Somalia's first ATM machine opens in Mogadishu

Somalia’s first-ever cash withdrawal machine has been installed in the capital, Mogadishu. Some people are confused about how the machine works because they have never used one before, reports the BBC’s Mohamed Moalimu from the city. The machine, installed by Salaam Somali Bank in an upmarket hotel, allows customers to withdraw US dollars.

Photo: Waconzy poses with $100k (cash) in Hollywood

$227million Abacha loot recovered from Liechtenstein

 

On June 25th Nigeria will receive $227million from the government of the Principality of Liechtenstein, Europe, as the nation is said to have agreed to release the stolen money.

AFP reports that the federal government said Thursday June 19th that it dropped the charges against Mohammed in a deal to allow the return of the Liechtenstein money.

Video: The Hunt for Ephren Taylor - Using The Name Of God To Allegedly Steal Over $14 Million!

Dr. Dre Gives Waitress $5,000 Tip

Dr. Dre reportedly tipped a lucky waitress $5,000 at the Skybar in West Hollywood's Mondrian Hotel while hanging out on June 12. According to RadarOnline, he was flanked by security when he left the bar around 2 am. One eyewitness said the music mogul was happy to take photos with fans and also chatted with the deejay, Sanni Val Fleury from Immigre.

Clippers Sold To Former Microsoft Exec For $2 Billion?

Former Microsoft CEO Steve Ballmer has apparently won the bidding war Thursday for the Los Angeles Clippers with a staggering $2 billion offer for the NBA franchise, according to the L.A. Times.

The frenzied battle to get the team from Sterling drove the franchise’s price sky high for a team that Forbes estimated was worth at $575 million back in January.

Apple Brings Dr. Dre On Board With Official $3 Billion Beats Deal

After weeks of rumor, Apple finally announced it has acquired headphone maker Beats Electronic for $3 billion, including $2.6 billion cash up front and approximately $400 million in stock that will vest over time. As part of the deal, Beats co-founders Dr. Dre and Jimmy Iovine will join Apple AAPL -0.26% in undisclosed roles.

Video: Mayweather Buys 3rd Bugatti for $3m

The Money Team capo just purchased a new Bugatti Veyron, this time a one-of-one Limited Edition Grand Sport that cost him about $3 Mill.

Drogba donates €1m to mining disaster families

The Ivory Coast international striker, doing his part as a United Nations ambassador of goodwill, makes a generous donation in the wake of the recent tragedy in Turkey

Galatasaray attacker Didier Drogba has donated €1 million (£814,000) to the families of the victims of the mining disaster in Soma, Turkey.

Rapper Rick Ross on the run from a $200K lawsuit

A concert promoter is complaining to a federal judge that Rick Ross elaborately ducked court papers for six months in a blockbuster lawsuit against him.

Airport Cleaner Steals N252 Million From Passengers Luggage,Relocates To UK

Police detectives are now on the trail of a 26 year old airport cleaner, Chibuzor Onuegbe who allegedly smuggled N242 million out of the baggage store of the Murtala Muhammed International Airport (MMIA) undetected. He has since relocated to the United Kingdom.

Video: Dr. Dre's Son -- My Billionaire Dad's Not Sharing ... And I'm Cool With It

Dr. Dre's son is celebrating dad's multi-billion dollar Apple deal -- but adds he hasn't seem a DIME of Dre's fortune, doesn't expect to even now ... and he's not the least bit bitter.

Nigeria To Get $6 Billion Nuclear Plant

 

The Nigeria Atomic Energy Commission, NAEC disclosed yesterday that plans have been concluded to procure a $6 billion nuclear plant in 2022 to ensure stable power supply in the country for a period of 60 years.

Photos and Video: Billionaires James Packer and David Gyngel fight over Miranda Kerr

These extraordinary photographs show the moment two of Australia's richest men started brawling in the street after falling out when one of them left his wife and starting dating model Miranda Kerr.

James Packer and David Gyngell, both media moguls, have been friends since childhood, and Mr Gyngell was best man at Mr Packer's wedding to wife Erica.

Photos: Terry G shows off dollar bills on instagram

The craziest compensation claims in history

McDonalds

A US dating agency has had to pay unlucky in love Dan Horton £1,000 compensation after two years of “humiliating experiences” with “unsatisfactory” women.

But he isn't the first, and most certainly won't be the last person, to lodge a bizarre compo claim.

How do most Naija celebrities make their money?

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How do most Naija celebrities make their money? Majority live on the assumption that they are being paid a fortune for doing whatever they claim to do. Take Chika Ike for example, travels the world, expensive trips, lodge in expensive hotels, and shop like there's no tomorrow. Yet she claims she works hard for her money. The question here is how much does she get paid for her acting role? Another example from the music scene is the Limpopo croonner, Kcee. I'm a bit confused on how he can easily afford a Bentley. Is he getting that paid from singing? 

Many more examples to name a few. My thought anyway

Nigeria’s Richest Oil Blocks Owners Exposed: Names & Details

The oil block business is so lucrative that Danjuma’s Sapetro divested of its investment in Akpo condensate for $1billion dollars. The business is second to none in Nigeria. That is why any attempt to investigate the activities in this sector will always be futile. The money is so much that they give bribes in millions of dollars. A birthday gift or child naming gift from an oil block owner to a government official could be as paltry as $2million dollars, and if the official’s father died, the condolence gift could reach mere $3 million dollars.

Video: Floyd Mayweather times two girls as they race to count out $100,000 on his bed

Floyd Mayweather has provided a timely reminder of his wealth by getting two women to count out $100,000 in cash on his bed while he uses one of his expensive watches to see who can do it fastest.

Mayweather outpointed a game Marcos Maidana in Las Vegas to unify the welterweight division and remain unbeaten in 46 professional fights on Saturday night, and thought he'd celebrate by counting out his fortune.

Photos: Dr. Dre Buying Tom Brady's $50m Mansion

In late 2013 Tom Brady and wife Gisele finished construction on their $40 Million mansion in the Brentwood Country Estates in LA. Less than 6 months later, the celebrity couple is selling the immaculate mansion almost at cost to superstar producer Dr. Dre.