He died on on Sunday morning, June 6, 2015 at Chelsea and Westminster Hospital in London, according to sources.
 
Source:Ayomide O. Tayo: pulse.ng, re-posted bu Abudlgafar Esho (www.econsforumnews.blogspot.com)

The billionaire business man reportedly died today, Monday, February 2. He was 79. 

 

A former Military President, General Ibrahim Babangida (rtd), who is currently not in the country, has spoken about his health while assuring he would return to Nigeria soon.
General Babangida, who spoke on telephone with journalists at Governor Muazu Babangida Aliyu’s Tunga residence in Minna on October 7, 2014, when General Abdulsalami Abubakar paid the governor a Sallah homage, said:”I am now well and will be back to Nigeria very soon.”
Although he did not disclose the specific date of his return.
IBB, while speaking through General Abdulsalami’s phone, said: “I miss all of you, I wish you all Barka de Sallah. I am better now and I will be back in few days’ time.”

The former military leader, General Babangida, is currently receiving treatment in a foreign country.
Last week the state governor sent a delegation from the state to visit the former military president.
Meanwhile, Leadership gathered from a source close to the family that IBB is expected back next week, Friday, as he has been advised to undergo some routine medical examinations before returning home.
IBB reportedly left Nigeria on the 6th of September, 2014, for Germany where he underwent a surgery to relieve him of some back pains.
Meanwhile, it would be recalled that former Governor of Lagos State and national leader of the All Progressives Congress (APC), Bola Tinubu  on Thursday, September 18, returned back to the country after a prolonged trip abroad where he was alleged to be sick and had gone for treatment.

Former President Bill Clinton told CNN he agrees with President Barack Obama's decision to authorize airstrikes against the terrorist group ISIS and arm Syrian rebels working to defeat them.

Conference of Nigerian Political Parties (CNPP) salutes Nobel Laureate, Professor Wole Soyinka, the Moral Guardian, for his profound statement on the Boko Haram imbroglio and by extension the Rev. Stephen Davies disclosures, SaharaReporters informs.
Professor Soyinka’s moral crusade dates back to 50 years, he came to limelight on the eve of the Nigeria-Biafra civil war and has remained consistent in the revival and restoration of human dignity.
He is here again to warn that the nation is drifting into a state of war.
READ ALSO: Jonathan Is Aware Of BH Sponsors – Soyinka
“I am compelled to warn that anything that Stephen Davies claims to have uncovered cannot be dismissed out of hand. It cannot be wished away by foul-mouthed and cheap attempts to impugn his integrity – that is an absolute waste of time and efforts.”
Regarding General Ihejirika, Soyinka said: “I have my own theories regarding how he may have come under Stephen Davies’ searchlight in the first place, ending up on his list of the inculpated. All I shall propose at this stage is that an international panel be set up to examine all allegations, irrespective of status or office of any accused.”

Alibaba founder Jack Ma was never supposed to be a billionaire.

