Business

Social media shames ‘greedy, selfish’ price-gouging brothers for selling $1 hand sanitizer for up to $70 each before they were shut down by Amazon – leaving them with 17,700 bottles and nowhere to sell them

Two Tennessee brothers who bought 17,700 bottles of hand sanitizer and sold some of them for as much as $70 each to profit off the coronavirus outbreak say they have received death threats after being shamed on social media. Matt and Noah Colvin of Hixson, Tenneseee, drove 1,300 miles across the state and neighboring Kentucky earlier this month after the ...

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Naira crashes in value, dollar sells for N420

On Thursday, the naira exchanged between N405 and N420 to a dollar in the Bureau De Change segment of the market. The President, Association of Bureaux De Change Operators of Nigeria, Aminu Gwadabe, said the crude oil price which fell drastically in the international market to as low as $35 per barrel, raised speculations among the BDC operators and Nigerians ...

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Nigeria emerges Africa’s largest economy

South Africa, iis now confirmed as the continent’s second-largest economy. The answer to the question of whether South Africa or Nigeria, the two countries that account for almost half of sub-Saharan Africa’s gross domestic product, is the biggest economy on the continent has long depended on which exchange rate you use for the West African nation. But now both the ...

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Prince Harry and Meghan could earn £85k per Instagram post

Prince Harry and Meghan Markle could earn over £85,000 per post as part of their bid to become financially independent, boasting twice the earning power of Prince William and Kate Middleton, an expert has claimed. The Duke and Duchess of Sussex, who will officially complete their final official duties next month before stepping down as senior royals, could make a ...

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Private jet business booming over coronavirus fears

Wealthy travelers are clamoring to fly private jets amid the rapid spread of the highly contagious coronavirus, according to a report. Private jet operators have seen a recent boom in business since the late December outbreak of the virus in China. “While a large portion of the increase can be related to Chinese New Year travel, we also attribute the ...

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Olubadan now sells traditional title for N30m – Ibadan monarchs

The embattled members of the Olubadan-in-Council have taken the crisis rocking the Ibadan traditional institution to a new level as they launched fresh allegations against Olubadan of Ibadan, Oba Saliu Adetunji, on Sunday. In a four-page letter, a copy of which was made available to journalists in Ibadan on Sunday, the chiefs, who were promoted to obas by a former ...

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Jeff Bezos made another $13billion in just 15 minutes..

Jeff Bezos just added billions to his massive fortune — which is nothing new for him, but what’s new this time … it only took a few strokes of the clock to make that increase. Stock for the Amazon honcho’s company surged 12 percent in a matter of 15 minutes Thursday afternoon, which equaled an astounding 11-digit increase to his ...

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UI offers admission to 4,359 out of 19,482

The Senate of the University of Ibadan has approved the provisional offer of undergraduate admission to 4,359 candidates for the 2019/2020 academic session. The Vice-Chancellor, Prof. Idowu Olayinka, who presided over the emergency Senate meeting, said that out of this figure, 4,100 had been processed through JAMB while about 3, 709 had paid the acceptance fee for admission. The News ...

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Jeff Bezos’ girlfriend disclosed their affair in texts to her brother who sold them for $200k

Federal prosecutors in Manhattan have evidence that the brother of Jeff Bezos’ girlfriend provided his intimate text messages to her sibling, who sold them to the National Enquirer, according to a new report. Prosecutors have obtained documents including a May 10, 2018 text message sent from the phone of Bezos’ girlfriend Lauren Sanchez to her brother Michael Sanchez, containing her ...

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I don’t compromise with my work –Kunle Afolayan

It is obvious that actor and filmmaker, Kunle Afolayan, always strives to be different in his career. Over the years, the singer has featured some ‘non-actors’, including Chidinma Ekile, Simi and more recently, Temi Otedola, in his movies. In a chat with Saturday Beats, the actor maintained that the only consideration that influenced the choice of cast for his movies ...

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Electricity companies begin mass disconnection in four states over N166bn debt

The Port Harcourt Electricity Distribution Company says it has commenced mass disconnection of defaulting customers in the four states it operates. The states are Akwa Ibom, Bayelsa, Cross River, and Rivers states. The Manager, Corporate Communications, PHED, Mr John Onyi confirmed this in Port Harcourt on Friday in an interview with the News Agency of Nigeria. He said the exercise, ...

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Aliko Dangote reignites interest to buy Arsenal Football Club

Nigerian business magnate Aliko Dangote has once again declared his intention to buy Arsenal Football Club… in 2021. Dangote, Africa’s richest man, has previously made a number of statements about his desire to purchase the Gunners. During the last five years, the 62 year-old has made separate claims, on no less than five occasions, about his want to lead an ...

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Steve McQueen’s 1968 Ford Mustang sells for $3.4m

The 1968 Ford Mustang GT that Steve McQueen drove in the classic car chase from the movie “Bullitt, one of the most famed cars from American cinema, sold for a record $3.4 million at auction in Florida on Friday, Mecum Auctions said. It was the highest price ever paid for a Ford Mustang at auction, according to David Morton, marketing ...

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China to cut import tariffs on pork and tech parts

  China will cut tariffs on hundreds of products ranging from frozen pork to high-tech parts next year, lowering trade barriers to support the economy. In a statement, Chinese authorities said import tariffs on 859 items would be reduced from 1 January. The world’s second largest economy has typically used high tariffs to protect local industries. China is fighting a ...

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Fayemi urges FG to ban imported ‘Aso-Oke’ fabric

  The wife of Ekiti State governor, Bisi Fayemi, has urged the Federal Government to ban imported ‘Aso-Oke’ fabric and revive the nation’s textile industry to boost sustainable economic growth. ‘Aso Oke’ is a hand-woven cloth created by the Yoruba people, which means “top cloth” in the English language, denoting cloth of high status. However, Fayemi made the call to ...

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The Holiday AEDIT: 30 Beauty & Wellness Gifts For Her

  It’s that time of year again! From hostess gifts and Secret Santas to all the friends and family members in your holiday gift exchange, the most wonderful time of the year and quickly become the most stressful if you don’t know where to shop or what to get. Fortunately, The AEDITION is here to help. Looking for something for ...

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Zlatan Ibrahimovic becomes a co-owner of football club Hammarby

  Former Manchester United and AC Milan striker, Zlatan Ibrahimovic has been announced a co-owner of Swedish football club, Hammarby.   The Swedish legend first posted a picture of a Hammarby shirt to his Instagram account on Tuesday, prompting speculation that he may seal a move to the club as a free agent after leaving LA Galaxy recently. But it was ...

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Manchester City owner, Sheikh Zayed Al Nahyan sells 10% of his shares in the club for $500 million

  Sheikh Mansour bin Zayed Al Nahyan, owner of English Premier League champions, Manchester City and City Football Group, has sold about 10 per cent of the shares to Silver Lake, a private equity investor for about $500 million.   The deal values City Football Group at US$4.8B post-investment. Apart from its ownership of Manchester City, CFG is the owner ...

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Difference Between Men’s And Women’s Skincare

  We’ve all seen the products emblazoned with the words ‘for men,’ but is there really a difference between men’s and women’s skincare? The AEDITION investigates.   We all know about the pink tax when it comes to razors — and that cringeworthy “for her” pink pen campaign several years ago also comes to mind. The way women are marketed ...

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