with him. Anyone who feels their creative juice connects to their Igbo culture should create authentic sounds that will remain evergreen in our hearts and not belittle others for trying.
Before Flavour released his 2005 album N’abania, KC Presh (Kcee and Presh) had toured the country after their Star Quest success in 2002. Both men have come a long way and invested so much in their crafts.
Both men are doing well in their lane, and because I am biased towards Flavour’s music, I will not speak ill of Kcee’s efforts. We all have access to the Internet, streaming and concert numbers. You can be the judge.
Today, judging from current statistics of active musicians, no Igbo artist is more prominent than Flavour of Africa.
You may not like a man because you don’t have access to him, or both of you don’t roll, but don’t discredit his hard work.
Entertainment
“God pls take 20years from my life and give
DAVIDO… this guy is just too humble” – A TikTok fan begs God to give DAVIDO more years to liveC
“A TikTok Fan Prays for Davido’s Long Life After His Heartwarming Act of Kindness”
After witnessing Davido’s latest act of generosity—gifting ₦10 million to a group of dancers who celebrated his song “Dodo” from a decade ago—one TikTok fan took to social media with a heartfelt prayer: “God, please take 20 years from my life and give Davido… this guy is just too humble.” This powerful wish reflects the immense love and admiration fans have for Davido, whose generosity and humility continue to inspire.
Known for his motto, “We rise by lifting others,” Davido has changed countless lives, and fans everywhere are moved by his unending kindness. With all the prayers and love pouring in for him, it’s clear his fans believe he deserves every blessing.
May Davido continue to thrive, inspiring others and receiving the long life and blessings he so genuinely deserves. 爐❤️
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