Harvard snubbed him. He flunked college entrance exams twice. Investors thought the serial entrepreneur was crazy when he started building an e-commerce site in China.
But Ma proved them all wrong. Alibaba, which he launched in 1999 from his tiny Hangzhou apartment, is set for one of the largest IPOs in U.S. history.
Analysts estimate that Alibaba -- which does most things digital -- could be valued at $200 billion, roughly four times the market cap of Lockheed Martin (LMT).
How did an English teacher with a modest translation business become a tech titan? It began with a drink.
Searching for "beer" and "China" during his first use of the Internet in 1995, Ma found nothing. But there was plenty of information about American beer. And German beer.
Sensing an opportunity, Ma built a Chinese-language webpage. Within hours of launch, he was receiving enquiries from around the world. The Internet, Ma thought, is "going to change the world and change China."
A few years later, in 1999, Ma gathered 17 friends and acquaintances at his home. They worked feverishly on a new venture: a website to connect exporters with foreign buyers.
Alibaba.com was born. The firm quickly outgrew Ma's apartment, eventually becoming the dominant tech company in China.
The comedian is our CEO
Ma, 49, has always been proud of his humble roots. When Alibaba launched, Ma had no money, no tech experience and a haphazard management style.
But he did have plenty of charisma. Former executives say Ma's infectious optimism -- and his talent with languages -- helped sell the dream.
"He's funny! He can do standup in Chinese or English," said Duncan Clark, a former Alibaba consultant. "He can adapt to the audience ... he has the ability to make everybody in the room feel as if he's talking to just one person."
Ma, married with two kids, is also known to rely on gut instinct.
"He cares more about what is in someone's heart than what is on their resume," said Porter Erisman, a former executive who made a documentary about the company. "Look at the senior managers -- at Alibaba, a lot of them had no prior business experience."
Employees are "Ali people," and managers are given nicknames taken from popular Chinese martial arts novels. Ma, a tai chi devotee, sometimes draws inspiration for company strategy from those books.
The Yangtze River crocodile
Ma is also a ferocious competitor, and steadfast in his belief that Chinese firms can take on international rivals.
"Chinese brains are just as good ... this is the reason we dare to compete with Americans," Ma told his fellow co-founders in 1999. "We can beat government agencies and big famous companies, because of our innovative spirit."
It was this conviction that led Ma to challenge eBay in 2003 when the Silicon Valley firm was expanding its China operation.
Spoiling for a fight, Ma sent a team back to his apartment to devise the next big thing. "EBay is a shark in the ocean; we are a crocodile in the Yangtze River," he said. "If we fight in the ocean, we will lose, but if we fight in the river, we will win."
The team came back with a product called Taobao, or "searching for treasure," in Chinese. The platform was similar to eBay, but better suited to the local market.
Yahoo (YHOO, Tech30) invested $1 billion in the venture. Within a few years, Taobao squeezed eBay out of China. The marketplace handled $177 billion in sales in 2013.
"Ali People" flock to Alifest
Alibaba is a global company with 22,000 employees and 90 offices. Its popular sites, Taobao and Tmall.com, account for 80% of China's online retail sales, and receive more than 100 million visitors a day.
The group and its affiliates operate an e-payment business, online investment funds, cloud computing and mobile services. Remembering how difficult it was to get financing for his translation business, Ma started a loan service to help entrepreneurs.
Alibaba is also getting into entertainment and sports, acquiring media companies and a soccer team in a pre-IPO buying spree. Critics say this is irresponsible -- a last hurrah before Ma is beholden to shareholders.
Ma stepped down as CEO in 2013, and now pursues philanthropic endeavors. But he remains chief strategist at Alibaba, and the public face of the company. He is, by all accounts, still very involved in management decisions.
Once a year, employees and customers turn their attention to Alifest -- a conference that at times resembles a rock concert. The blowout event has featured guests including Bill Clinton and Kobe Bryant.
"Alifest convinced me to join Alibaba," said former executive David Wei. "I've never seen so many happy customers, so many happy employees."
Ma performs at these gatherings, donning sparkly costumes and belting out popular tunes. The crowd always goes wild.
"I never thought I would be where I am today," Ma said in a speech last year. "I never thought Alibaba would be where it is today."

