Dangote Foundation, WEF Unveil 2024 Class Of Dangote Fellows

Published

1 year ago

May 8, 2024

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Dangote Foundation, WEF Unveil 2024 Class Of Dangote Fellows—-Aliko Dangote Foundation (ADF), in conjunction with the World Economic Forum (WEF) and Forum of Young Global Leaders (YGL), has unveiled gifted and high calibre individuals for the esteemed 2024 class of the World Economic Forum Young Global Leaders (YGL) Dangote Fellows.

ADF and WEF, in a release, said, “With great excitement and anticipation, ADF and WEF announce this year’s cohort, a group of visionary leaders poised to make impactful contributions to global development, innovation, and leadership.

The WEF YGL Dangote Fellowship, a partnership between the Aliko Dangote Foundation and the World Economic Forum, identifies, engages, and supports outstanding individuals under the age of 40 who demonstrate exceptional leadership potential in various fields.

This year’s class, according to ADF and WEF embodies the diverse talents, expertise, and commitment to positive change that characterise the YGL community.

The selected young leaders are: Alloysius Attah, Co-Founder & CEO of Farmerline, Ghana; Angela Oduor Lungati, Executive Director of Ushahidi Inc., Kenya; Judy Sikuza, CEO of the Mandela Rhodes Foundation, South Africa; Lelise Neme Sori, Commissioner at the Ethiopian Environmental Protection Authority, Ethiopia, and Nomasonto Motaung, Deputy Minister in the Presidency Government of South Africa, South Africa.

Others include: Oluwatosin Olaseinde, Founder & CEO of Money Africa, Nigeria; Veda Sunassee, CEO African Leadership University, Mauritius, and Thabile Ngwato, CEO & Co-Founder of Newzroom 405, South Africa.

A statement jointly released by ADF and WEF, indicated that “For the first time, the newly inducted Fellows will convene for a transformative three-day retreat in Geneva, Switzerland, organised by the World Economic Forum Foundation. The retreat aims to provide an unparalleled opportunity for the new class of Young Global Leaders to connect with their peers, deepen their understanding of the YGL community, and align themselves with its core values.

“This gathering underscore the commitment of the Forum of Young Global Leaders to foster collaboration, innovation, and sustainable leadership among the world’s most promising young change-makers.

“We are thrilled to welcome the exceptional individuals who make up the Class of 2024 Aliko Dangote Fellows,” said Fatima Aliko Dangote, Aliko Dangote Foundation Board Trustee member. “Their diverse backgrounds, bold ideas, and unwavering commitment to driving positive change will undoubtedly enrich our community and contribute to shaping a more inclusive and sustainable future for all.

“We believe that these remarkable individuals will not only benefit from the resources and opportunities provided by the WEF YGL Dangote Fellowship but will also leverage their talents and expertise to address some of the most pressing challenges facing our world today,” she added.

Young Global Leaders are selected from a variety of sectors such as business, government, academia, media, non-profit organisations and arts and culture, and from all regions of the world. Young Global Leaders engage in initiatives that address specific challenges of public interest with the objective of shaping a better future.

The honour, bestowed each year by the Forum, recognises young leaders from around the world for their professional accomplishments, commitment to society and potential to contribute to shaping the future of the world.

The 2024 honourees will become part of the broader Forum of Young Global Leaders that convene at an Annual Summit, which are integrated into events organised by the World Economic Forum, and organise events of their own, as well as launch and lead their own innovative initiatives and task forces.

These activities enable YGLs to learn from and with each other; build knowledge and engender a better understanding of global challenges and trends, risks and opportunities; and further enhance their unique role as leaders within their own organisations, the World Economic Forum and the broader global community.

Past YGLs include: Uche Pedro, Founder & CEO Bella Online Media, Tokini Peterside, CEO Art X Collective, Oluseun Onigbinde, Co-founder BudgIT, Adebola Williams, CEO Red Media Africa, Dr. Tolu Oni, Associate Professor University of Cape Town & University of Cambridge.

