Headlines
Forbes: Aliko Dangote’s wealth surges by almost 100% to $23.9bn, now 86th richest in the world
Nasiru Yusuf Ibrahim
Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in Africa and 86th in the world. It would be recalled that Forbes ranked Aliko Dangote as the 144th richest person in the world in 2024 with $13.4 billion.
KANO FOCUS reports that Forbes estimates Dangote’s net worth at $23.9 billion, primarily due to his 92.3 percent stake in Dangote Petroleum Refinery & Petrochemicals. At 67 years old, Dangote is once again one of the top 100 richest individuals worldwide, a position he has not held since 2018, according to the Forbes Real-Time Billionaires List.
This places him significantly ahead of South African Johann Rupert, who is ranked 161st in the world with an estimated wealth of $14.4 billion and very far above Mike Adenuga, who is the second richest in Nigeria and 481, in the world, with a net worth of $6.8 billion.
Dangote disrupted the government’s oil monopoly by constructing the largest petroleum refinery in Africa. After 11 years, a $23 billion investment, and numerous challenges, the Dangote Refinery began operations last year. Located on a vast 6,200-acre site in the Lekki Free Zone, the refinery, at full capacity, will process a remarkable 650,000 barrels per day (b/d), making it the seventh-largest refinery in the world and the largest in Africa. Additionally, the refinery’s adjacent petrochemical complex has an annual production capacity of 3 million metric tons of urea, making it Africa’s largest fertiliser producer.
The Dangote Refinery is already having a significant impact on global energy markets. Imports of petroleum into Nigeria are on track to reach an eight-year low, affecting European refiners that have traditionally sold to Nigeria, according to energy intelligence firm Vortexa. Furthermore, Nigeria has become a net exporter of jet fuel, naphtha (a solvent used in varnishes, laundry soaps, and cleaning fluids), and fuel oil, according to S&P Global.
Dangote sees the refinery as part of a larger vision to transform Nigeria, one of the world’s largest crude oil producers, into a major producer of refined petroleum products. This would enable Nigeria to compete with European refineries and supply gasoline to Nigerian consumers.
“I want to provide a blueprint for industrialisation across Africa,” Dangote says in an interview with Forbes. “We have to build our nation by ourselves. We have to build our continent by ourselves, not [rely on] foreign investment.” He believes Africa has long been “a mere dumping ground for finished products,” and his refinery represents “a pivotal step in ensuring that Africa can refine its own crude oil, thereby creating wealth and prosperity for its vast population.”
Dangote said the refinery is the biggest risk of his life and without success, it would have affected him greatly.
“It was the biggest risk of my life,” says Dangote about his decision to embark on the project. “If this didn’t work, I was dead.”
Zainab Usman, director of the Africa Programme at the Carnegie Endowment for International Peace, according to Forbes, said Nigerians see Dangote as a hero and a real industrialist transforming the country.
“He is seen in most parts of Nigeria as a hero. He is seen as a real industrialist who builds things,” she said.
A professor of African studies at the Soka University of America, Chika Ezeanya, also corroborated this view, noting that Dangote is meeting the needs of consumers on the continent.
“I think he’s believed staunchly in the fact that Nigerians need products that he has to offer,” he said while adding, “Governments can come and go, policies can be changed, but the needs of the Nigerian consumer will only grow and expand.”
Hauwa Umar
The Nigerian Communications Commission (NCC) has introduced a device verification platform to strengthen regulatory compliance, protect consumers and curb the circulation of counterfeit, cloned and unauthorised communication devices in Nigeria.
KANO FOCUS reports that the commission said the NCC Device Checker Platform would enable consumers to verify the regulatory approval status of SIM-enabled devices before purchasing them, while helping ensure that devices connected to Nigerian telecommunications networks meet established technical standards.
The Kano Zonal Controller of the NCC, Engr. Maigana Gidado, disclosed this on Thursday during a media briefing at the commission’s zonal office in Kano.
Engr. Gidado said the initiative was part of the commission’s efforts to strengthen Type Approval compliance and improve the integrity of communication devices used on Nigerian networks.
According to him, the commission has made progress in implementing the initiative through the regularisation and licensing of device dealers, as well as sensitisation engagements with importers and other industry stakeholders.
He said the commission had streamlined its licensing and regularisation processes, enabling a significant number of device dealers in Kano State to obtain licences.
The NCC had also conducted stakeholder sensitisation engagements in Lagos and other parts of the country to improve awareness of Type Approval requirements and obligations under the Device Checker framework.
“These initiatives have strengthened accountability across the device supply chain and improved compliance with regulatory requirements,” he said.
Engr. Gidado added that the commission had developed a user-friendly Device Checker application that allows authorised stakeholders to scan device International Mobile Equipment Identity (IMEI) numbers and upload information directly to the platform.
He said the application was designed to simplify compliance procedures, improve efficiency and make the verification process more accessible to relevant industry participants.
The zonal controller urged consumers to verify the status of devices before purchasing them through the commission’s *Check Your Device* portal at [www.ncc.gov.ng/devicechecker](http://www.ncc.gov.ng/devicechecker) by entering the device’s IMEI number.
He also directed manufacturers, importers, distributors and dealers to consult the Type Approval and Device Verification Guide available at [www.ncc.gov.ng/DeviceCheckerGuide](http://www.ncc.gov.ng/DeviceCheckerGuide) to understand their responsibilities under the regulatory framework.
