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Warren Buffett’s 90/10 Rule: A Simple Pathway To Great Wealth

Warren Buffett’s 90/10 Rule: A Simple Pathway To Great Wealth

November 7, 2025 10:23 pm

Warren Buffett’s 90/10 investing formula—90% in a low-cost S&P 500 fund and 10% in short-term bonds—offers simplicity, low fees, and steady long-term growth.

Warren Buffett’s “90/10 rule” has become one of the most discussed investment formulas among everyday investors—a strategy that combines simplicity, patience, and trust in the long-term strength of the U.S. economy.

The concept, outlined by Buffett in a 2013 letter to Berkshire Hathaway shareholders, is straightforward: allocate 90% of your investment portfolio to a low-cost S&P 500 index fund and the remaining 10% to short-term U.S. government bonds. Buffett’s rationale is that most individuals lack the …

Microsoft: Sends 60,000 Nvidia AI Chips To UAE Under US Deal

Microsoft: Sends 60,000 Nvidia AI Chips To UAE Under US Deal

November 3, 2025 6:54 pm

Microsoft secures approval to supply advanced Nvidia AI chips to the UAE, despite Trump asserting the US would restrict exports of cutting-edge technology abroad.

Microsoft will ship more than 60,000 of Nvidia’s most advanced artificial intelligence chips to the United Arab Emirates (UAE), under a US government-approved licensing agreement designed to balance national security with global tech collaboration.

The announcement comes shortly after President Donald Trump stated in a high-profile “60 Minutes” interview that the United States would not export the most sophisticated AI chips to other countries. “We will not let anybody have them other than the United

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Michael Jackson's $105m Named 2025's Top-Earning Late Celebrity

Michael Jackson: 2025 Top-Earning Late Celebrity, $105 Million

November 3, 2025 8:57 am

Pop legend, Michael Jackson leads Forbes’ list with $105 million in posthumous earnings, driven by streaming, music rights, and revived global interest.

Michael Jackson has once again claimed the title of the world’s highest-earning deceased celebrity, topping Forbes’ annual list for 2025 with an estimated $105 million in posthumous earnings. The figure underscores the enduring economic power of the “King of Pop,” more than 15 years after his death.

Forbes, which has been tracking the earnings of late celebrities for over two decades, reported that Jackson’s estate benefited from a combination of music royalties, licensing deals, and continued global interest …

Cluely Co-founder Lee Says Engineers Can’t Create Viral Success

Cluely Co-founder Lee: “Engineers Can’t Create Viral Success”

November 2, 2025 7:41 am

Chungin “Roy” Lee, cofounder of AI app Cluely, says most startups fail not from weak products but from poor visibility and lack of viral reach.

Co-founder and CEO of Cluely, an AI app once dubbed a “cheating tool” for job interviews, says most tech startups fail not because their products are bad but because their creators don’t know how to get noticed.

Speaking at “TechCrunch Disrupt 2025” on Wednesday October 29, 2025, Chungin “Roy” Lee argued that engineers, while skilled at building technology, often struggle to make content that resonates online. “Engineers just cannot make good content,” he said. “Every

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President Tinubu Inaugurates Africa’s Largest Fibre Optic Plant

President Tinubu Inaugurates Africa’s Largest Fiber Optic Plant

November 1, 2025 6:18 am

New Coleman factory in Ogun State marks a milestone for Nigeria’s industrial growth, boosting digital connectivity, jobs, and export capacity.

President Bola Ahmed Tinubu has hailed Coleman Technical Industries Limited for its contribution to Nigeria’s industrial and digital transformation as the company commissioned Africa’s largest fiber optic cable manufacturing plant in Sagamu, Ogun State.

Speaking at the ceremony on Wednesday October 29, 2025, President Tinubu — represented by the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole — described the project as a major step toward building Nigeria’s digital backbone and enhancing the nation’s competitiveness in the global economy.…

Buffett Invests $170 Million In Japan’s Mitsui And Mitsubishi

Buffett Invests $170 Million In Japan’s Mitsui And Mitsubishi

November 1, 2025 5:47 am

Berkshire Hathaway increases stakes in Mitsui and Mitsubishi, signaling Buffett’s long-term confidence in Japan’s trading giants and global partnerships.

Warren Buffett’s Berkshire Hathaway has expanded its holdings in two of Japan’s biggest trading houses, investing an estimated $170 million as part of a long-term strategy to strengthen ties with Japanese industry.

The purchases, made through Berkshire’s insurance arm, National Indemnity, increased the conglomerate’s stakes in Mitsui & Co. and Mitsubishi Corp. to about 10.1% and 10.2%, respectively. The transactions took place between March and September, based on filings in Japan and current exchange rates.

