Business
Dangote Regrets Not Buying Arsenal for $2B
Aliko Dangote, Chairman of the Dangote Group, has expressed his regret over missing the opportunity to purchase Arsenal Football Club for $2 billion.
Speaking during an interview with Bloomberg’s Francine Lacqua in New York, Dangote acknowledged that the window for acquiring the Premier League team had likely closed.
Reflecting on past ambitions, Dangote explained that he had once seriously considered buying the club after completing his refinery project.
However, the rapid increase in football club valuations and Arsenal’s current success made the acquisition less feasible.
He pointed out that when he initially entertained the idea, Arsenal was not performing well on the field, making the purchase more attractive at the time.
Now, with the club’s value reportedly soaring to $4 billion, Dangote noted that he no longer has the excess liquidity to pursue such a venture.
He emphasized that his resources were better utilized in completing his business projects, which he viewed as more critical to his overall strategy.
While the opportunity to buy Arsenal has passed, he remains a passionate supporter of the club, continuing to follow their games and cheer them on as a devoted fan.
Despite his regret over not seizing the opportunity earlier, Dangote reiterated that his decision was influenced by practical considerations.
He expressed satisfaction with his role as a fan and major supporter, acknowledging that the money used to purchase the club could have been better spent on his various business ventures.
Looking back, he admitted that Arsenal’s rising fortunes have only deepened his sense of missed opportunity, but he remains committed to focusing on his core business interests moving forward.
Nigerians react as a user claims and shares that the price of rice in Nigeria is already reducing.
“Rice prices are finally dropping, minimum wage can buy a bag now. Step by step, we’re getting there. Nigeria will work in our lifetime.”
It can be noted that rice was sold at ₦85k to ₦90k, however, according to a market survey, the price of rice has dropped to ₦56k to ₦62k.
Nigerians now have a new choice when it comes to making calls and browsing the internet. A new telecom company called LEBARA has launched in the country with a new idea. Instead of the usual airtime system that most networks use, this company is offering something different, subscribers will now buy call minutes and data directly.
What makes this different is that customers will only pay for what they actually use. If you buy 100 minutes, those minutes are yours until you use them up. If you make a call that lasts only 30 seconds, the rest of your time remains, leaving you with 99 minutes and 30 seconds. Nothing is taken away without your knowledge, and every second is accounted for.
The company is rolling out its services with the new 0724 number series, and it already has connections with all the major networks in Nigeria. This means subscribers will be able to call friends, family, and business contacts across MTN, Airtel, Glo, 9mobile and others without any problems. They have also been licensed as a Tier 5 Mobile Virtual Network Operator, which is the highest category approved by the Nigerian Communications Commission (NCC).
Company officials explained that the goal is to give Nigerians more freedom, fairness, and transparency. For years, people have raised concerns about airtime being deducted too quickly or without clear explanation. By introducing a minutes-based model, the new operator wants to end that problem once and for all. Subscribers can clearly see what they paid for, how much they have used, and what is left.
Victim of child abuse pleads and urges American billionaire and businessman, Elon Musk, to halt the spread of a link that showcases her abuse on the social media platform, X.
The victim shared as she pleaded with Musk: “Hearing that my abuse — and the abuse of so many others — is still being circulated and commodified here is infuriating.”
The victim then expressed anger and disappointment that she is still reminded of her hurtful past and pleaded that Elon stop the link as he is the owner of the platform.
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