Business

Amazon chief executive and founder Jeff Bezos briefly lost his title as the world’s richest man on Thursday, October 24, after his ecommerce giant reported disappointing third-quarter earnings. Shares fell 7% in after-hours trading, pushing his fortune—mostly consisting of his nearly 12% Amazon stake—to $103.9 billion as of 8 P.M. …

President Muhammadu Buhari on Wednesday met his Russian counterpart, Vladimir Putin at the opening of the Russia-Africa Summit holding in Sochi, Russia. Photos from the opening session were shared by Bashir Ahmad, Buhari’s New Media aide via his verified Twitter handle. During the opening session of the summit, Putin said …

Dubai based Nigerian Big boy, Mompha who was arrested some days getting humiliated has been acquired. The commission had disclosed that Mompha, under the guise of handling a Bureau De Change, allegedly committed internet fraud and money laundering. It was also revealed that he admitted to being involved in two …

Billionaire business mogul and foremost industrialist, Femi Otedola, has announced that he is set to strike the biggest deal of his life. The billionaire made this known in an Instagram post on Thursday. The respected business mogul recently announced the sales of his stake in Forte Oil to pursue ”Power …

He was arrested last week on the last day of his trip to the United States for allegedly defrauding top American companies of huge sums. Notably, he allegedly scammed $12m from a steel company by hacking into an executive’s office365 account and sending an email with a fake invoice to …

Dr. Onyishi, who explained how he discovered the huge sum in his First Bank account, said that he had requested for $3m from the Central Bank of Nigeria, through the Unity Bank PLC, only to be paid $10m instead, which is about N3,219,500,000, representing an excess of N2,219,500,000.” He said …

According to the popular IHS Marketlist of the world’s top smartphone makers, Apple is the biggest loser during the second quarter of 2019. The USA tech company drops to 4th on the list as they could only ship out 35.3 million phones. Samsung leads the list with 75.1 million phones …

The Nigerian naira on Monday traded at N362.57 to the dollar at the parallel market in Lagos. Turnover at the window stood at 293.60 million dollars. The currency was N359 to dollar at the parallel market in Lagos, while it was exchanged at N445 and N397 to the pound sterling …

These are our top headlines from Nigerian Newspapers for Today, Monday, 3rd June 2019: Doyin Okupe, a former aide to former president Goodluck Jonathan has said that the immediate past governor of Lagos state, Akinwumi Ambode will still rule the state. According to the former presidential aide, Ambode who failed …

Good morning! Here’s today’s summary from Nigerian Newspapers 1. President Muhammadu Buhari, on Wednesday in Abuja directed all cabinet ministers to remain in office until May 28. The President, who gave the directive during the valedictory session of the Federal Executive Council (FEC) at the Presidential Villa, however, instructed them to …

Scheduled to hold at The Nigerian Canadian Association Community Hall. 3132 26 St NE, Calgary, Alberta Canada. October 10 – 17, 2019 View details https://www.africancanadianbizforum.com/speakers.html Executive Members of Arise O Nigeria are hereby invited for this international Conference in Canada tagged *”AFRICA MEETS THE WEST TRADE AND INVESTMENT CONFERENCE’* Organized …

The Senate Tuesday approved the sum of N8.916 trillion as the budget for the 2019 fiscal year.The amount passed by the apex legislative chamber is, however, N86 billion higher than the N8.83 trillion initially submitted to the National Assembly in December 2018 for approval by President Muhammadu Buhari.Details later…

Good morning! Here is today’s summary from Nigerian Newspapers 1. The Nigerian Senate on Wednesday passed the Police Reform Bill. The Bill will now be transmitted to the House of Representatives for concurrence. 2. The Olowo of Owo in Ondo State, Oba Folagbade Olateru Olagbegi, CFR, is dead. The monarch …

Alhaji Aliko DangoteSpeaking at the Mo Ibrahim governance weekend, in Abidjan Aliko Dangote, said farming is not a poor man’s business, you can actually get rich faster with farming.Speaking further he said to convince himself that he is rich he withdrew $10 million from a bank just to look at …

Access Bank Plc launch its new brand identity with 400 branches.This followed the successful merger between the bank and Diamond Bank.A statement from Access Bank disclosed that the new brand was unveiled in front of an elegantly-clad invited audience in Lagos last night.According to the bank, the merger created a …

More Nigerians in their millions have remained jobless, a new report by the National Bureau of Statistics have revealed. The National Bureau of Statistics have released its latest data which revealed that the number of unemployed Nigerians has risen to 20.9 million from 17.6 million. The report, which was released …

Access Bank has acquired Diamond Bank. Diamond Bank TSA transaction value hits 13.53trn in 2017 — CBN report LAGOS — Access Bank Plc has finally acquired Diamond Bank Plc. According to insiders, the official announcement of the transaction will be made in the course of the week by the Central …

My name is Alake David, CEO Lavdeck Photography Studios I shoot to make people smile not to kill Families need photographs to capture the special moments of their lives and if much time goes between photos, memories are lost, babies especially grows fast and parents need photos of them several …