Business

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 ...

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 ...

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 ...

Empress Njamah has suffered a huge loss in her cat fish business. The actress announced the loss on IG, saying in her 8 years of farming, she has never experienced a thing like this before. She made the announced writing; ...

  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 ...

  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 ...

  This Louis Vuitton condom costs $60 (N25,000) per one. But truth is, you can’t find it in the stores yet, as it is hoped to be launched on World AIDS Day and proceeds donated to amfAR, The Foundation For ...

  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 ...

  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 ...

  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.   ...

  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 — ...

  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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

  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 ...

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 ...