Tuesday, January 24, 2012

LAGOS BILLIONAIRE, JIMOH IBRAHIM ACQUIRES $500 MILLION HOTEL IN DUBAI


Popular Lagos billionaire business man, Global Fleet Group chairman, Barrister Jimoh Ibrahim is set to open his 34-floor hotel in Duabi, where he also owns and rents over 50 flats in the city's very exclusive area.
Acquiring the hotel was said to have cost the billionaire, who owns the only university in Sao Tome, at least half a billion dollars and will be opened in February, 2012.
This is the latest acquisition to his business empire; which comprises of aviation, insurance, oil and gas, media, banking.
Notable among his companies include; Nicon Insurance, Energy Bank, Air Nigeria, National Mirror newspaper, Newswatch magazine, amongst others.

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