Nigerian Billionaire Unseats Oprah As Richest Black Woman

Despite falling oil prices, Nigerian Billionaire, Folorunsho Alakija has edged past Oprah Winfery as world’s richest Black Woman, with a fortune of $7.3bn. On the other hand, Oprah Winfrey is worth $2.9billion, according to Forbes.

According to Ventures Africa magazine’s Rich List, Alakija generated her wealth from oil and gas.

Another Missing Plane; AirAsia Flight 8501 Loses Contact

The search is on for AirAsia Flight 8501, which lost contact with air traffic control in Indonesia, the airline said Sunday.

Flight QZ 8501 from the Indonesian city of Surabaya to Singapore lost contact with air traffic control at 7:24 a.m. Sunday (7:24 p.m. Saturday ET), AirAsia said