Xenophobia: Former President Obasanjo writes a letter to the founder of the Inkatha Freedom Party, in SA, Prince Mangosuthu Buthelezi

Former President, Olusegun Obasanjo has urged the African countries, whose citizens were affected by xenophobic attacks in South Africa to report to the African Union.       He also advised the affected countries including Nigeria to take other measures if the first option does not yield the desired results.     Obasanjo stated this[...]

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Court rescinds takeover order as Donald Duke pays AMCON N350m

A federal high court in Lagos has reversed its order for the Asset Management Corporation of Nigeria (AMCON) to take over the property of Donald Duke, former governor of Cross River state, over an alleged debt of N537,334,360.77. The court, in a judgement delivered on August 8, had also authorised AMCON and the United Bank for Africa (UBA) to[...]

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Warren Buffet received $160m for Q2 dividends from Coca Cola

Buffett began accumulating Coca-Cola shares for Berkshire Hathaway (NYSE: BRK.b) in 1987. He bought the largest chunk of Berkshire’s Coca-Cola investment in 1988 with a $1 billion purchase. Berkshire’s top 10 stock holdings (Coca-Cola is one) account for 80% of its stock-portfolio value. The top five holdings – Apple (NASDAQ: AAPL), Bank of America (NYSE: BAC), Wells Fargo (NYSE:[...]

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Breaking th glass ceiling: Christine Lagarde, steps down from IMF job, becomes the first woman to lead the European Central Bank

Earlier this month, representatives of 28 European countries picked Christine Lagarde as next president of the ECB. Lagarde was born in Paris and completed most of her studies in France. An attorney, Lagarde specialized in labor law, anti-trust law, and mergers & acquisitions. Most recently, she led the International Monetary Fund — the first woman[...]

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Apple reaches $1 trillion market cap again after iPhone launch

Apple reached a $1 trillion market cap on Wednesday, following its announcement Tuesday of a slew of new products, including the iPhone 11. Apple's share price was up more than 2% atthe close of trading on Wednesday, ending the day at $223.59. It's not the first time that Apple has had a market cap over $1 trillion. It[...]

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Apple cuts iPhone 11 prices

Apple unveiled its iPhone 11 models Tuesday with a price cut for the most basic models while also laying out plans for streaming and gaming services as it bids to weather the slump in the global smartphone market. Price appeared to be a key consideration as the tech giant reduced the entry level price for[...]

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First batch of 320 Nigerians to depart South Africa Wednesday – Envoy

The Consul General of Nigeria in Johannesburg, Godwin Adama, has said that the first batch of Nigerian returnees from South Africa would depart for Lagos on Wednesday. Adama told the News Agency of Nigeria in a telephone interview that the first batch of returnees are expected to depart South Africa by 9:00 a.m Wednesday. The consul general[...]

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Finally…. Saudi’s Aramco says it is proceeding on much awaited IPO

The Kingdom of Saudi Arabia has just put steam on its intention of diversification. The Kingdom plans to diversify from oil to other sectors having reaped all the benefits there is to real from the resource. Earlier today news broke that the Saudi energy giant Aramco is ready for a two-stage IPO but the timing[...]

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Kylie Jenner- Forbes Youngest Self Made Billionaire Entrepreneur breaks the Internet with a tease of the famous “Playboy” Collaboration (photo)

Earlier today Kylie Jenner- Youngest Self-made Forbes Billionaire entrepreneur took to her Instagram page to tease a "Playboy" collaboration. "Playboy" is an iconic gentleman magazine. It is known for its wild and bold photos. Originally owned by Hugh Hefner. Kylie's big sister Kim Kardashian got more famous as a playboy model - posing naked. Kylie[...]

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Nike leads again; creates shoes with laces you can control with Siri

Nike has announced Adapt Huarache shoes. They're a redesign of the original Nike Huarache launched in 1991 and use FitAdapt self-lacing technology similar to the Nike Adapt BB shoes that were announced in January. The Adapt Huaraches work with the Apple Watch and Siri, so you can ask Siri to control a motor inside to lace or unlace[...]

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