18-year-old leads Forbes’ 2021 list of world 10 youngest billionaires Austin Russell had dropped out of university in 2012 to set up his company, Luminar Technologies thanks to a $100,000 fellowship from a billionaire tech investor Peter Thiel. Now aged 26, he is one of the youngest billionaires in the world but not the first on the…
The Central Bank of Nigeria has explained why it banned cryptocurrency-related transactions in the country. The apex bank in a statement released on Sunday February 7, said cryptocurrencies have become well-suited for conducting many illegal activities including money laundering, terrorism financing, purchase of small arms and light weapons, and tax evasion. Daily Trust reported that CBN’s Acting Director of Corporate…
Many are doing these but they are not even aware: Here are 5 mistakes you might probably be making now that would keep you broke for life if you don’t stop. 1. Disgusting the rich: You cannot become what you disgust. If you accidentally get rich with this mindset; chances are you will in no time lose…
Naira strengthened against the U.S. dollar on Thursday at the Investors & Exporters (I&E) window of the foreign exchange market, data from the FMDQ Security Exchange where currencies are officially traded showed. At the Thursday trading session, Naira closed at N394.00. This represents N0.17 or 0.04 per cent increase over the rate at which it was traded…
The Central Bank of Nigeria has introduced a new set of initiatives to help Nigerians cope with the crippling economic effects of Covid-19. The CBN Governor, Mr Godwin Emefiele made this announcement at the recent quarterly Monetary Policy Review (MPR) meeting in Abuja. Part of the initiatives includes a N50Bn targeted loan facility for Nigerians who require…
Elon Musk surpasses Bill Gates to become the world’s second-richest person as Tesla’s market cap inches closer to $500 billion This is the second time in the history of the Bloomberg Billionaire Index that BillGates has ranked lower than number two. Gates has held the top position in the billionaire index before being leapfrogged by Amazon’s founder…
By Gabriel Ewepu Abuja — The Ministry of Mines and Steel Development, Thursday, debunked claims over the alleged sale of gold by the Governor of Zamfara State, Bello Matawalle, to the Central Bank of Nigeria, CBN. This was contained in a statement signed by the Head of Press and Public Relations, Ministry of Mines and Steel Development,…
This is an extremely interesting piece of information written some twenty years ago by Adam Khoo Yean Ann — One time, Singapore‘s Youngest Millionaire at 26. He is now 46 and has an estimated net worth of $250 Million. Some of you may already know that I travel around the region pretty frequently, having to visit…