A towering figure in 20th century history, Nobel Laureate Nelson Mandela showed how wisdom and patience can triumph over bigotry and brute force. Truly the Father of a Nation.
Nelson Rolihlahla Mandela was the son of one of South Africa's leading dignitaries, Chief Henry Mandela of the Tembu Tribe, and it was as a young law student that he became involved in political opposition to the white minority regime. Joining the African National Congress (ANC) in 1942, he co-founded its more dynamic Youth League two years later.
The 1948 election victory of the Afrikaner-dominated National Party led to the apartheid system of racial segregation becoming law. Mandela rose to prominence in the ANC's 1952 Defiance Campaign and the 1955 Congress of the People, whose adoption of the Freedom Charter provided the fundamental programme of the anti-apartheid cause.
Initially committed to non-violent mass struggle and acquitted in the marathon Treason Trial of 1956-1961, Mandela and his colleagues accepted the case for armed action after the shooting of unarmed protesters at Sharpeville in March 1960 and the banning of anti-apartheid groups.
In 1961, he became the commander of the ANC's armed wing, Umkhonto we Sizwe. In August of the following year, he was arrested and jailed for five years. In June 1964, he was sentenced again, this time to life imprisonment, for his involvement in planning armed action.
He started his prison years in the infamous Robben Island Prison, a maximum security facility on a small island off the coast of Cape Town. In April 1984, he was transferred to Pollsmoor Prison in Cape Town and in December 1988 he was moved to the Victor Verster Prison near Paarl from where he was eventually released.
During his incarceration Mandela taught himself to speak Afrikaans and learned about Afrikaner history. He was able to converse with his guards in their own language, using his charm and intelligence to reason with them and try to understand the way they thought. This caused the authorities to replace the guards around regularly Mandela as it was felt that they could were becoming too lenient in their treatment of their famous prisoner.
While in prison, Mandela rejected offers made by his jailers for remission of sentence in exchange for accepting the Bantustan policy by recognising the independence of the Transkei region and agreeing to settle there. Amongst opponents of apartheid in South Africa and internationally, he became a cultural symbol of freedom and equality.
Mandela remained in prison until February 1990, when sustained ANC campaigning and international pressure led to his release. On 2 February 1990, South African President F.W. de Klerk lifted the ban on the ANC and other anti-apartheid organisations. Mandela was released from Victor Verster Prison on 11 February 1990.
He and President de Klerk - who did much to dismantle the institutions of apartheid - shared the Nobel Peace Prize in 1993. In Mandela's 1994 autobiography, 'Long Walk to Freedom', he did not reveal anything about the alleged complicity of de Klerk in the violence of the 1980s and 90s, or the role of his ex-wife Winnie Mandela in that bloodshed. However, he later discussed those issues in 'Mandela: The Authorised Biography'.
After his release, Mandela returned to the leadership of the ANC and, between 1990 and 1994, led the party in the multi-party negotiations that resulted in the country's first multi-racial elections. As the first black president of South Africa (1994 - 1999) he presided over the transition from minority rule and apartheid. He won praise for his leadership during this time, even from his former white opponents in South Africa.
Following his retirement as president in 1999, Mandela went on to become an advocate for a variety of social and human-rights organisations. He used his status as a respected elder statesman to give weight to pertinent issues, declaring the United States "a threat to world peace" in 2002 while calling on then president George W Bush not to launch attacks on Iraq.
Because his health was declining, Mandela chose to retire from public life in 2004 and went on to reduce his number of appearances, although he was too prominent a figure to disappear completely. His name has been used to promote charitable ventures close to his heart such as the Nelson Mandela Invitational charity golf tournament, which has raised millions of rand for children's charities since its establishment in 2000.
The fight against Aids is one of Mandela's primary concerns and he used his gravitas to raise awareness about the issue on the global stage. Having backed the 46664 Aids fundraising campaign, which was named after his prison number, he went on to call for more openness in discussing the condition. His son Makgatho Mandela died of Aids in 2005 and the statesman used the occasion to tell people that not hiding the condition, but talking about it, is the only way to break the stigma.
In 2007, he brought together elder statesmen, peace activists and human rights advocates including Kofi Annan, Jimmy Carter, Ela Bhatt, Gro Harlem Brundtland and Li Zhaoxing under a non-governmental organisation dubbed The Elders. The aim of the organisation was to combine the elders' collective wisdom and use it to solve some of the world's problems.
Although he spoke out less about issues affecting neighbouring country Zimbabwe in his retirement, Mandela attempted to persuade President Robert Mugabe to vacate office with some dignity in 2007. However, Mr Mugabe ignored him and hung on to power, leading Mandela to slam the "tragic failure of leadership" in June 2008 when Zimbabwe was in crisis following disputed presidential elections.
In November 2009, Mandela's contributions to world freedom were rewarded with a unique gesture by the United Nations General Assembly. The body announced that his birthday, 18 July, would be known as Mandela Day. The recipient of hundreds of awards and honorary recognitions, including the Nobel Peace Prize, Mandela continues to exert influence on the world even without being actively involved in issues.
His last public outing was during the closing ceremony of the 2010 FIFA World Cup in Johannesburg. In January 2011, Mandela was hospitalised, prompting concerns about the health of the 92-year-old statesman. The Nelson Mandela Foundation revealed that he was in Milpark Hospital in Johannesburg, although it said his life was not in jeopardy. He was allowed home after a couple of days and was transported home, where he leads a quiet retirement.
On 18 July 2012, Mandela's 94th birthday, 12 million schoolchildren across South Africa honoured him with a specially composed song to mark the day. Meanwhile, Mandela celebrated quietly at home with his family.
Mandela has been married three times, including a 38-year marriage to politician Winnie Madikizela, who was his second wife. They wed in 1958 and had daughter Zenani the same year. Their second daughter Zindzi was born in 1960. His youngest daughter was just 18 months old when he was sent to prison.
Nelson and Winnie separated in 1992 and divorced in 1996. His first marriage to Evelyn Mase had also ended in divorce in 1957 due to his devotion to revolutionary agitation.
They had been together for 13 years and had four children together including Thembi, who was born in 1946. He died in a car crash in 1969 at the age of 23 and Mandela was not allowed to go to the funeral as he was in jail. Their first daughter Maki, who was born in 1947, died at just nine months old and the couple named their second daughter in 1953 in her honour. Makgatho was born in 1950.
On his 80th birthday he married Graca Machel, widow of the late Mozambican president Samora Machel. The couple now live at his home in Qunu.
Mandela spent more time in hospital towards the end of 2012, suffering from a lung infection and gallstones. He was discharged a few days before New Year and started 2013 at home surrounded by his family.
He passed away on 5 December 2013 of a lung infection at his home in Johannesburg. He was 95 years old.