Business

Nigerian couple in the UK sentenced for selling toxic skin-whitening products online

A Nigerian couple in the UK has been sentenced for selling illegal skin-whitening products online.   Jonathan and Holiness Ikpere have avoided jail after admitting selling the toxic products. They are thought to have earned hundreds of thousands of pounds from selling banned bleaching concoctions from their home in Towpath Mead, Southsea. They imported large quantities of cosmetics from countries in West Africa ...

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Kristalina Georgieva named as new head of IMF

Kristalina Georgieva has been named as the new managing director of the International Monetary Fund, after Christine Lagarde left to become the head of the European Central Bank (ECB).   The Bulgarian economist who was previously a chief executive of the World Bank, is now the first person from an emerging market economy to lead the Bretton Wood institution since its inception in 1944. ...

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Kanye West tops Jay-Z and Drake to become Forbes 2019 highest paid hip-hop act

Kanye West became Forbes’ highest paid hip-hop act for the first time in his career following the top 20 list for 2019 which was released on Thursday September 19.   The list which charted pre-tax income from June 2018 through June of this year, had Kanye West whose Yeezy brand is expected to hit $1.5 billion in sales this year coming out on top with $150 million ...

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Barcelona announce record income projection of over €1 billion

The Blaugrana have revealed that they are set to rake in a record haul during the 2019-20 campaign that will see them reach astronomical figures Barcelona are expecting to achieve a turnover of €1 billion (£0.9bn/$1.1bn) for the 2019-20 season, one year ahead of their projected internal targets, the club has announced. The Blaugrana, who are one of the most successful ...

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Manchester City Extends Partnership with PZ Cussons

Manchester City extends partnership with PZ Cussons’ soap brand, Premier Cool to be the Club’s Official Personal Care Partner Manchester City has extended its partnership with PZ Cussons’ soap brand, Premier Cool to be the Club’s Official Personal Care Partner in Nigeria. The announcement was made at an event in Nigeria during the Club’s global trophy tour.     Through ...

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Inter Milan outcast, Icardi joins PSG on loan

  Inter striker Mauro Icardi has joined Paris Saint-Germain on a loan for the duration of the 2019-20 season.   The loan reportedly includes an option for PSG to buy the 26-year-old Icardi for €65 million (£59m/$71m).   This season, PSG reportedly will pay Icardi €8m, with a €2m bonus should they activate the purchase option in the deal.   Inter also extended Icardi’s contract ...

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Here are the highest-paid football coaches of all time

Just as player wages have grown over the years, so too have those of the men in the dugout, with the leading managers now richly rewarded Coaching a world-class team is arguably one of the most difficult jobs in football – and it is certainly one of the most volatile. Such pressure is applied that managers can find themselves out ...

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9 Ways to Look Younger Without Surgery

  While plastic surgery is more popular than ever, going under the knife comes with considerable risks (and a hefty price tag) that make it undesirable for some. Luckily, it is possible to restore a youthful glow without surgery. According to The Allure, 56 percent of women are worried about the physical signs of aging. Fine lines, dark circles, age ...

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Viral app, FaceApp now owns access to over 150 Million people’s faces and names – Forbes

Viral app, FaceApp has been giving people the power to change their facial expressions, looks, and age but at the same time, people have been giving FaceApp the power to use their pictures and names for any purpose it wishes, for as long as it desires.   According to Forbes, ‘over 100,000 million people have downloaded the app from Google Play and FaceApp ...

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Barcelona complete €120m Griezmann signing

A protracted transfer saga has finally reached its end, with the World Cup winner swapping the Spanish capital for Catalunya Barcelona have officially announced the signing of Antoine Griezmann from Atletico Madrid, with the French forward putting pen-to-paper after the Blaugrana paid his full €120m (£107m/$134m) release clause. The former Real Sociedad forward and 2018 World Cup winner has signed at the Camp Nou for ...

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Madonna’s break-up letter from Tupac Shakur to be sold for $300,000

  Tupac Shakur’s revealing break-up letter to Madonna is finally hitting the auction block July 17. The pop icon waged a lengthy court battle, but the New York Supreme Court ultimately ruled that the three-page, hand-written letter now belongs to the auction company Gotta Have It! Collectibles. Madonna, 60, won a temporary block on the sale in July 2016 — arguing that her celebrity status ...

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Jay-Z joins cannabis company as ‘Chief Brand Strategist’

        JAY-Z has added another executive role to his list of business titles. Cannabis company Caliva announced the billionaire MC has joined its team and been appointed Chief Brand Strategist on Tuesday (July 9). “Anything I do, I want to do correctly and at the highest level,” Hov said in a press statement. “With all the potential in the cannabis industry, ...

