Gist Coven

Jeff Bezos  During this past week --his first full week as the richest person in the world -- Amazon CEO Jeff Bezos sold one million of the company's shares, worth $1.1 billion, according to a filing with the Securities and Exchange Commission on Friday. After accounting for the stock sale and capital gains taxes, Bezos ended the day Friday with a net worth of $93.7 billion, $4.1 billion higher than Microsoft cofounder Bill Gates, now the second richest person in the world. It's the second time this year that Bezos has sold one million shares of Amazon. The first time was in May. This recent sale was $150 million more lucrative pre-tax than the first because Amazon's share price was 12% higher this go round. After paying capital gains taxes, Bezos will pocket an estimated $840 million from this week’s sale. At a space conference in April, Bezos explained that he was selling $1 billion of Amazon stock a year to finance his rocket company, Blue Origin. Bezos has no

Policemen saddled with the responsibility of impounding banned motorcycles in Calabar, Cross River State capital, on Friday embarked on free for all in front of the Governor’s office. DAILY POST reports that the men fought over who should take custody of some motorcycles impounded and brought to the former office of Emergency Response Center (ERC), located directly opposite the governor’s office. Two vehicles loaded with the impounded motorcycles arrived the ERC and stopped opposite the first gate of the governor’s office and after a lot of argument among the policemen, some of whom were hooded; they eventually drove into the ERC premises where the argument developed into a fisticuffs. Though, no dead was recorded, some however sustained injuries. It would be recalled that since former governor, Liyel Imoke stopped operations of motorcycle within Calabar metropolis, policemen from different stations have been going after the operators, pursuing them even to remote areas wher

  Nigeria singer, Aramide has revealed that the worst experience of her life was the day she lost respect for veteran musician, Onyeka Onwenu. While at NET TV, she shared the only meeting she has had with one of her childhood inspirations, Onyeka Onwenu. According to her, Sadly, the meeting did not go as planned as she was having none of it at all. The Elegant Stallion had opened a show for the legendary singer (Onyeka) and stuck around to take a photo. “I was still really new in the industry and I opened the stage for her, I got down and decided to take a picture with her, as soon as I got there she went off on me. “She said ‘Don’t touch me’. It was like the worst experience I have had in my life. Everyone was staring at me. I don’t think she knew I opened the show for her,” Aramide said. “I even knelt down to greet her, and she said okay come and take the picture. For a moment, I felt bad, but the good thing about that kind of situation is that it makes you work reall