Government investment in the tech sector will end brain drain – Expert

A technology enthusiast, Roseline Ilori has urged the federal and state governments to invest massively in technology. llori said funding software development, robotics, artificial intelligence, bio-medicine, voice biometrics and other technology spectra would curb brain drain. A statement on Saturday by the Founder/CEO of Bridge57 Solutions Ltd said making tech a priority will check the … Continue reading Government investment in the tech sector will end brain drain – Expert

SCIL pays NGN50bn to acquire Polaris Bank

Strategic Capital Investment Limited (SCIL) has completed the acquisition of Polaris Bank Limited on an upfront payment of N50 billion to acquire 100 per cent of its equity. The bank also agreed to repay N1.305 trillion injected into it by the Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON). After … Continue reading SCIL pays NGN50bn to acquire Polaris Bank

PM Modi praises Indian banking sector for supporting good governance, improved service delivery

Emphasizing India's strides towards financial inclusion and digital economy, Prime Minister Narendra Modi on Sunday said the banking sector has become a vehicle for good governance and better service delivery in the country. With an aim to promote financial inclusion, Prime Minister Narendra Modi on Sunday dedicated 75 Digital Banking Units (DBUs) to the nation. … Continue reading PM Modi praises Indian banking sector for supporting good governance, improved service delivery

World’s richest man sued for alleged fraudulent purchase of Twitter shares

Twitter investor, Marc Rasella, has accused the SpaceX founder and the world’s richest man, Elon Musk of making him lose money through “misleading statements” about his purchase of a large stake in Twitter on Tuesday. The plaintiff, who seeks class action status for his case on behalf of investors who sold their Twitter stock between late March … Continue reading World’s richest man sued for alleged fraudulent purchase of Twitter shares

US Mortgage rates reaching highest levels since 2019

Mortgage rates kept surging this week, reaching their highest levels since before the pandemic. The average rate on 30-year mortgages climbed to 4.03 percent from 3.85 percent last week, according to Bankrate’s weekly survey of large lenders. man drawing schedule of business growth The Federal Reserve has signaled that a hike in interest rates is imminent, … Continue reading US Mortgage rates reaching highest levels since 2019

Would you buy this pizza for $500 million?

Back in May 22, 2010, Laszlo Hanyecz, one of the early adopters of Bitcoin, bought 2 pizzas from Papa John’s using 10,000 Bitcoins as payment. Photo by David McBee on Pexels.com During that time, the pizza was just worth a little over $40. And it took him around 3 days before he found someone who … Continue reading Would you buy this pizza for $500 million?

Power is Vital for Economic Development in Nigeria

Nigeria is undergoing economic recession. But despite the inspiring short and long-term economic forecasts, the nation has a number of power supply challenges, many of which can be solved with renewable energy. SASOL power Station in Secunda, Mpumalanga. PHOTO: ANTONIO MUCHAVE/16/04/2013/SOWETAN First among the sustainable energy options is hydropower. However, the major problem with hydropower … Continue reading Power is Vital for Economic Development in Nigeria

This Abrahimovich’s superyacht is the world’s most expensive

Images of the superyacht Chelsea owner Roman Abramovich is building have been revealed. The 500-million euro project will result in the world's most powerful yacht. Complete with a helipad and 48 cabins, the 460-foot yacht, known as 'Solaris', has been photographed by Carl Groll. https://www.instagram.com/p/CLfUeB-L6W3/?utm_source=ig_embed Although still to be water tested, the boat, which is being built in Germany, … Continue reading This Abrahimovich’s superyacht is the world’s most expensive

Juventus Chiellini

Chiellini: Why Juventus can win more trophies with Ronaldo and Sarri

Juventus made an incredible investment in Cristiano Ronaldo when they signed him from Real Madrid in 2018, yet Giorgio Chiellini believes it was a worthwhile move. He believes that Ronaldo is a player who can make the difference for the Bianconeri in the Champions League. "Cristiano Ronaldo is like a hyena on the pitch, you look at him and you realise he's different from … Continue reading Chiellini: Why Juventus can win more trophies with Ronaldo and Sarri

How to think and grow rich like Warren Buffet

  Warren Buffet is great with numbers, and I love math, too. But being good with numbers doesn’t necessarily correlate with being a good investor. Warren doesn’t outperform other investors because he computes odds better. That’s not it at all. Warren never makes an investment where the difference between doing it and not doing it … Continue reading How to think and grow rich like Warren Buffet

What I learned from billionaire investor Warren Buffet

Roger Lowenstein begins his new biography of Warren Buffett with a disclaimer. He reveals that he is a longtime investor in Berkshire Hathaway, the company that under Buffett’s guidance has seen its share price rise in 33 years from $7.60 to approximately $30,000. In reviewing Lowenstein’s book, it is very wise to begin with a disclaimer, too, … Continue reading What I learned from billionaire investor Warren Buffet

What every ‘smart’ banker craves to learn from Warren Buffet

  It’s reasonable to argue that the greatest banker in the United States today isn’t a banker at all—he’s an insurance guy. You might have heard of him. His name is Warren Buffett! As the chairman and CEO of Berkshire Hathaway, an insurance-focused conglomerate based in Omaha, Nebraska, Buffett oversees one of the largest portfolios of … Continue reading What every ‘smart’ banker craves to learn from Warren Buffet