Category: Business

Nigeria’s Billionaire businessmen Adenuga, Aliko, Elumelu, Rabiu attend business summit in France (photos)

Nigeria’s Billionaire businessmen Adenuga, Aliko, Elumelu, Rabiu attend business summit in France (photos)

Nigeria's business Gurus, Dr Mike Adenuga, Dr Tony Elumelu, Alhaji Aliko Dangote and Alhaji Abdulsamad Rabiu, are currently in Paris for the Choose France International Business Summit with World and Industry leaders. See more photos of the billionaire businessmans at the meeting below

Nigeria Aviation Minister “We are yet to resume Dubai flights because Emirates and other airlines gave us unacceptable conditions”

Nigeria Aviation Minister “We are yet to resume Dubai flights because Emirates and other airlines gave us unacceptable conditions”

Aviation Minister, Hadi Sirika has explained why the country is yet to resume flights to United Arab Emirates.  Speaking during the briefing by the Presidential Steering Committee on COVID-19, Hadi Sirika said Emirates and other airlines gave the federal government conditions that were not acceptable.  According to the Minister, Dubai authorities insisted that all passengers intending … Continue reading Nigeria Aviation Minister “We are yet to resume Dubai flights because Emirates and other airlines gave us unacceptable conditions”

North Korean leader new ’emaciated’ look leaves nation stunned amidst food shortages in his country (Photos)

North Korean leader new ’emaciated’ look leaves nation stunned amidst food shortages in his country (Photos)

North Korean leader, Kim Jong Un's apparent weight loss which has left him "looking emaciated" has left the nation heartbroken "so much" amid food shortages in the country,  according to state media reports. After watching video footage of the North Korean leader, an unidentified Pyongyang citizen was quoted as saying by state broadcaster KRT: “Seeing … Continue reading North Korean leader new ’emaciated’ look leaves nation stunned amidst food shortages in his country (Photos)

World stocks fall after Donald Trump bans U.S. transactions with WeChat and Tiktok

World stocks fall after Donald Trump bans U.S. transactions with WeChat and Tiktok

Amid increased tensions between the US and China, global stocks ended four days of gains on Friday after U.S. President Donald Trump ordered the banning of U.S. transactions with two popular Chinese apps, Tencent’s WeChat and ByteDance’s Tiktok. Tencent Holdings Ltd owns the popular WeChat app, while ByteDance is the owner of TikTok.The executive order … Continue reading World stocks fall after Donald Trump bans U.S. transactions with WeChat and Tiktok

Mexico’s Oaxaca state bans sale of junk food to children in a bid to curb obesity

Mexico’s Oaxaca state bans sale of junk food to children in a bid to curb obesity

The southern Mexican state of Oaxaca has banned the sale of sugary drinks and high-calorie snack foods to children in a bid to curb obesity in Mexico. Oaxaca’s Congress recently approved the measure, which aims to improve child health due to the high rates of diabetes and obesity in Mexico. “It’s important to finally put … Continue reading Mexico’s Oaxaca state bans sale of junk food to children in a bid to curb obesity

Facebook deletes Donald Trump’s post falsely claiming children are immune to Covid-19

Facebook deletes Donald Trump’s post falsely claiming children are immune to Covid-19

Facebook has deleted a post by Donald Trump for containing false claims about Covid-19.The post featured a link of a video of an interview the President granted Fox News on Wednesday morning,August 5, in which the president claimed children are ‘virtually immune’ to the virus."This video includes false claims that a group of people is … Continue reading Facebook deletes Donald Trump’s post falsely claiming children are immune to Covid-19

Nigeria will pay back loan from China in 20 years – Amaechi

Nigeria will pay back loan from China in 20 years – Amaechi

The Minister of Transportation, Rotimi Amaechi has disclosed that the loan the Nigerian government got from China for the rail projects across the country will be paid back within 20 years. In a statement released on Saturday August 1, the former Governor of Rivers state disclosed that China is the only country giving out loans … Continue reading Nigeria will pay back loan from China in 20 years – Amaechi

Update: Police arrest three people including a 17-year-old boy who ‘masterminded’ the massive Twitter hack of major public figures

Update: Police arrest three people including a 17-year-old boy who ‘masterminded’ the massive Twitter hack of major public figures

Police have arrested three people involved in the recent Twitter Bitcoin hack that targeted the accounts of major public figures including Elon Musk, Barack Obama, Bill Gates, Kanye West, Kim Kardashian, and many others. A British man and two Americans including a 17-year-old boy from Florida are all facing charges for scamming people across America. … Continue reading Update: Police arrest three people including a 17-year-old boy who ‘masterminded’ the massive Twitter hack of major public figures

Donald Trump says he will ban TikTok in United States today

Donald Trump says he will ban TikTok in United States today

President Donald Trump has revealed plans to ban TikTok app in the United States through executive authority today. "As far as TikTok is concerned, we're banning them from the United States," Trump told reporters while flying home from Florida on Friday evening, July 31. The president said he would sign something as soon as Saturday, … Continue reading Donald Trump says he will ban TikTok in United States today

Zimbabwe offers £2.7 billion compensation to 4,500 white farmers whose land was seized by Robert Mugabe

Zimbabwe offers £2.7 billion compensation to 4,500 white farmers whose land was seized by Robert Mugabe

The Zimbabwean government has signed an agreement with the country’s dispossessed commercial white farmers to compensate them with US$3.5 billion after their land was seized under Robert Mugabe's regime. Over 20 years ago, Robert Mugabe forcibly took more than 4,000 farms from the country's 4,500 white large-scale commercial farmers. He justified the land grabs as … Continue reading Zimbabwe offers £2.7 billion compensation to 4,500 white farmers whose land was seized by Robert Mugabe

MacKenzie Scott has donated $1.7 billion since divorcing Amazon CEO Jeff Bezos

MacKenzie Scott has donated $1.7 billion since divorcing Amazon CEO Jeff Bezos

American Novelist and philanthropist MacKenzie Scott, whose ex-husband is Amazon CEO Jeff Bezos, has donated $1.7 billion of her wealth to charity over the past year after pledging to give most of it away during her lifetime. According to Bloomberg Billionaire's Index, Scott who received a quarter of Bezos' Amazon shares in the couple's divorce currently … Continue reading MacKenzie Scott has donated $1.7 billion since divorcing Amazon CEO Jeff Bezos

China offers $1 billion loan to Latin America and the Caribbean for access to its COVID-19 vaccine

China offers $1 billion loan to Latin America and the Caribbean for access to its COVID-19 vaccine

China has announced a $1 billion loan to Latin America and the Caribbean for access to it's Covid-19 vaccine. The announcement was made during a virtual gathering between Chinese Foreign Minister Wang Yi and his Latin American counterparts on Thursday (Chinese time), according to a statement released by the Mexican Foreign Affairs Ministry. The virtual … Continue reading China offers $1 billion loan to Latin America and the Caribbean for access to its COVID-19 vaccine