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AGS Daily Juice

Elon Musk surpasses Bill Gates’ wealth, now worth $128 billion

Herconomy
Nov 24, 2020
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Business

Elon Musk surpasses Bill Gates’ wealth, now worth $128 billion

The founder of the most sought automaker company Elon Musk has just hit a new apex by surpassing Microsoft, founder, Bill Gates to become the world’s second-richest person. Data retrieved from the Bloomberg billionaire index shows the 49-year-old whiz entrepreneur net worth is now pegged at $128 billion, driven by yet another surge in Tesla’s share price. Read more

How we’re tackling recession – FG

The Federal Government on Monday explained some of the measures being adopted to help get the country out of its current economic recession. Minister of Finance, Budget and National Planning, Zainab Ahmed, outlined these measures while speaking at the 26th Nigerian Economic Summit. Read more

Reps demand N50bn airlines bailout, fear sector’s collapse

The House of Representatives has said Nigeria’s aviation sector needs about N50bn to cushion the effects of the COVID-19 pandemic while dismissing the N4bn proposed by the Federal Government as grossly inadequate. The House Committee on Aviation, which addressed journalists in Abuja on Monday, noted that other countries were providing bailouts to the aviation industry. Read more

Buhari: FG to exempt minimum wage earners from personal income tax over rising inflation

The proposal, which will be included in the 2020 finance bill, is expected to reduce the effect of inflation on low income earners in the country. On Saturday, Nigeria officially slid into its worst economic recession in over three decades. According to gross domestic product numbers released by the National Bureau of Statistics, the nation recorded a contraction of 3.62 percent in the third quarter of 2020. Read more

World Bank: Nigeria’s per capita income may hit lowest level since 1980

Speaking on Monday at the 26th summit of the Nigerian Economic Summit Group (NESG), Chauduri (pictured) said Nigeria was at a “critical juncture”, adding that the country was yet to recover from the oil price shock of 2014-2016 before the coronavirus outbreak. Per capita income (PCI) measures the average income earned per person in a given country in a specified year. It is calculated by dividing the country’s total income by its total population. Read more

Key government agency acknowledges Biden's win and begins formal transition

(CNN)The General Services Administration has informed President-elect Joe Biden that the Trump administration is ready to begin the formal transition process, according to a letter from Administrator Emily Murphy sent Monday afternoon and obtained by CNN. The letter is the first step the administration has taken to acknowledge President Donald Trump's defeat, more than two weeks after Biden was declared the winner in the election. Read more

Social

Toke Makinwa slams former presidential aide Reno Omokri for shaming divorcees

Media girl Toke Makinwa has slammed former presidential aide Remo Omokri for shaming divorced women. In a series of tweets posted via her Twitter page on Tuesday, November 24, 2020, the multi-talented media personality took a swipe at Omokri over his tweet. Read more

Comedian, Woli Agba Buys Brand New Car For Dele, Two Others

Popular Nigerian Comedian, Gospel Singer and founder of comic drama ministry, Instagram Page Movement (IPM) Ayo Ajewole, better known as Woli Agba, has purchased brand new cars for three of his crew members. The development was confirmed on an Instagram post by Woli Agba’s right man and ministry son, Mide Oladimeji popularly known as Dele Omo Woli Agba. Read more

Don Jazzy Makes Big Promise To 20 Fans Ahead Of 38th Birthday

Nigerian singer and record producer, Don Jazzy, has promised to randomly select 20 of his Twitter followers to have dinner with him at his 38th birthday. The Mavin Records boss revealed this on Monday, November 23, notifying his fans that only those using his bank will be selected. Read more

AGS Quote of the day

“Champions look at any loss or setback as a tool by which they can learn and motivate themselves to even greater levels of performance.” - Canaan Mash

About AGS Tribe

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The Platform has 3 focus areas which are:

  1. Promoting youth entrepreneurship as a tool to reduce youth unemployment and promote economic growth

  2. Women Empowerment through our AGS Impact Fund and AGS Enterprise Challenge

  3. Capacity building for entrepreneurs and nonprofits

Click on this link https://www.agstribe.org/community/to join our community of entrepreneurs and young professionals.

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