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Jim Ratcliffe may buy Chelsea

Britain’s richest billionaire may acquire Chelsea FC for N1.2 trillion

British billionaire, Sir Jim Ratcliffe, may succeed Roman Abramovich as Chelsea FC's owner. Ratcliffe had held talks over the potential takeover.
Indorama Ventures

After its latest acquisitions, Indorama is set to invest $5.5 billion

After its acquisition of PET plant in Egypt last year and in Nigeria this month, Indorama Ventures plans to invest $5.5 billion in its various ventures.
Jack Ma

This billionaire wants to reduce the number of hours people work

Chinese billionaire and co-founder of Alibaba Group, Jack Ma, believes it's about time people begin to work fewer hours.
A Look back at Jay Z's Road to Billionaire Status

A Look back at Jay Z’s Road to Billionaire Status

Rappers have always been "singers" of truth. Little wonder when Jay-Z rapped in one of his songs that "I'm not a businessman, I'm a business, man", one could not but believe it.
Lev Leviev

Why Court wants company owned by Israeli billionaire liquidated immediately

A court in Zambia has ordered the immediate and compulsory liquidation of Frango Finance Ltd, which is owned by Israeli diamond billionaire Lev Leviev.
Organisation of Petroleum Exporting Countries OPEC's cuts

America’s Trump is once again ‘messing’ with crude prices

Donald Trump called on OPEC to lower oil prices because the world cannot handle a hike.
MultiChoice, DStv

Naspers divests from MultiChoice

Naspers Limited is spinning off from MultiChoice, as part of a plan to refocus its business model as a global tech firm.
Canada Express Entry

Alert: Nigeria ranks 3rd in Canada Express Entry invitations ratings

Globally, Nigeria has just been ranked as the third country with the highest number of Express Entry invitations to Canada in 2018. According to the yearly report just released by the Canada Government, India is dominant, followed by China and then Nigeria.
Organisation of Petroleum Exporting Countries OPEC's cuts

Libya’s output could destabilise OPEC’s cuts and affect crude prices

The El Sharara Oil Field in Libya has recommenced operation after a three-month siege by militants shut down operations.
Emmanuel Macron, SMEs, Choose Africa, Startups Africa

President Macron launches €2.5bn initiative to support African SMEs

Through a new initiative called "Choose Africa", the French Government will contribute towards the development of the African continent.
Global Bank wants to cut 10,000 more jobs due to Brexit, low-interest rates 

HSBC to sack 10,000 more staff globally

HSBC Bank Plc has decided to kick an extra 10,000 staff members out of their jobs. 
A money laundering scandal has cost this CEO his job 

Money laundering scandal has cost this bank CEO his job 

Brian Hartzer, CEO of Westpac, has been asked to step down on December 2nd, 2019, over issues regarding a money-laundering scandal.
Canada

Canada invites 41,800 Permanent Residency Candidates in 6 months

The latest draw by the Canadian Government has taken the total number of Candidates invited to apply for the Canadian Permanent Residency to 41,800 in the first half of 2019.
Facebook unveils Libra, a new global digital currency

Facebook unveils Libra, a new global digital currency

The world's most dominant social networking company, Facebook, has announced that come 2020, it will be unveiling its own cryptocurrency known as Libra.
YouTube Boycott

Companies are pulling their ads from YouTube in a boycott

Companies are boycotting YouTube again after evidence shows that the video streaming site is facilitating the activities of a paedophiles.
Nigeria Crude Oil Prices, Nigeria wants international oil companies to pay up now , Trade conflict between United States, China continues to affect oil prices 

Oil Prices tumble to a 4 month low as U.S-China trade tension heightens

Several oil-rich nations (Nigeria inclusive) may face looming financial crises as Oil price declined to a 4-month low of $61.99 p/b on Friday, May 31, 2019. This low price was last recorded in February this year.
Boeing new flaw discovered on 737 Max plane, Honeywell International Inc, Boeing 737 Max order, Boeing 737 Max 8, Ethiopian Airlines crash, Lion Air crash, Airbus, The New York Times, Boeing Pilots, Countries ban Boeing, Air Peace crash, Business News Nairametrics, Ethiopian Airlines and Lion Air crash

