Elon musk takes back world's richest man title after gaining almost $10 bilion in a day

Billionaire, Elon Musk bounced back strongly to become the world’s richest man after a daily gain of $9.81 billion on Wednesday, February 24.

Tesla, Musk's company surged back to $190 billion, after the electric car company’s shares recorded impressive gains of 6.18%, thereby putting the market value of Tesla at $712 billion coupled with the SpaceX he founded completing another funding round, pushing him atop the Bloomberg Billionaires Index for the third time in 2021.

The gains pushed Musk past Amazon founder, Jeff Bezos, who is now worth $185 billion and had a few days ago reclaimed the title as the world’s richest person after Tesla shares plunged to record levels.

Tesla Inc stocks were on a record buying spree at Wednesday’s trading session, indicating that global investors are buying the dip following a four-day plunge that erased the world’s most valuable car company year-to-date gains.

Recent reports say SpaceX raised another $850 million this month from a group of leading institutional investors led by Sequoia Capital.

Such investment now puts SpaceX’s valuation at $74 billion, a 60% jump from August, and helped boost Musk’s net worth by about $11 billion, according to the index.

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NAPTIP arrests Islamic teacher for sexually exploiting 16 year old student in Maiduguri

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) Maiduguri Zonal Command, has arrested a 28-year-old Islamic teacher over alleged sexual exploitation of a 16-year-old student. A statement issued by the agency on Thursday, August 5, said the suspect, Yanga Abdullahi of Maura ward, is a teacher at Darul-Arqam Islamiyya school, Maiduguri, the Borno State capital. "The suspect sexually exploited a 16-year-old girl of Mairi Kuwait area, Maiduguri, Borno State. She is a student of the suspect at Darul-Arqam Islamiyya school Maiduguri." the statement read.

Nigerians help me, my friend duped me – Actor Mr Portable cries out

Popular Nollywood Yoruba actor and producer, Olu Olowogemo Arijan also known as Mr Portable, has called on Nigerians to come to his aid after his friend duped him of his money. According to the actor, he was asked by the friend who is based outside of the country to sell his only car so he can get him another one from abroad. He went ahead to sell his car and sent the money to his friend only to be disappointed by the friend. He reported that it has been 2 years now since the man collected the money and nothing has been heard from him. Narrating his ordeal, Mr Portable beckoned on fans and followers to come to his rescue and let justice prevail. Sharing the video, he wrote: “Yes!! I was duped by a friend, ki Olorun gba wa lowo ota bi ore. He is hiding under the umbrella of not staying in Nigeria and I will hide under the voice of my lovers cause I know you people will come to my rescue and let justice be done. I have nothing, but I have my voice and you all,even if I am a millionaire, ...

Corps member slumps and dies in rivers state

A corps member, Atiye Florence Aduke reportedly slumped and died following an incident which occurred in her apartment at Abua Odual LGA in Rivers state where she was serving. . The member of 2019 Batch C, Stream 2 of the youth program who slumped and hit her head against a wall in her house on Wednesday May 27, died on Saturday May 30 after being rushed to the hospital. . Friends and loved ones of the deceased have taken to social media to pen down tributes to her. Atiye Olawale wrote “Painfull exit, Atiye Florence Aduke u told me that I should come and visit you once u come back from Port Harcourt to Lagos of which i make move, before getting there, u call me on my way that “Bros Wale” don’t bother yourself ‘I will be fine’ but greet our mother for me till I come back from my journey. Not knowing that u are saying your last word.”

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