Business - Forum

Elon Musk again overtakes Jeff Bezos to become world's richest man after gaining $10 billion in a day

Elon Musk bounced back strongly to become the world's richest man amid a daily gain of $9.81 billion. This is coming after Jeff Bezos took the position few days ago. This was made possible by... [Read more....]

Top 5 Richest Pastors in South Africa and their Net Worth

When we talk about the richest men in South Africa, what comes into our minds are the likes of Nicholas F. Oppenheimer, Johann Rupert, Koos Bekker. In the South African religious setting, we also... [Read more....]

Jeff Bezos overtakes Elon Musk again to become world's richest person

Amazon Boss, Jeff Bezos has reclaimed his title of world's richest person, ending Elon Musk's six-week reign on top of the list. Musk lost about $4.5 billion on Tuesday after Tesla (TSLA) shares fell... [Read more....]

Rich Mnisi's R60k Xibelani skirts are sold out

Rich Mnisi's R60k Xibelani skirt has been confirmed to be sold out on the website. The fashion designer broke the internet last-week upon unveiling his latest collections, which included the Tsonga... [Read more....]

Nigerian Government bans Cryptocurrency trading

Central Bank of Nigeria (CBN) announced on Friday, 5th of February, 2021, that cryptocurrency exchange is prohibited in the country. Financial institutions are also directed to shutdown accounts of... [Read more....]

Dangote Retains Position As Africa's Richest Person For Ninth Consecutive Year

Nigerian business mogul, Aliko Dangote has retained his position as the most wealthy person in Africa. This also make the  owner of the Dangote group of companies the richest black man in the world... [Read more....]

Prices Of Crude Oil Is On The Rise As Nations Begin To Ease COVID-19 Restrictions

Nations have started lifting lockdown restrictions and this has started impacting the price of crude oil positively. The coronavirus pandemic which made countries enforce lockdown restrictions, led... [Read more....]

British Airways To Sack 12,000 Employees Due To Coronavirus Crisis

The British Airways has announced plans to do away with a huge number of it's staffs as a result of COVID-19 crisis. The airline's parent company, IAG, said it had reduced passenger capacity for... [Read more....]

MMM announces final total shut down after Mavrodi’s death

Ponzi scheme, Mavrodi Mundial Moneybox (MMM), which collapsed over a year ago in some countries, particularly in Nigeria has finally shut down. Mavrodi launched his controversial scheme in 2011 and... [Read more....]

MMM Founder ‘Sergy Mavrodi’ dies of Heart Attack

MMM founder and Russian businessman Sergei Mavrodi, whose whose popular ponzi scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack, according to Russia... [Read more....]

Google To Ban All Crypto-Related Ads Starting June 2018

Google will ban all cryptocurrency-related advertising of all types in June 2018, according to a recent update to their Financial Services policy. The news of a crypto ad ban comes just days after... [Read more....]

Dangote donates N1.2bn Business School to Bayero Varsity

Africa’s Business mogul, Aliko Dangote, has donated an ultra-modern business school to the Bayero University, Kano. Named Dangote Business School, the businessman said the facility was worth... [Read more....]

‘Don’t Trade In Bitcoins, Crypto-Currencies’- NDIC Warns Nigerians

The Nigeria Deposit Insurance Corporation, NDIC, has warned Nigerians to avoid trading in bitcoins and crypto-currencies. It said that there was 100 percent risk involved, as they were neither... [Read more....]

Best Online Brokers for Stock Trading 2017

Picking an online broker for your stock trading account is a big decision. The one you choose will impact the investments available to you, the amount you'll pay to trade them and the way those... [Read more....]