Others are: Iyinoluwa Aboyeji, (ex-)CEO Flutterwave (now CEO Fund for Africa’s Future), Lois Auta, Founder & ED Cedar Seed Foundation, Ada Osakwe, Managing Partner Agrolay Ventures, Cynthia Mosunmola Umoru, Founder Honeysuckles PTL Ventures, Simon Kolawole, Founder & CEO Cable Newspaper, Tara Fela-Durotoye, Founder & CEO House of Tara, among many others.

Since its inception in 2011, the partnership between the Forum of Young Global Leaders and the Aliko Dangote Foundation has been instrumental in nurturing Africa’s next generation of leaders. Over the past decade, the Foundation’s support has empowered over 115 YGL Dangote Fellows, enabling them to accelerate their impact and catalyse lasting change across the continent and beyond.

The Aliko Dangote Foundation Fellows join a prestigious network of over 1,400 Young Global Leaders from diverse fields including business, government, academia, and civil society. Together, they represent a powerful force for driving positive change and addressing the world’s most pressing challenges.

The Forum of Young Global Leaders, established by the World Economic Forum in 2004, is a unique, multistakeholder community of more than 1,400 outstanding young leaders from around the world. Each year, the Forum recognises the most innovative, enterprising, and socially minded individuals under the age of 40 who are pushing the boundaries of global leadership and making a positive impact on society.

The Aliko Dangote Foundation, established by foremost Nigerian industrialist and humanist Aliko Dangote, is committed to improving the quality of life for people across Africa by supporting initiatives in health and nutrition, education, and economic empowerment.

The World Economic Forum is the International Organisation for Public-Private Cooperation. The Forum engages the foremost political, business, cultural, and other leaders of society to shape global, regional, and industry agendas.

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UBA Customers Panic As Account Holder Narrates How N100m Vanished From His Account After Fake Death Claim (+Video)

Published

2 weeks ago

October 10, 2025

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UBA Customers Panic As Account Holder Narrates How N100m Vanished From His Account

By Abdullahi Abubakar

Some Nigerians are worried stiff and may consider closing down their accounts with the United Bank For Africa (UBA) over how an account holder, Ibhahe Hope Ehieribo became depressed and disorganised after a whooping sum of over N100 million vanished from his account.

Ehieribo who recently returned home after years of working and residing abroad is accusing UBA of gross negligence after discovering over N100 million was allegedly siphoned from his account. The shocking depletion, he claims, occurred after a false death certificate was presented, leading to the fraudulent withdrawal of his life savings while he was out of the country.

UBA account holders, Victory Oghenechoja E and Sylvia Godspower who spoke to NATIONAL WAVES said they will close their accounts with the bank if it continues in this manner.

Ibhahe Hope Ehieribo’s statement of account

The allegation surfaced during a live video call with human rights advocate, Gwamnishu Harrison, who has pledged legal support to help the victim seek redress.

According to Ehieribo, the incident occurred in 2023 while he was still residing overseas. He explained that he had been saving consistently into his UBA account, making deposits multiple times each year.

However, upon his return to Nigeria, Ehieribo was stunned to learn from bank officials that his entire savings had been withdrawn. The funds, he was told, had been accessed by individuals who claimed he had passed away and was already buried.

The returnee recounted that when he visited the bank to demand clarification, police officers were already on standby, allegedly to arrest him for causing a disturbance.

He insisted that he merely raised his voice in shock and frustration after learning that his life savings had vanished.

Harrison has described the development as a clear violation of the customer’s rights and has vowed to take legal action against the financial institution.

Efforts by NATIONAL WAVES to get the bank side of the story yielded no fruits as at the time of filing this report, UBA had yet to issue an official response to the allegations.

However, Harrison later disclosed that the bank headquarters reached out to him and assured that it was on the issue.

“UBA headquarters have reached out. Let me sit and do a video update. UBA is utterly confused and shouting in dismay. The man’s wife resides abroad, and he does not have sisters. The beneficiaries of his over 100 million naira are Patience and Precious. My man does not know any of them.

