In Forbes' annual list of America's Richest Self-Made Women for 2019, Rihanna topped the list as the highest paid woman in the music industry, estimating her worth to be $600 million. The publication stated that good portion of Rihanna's wealth was acquired through her lucrative partnership with luxury good company, LVMH, with whom she launched … Continue reading Rihanna becomes world’s richest female musician
Over 4m people jobless in Kano – University Don
THE Dean of Dangote Business School, Bayero University Kano, Prof. Murtala Sagagi, says there are currently over four million jobless people in Kano due to poor development agenda of successive governments. The Dean disclosed this in a paper he presented at a forum organised by Kano Concerned Citizens Innitiative (KCCI) on Saturday in Kano.
Banks shut down in Ondo communities After Attack
Commercial banks in the four local governments, especially in Ikare-Akoko, were shut down. Many people, who came for transactions, returned home without achieving their aim. Efforts to speak with the Ikare Akoko Police Area Commander, Assistant Commissioner of Police (ACP) Razak Rauf, on this development, failed.
FG Seeks Investors for Aircraft Leasing
Nigeria plans to set up an aircraft leasing company to help domestic and African carriers obtain new planes and is seeking private partners for the venture, the government said on Monday. Most airlines in Nigeria want to expand their fleets, but high financing costs and currency risks have hampered growth. Nigerian airlines’ revenues are in naira, while most of their costs are in U.S. dollars.
Nigeria, UAE pledge closer cooperation as President Buhari meets Crown Prince of Abu Dhabi
Nigeria and United Arab Emirates (UAE) on Tuesday reaffirmed the need to work together to further consolidate on the strong relationship and mutual respect between the countries. Mr Femi Adesina, the Special Adviser to the President on Media and Publicity made this known in a statement in Abuja on Tuesday.
Google, UBA Collaborate To Provide Free Wi-Fi To Customers
United Bank for Africa (UBA) Plc has collaborated with Google and ISP partner to launch Google Station in 11 key UBA branches in Lagos State as part of plans to roll out 200 stations in the country. Google Station, a platform for providing free, high-speed Wi-Fi hotspots in public places, began in Lagos last year, and extended to Abuja in December in partnership with Backbone Connectivity Network.
Canada’s largest Crypto currency exchange founder dead locks $140m
Quadriga has filed for creditor protection and estimates that about C$180m ($137m; £105m) in cryptocurrency coins is missing. It has not been able to locate or secure its cryptocurrency reserves since Gerald Cotten died in December. Cotten, 30, had sole responsibility for handling the funds and coins. In court documents filed with the Nova Scotia Supreme Court on 31 January, his widow Jennifer Robertson, says the laptop on which Cotten "carried out the companies' business is encrypted and I do not know the password or recovery key".
Philippines’ Richest Man, Henry Sy, Dies At 94
Sy had topped the Philippine Rich List for eleven years in a row. His net worth was estimated at $19 billion at the time of his passing, making him the 53rd wealthiest person in the world. The 94-year-old former immigrant from China had built a vast business empire that spans retail, real estate and banking. Sy’s family-owned SM Investments is the holding company for SM Retail, the country’s largest chain of department stores and supermarkets, SM Prime, the country’s largest shopping mall operator, as well as BDO Unibank.
Nigeria’s Inflation rate increases in Dec 2018 —NBS
The National Bureau of Statistics, says the Consumer Price Index which measured inflation increased to 11.44 per cent (year-on-year) in December 2018 from 11.28 per cent recorded in November 2018. The NBS disclosed this in its “CPI and Inflation Report’’ for December released in Abuja on Wednesday on its website. The bureau said the figure was 0.16 per cent points higher than the rate recorded in November in the period under review.
China Is Set To Become The World’s Renewable Energy Superpower
The continuing growth in renewable energy around the world is set to boost the power of China while undermining the influence of major oil exporters such as Russia and Middle East states like Saudi Arabia, according to a new report on the geopolitical implications of the changing energy landscape. With a leading position in renewable energy output as well as in related technologies such as electric vehicles, Beijing now finds itself in an influential position which other countries may struggle to counter.
Are Russian Mercenaries Operating in Africa?
Russia's recent activities in Sudan and the Central African Republic have been the subject of intense speculation. That's because along with renewed economic ties, private Russian military contractors are reported to have been active in both countries. This is particularly sensitive in Sudan, where there have been widespread, often violent anti-government protests.
7 Ways to Generate Publicity Without Spending a Dime
Positive publicity is a powerful tool when operated correctly. That’s what I call public relations -- positive publicity. The term “PR” is so boring and antiquated. Many people don’t realize how powerful it is because they don’t seem to understand how it works. What I’m about to say flies in the face of what public relations insiders want entrepreneurs and business owners to think:
World Bank President steps down
Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post. His resignation will take effect from 1 February. Mr Kim, 59, was not due to leave until 2022, after he was re-elected for a second five-year term in 2017. He will "join a firm and focus on increasing infrastructure investments in developing countries", the World Bank said.