Business

  Kylie Jenner has agreed to sell a majority stake of her popular cosmetics line for $600 million.   The self-made Billionaire and reality star will sell 51% of her stake in Kylie Cosmetics to Coty Inc. (COTY), a New York-based cosmetics company that also owns a number of international consumer beauty brands, including CoverGirl. The partnership will help Kylie’s ...

Michael Jackson‘s flashy socks from the first time he busted out his iconic moonwalk are hitting the auction block, but if you want ’em … you’ll have to foot a HUGE bill. MJ’s stage-worn, custom crystal stockings — which he donned during his performance of “Billie Jean” in the 1983 TV special, “Motown 25: Yesterday, Today, Forever” — are expected ...

Internationally certified auctioneers have been invited by the Economic and Financial Crimes (EFCC) ahead of the planned auction of $40 million (about N14.4 billion) jewellery, recovered from a former Petroleum Resources Minister, Mrs Diezani Alison-Madueke.   Recall that in September 2019, a Federal High Court in Lagos granted EFCC’s application for final forfeiture of the jewellery reportedly worth $40 million seized from Diezani’s house. The trial ...

Forbes has ranked Jonathan Barnett, agent to Real Madrid winger Gareth Bale as the world’s most powerful sports agent with Cristiano Ronaldo’s agent Jorge Mendes and Paul Pogba’s agent Mino Raiola also making the top five.   Barnett, who also manages Atletico Madrid midfielder Saul Nigez owns the London based Stellar Group and has made over 99million pounds in commission ...

The Nigerian Customs Service has reacted to a traveler’s claim of being maltreated by its officers because of her tribe and gender.   In a statement released by Customs’ spokesperson Joseph Attah, the woman identified as Mrs. Udensi Adaeze Nwagboliwe who arrived the Nnamdi Azikiwe Airport onboard a British Airways Flight 083, was accused of buying a Louis Vuitton bag and shoe which ...

Fresh reports and data have confirmed that Cristiano Ronaldo apparently earns more from Instagram than he does from playing soccer for Juventus.   The 34-year-old pockets an annual $47.8 million from paid Instagram posts, according to a study by social media firm Hopper HQ on Buzz Bingo. In contrast, his salary at Juventus is reportedly $34 million, according to Goal.com.   ...

Zainab Ahmed, the Minister for Finance, Budget and National Planning, has said under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy will gulp N450 billion in 2020.   She stated this at the public presentation of the 2020 budget proposals in Abuja on Monday, October 14th saying, “we have a provision for under-recovery of PMS in the sum ...

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 ...

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. ...

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 ...

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 ...

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 ...

  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 ...

Ray J has just inked a lucrative deal to convince investors to bankroll legal marijuana startups.   According to a report by TMZ, Ray J will be making $1 million per year to get people to spend money on weed, as an executive for a cannabis crowdfunding company. Ray J signed on to become the chief strategic media officer for Fundanna and ...

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 ...

  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 ...

Linda Ikeji will be launching her ONLINE TV PLATFORM in the UK in few days time. www.lindaikeji.tv is launching on Monday July 22nd in the UK and it will be open to fans and supporters.   Announcing the UK launch, its founder Linda Ikeji said: “I’m launching www.lindaikeji.tv here in the UK. I’m hoping to launch in other cities of ...

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 ...

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 ...

  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 ...

        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, ...

  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. ...

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. ...

  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 ...

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 ...