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Kim Kardashian apologises and promises to rename her Kimono shapewear brand after receiving backlash

  Kim Kardashian is renaming her shapewear company after backlash for calling it ‘Kimono’. Last week, the 38-year-old launched a brand new shapewear company, which instantly had fans including Chrissy Teigen throwing their money at it. However, Kim naming her range of sucky-in knickers ‘Kimono’ was deemed cultural appropriation, thanks to her choosing the name of a traditional Japanese garment. ...

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Breaking: Jony Ive, Apple designer behind iPhone and iMac, to exit company after 30 years

Jony Ive, the chief architect of groundbreaking and distinctive designs from the iMac to the iPhone, announced on Thursday that he is leaving Apple after nearly 30 years. Ive’s departure, which was announced in an exclusive interview with the Financial Times, is sure to set off shock waves in the tech and design worlds, but the 52-year-old Briton will remain involved with Apple. ...

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Meet the Nigerian retired Army General who is now reportedly worth $1.2bn

  Meet the retired Nigerian Army General who is now reportedly worth $1.2bn . A retired Nigerian Army general and former minister of defense, Lt-Gen Theophilus Danjuma, is currently worth an estimated $1.2 billion, Bloomberg, a US-based media organization has said. . This amounts to N432 billion in the Nigerian currency as the media organization declares that the 80-year-old’s family ...

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Femi Otedola To Sell Forte Oil Shares, Exit Fuel Business​

Billionaire businessman, Femi Otedola has announced his exit from Forte Oil.   This comes months after he informed the public that he would sell his shares to Prudent Energy, a local oil trading firm.   Otedola, who was the Chairman and majority shareholder of Forte Oil Plc until recently, revealed on Instagram that he has sold his 75% stake in the oil ...

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Facebook to launch global ‘Libra’ cryptocurrency

  The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more e-commerce on its services and boost ads on its platforms. But the effort, which Facebook is launching with partners including PayPal, Uber, Spotify, Visa and Mastercard, could also complicate matters for the beleaguered social network. Facebook is currently ...

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Messi top list of World’s Highest Paid Athletes ahead of Ronaldo and Floyd Mayweather

Lionel Messi has been named the world’s highest paid athlete for the first time, up from second place last year, with $127 million in total earnings. Messi unseats Floyd Mayweather, who held the crown last year, and was the leader four times in seven years. Behind Messi is longtime rival Cristiano Ronaldo (No. 2), who earned $109 million between his salary and ...

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Peace Mass moves to Ikorodu Ultra Modern Depot

Peace Mass Transit (PMT) has a new ultra modern Depot at Ikorodu, Lagos State. The facility is already fully functional. The Ikorodu depot brings to 13, the number of PMT operational locations in Lagos State. The others include Ojuelegba, Jibowu, Oshodi, Ojota, Oyigbo, Ajegunle, Maza-Maza, Sango-Ota, Demorose, Orile-Iganmu, Ajah and Ejigbo. The Ikorodu Ultra Modern Depot, a typical PMT architectural ...

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Google blocks Huawei from accessing Android

  Google has blocked Huawei, the world’s second biggest smartphone maker, from some updates to the Android operating system. New designs of Huawei smartphones are set to lose access to some Google apps. However, phones users with the old Huawei phones will still be able to gain access to apps and make updates of apps already downloaded. The move comes after ...

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Distressed oil sector loans cause of Diamond Bank downfall

Diamond Bank was damaged by a distressed oil and gas portfolio of $1.8 billion (N302.6 billion) it has emerged. Here is how that happened and the reasons why the defunct Diamond Bank surrendered itself for a business combination deal with Access Bank Plc. The deal was consummated on April 1. How Diamond Bank was damaged by distressed oil sector loans According to ...

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Kim Kardashian makes $500,000 per Instagram ad post

New legal document reveals Kim Kardashian makes between $300,000 and $500,000 for each Instagram advertisement post.   A legal document obtained by TMZ reveals just how much power and influence can make you a lot of money on Instagram. Kim Kardashian filed a lawsuit against Missguided USA clothing company for using her image to sell their wears. According tot the ...

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Saudi Arabia Prince Gives Up On Bid To Buy Manchester United.

  Saudi Arabian Prince Mohammed Bin Salman has given up on buying Manchester United . The Saudi royal family wanted to tempt the Glazers into selling the Premier League giants with the promise of restoring the club to the top of European game. The Prince, whose family are worth in excess of £850bn, was tipped to make a stunning £3.8bn ...

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