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    Phones of Billionaires Dangote and Otedola Hacked in Ransom Plot

    Hackers have reportedly breached the phones of Aliko Dangote and Femi Otedola, raising concerns about the growing wave of high-level cyber intrusions targeting prominent Nigerians.

    The attack, which involved financial demands, has sparked serious alarm in the business community.

    Sources close to both businessmen confirmed that the attackers infiltrated their devices within the past week.

    While Femi Otedola’s phone was compromised once, Aliko Dangote, Africa’s richest man reportedly had his phone hacked twice in just two days.

    Although it remains unclear whether the two have regained full access to their phones, insiders say the hackers wasted no time before making demands.

    According to one source, the cybercriminals reached out directly and requested money from both men.

    Dangote and Otedola have enjoyed a strong friendship for years, a relationship they often describe as one built on brotherhood.

    Only recently, Otedola attended Dangote’s announcement of plans to expand the capacity of the Dangote Refinery from 650,000 barrels per day to 1.4 million barrels per day.

    At the time, Otedola praised Dangote, calling him “Africa’s pride” and highlighting how the businessman’s long-term investments will shape the continent’s future.

    He added that the refinery will soon be partly owned by Nigerians, describing the project as a legacy for generations to come.

    Otedola, best-selling author of Making It Big, also increased his stake in First HoldCo Plc weeks earlier with the purchase of over 64 million shares worth more than N2 billion, a move that further positioned him as one of Nigeria’s most influential investors.

    The hacking incident has triggered renewed discussions about digital security among Nigeria’s business elite, especially as cyberattacks continue to rise across the country.

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    Frank
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    Franklin Ugo Ndibe is a seasoned Nigerian journalist and media professional renowned for his incisive reporting and editorial leadership in the information and communications technology (ICT) sector.

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