Tag - money

Top Black Billionaires in 2021

Black billionaires make up fewer than 1% of all billionaires worldwide. Who are the select few who made it into the ranks of the world’s richest people?In this graphic, we used the Forbes real-time billionaire list to highlight the most financially successful Black people, and the source(s) of their wealth.Black Billionaires, RankedThe data is...

BE READY TO BEAR HIGHER PETROL COST – FG TELL NIGERIANS

The Minister of State, Petroleum Resources, Chief Timipre Sylva has admonished Nigerians to be ready to bear the pains of increased petrol pump price as crude oil price climbs above $60 per barrel. Speaking at the official launch of Nigerian Upstream Cost Optimisation Program on Tuesday, Sylva said with no provision of...

Breaking Court finds Olisa Metuh, firm guilty of first count in N400m fraud trial

Justice Okon Abang of the Federal High Court, Abuja, has found a former National Publicity Secretary of the Peoples Democratic Party (PDP), Olisa Metuh, guilty on count one of the seven-count charge slammed against him by the federal government. The judge, in the judgment on Tuesday, agreed with prosecution counsel, Sylvanus Tahir that Metuh knew...

CBN: Banks no longer allowed to sack more than 5 staff without approval

Central Bank of Nigeria (CBN) has given a stern warning to all banks that they must seek its approval if they must sack more than five staff. This was stated in the communique released by the Bankers Committee after its meeting on Friday. The committee, in a circular signed by Director, Financial Markets Department, CBN,...

TETFUND: Nigerian Lecturers Spend Research Grants On Cars, Houses – Bakari

The Tertiary Education Trust Fund (TETFund) has accused lecturers across the country’s public tertiary institutions of diverting research grants to build homes, purchase cars, and engage in other frivolous activities. This is coming days after an allegation of personnel budget inflation levelled against some academic and healthcare institutions including the University of Ibadan, by the...

Catholic Priests Support Victims of Onitsha fire With 125 Million Naira.

Catholic priests of Onitsha archdiocese led by Father Ebube Muonso stormed Ochanja today with N25m & another N100m from Anambra government to console the affected victims of Onitsha fire incident.

“FACE OFF” – BlackFace Sue’s 2Face

Pop musician, Augustine Ahmedu, popularly known as Blackface, has filed a legal suit against colleague, 2face Idibia, for alleged song theft. Blackface claims to have co-written ‘African Queen’ with 2face who featured it in his debut solo album Face 2 Face in 2004. The duo have been in a long battle over who should have rights...

ALAS: Anthony Joshua worth £45m more than Mike Tyson

British boxer Anthony Joshua may have lost his heavy weight titles to Mexican Andy Ruiz, but the Nigerian born Pugilist is still swimming in money it has been revealed. The 30 year old who is currently shaping up ahead of his December re-match in Saudi Arabia, is thought to be worth £48m about N22billion. In comparison...

I Didn’t Steal A Dime From Nigeria — Diezani Alison

Mrs. Diezani Alison, former Nigeria Minister of Petroleum, has denied stealing a dime from Nigeria when she served the country under Goodluck Jonathan, ex Nigeria president. The former Minister has since said the claim by Nigeria anti graft agency, the Economic and Financial Crimes Commission (EFCC) and the All Progressives Congress (APC) that she stole...

FIRS GENERATED N4trn IN 9 MONTHS

The Federal Inland Revenue Service has generated a total of N4.01 trillion in the first nine months (January – September) of 2019. The FIRS Chairman, Babatunde Fowler, disclosed this during a meeting with the Senate Committee on Appropriations. The amount is N77.89 billion higher than the N3.94 trillion collected between January and September 2018, according to...