130118

10% of Nigerians responsible for 26.59% of national income – NBS By Emmanuel Elebeke ABUJA – The National Bureau of Statistics, NBS says inequality in Nigeria worsened between 2004 and 2013 but improved in 2016. In a report released yesterday, the NBS said the inequality which was measured by …...

InterContinental Hotels Group Plc is withdrawing from Nigeria four years after it opened its first site in Africa’s most populous country following a disagreement with local partners over the terms of how to bring the property out of receivership. The U.K. company’s 358-room hotel in Lagos...

Manchester United will have to act if they want to sign Mesut Ozil after the Arsenal midfielder was finally offered a new contract at the Emirates, according to sources close to the player. Ozil currently earns around £154,000-a-week and while he would like a 30% wage hike and his favoured No.10...

Jean Catuffe/Getty Images Real Madrid are reportedly hopeful of clinching a deal to sign longtime target Neymar, who is said to have sent "encouraging messages" to Los Merengues, though a potential deal could cost as much as €400 million (£357 million). Jose Felix Diaz of Madrid-based newspaper...

The FC panel assess how the arrival of Virgil van Dijk and departure of Philippe Coutinho will affect Liverpool in the race for the top four. Alex Oxlade-Chamberlain is confident Liverpool are well-equipped for life without Philippe Coutinho, insisting it is “business as usual” … via SOCCER...

‘We’ll see’ – Wenger latest on Sanchez Manchester City are prepared to risk missing out on Alexis Sanchez – possibly to Manchester United – rather than pay Arsenal’s £35m asking price. It is also understood Sanchez’s agent wants £5m for his part in the deal, taking the overall tally to …...

Laurence D. Fink, the chief executive of BlackRock. The company, the world’s largest money manager, has been one of the main beneficiaries of the current bull market. Credit Mike Cohen for The New York Times BlackRock is now a $6 trillion firm. Continuing to cash in on … via NYT > Business...

Herby Duverné, 48, runs a $12 million security firm in Boston–but he began his career cleaning bathrooms in Port-au-Prince. While he acknowledges that his native Haiti has its issues, he would never go so far as to characterize the country as a “shithole.” The U.S. President appears to have just...

A lot of people using cooking gases can relate with the stress encountered when trying to get a refill. For some, it’s visiting the gas stations and being on (long) queues; while for others (like me), the thought of even carrying the weighty gas cylinder before and after filling — especially …...

Experts say the wellbeing or otherwise of the Nigerian economy in 2018 will be determined by the strength of its foreign reserves. They told MARK ITSIBOR that the FG must offload equity – ownership in some sectors to attract long-term foreign direct investment, going forward Reserves “The key...

Activities on the Nigerian Stock Exchange All-Share Index on Friday bowed to profit taking halting the six-day price rally with the All-Share Index dropping by 0.33 per cent. The News Agency of Nigeria (NAN) reports that the index lost 142.64 points or 0.33 per cent to close at 42,898.90 …...

Samsung Galaxy S9 Specs have leaked and we have them This page provides detailed info about Samsung Galaxy S9 specs, features and price. Samsung Mobile have said that the successor to Galaxy S8, Galaxy S9, will be announced at Mobile World Congress (MWC) in February 2018, but we have leaked...

How is the power and strength of a country estimated? By its wealth, and the strength of its industries. (yes, military strength is also a yardstick, but an economically weak country will havwe a weak military too.) Different industries have their … via Nigeria News today & Breaking news ▷...

The mounting pressure by Chinese authorities on the country’s cryptocurrency industry is forcing mining companies to look for alternatives, and Canada is one of the preferred hot spots. Bitmain Technologies, the operator of some of the largest mining farms in China, is among several companies...

In order to meet the growing interest in news globally, Opera Software has officially launched Opera News, a new AI-powered app which enables people to access their favorite news articles and hottest trending videos. It also serves as a powerful recommendation engine designed to keep you on top...

Shares of Facebook fell 4 percent on Friday after Chief Executive Mark Zuckerberg announced changes to the platform’s centerpiece News Feed that he said would hit user engagement in the near term. via TODAY.NG – http://ift.tt/2EBZxNp Get more: Nigeria Business News

Sen. Hadi Sirika, Minister of State for Aviation, on Friday said the Nigerian economy would retain over N20 billion annually through local C-Checks on Boeing 737-300, B737-400 and B737-500 aircrafts. Sirika said this in Lagos after a successfully conducted Boeing B737-500 C-Check in Nigeria...

Nigeria recorded a total of 140 million active voice subscriptions and 93.26 million active Internet subscriptions in the third quarter of 2017. via TODAY.NG – http://ift.tt/2EC9dYf Get more: Nigeria Business News

Photo: Getty Facebook CEO Mark Zuckerberg wants you to remember a time when you curated your list of favorite movies, showed off your new pair of shoes, shared some good news, and didn’t see using Facebook as a pseudo-masochistic act of poor impulse control. He wants you to forget the time …...