Business

Africa ‘Will Define’ the Future of Bitcoin — Twitter CEO Jack Dorsey plans to move to Africa

Twitter chief Jack Dorsey said  that he plans to move to Africa for up to six months next year. The tech executive announced the planned move following a month-long trip visiting entrepreneurs on the continent. Dorsey, 43, has a reported net worth of $3.9 billion. “Sad to be leaving the continent…for now,” Dorsey tweeted Wednesday. “Africa will …

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Manchester City owner to sell a $500 million stake to private equity firm Silver Lake

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.   The deal values City Football Group at US$4.8B post-investment. Apart from its ownership of Manchester City, …

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Allen Onyema; AirPeace and Huawei Similarity by Stephen Akintayo.

Recently controversy has been going on about the CEO of Airpeace  Allen Onyema, after being indicted by the US govt in alleged bank Fraud. Here is what a facebook user by name Stephen Akintayo has to say about it………. Nigerians are like their Government, quick to praise you when you do things in their selfish …

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Air Peace: Fresh Facts Unfolds Regarding Aircraft Purchase

The controversy surrounding the Boss of Air Peace have taking another dimension Contrary to allegations that Chairman/Chief Executive Officer of thriving airline, Chief Allen Onyema, laundered money in the United States of America, fresh facts have emerged that the fund was used for purchase of aircrafts. Sources privy to the deal said the letter of …

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Kylie Jenner sells majority stake in her beauty company for $600 million

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 York-based cosmetics company that also owns a number of international consumer beauty brands, including CoverGirl. The partnership …

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McDonald’s CEO Fired Over “Consensual Relationship” With Employee

McDonald’s said Sunday that it had fired CEO Steve Easterbrook due to what the company described as a “recent consensual relationship with an employee” that violated company policy. The board voted Friday to oust Easterbrook after a review, concluding that he violated a policy against manager relationships with direct or indirect reports, according to the …

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California, New Jersey well represented on list of ‘miserable’ cities in America

Business Insider recently released its list of the 50 most miserable cities in America – with cities in California (10), New Jersey (9), and Florida (6), accounting for half the list. In compiling its rankings, Business Insider said it used U.S. Census information to analyze 1,000 U.S. cities on metrics such as crime, drug addiction, …

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Mark Zuckerberg on billionaires: ‘No one deserves to have that much money’

A software engineer employed by Facebook recently asked billionaire Mark Zuckerberg to comment on Democratic presidential candidate Senator Bernie Sanders’ position that billionaires should not exist   “It’s a good question ” Zuckerberg who is worth around $66.6billion said during a live Q&A session on his social media platform.   He then went on to answer …

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Nigeria’s domestic revenue among world’s lowest —Bill Gates

American business magnate, Bill Gates, has said Nigeria still has some of the smallest tax-to-GDP ratios anywhere in the world.   Speaking via a teleconference with select journalists, Gates said the government needs to gain credibility with the people to ensure more taxes are paid, and Nigeria can raise its revenue mobilisation to the same level as …

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‘The Lion King’ makes $1billion in three weeks

Disney’s ‘The Lion King’ has crossed the billion-dollar mark after less than 3 weeks in theaters. The live-action remake of the 1994 movie features Beyonce, Donald Glover and Chiwetel Ejiofor in lead roles. The movie joins ‘Avengers: Endgame’, ‘Captain Marvel’ and ‘Aladdin’ as the fourth Disney title to surpass one billion dollars in global ticket …

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