Google hits $1 trillion share capital mark

Giant search engine, Google, on Thursday, January 16, joined the likes of Apple, Microsoft and Amazon as a $1 trillion company. The search engine company was able to record the milestone achievement after its parent company, Alphabet ended the day’s trading at $1,451.70 per share, up 0.87 percent. With Thursday’s achievement, Google became the fourth S&P 500 […]

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World-famous economist, Thomas Piketty releases 1,200-page new guide to abolishing billionaires

The world-famous economist Thomas Piketty published a new 1,200-page book on Thursday, September 12, that lays out a plan for getting rid of billionaires and reforming capitalism. The book is a follow-up to “Capital in the 21st Century,” which helped advance key debates surrounding income inequality. “The time has come to exit this phase of […]

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Amifeoluwa Yakubu wins ‘The Next Titan Nigeria, Season 6’, grabs N7 Million & brand new Ford Figo (Photos)

Amifeoluwa Yakubu, a 25-year old Garments Manufacturer has just emerged the winner of the Season Six of THE NEXT TITAN NIGERIA. AmifeOluwa goes away with Seven Million Naira cash and a brand-new car to support her business idea, Garms and Raiments, a brand that produces uniforms of all styles for schools, organizations and governments. Amife Yakubu, a graduate […]

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Grass-to-grace story of a poor school teacher, Jack Ma, who became 2nd richest man in Asia (Photos)

His real name is Ma Yun but better known as Jack Ma. The now billionaire co-founder of E-commerce giant, Alibaba came from a very poor home. He was born on the 10th of September 1964 in Hangzhou, China and struggled from a humble beginning to become one of the most richest and powerful men in […]

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Nigeria’s Giwa-Tubosun wins $250k Jack Ma’s Africa Netpreneur Prize

Nigerian businesswoman, Temie Giwa-Tubosun, founder and CEO, LifeBank has won the first place prize of $250,000 at the first Jack Ma Foundation annual Africa Netpreneur Prize Initiative (ANPI), which held in Accra, Ghana on Saturday night. Dr. Omar Sakr, founder and CEO, Nawah-Scientific placed second and won $150,000, while Christelle Kwizera, founder, Water Access Rwanda […]

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China’s second richest man arrives Nigeria for Digital Economy Summit, visits Osinbajo (Photos)

Jack Ma, China’s second richest man and founder of online e-commerce juggernaut, Alibaba has arrived in Nigeria to attend the first Nigeria Digital Economy Summit, holding in Abuja. His arrival in the country, along with a large delegation of Chinese businessmen has elicited a lot of interest among Nigerians, with the Chinese billionaire, worth close […]

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Nigeria’s Corporate Affairs Commission to deregister companies

Nigeria’s Corporate Affairs Commission (CAC) on Monday urged companies operating in the country to file in their annual returns as provided by the law or risk being de-listed from its register. Mr Moses Adaguusu, Head Public Affairs, CAC, told News Agency of Nigeria (NAN) in Abuja that the call became necessary in view of the […]

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Billionaire’s daughter, Bella Adenuga-Disu, opens Ikoyi high rise complex of 18 luxury apartment units (Photos)

Bella Disu, the daughter of Nigerian billionaire, Mike Adenuga, has just unveiled her new sprawling high-rise called ‘Sisi Paris’ (Named after her daughter, Paris). The property located on Bourdillon Road, Ikoyi, Lagos is a one of a kind high rise apartment complex with 18 Units of Luxury Serviced Apartments; 9Nos 3-bedroom apartments with a 2 Room BQ and […]

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$17 million fraud rocks Jumia as company battles with several US lawsuits -Nairametrics

Juliet Anammah, CEO, Jumia Jumia is currently involved in some issues which are threatening its corporate existence. The company is facing class-action lawsuits in the United States as a member of its staff engaged in fraud worth $17.5 million and the company’s financial report revealed that its loss grew by 59.2% in one year.  Jumia’s staff and some members of the Jumia Force (Jumia’s agents) were said to have inflated the volumes of […]

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VP Osinbajo’s daughter, Kiki Osinbajo shows off her business empire (Photos)

“People feel I don’t have to work because I was born with silver spoon. But how do I teach my kids how to work if I never worked a day in my life? How do I lead by example if I am not an example …..?” The 26-year-old entrepreneur and daughter of Nigeria’s Vice President, […]

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The world 26 top celebrities earning big from Instagram in 2019, and Nigerians among them (The list)

The 2019 world Instagram Rich List has just been revealed and Kylie Jenner has broken her own record with a staggeringly high estimated fee for every sponsored post. After dominating the list last year, Jenner has retained her crown among the world 26 top and increased her own Instagram post value. The list, compiled by […]

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Nigeria’s Naira appreciates marginally against the dollar

Nigeria’s Naira appreciated marginally against the dollar at the parallel market on Thursday, exchanging at N359 to the dollar. The naira was traded at the segment at N461 and N407 against the Pound Sterling and the Euro, respectively. At the Bureau De Change (BDC) window, the naira was sold at N360 to the dollar, while […]

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T.Y Danjuma now worth $1.2bn in asset, wealth – Bloomberg

US-based financial data media house, Bloomberg, has said that a Nigerian ex-Chief of Army Staff and former Minister of Defence, Lt. Gen Theophilus Yakubu Danjuma (retd.), is now worth an estimated $1.2bn (N432bn). Danjuma was allegedly mentioned in the Panama Papers in 2017 among prominent Nigerians that operated foreign accounts and had foreign companies while […]

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19-year-old girl brags for being a prostitute and her oral sex skills (Photos)

A young lady who started selling sex at the age of 17 has said there is nothing to be ashamed about her kind of job because some girls at her age have sex for free. 19-year-old Chloe who featured in tonight’s Sex Business: Teens Selling Sex on Channel 5, made claims that she can make up to £2,000 […]

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The business of crossing flooded roads in Lagos, Nigeria (Photos)

Talking about flood, it is something else in some parts of Lagos each time it rains heavily. This flood is very dirty. According to reports, the situation under the bridge at Trade Fair Complex, along Lagos-Badagry Express Road is so bad that some commuters now pay N100 to touts so as  to carry them on […]

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Germany Invests €2m in Nigeria’s Rice Production, Gates Foundation supports too

The German Government with support from the Bill and Mellinda Gates Foundation has provided €2 million for the implementation of the second phase of the Competitive African Rice Initiative (CARI) in the country The Programme Director of CARI, Mr Jean-Bernard Lalannehe, disclosed this to newsmen, in Abuja on Wednesday. Lalannehe said the second phase of […]

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POS and ATM transactions drop by N258 billion in Q1 of 2019 in Nigeria

The latest selected banking sector data released by the National Bureau of Statistics (NBS) shows that the total value of transactions for both Point of Sales (POS) and Automated Teller Machines (ATMs) during the first quarter (Q1) of 2019 declined by N258 billion. According to the Bureau’s report, the value of POS transactions for Q1 2019 was estimated […]

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The 10 key issues Buhari must confront in his second term

Nigeria’s President Muhammadu Buhari officially begins his second and final term on Wednesday following his re-election in February. Despite his large winning margin, the next four years won’t be easy for the 76-year-old former general. Here are some of the key issues he’ll face while at the helm of Africa’s biggest oil producer and most […]

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