“UBA bank reached out and they assured they are on his matter. It will interest you to know that before the money was awarded to unknown recipients, they obtained a Death certificate of a living being and went to probate at the high court to obtain a court order.

“Currently, the name the bank officials mentioned to us were the recipient, the victim, doesn’t know them. Please tag Central Bank of Nigeria and UBA Group.

“The bank will be held liable. They know what happened,” the activist claimed.

Watch video below

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Bitcoin Tops $100,000 For The First Time Since February Following Coinbase, Tariff Deals

Published

6 months ago

May 8, 2025

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Bitcoin Tops $100,000 For The First Time Since February Following Coinbase, Tariff Deals

Bitcoin (BTC-USD) surged above $100,000 on Thursday for the first time since February.

The world’s largest cryptocurrency rose alongside the overall market after President Trump unveiled a trade deal with the UK, signaling a deescalation of tariffs.

Coinbase’s (COIN) announcement earlier in the day about the crypto exchange’s deal to acquire options platform Deribit for $2.9 billion also helped boost sentiment in the sector.

Bitcoin rose as much as 4% to trade north of $100,900 near 11:30 a.m. ET on Thursday as Trump spoke in the Oval Office about the UK agreement and indicated other countries also want to strike trade deals with the US.

Bitcoin fell as low as $75,000 in the days following Trump’s “reciprocal” tariff announcement on April 2, otherwise known as “Liberation Day.”

Bitcoin sentiment has grown increasingly bullish during the stock market’s recovery. Signs that companies are taking a cue from firms like Strategy (MSTR) and adding crypto to their balance sheets have also bolstered sentiment toward the sector.

In a note earlier this week, Bernstein analyst Gautam Chhugani said approximately 80 companies have “adopted the ‘Bitcoin Standard,’ adding Bitcoin treasury exposure to their balance sheets, owning ~3.4% of the total BTC supply.”

“The implications for Bitcoin — more resilient corporate/institutional capital supporting through the cycle downturns and accelerated supply squeeze as public corporates continue buying Bitcoin,” Chhugani added.

Year to date, bitcoin is up more than 8%.

Coinbase Global (COIN) has reached an agreement to acquire crypto options platform Deribit for $2.9 billion, one of the most significant deals ever for the cryptocurrency industry.

The deal marks another milestone for Coinbase, the largest cryptocurrency exchange in the US, after missing out for years on the wider transaction volumes and margins that other exchanges captured from derivatives trading.

Coinbase’s stock rose over 4% on the announcement. The Wall Street Journal first reported the deal.

“This isn’t just more products — it’s deeper liquidity, tighter spreads, and better tools for institutional and retail traders alike,” Greg Tusar, Coinbase’s head of institutional product, said in an emailed statement.

Deribit “isn’t just another addition,” he added in a blog post.

The acquisition follows Coinbase’s purchase of asset manager One River Digital in 2023, derivatives exchange FairX in 2022, crypto brokerage platform Tagomi in 2020, and custody business Xapo in 2019.

Coinbase is paying for Deribit with a mix of its own common stock and $700 million in cash.

The deal is the latest example of how the crypto industry has emerged as one of the few bright spots for merger and acquisition activity this year, even as other industries hold back amid the economic uncertainties triggered by President Trump’s trade wars and tariffs.

The biggest driver of that crypto optimism is Trump’s continued embrace of digital assets. He is pushing for more favorable regulation of the industry, and Coinbase is expected to be one of the biggest beneficiaries.

Some other big crypto deals so far this year include Coinbase’s US rival Kraken announcing an agreement to purchase crypto futures trading platform Ninja Trader for $1.5 billion in March and Ripple Labs agreeing last month to buy crypto broker and financing firm Hidden Road for $1.25 billion.

Coinbase reports first quarter earnings Thursday afternoon. Its profits are expected to decline, while net revenue is expected to jump compared to a year ago. It recognized a $737 accounting gain on its crypto asset holdings in the first three months of last year.

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