Boeing expected to begin delivery of 737-Max models by H2 2019

Although the full report of the Ethiopian Airlines (@flyethiopian) crash is not expected until next year, there are indications that @Boeing will begin to receive orders and deliver the @Boeing 737-Max models before the end of 2019.
Canada

Canada resumes bi-weekly draws, invites 6,700 PR candidates in one month

The Canada government has resumed the bi-weekly Canadian Permanent Residency draws, as it invited 6,700 candidates to apply for Canadian permanent residence in just one month. 
Inside the world's largest $112.2 billion shipbuilding firm 

Inside the world’s largest $112.2 billion shipbuilding firm 

The world’s largest shipbuilding group, valued at the sum of $112.2 billion, has been inaugurated in China.
Saudi Aramco

Oil prices spike after Saudi Aramco facilities suffer drone attack

The facilities of Saudi Aramco suffered setback early Tuesday morning after explosive-laden drones attacked two pumping stations belonging to the state-owned oil company.
It would cost you N1.2 billion to have lunch with Warren Buffett

It would cost you N1.2 billion to have lunch with Warren Buffett

Ever wondered what it would be like to have lunch with Warren Buffett, the fourth-richest person in the world? That would make for a very exciting adventure, not to talk of the many business lessons you would surely learn while at it.
Qatar Airways back Boeing 737-Max 8, Qatar Airways Airbus, Ethiopian Airways crash, Lion Air crash, MCAS

Qatar Airways joins list of Boeing 737-Max 8 supporters

Qatar Airways had ordered 20 MAX jets and is committed to buying a further 40. It has taken delivery of five of the aircraft.
Libra

Facebook’s Co-founder revealed something about Libra that should interest Emefiele

One of Facebook Co-founders, Chris Hughes, has come out to sound the alarm over Facebook's new cryptocurrency Libra.
Australian dollar, Spelling error on Australian dollar, Reserve Bank of Australia

Spelling error adds 2.3bn worth of Australian dollars to history book

Australia has joined the league of countries with currency blunders after it was discovered that millions of currency notes printed by the country's central bank, Reserve Bank of Australia (@RBAInfo), carried a typographical error.
Ethiopian Airlines, Rivers seeks partnership with Ethiopian Airlines on flight operations 

Why Ethiopian Airlines is still sticking with Boeing

Ethiopian Airlines' CEO, Tewolde  GebreMariam, said the company will keep close ties with U.S. plane maker Boeing, despite a tragic crash just over two weeks ago.
Saudi Aramco

With $111.1bn profit, Saudi Aramco is World’s most profitable firm in 2018

According to credit ratings agencies, Saudi Aramco has outstripped Apple Inc., Alphabet, among others, to become the world's most profitable firm in 2018.

Richard Branson teaches best ways to become a good business leader

According to Richard Branson, the most important thing to do when running a company is to always bear in mind that a company is made up of a  group of people.
Indian Commissioner and NNPC GMD, Refineries, Turn Around Maintenance, Indian companies

Nigeria to handover TAM of refineries to Indian companies

The revitalisation of Nigeria's ailing refineries will be handled by Indian companies, the Nigerian National Petroleum Corporation (NNPC) made this known during a courtesy visit by a high profile member of the South Asian government.
As fears rise over the sustainability of America’s Social Security Fund...

As fears rise over the sustainability of America’s Social Security Fund…

The path to extinction seems to be the route on which the famous Social Security Trust Fund of America is on as at moment.
Jeff Bezos and wife Mackenzie divorce, Jeff Bezos Amazon shares, MacKenzie Amazon Shares, Lauren Sanchez, World Richest Man

Jeff Bezos and wife, MacKenzie, split Amazon shares as divorce nears end

The Founder and Chief Executive Officer of Amazon, Jeff Bezos, will retain his voting power in the company after reaching a divorce agreement with his wife, MacKenzie.