business
Business
British Airways record about €7.4B, the biggest loss in its history
The owner of British Airways, International Airlines Group, has announced the biggest annual loss in its history as the Covid pandemic closed borders and...
Business
Elon Musk surpasses Jeff Bezos by gaining almost $10 billion in a single day
Billionaire, Elon Musk bounced back strongly to become the world’s richest man after a daily gain of $9.81 billion on Wednesday, February 24.
Tesla, Musk's...
Business
The Central Bank of Nigeria is maintaining its stand on the ban on Cryptocurrency
The Central Bank of Nigeria is maintaining its stand on the ban on Cryptocurrency.
The governor of the apex bank, Godwin Emefiele, who appeared before...
Business
LVMH’s Moët Hennessy buys 50% of Armand de Brignac, Jay-Z’s brand
Jay-Z has sold 50% stake of his Champagne brand, Armand de Brignac, to luxury giant LVMH’s Moët Hennessy in a partnership deal.
The 51-year-old American...
Business
Jeff Bezos overtakes Elon Musk to become the world’s richest person again
Billionaire Amazon owner, 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...
Business
Nigeria’s inflation hits 16.47%, highest in 5 years
Nigeria’s consumer price index, (CPI) which measures inflation increased by 16.47% (year-on-year) in January 2021. This is 0.71% points higher than the rate recorded...
Business
‘Uber drivers are entitled to minimum wage and holiday pay’ – UK Supreme Court rules
The UK's Supreme Court on Friday February 19, ruled that cab hailing app, Uber drivers are workers and not self-employed and must be treated...
Business
Rihanna’s Savage x Fenty Lingerie brand is now worth a whopping $1 Billion
Rihanna's Savage x Fenty Lingerie brand is now worth a whopping $1 Billion.
The pop star launched the line in 2018 and it's one of...
Business
Mike Tyson and Evander Holyfield discuss over a £200m fight in Dubai
American boxing legends, Mike Tyson, 54, and Evander Holyfield, 58, are reportedly in talks over a £200million trilogy fight in Dubai.
This comes after Tyson...