BillionBill, Author at BillionBill

Elon Musk Tops Forbes List Of 400 Richest Americans

Elon Musk Tops Forbes List Of 400 Richest Americans Elon Musk has topped Forbes list of richest Americans, all thanks to SpaceX. Elon Musk, the 51-year-old Tesla TSLA, 1.21% executive who also wants to conquer the field of space exploration, was ranked No. 1 on the Forbes annual list of the 400 richest Americans. The publication said Musk was worth $251 billion, putting him way ahead of Amazon AMZN, -1.29% chief Jeff Bezos, who ranked second with $151 billion. Last year, Bezos claimed the top spot on the list with $201 billion and Musk came in second with…

Former Super Eagles Captain Mikel Obi Announces Retirement From Football

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Former Super Eagles Captain Mikel Obi Announces Retirement From Football Former Super Eagles captain Mikel Obi has officially announced his retirement from professional football. The 35-year-old made the announcement via his Instagram account on Tuesday. Mikel thanked everyone that contributed one way or the other to his largely successful football career. The former Super Eagles captain is widely seen as one of Africa’s most decorated football stars, having won several silverware for both club and country. At Chelsea Football club where he spent the better part of his career, Mikel…

NDLEA Sets Ablaze 1.8 tonnes Of Cocaine Worth N194 billion

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NDLEA Sets Ablaze 1.8 tonnes Of Cocaine Worth N194 billion The National Drug Law Enforcement Agency (NDLEA) has set ablaze 1.8 tonnes of cocaine recovered last week from a warehouse in Ikorodu area of Lagos State. The Chairman/Chief Executive of the anti-narcotics agency, Brig. Gen. Buba Marwa (rtd) during the burning of the illicit drugs, promised that tougher time awaits drug barons and cartels operating in the country if they fail to back out of their criminal trade and embrace legitimate ventures. According to a statement on Tuesday by the…

Lagos4ObiDatti: Everything To Know About Obi/Datti’s 4 million-man March In Lagos On Oct 1

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Everything To Know About Obi/Datti’s 4 million-man March In Lagos On Oct 1 Here is everything you need to know about Obi/Datti’s 4 million-man in Lagos organised by coalition of support groups, Lagos4ObiDatti, backing Peter Obi in 2023. Addressing newsmen in Lagos, the Lagos4ObiDatti Central Organizing Committee said the march will take place across three major locations on October 1, 2022. The group, however, denounced any attempt to link the Lagos Obidient Rally to the 2020 #EndSars Movement. Speaking at the press conference held at the National Art Theater Lagos, chairman of…

British Pound Crashes To Record Low As Government Cuts Taxes

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British Pound Crashes To Record Low As Government Cuts Taxes The British pound crashed to a record low against the United States’ dollar on Monday amid uncertainties over the finances of the British government. In early Asia and Australian trading on Monday morning, the pound fell close to $1.03 before regaining some ground to stand at about $1.07. The record low for the pound against the U.S. dollar was 37 years ago in February 1985 when one pound was worth $1.05, according to a CNN report. Analysts said that the crash…

Apple To Make iPhone 14 In India In Shift Away From China

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Apple To Make iPhone 14 In India In Shift Away From China Apple will manufacture its new flagship smartphone in India, the US tech giant said Monday, as it seeks to diversify production away from a dependence on China. The iPhone supply chain is based mainly in China but the country’s zero-Covid policies and tensions with the United States have hurt production, analysts say. “We’re excited to be manufacturing iPhone 14 in India,” Apple said in a brief statement. The California-based firm already makes older iPhone models in India via…

2023: INEC Unveils Rules For Hitch-free, Issues-based Campaigns

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2023: INEC Unveils Rules For Hitch-free, Issues-based Campaigns Ahead of the commencement of presidential campaigns tomorrow, a code of conduct guiding activities has been issued by the Independent National Electoral Commission (INEC). The Commission has warned that a political message or slogan must not be tainted with abusive language, directly or indirectly, likely to injure religious, ethnic, tribal or sectional feelings. INEC also said abusive, intemperate, slanderous or base language or innuendoes designed or likely to provoke violent reactions or emotions shall not be employed or used in political campaigns.…

SERAP Sues President Buhari, Malami For Failure To Publish Pact With U.S. Over $23 million Abacha Loot

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SERAP Sues President Buhari, Malami For Failure To Publish Pact With U.S. Over $23 million Abacha Loot Socio-Economic Rights and Accountability Project (SERAP) has sued President Muhammadu Buhari and Attorney General of the Federation and Minister of Justice, Abubakar Malami, at the Federal High Court, Abuja, for failure to publish copy and details of the agreement the Federal Government recently signed with the United States for repatriation of $23 million stolen by the late dictator, Sani Abacha. The United States government had, in August, signed an agreement with the Federal…

Global Fund Raises $14.25 billion To End HIV, TB and Malaria

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Global Fund Raises $14.25 billion To End HIV, TB and Malaria The Global Fund to Fight AIDS, Tuberculosis and Malaria raised $14.25 billion Wednesday at a donor conference led by US President Joe Biden, as decades of progress against the diseases are set back by Covid. It was the highest amount ever pledged for a multilateral health organization — but fell far short of the ambitious goal of $18 billion after the United Kingdom and Italy said their announcements would come later. The Global Fund was created in 2002, bringing…

Bank Of England Hikes Interest Rate Again As UK Enters Recession

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Bank Of England Hikes Interest Rate Again As UK Enters Recession The Bank of England hiked its interest rate again on Thursday to combat soaring inflation as it warned that the UK’s economy had already slipped into recession. The BoE’s decision caps a busy week for central banks as its peers in the United States and elsewhere in Europe further tightened their own monetary policies in global efforts to tame runaway inflation. The British central bank’s decision had been postponed from last week following the death of Queen Elizabeth II.…

Nigeria’s Next President To Inherit N60.9tr Debt, Other Liabilities In 2023

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Nigeria’s Next President To Inherit N60.9tr Debt, Other Liabilities In 2023 The next president of Nigeria in 2023 will inherit total debts and contingent liabilities that have hit N60.9 trillion even as the figure could balloon to N65 trillion before the end of the year, as President Muhammadu Buhari-led administration scrambles for any available funds to survive the current financial squeeze before its expiration in May, next year. According to GuardianNG, the figure does not include undocumented contingent liabilities to university lecturers, public school teachers and other public employees to…

2023: Peter Obi Promises To Set New Order For Nigeria’s Economy By Overhauling Security Architecture

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2023: Peter Obi Promises To Set New Order For Nigeria’s Economy By Overhauling Security Architecture Peter Obi the Labour Party (LP) Presidential flagbearer, has promised to set new order for Nigeria’s economy by overhauling the security architecture of the country if elected in 2023, saying his government would also revive trust between government and the people. Obi said this at the 2023 Lagos Chamber of Commerce and Industry (LCCI) Private Sector Economic Forum on the 2023 Presidential Election on Monday in Lagos. According to him, any government that takes over…