According to him, organisations seeking Equipment Type Approval can access the relevant application requirements and procedures through the Type Approval section of the commission’s website.
Engr. Gidado, however, clarified that the Device Checker Platform was not a surveillance tool and would not access users’ personal data, messages, photographs, contacts, financial information or other private content stored on their devices.
He explained that the platform’s purpose was limited to device identification and verification of regulatory compliance.
The NCC urged consumers to patronise reputable and licensed dealers and take advantage of its online resources to make informed purchasing decisions.
It also encouraged industry stakeholders to familiarise themselves with the commission’s Type Approval requirements and ensure full compliance.
Engr. Gidado said consumers requiring assistance or wishing to lodge complaints could contact the commission through its 315 toll-free consumer line.
He reaffirmed the NCC’s commitment to consumer protection, fair competition and network integrity, adding that the commission would continue to promote a trusted communications ecosystem in Nigeria.
Suspect returned to Kano to face investigation, prosecution
Nasiru Yusuf Ibrahim
The Kano State Multi-Agency Task Force on Drug Abuse and Illicit Trafficking has arrested a suspected gang leader and sponsor, Ishaq Lawan Ibrahim, popularly known as Malam Keya, in Port Harcourt, Rivers State.
KANO FOCUS reports that the 27-year-old suspect, from Yelwa in Dala Local Government Area of Kano State, is accused of sponsoring violent gang clashes that have claimed lives and heightened insecurity in parts of the state.
The task force disclosed this in a statement, saying the suspect was arrested following intelligence-led operations after allegedly fleeing Kano as security operations against gang violence intensified.
According to the statement, operatives tracked him to Port Harcourt and arrested him in an operation led by the task force’s Head of Operations, CSP Bashir Gwadabe. He has since been returned to Kano.
The task force alleged that Malam Keya played a leading role in orchestrating and financing hoodlums involved in violent attacks in Dala and other affected communities.
The areas reportedly affected by the gang violence include Jakara, Madigawa, Yalwa, Sanka, Kul Kul, Dogon Nama, Kukar Bulukiya, Dala, Shatsari and Dandalin Turawa.
Confirming the arrest, the task force chairman, Barr Muhuyi Magaji Rimin Gado, said the operation demonstrated the agency’s determination to pursue suspected sponsors of violence beyond Kano State.
“Let me assure you that those who bankroll violence should know that no distance, and no hiding place, will protect them. This arrest is only the beginning. We will not rest until peace is fully restored,” he said.
The task force said the suspect remained in custody for further investigation and would be prosecuted upon the conclusion of the investigation.
It added that its operations would continue in accordance with the law, with all suspects entitled to due process.
The agency also pledged to sustain efforts to dismantle criminal gangs, identify their alleged sponsors and disrupt drug supply networks linked to criminal activities.
It urged residents, community and religious leaders, parents and youths to support security efforts by reporting suspicious persons and activities, monitoring their neighbourhoods and discouraging young people from being recruited into criminal gangs.
The task force described public cooperation as essential to restoring peace and security across the state.
It also acknowledged the support of the Kano and Rivers state police commands and other law enforcement agencies in the operation.
Nasiru Yusuf Ibrahim
The Kano State Police Command has foiled an alleged kidnapping plot in Gezawa Local Government Area and arrested two 20-year-old suspects over threats to abduct a village head.
KANO FOCUS reports that the suspects, identified as Aliyu Naziru Garba and Bashir Alhasan, were arrested following intelligence-led operations by police operatives attached to the Gezawa Divisional Police Headquarters.
The command disclosed this in a statement issued on Wednesday by its spokesperson, CSP Abdullahi Haruna Kiyawa.
According to the statement, the incident was reported on October 26, 2026, at about 1:30 a.m. by the village head of Bangare, Mallam Idris, who told the police that he had received a threatening phone call from an unidentified person on October 24 at about 9:33 p.m.
The caller allegedly threatened to kidnap him.
Following the report, police operatives launched a follow-up operation, which led to the arrest of the two suspects.
“The suspects have confessed to the commission of the crime,” the statement said, adding that investigations were ongoing and the suspects would be charged to court upon completion.
The Commissioner of Police in Kano State, Ibrahim Adamu Bakori, commended officers of the Gezawa Division for their swift and professional response.
Bakori reiterated the command’s zero-tolerance stance on criminal activities and said the operation aligned with the policing vision of the Inspector-General of Police, Olatunji Rilwan Disu, which prioritises intelligence-led and technology-driven policing, professionalism and proactive crime prevention.
The police urged residents to remain vigilant and report suspicious persons or movements to the nearest police station.
The command also provided the following emergency contact numbers for reporting security concerns: 08032419754, 08123821575 and 09029292926.
NCC introduces device checker to curb counterfeit phones, protect consumers
Kano Task Force Arrests Suspected Gang Sponsor ‘Malam Keya’ in Rivers
Kano water agency strengthens security at Joda waterworks
Kano Police foil kidnap plot, arrest two suspects in Gezawa
Sheikh Masussuka’s killing: why sectarian blame must not replace justice
Kano must make government procurement work for made-in-Kano
Indonesian scholar proposes waqf model to reform almajiri education in Nigeria
Nigeria’s Data Demand Surges 47% as Stakeholders Seek Fresh Investment in Digital Infrastructure
Kano Settles N32bn Pension, Gratuity Liabilities, Says Gov Yusuf