The move marks Buffett’s continued commitment

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Nvidia Invests $1 Billion For 2.9% Stake In Nokia Deal Boost

Nvidia Invests $1 Billion For 2.9% Stake In Nokia Deal Boost

November 1, 2025 4:30 am

Nvidia’s $1 Billion investment gives it a 2.9% stake in Nokia, strengthening a joint push into AI-driven 5G, 6G, and next-generation network technology.

Nvidia, the world’s most valuable chipmaker, has agreed to invest $1 billion in Nokia, acquiring a 2.9 percent equity stake as part of a deepening alliance aimed at advancing 5G, 6G, and artificial intelligence-powered network infrastructure.

The move expands an existing partnership between the two technology giants and underscores Nvidia’s growing influence beyond data centers and into telecom infrastructure. Under the deal, both companies will collaborate on developing advanced radio access network (RAN) systems and accelerating Nokia’s …

CBN Disburses $1.26 billion For Fuel Imports Amid Refinery Rift

CBN Disburses $1.26 Billion For Fuel Imports Amid Refinery Rift

October 30, 2025 3:55 am

Nigeria’s Central Bank released $1.26bn to oil marketers for fuel imports, highlighting competition between Dangote Refinery and independent importers.

The Central Bank of Nigeria (CBN) has released $1.26 billion to oil marketers for the importation of petroleum products in the first quarter of 2025, underscoring the country’s ongoing reliance on foreign fuel despite ramped-up output from the Dangote Petroleum Refinery.

Data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) show that between January and March 2025, the CBN disbursed funds to operators in three tranches — $457.83 million in January, $283.54 million in February, and $517.55 million …

Nigerian Court Orders MultiChoice To Pay N5m For Illegal Cut

Nigerian Court Orders MultiChoice To Pay N5m For Illegal Cut

October 30, 2025 3:38 am

Lagos High court has ordered MultiChoice Nigeria to compensate a DStv subscriber with N5 million for unlawful service disconnection, underscoring stronger consumer rights.

A Lagos State High Court has ordered MultiChoice Nigeria, the operator of DStv, to pay N5 million ($3,439) in damages to a subscriber whose television service was wrongfully disconnected despite evidence of valid payment.

The landmark ruling, delivered by Justice Razak Olukolu, directed MultiChoice to immediately restore the subscriber’s service and extend his viewing period to cover the days lost during the illegal disconnection.

The case was brought by Ben Onuora, a Lagos resident who provided proof …

Airtel Telecom Africa Half-Year Profit Surges To $376 Million

Airtel Telecom Africa Half-Year Profit Surges To $376 Million

October 29, 2025 2:17 pm

Telecom giant Airtel Africa posts a 375% profit jump and 26% revenue growth to $2.98 billion, fueled by data and mobile money expansion across key markets.

Airtel Africa Plc has posted a sharp rebound in earnings, reporting a profit after tax of $376 million for the half year ended on Tuesday September 30, 2025 — a 375 percent increase from $79 million recorded in the same period last year.

The telecoms group said on Tuesday October 28, 2025, that revenue rose 25.8 percent to $2.98 billion, up from $2.37 billion in 2024, driven by strong performances in Nigeria, East Africa, …

Amazon Apologises After Major ‘AWS’ Outage Disrupts Internet

Amazon Apologizes After Major ‘AWS’ Outage Disrupts Internet

October 28, 2025 3:55 pm

Amazon Web Services issued an apology after a massive outage in its North Virginia data center crippled major platforms including Reddit, Snapchat, and Lloyds Bank.

Amazon has apologized to millions of users worldwide after a major outage in its cloud computing arm, Amazon Web Services (AWS), caused widespread disruption to some of the internet’s biggest platforms.

The outage, which began in the early hours of Monday October 20, 2025, originated in AWS’s US-EAST-1 data center in North Virginia — one of the largest hubs powering global internet traffic. The disruption affected more than a thousand websites and online services, including

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Meta Inc: Lays Off 600 Staff In Artificial Intelligence Unit

Meta Firm Lays Off 600 Staff In Artificial Intelligence Unit

October 27, 2025 3:42 am

Tech giant Meta begins cutting 600 jobs in its AI division to boost efficiency after years of heavy recruitment and restructuring of its research operations.

Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, is laying off around 600 employees in its artificial intelligence division, according to multiple U.S. media reports published on Wednesday October 22, 2025.

The move is part of a broader restructuring effort aimed at improving efficiency within Meta’s expanding AI operations, following years of rapid hiring across its technology units. The Wall Street Journal and The New York Times both reported that the decision

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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