RIPPLES IN LAGOS BOURSE OVER BRAND DANGOTE

RIPPLES IN LAGOS BOURSE OVER BRAND DANGOTE

The Nigerian Stock Exchange in Lagos has continued to quake over revelations that Brand Aliko Dangote was no longer the richest man in Nigeria and Africa .

Checks by The News office Desk of Paedia Express Multimedia Group in Lagos,Nigeria ,shows that soon after the news was revealed that Mr Abdulmumini ireyi Adeku ,The Founder of Paedia Express Multimedia Group 's networth was standing at 18 billion British Pounds sterling  unlike that of Alhaji Aliko Dangote which stood at 10 Billion British Pounds Sterling ,brain storming sessions started almost immediately in most key African board rooms.

It is a well known fact that Nigerians practically worship money and those that were trading on the Dangote Cement stocks in the Lagos Stock market had no financial fundamental reasons why they were doing business with it other than the fact that the Kano born Business magnate was the richest African.

So with the latest revelations laced with facts and figures,analysts discovered that traders began to foot drag on the Dangote Cement Stocks leading to at least N6Billion being lost in the market within them week of the grains being separated from the chaffs. by an act of God rather than a human design.

It was also gathered that as the news continued to gather storm .The Dangote Group ,quickly tried to douse the tension as it wired an urgent press release from New York City where its President was attending a United Nations General Assembly meeting insisting that the Kano born Multi-Billionaire was still Africa's number one in terms of wealth as it made a meal of its current hostile take -over in the South African Cement market.

A peep into the company:Brand Aliko Dangote was buying into quickly by this reporter online ,showed that the bluechip in question was only worth $700 million  and this does not add up to the immediate aspirations of Brand Dangote overpowering the new icon:Brand Adeku.

A source in explaining the principles of wealth creation and management  to this reporter had noted that intangible assets were more powerful than fixed and liquid assets.

The source also insisted that by the time ,fixed and liquid assets will have appreciated   intangible assets will have more than doubled in terms of value and stocks if quoted.

However as the days rolled by  and the truth and reality began to hit harder ,Brand Dangote will appear was now eating the humble pie as a recent Daily Trust Newspaper publication on his activities at an agricultural exhibition did not call him the richest African or Nigerian.

Mr Abdulmumini ireyi Adeku speaks:"i did not bargain for where i am ,but it pleased God to put me here and no human being no matter how powerful can stop this"

"i want it to be known to all that all i ever wanted to do was do great news reporting and nothing more ,i am doing my thing in my corner and Alhaji Dangote is doing his own too as well  and both are to the benefit of the nation's economy  but the truth should be reflected even if you do not like my face"

"Politicians should not use us to play politics:Alhaji and i ,but let the press learn to tell the truth as this is what will heal the world and not lies"

Analysts ,think that there could be another dozen Nigerians and Africans possibly occupying the range between Brand Dangote and Brand Adeku but have remained largely unknown to the general public  and at least one of them is known to this reporter

The Nigerian Stock Exchange in Lagos has continued to quake over revelations that Brand Aliko Dangote was no longer the richest man in Nigeria and Africa .

Checks by The News office Desk of Paedia Express Multimedia Group in Lagos,Nigeria ,shows that soon after the news was revealed that Mr Abdulmumini ireyi Adeku ,The Founder of Paedia Express Multimedia Group 's networth was standing at 18 billion British Pounds sterling  unlike that of Alhaji Aliko Dangote which stood at 10 Billion British Pounds Sterling ,brain storming sessions started almost immediately in most key African board rooms.

It is a well known fact that Nigerians practically worship money and those that were trading on the Dangote Cement stocks in the Lagos Stock market had no financial fundamental reasons why they were doing business with it other than the fact that the Kano born Business magnate was the richest African.

So with the latest revelations laced with facts and figures,analysts discovered that traders began to foot drag on the Dangote Cement Stocks leading to at least N6Billion being lost in the market within them week of the grains being separated from the chaffs. by an act of God rather than a human design.

It was also gathered that as the news continued to gather storm .The Dangote Group ,quickly tried to douse the tension as it wired an urgent press release from New York City where its President was attending a United Nations General Assembly meeting insisting that the Kano born Multi-Billionaire was still Africa's number one in terms of wealth as it made a meal of its current hostile take -over in the South African Cement market.

A peep into the company:Brand Aliko Dangote was buying into quickly by this reporter online ,showed that the bluechip in question was only worth $700 million  and this does not add up to the immediate aspirations of Brand Dangote overpowering the new icon:Brand Adeku.

A source in explaining the principles of wealth creation and management  to this reporter had noted that intangible assets were more powerful than fixed and liquid assets.

The source also insisted that by the time ,fixed and liquid assets will have appreciated   intangible assets will have more than doubled in terms of value and stocks if quoted.

However as the days rolled by  and the truth and reality began to hit harder ,Brand Dangote will appear was now eating the humble pie as a recent Daily Trust Newspaper publication on his activities at an agricultural exhibition did not call him the richest African or Nigerian.

Mr Abdulmumini ireyi Adeku speaks:"i did not bargain for where i am ,but it pleased God to put me here and no human being no matter how powerful can stop this"

"i want it to be known to all that all i ever wanted to do was do great news reporting and nothing more ,i am doing my thing in my corner and Alhaji Dangote is doing his own too as well  and both are to the benefit of the nation's economy  but the truth should be reflected even if you do not like my face"

"Politicians should not use us to play politics:Alhaji and i ,but let the press learn to tell the truth as this is what will heal the world and not lies"

Analysts ,think that there could be another dozen Nigerians and Africans possibly occupying the range between Brand Dangote and Brand Adeku but have remained largely unknown to the general public  and at least one of them is known to this reporter