Shell Nigeria Gas, SNG, and the Oyo State Government have signed an agreement to develop a gas supply and distribution infrastructure that will deliver gas to industrial and commercial users in the state. A statement released on Friday by Shell Nigeria’s Media Relations Manager, Abimbola Essien-Nelson, disclosed that SNG will build and operate the gas…
Johann Rupert, the South African business mogul, has dethroned Nigerian Aliko Dangote to emerge as Africa’s wealthiest man. This is according to a list released by Forbes Magazine. Here is a list of Africa’s richest men including their rank, name and net worth. 1. Johann Rupert & Family $10.3 billion 2. Aliko Dangote $9.5 billion 3….
Johann Rupert, a South African billionaire businessman, has emerged as the richest man in Africa, displacing Aliko Dangote as the continent’s wealthiest, according to a list published by Forbes Magazine. Nigerian billionaires Rabiu Abdulsamad and Mike Adenuga have lost their spots in the billionaire rankings released by the financial magazine. In the list, the Forbes…
This comes after the CBN moves to clear some of it’s FX backlog. The Nigerian Naira appreciates against the United States American dollar, closing at 791.75/$ today at the official market. According to reports, the naira rose 5.87 per cent (N49.39) in today’s market, which is a significant change compared to the previous day’s rate…
Nigeria, often hailed as the Giant of Africa, is a land of immense opportunities for budding entrepreneurs. As we step into 2024, the economic landscape is evolving, presenting new avenues for business ventures. If you’re considering starting your own business in Nigeria, here are five lucrative opportunities to explore. 1. Tech Solutions for Agriculture: With…
The CBN governor also apologised to lawmakers for refusing to answer their previous summons. Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has assured Nigerians that commercial banks will still accept old naira notes from customers even after the February 10 deadline. Emefiele said this on Tuesday while appearing before the House of…
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic…
Elon Musk tops the list with $300 billion, $100 billion richer than his closest rival. Forbes has released its 2022 ranking of the richest billionaires in the world. Elon Musk tops the list with $300 billion, $100 billion richer than his closest rival. 1). Elon Musk 2). Jeff Bezos 3). Bernard Arnault & family 4). Bill…
Living in one of the poverty capitals of the world is bad enough. Therefore, getting defrauded while at it is a huge blow. Sadly, this pathetic history keeps reoccurring. The crashed Chinmark Group Ponzi Scheme is the latest Ponzi scheme that has ended in massive tears and the loss of life. Investors have lost millions…
Photos showing faces of agents representing some digital loan companies were released shortly after some of the companies operating in Ikeja, Lagos, were raided in a joint operation with the Federal Competition and Consumer Protection Commission (FCCPC) on Friday for a “possible violation” of consumer rights. Nigerians, who have awful experiences with these companies have…
The enraged man revealed that he hasn’t been able to find motivation since the incident occurred. A bitcoin trader has revealed his ordeal after his mother tossed away a broken Laptop containing cryptocurrency valued at $557 million (N234 billion). The anonymous man took to the social media platform Reddit to reveal this unfortunate incident. According…
The United Arab Emirates (UAE) has increased the number of flight slots given to Air Peace. Instead of the initial one flight per week, Air Peace has been permitted seven flights per week. Previously, the UAE restricted the flight of Air Peace to one per week. In response, the Nigerian federal government restricted the flights…
In less than two weeks of resuming flights to Nigeria, Emirates Airline has suspended flights from Dubai to Nigeria indefinitely. This suspension will take effect from Monday the 13th of December 2021. Emirates Airline will operate their last flights from Dubai to Lagos and Abuja on Sunday the 12th of December 2021. The Reason Behind…
Did you know excellence is not a gift, it’s a skill that requires practice? Well most of the great people you know, the likes of Albert Einstein did not just become great all of a sudden.They went through tough times and failed countless times, but you know one thing that got them to the top,…
Public Relations establish beneficial relationships between organisations and their target customers. However, there has been a shift in how brands establish this relationship. What is Influencer Marketing? Influencer marketing is a rapidly growing form of digital marketing. In Influencer marketing, individuals with large numbers of followers on social media influence for brands. Influencer marketers are…
According to a report by The PUNCH, the naira exchanged to the dollar at N504 at the parallel market on Friday, according to the Bureau de Change operators. It had earlier exchanged to the dollar at 500 in the previous week and at N490 a month earlier. According to naijabdcs.com, the Central Bank of Nigeria’s…
Jeff Bezos After leading Amazon to become a trillion-dollar company, the founder Jeff Bezos has stepped down as its Chief Executive Officer. He officially stepped down on Monday, July 5th, 2021. Andy Jassy who has been at Amazon for 24 years and is one of the highest-paid executives at the company, earning $36 million in 2016 alone…
When it comes to business we always talk about, profit, interests, customers, risks, plans, but we hardly ever mention hospitality, forgetting hospitality is very much important in business. What Is Hospitality In Business?H.I.B involves treating and attending to customers and clients, so they will continue using the business services. Why Is Hospitality In Business Important?Well,…
YouTube is currently the second most used search engine in the world. Whatever questions you may have, you can search for answers via YouTube. The answers and knowledge you can gather from YouTube are almost unlimited, making YouTube the new and coolest school ever. Discovery of just how much we can learn from YouTube is…
The CEO of Facebook, Mark Zuckerberg, announced on Monday, the 19th of April 2021, that the company is working on a project that imitates the spectacular application Clubhouse. Clubhouse made a serious wave this year as it allows users in a room to communicate in real-time. Most android users have felt left out as the…
