Business

Nairabet CEO, Akin Alabi is dishing out an advice again and it is about people being comfortable with poverty. According to Akin Alabi, any man or woman who is satisfied with your poverty and lack of ambition is a bad partner. He concluded ...

Nigeria’s Presidency has fired back at UK bank, HSBC for saying that the second term of President Muhammadu Buhari would stunt the economy.   According to the Presidency, the UK Bank, HSBC which soiled it hands with ‘‘millions of US dollars yet-to-be-recovered Abacha loot’, has no ...

A white woman who was spotted in a video lying to the police, has been fired from her job as a gate attendant after the video went viral.   The white woman who is a gate attendant at a park near Lake ...

A British multi-millionaire has been charged with fraud by false representation for allegedly faking a National Lottery ticket that handed him £2.5million nine years ago. Edward Putman, 53, from Kings Langley, Hertfordshire,  was investigated by the serious fraud squad for three years before ...

Bakers in Nigeria have decried the high cost of baking ingredients across the country and this according to the group, may push bread prices up.   The Premium Bread Makers Association of Nigeria gave this warning on Monday at a press briefing ...

Dangote Group has emerged winner of the 2018 prestigious Nigerian Risk Award (NRA) which recognizes organizations who have made measurable impact within their sector through the effective application of good governance, risk management and internal control systems and strategies. The award ...

Nigerian Afropop star Wizkid’s new creation Nike By Wizkid sold out in just 10 minutes of launch. The pop star joined forces with Nike Football for a limited edition of Starboy jerseys. The partnership is the first between the sports/active wear giant ...

For the N3 trillion Nigeria has received from China in the last four years, every Nigerian owes China N15,000 in debt. That’s just N3,000 short of minimum wage, Daily Trust reports. The debt comes from two huge tranches of aid from China: $3.1 billion ...

Richard Liu, the Chinese billionaire founder of JD.com, has been arrested in Minnesota after being implicated in a case of sexual misconduct. The chief executive of the e-commerce giant was arrested late on Friday and was freed Saturday afternoon, CNBC reports.   The company, ...

                              The government of President Cyril Ramaphosa was dealt a severe blow on Tuesday, as the economy of South Africa slipped into recession.   South Africa’s economy shrunk ...

A Nigeria man has revealed that he makes N180k monthly from charging phones for people in Lafia, Nasarawa state.   The middle-aged business man, Ibrahim Usman, who operates a telephone charging outfit in Lafia, says he makes N180,000 monthly on charging people’s phones ...

  Popular singer, Nick Jonas might be doing great, but his father Paul Jonas’ company just filed for bankruptcy. Priyanka Chopra may be on cloud nine after her engagement and roka ceremony with popular Hollywood singer/actor Nick Jonas, but here is some bad ...

  Executive Director of the Dangote Group, Hajiya Halima Aliko-Dangote has urged millennials in Nigeria and across Africa to diversify from service-oriented enterprises to manufacturing and agriculture in a bid to fast-track the development of the continent and better life for ...

  Federal High Court in Abuja has restricted MultiChoice Nigeria from implementing it’s recent increase in DSTV subscription rates. The Judge who gave the ruling, Justice Nnamdi Dimgba granted the injunction restricting the television company from implementing the new rates on Monday. ...

The Federal Government of Nigeria has inaugurated a new initiative to empower two million petty traders across the country between now and the end of the year.   The initiative called the Trader Moni is meant to further enlarge the ...

  Uganda is now formally engaging Tanzania to import natural gas that will be used as a reducing agent in the iron and steel industry. “We are discussing with Tanzania if we can make use of their gas,” Ms Irene ...

Apple’s iPhone X had a price tag of $999 (about N365,000) on launch day in November 2017 making it the most expensive version of the device ever manufactured. It was even more expensive outside the U.S. most of the time due to ...

Idris Elba could be set to take over from Daniel Craig as James Bond after producer Barbara Broccoli said “it’s time” for a black actor to step into the role. Craig has previously told of his hopes to go out ...

Linda Ikeji was today awarded an Honorary Doctorate degree by Trinity International University, Georgia. The Honorary Doctorate degree was presented to the LIB and LITV CEO in recognition of her work in media in Africa. See more photos below. Congratulations dear.

The Central Bank of Nigeria, CBN, has begun a process that would make the country’s lower currency denominations available to Nigerians. The Assistant Director, Currency Operations Department of the CBN, Mr. Benedict Maduagwu disclosed this said the apex bank has ...

The government is working on a plan to repatriate more than 80 Kenyans stranded in Qatar for lack of travel documents and air tickets after falling out with their employers. The Kenyans, most of them recruited by Mombasa-based travel agencies, ...

Sidonie Maboue pulled her hands out of the muddy water and sat down on a piece of fabric next to the bags of gravel that she and three of her 12 children filled that day. “This gravel will be crushed, ...

The families of more than 70 Kenyans stranded in Qatar because of lack of travel documents and air tickets to return home after falling out with their employers are now asking the government to facilitate their safe return. Mr Randani ...

Apple has become the first publicly traded company in the world to be valued at $1 trillion. The tech company’s stock jumped 2.8 percent to as high as $207.05 around midday today, bringing its gain to about 9 percent since Tuesday ...

A lucky discovery made nearly a decade ago just got even luckier for one German farmer. In 2009, archaeologists excavating a former Roman settlement on the man’s farm in Lahnau, Germany found a 2000-year-old bronzed horse head, and now Artnet ...