Category: Money & Finance

The world’s most Beautiful Restroom-Norway

Looks like in Norway,the idea of a public restroom is all about to change,as the Scandinavian country just opened up what is being called, “The World’s Most Beautiful Public Restroom.” And, well, it’s pretty cool looking. Set on the edge of a fjord in…

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Data Scandal: Facebook’s stock has plunged 18%, wiping out nearly $80 billion in market value

On Tuesday, Facebook shares fell by 5% following reports that CEO Mark Zuckerberg agreed to testify in front of Congress about the company’s data scandal. The crisis began on March 16 after Facebook said it was suspending data analysis company Cambridge Analytica for allegedly…

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 The World’s Youngest Billionaires in 2018 According to Forbes

For the third year in a row, the youngest billionaires in the world are Norwegian heiresses Alexandra and Katharina Andresen, who are 21 and 22 years old, respectively. The sisters’ father, Johan H. Andersen, transferred ownership of their family’s investment company, Ferd, to them…

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Dangote, Adenuga, Alakija… “Forbes’ 23 African Billionaires List”

The number of billionaires from the shores of Africa has risen to 23 in January 2018, and atop that list sits industrialist Aliko Dangote. 3 Nigerians feature in Forbes’ 23 African Billionaires list, Dangote retaining the throne for the 7th year in a row with…

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Digital in 2018: Africa’s internet users increase by 20%

An annual report released by global digital agencies, We Are Social and Hootsuite, reveals that Africa has seen the fastest growth rates in internet penetration, with the number of internet users across the continent increasing by more than 20% compared to 2017. The ‘Digital…

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Britain’s Export Finance Agency to add Nigeria’s Naira to British List of Currencies

  Britain’s Export Finance Agency will add the Naira to its list of “pre-approved currencies”, allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency. The Naira will become one of three West African currencies that UK Export Finance…

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The 709 carat diamond was bought by the king of diamonds

“King of Diamonds” buys “Peace” diamond Laurence Graff who has been nicknamed the “King of Diamonds” has an interesting history. He was born in 1938 in London’s East End to a Jewish family – a Russian father and a Romanian mother. At the age…

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