‘Nigeria needs strategic coping mechanisms as global recession looms’
Though some initiatives are being undertaken by the Federal Government to mitigate the effect of the coronavirus pandemic on the…
Day: March 18, 2020
America could lose 1 million jobs in March, former Trump adviser warns
The United States could lose up to 1 million jobs in March because of the severe disruptions caused by the coronavirus…
Apple brings back ‘scissor’ keyboards in latest MacBook Air
Apple Inc (AAPL.O) launched an updated version of its MacBook Air on Wednesday, modifying keyboards on its laptop line that…
Boeing leads Wall Street slump as corporate damage grows
Wall Street’s main indexes sank again on Wednesday, as growing signs of coronavirus damage to corporate America overshadowed a burst…
BREAKING: FG Places Travel Ban on China, Italy, and Nine Other Countries
The countries are China, Italy, Iran, South Korea, Spain, Japan, France, Germany, Norway, the United States of America, the United Kingdom, Netherlands and Switzerland.
Wall Street’s New Virtual Workplace May Outlast the Virus
‘The outbreak has created the urgency to try out new ideas’ In Hong Kong, bankers have learned to win stock…
The Only Question on South African Rate Cut May Be ‘How Much?
The debate around South African interest rates has now moved from whether the central bank will cut, to how much…
How the Oil Crash Is Hitting Emerging-Market Currencies
Oil’s plunge has stung currencies across emerging markets, and there’s probably worse to come. For oil and gas exporters, the…
Inflation Hits 12.20 Percent In February 2020
Nigeria’s headline inflation has recorded yet another rise to 12.20 percent in February, from the 12.13 percent recorded in January the same year.
Reps condemn prepaid cable subscription, calls for ‘pay per view’ subscription plan
The Nigerian House of Representatives has said it would investigate satellite cable television service providers in Nigeria for refusing to adopt ‘pay per view’ subscription plan.
Adidas joins Nike in announcing store closures over coronavirus
German sportswear maker Adidas (ADSGn.DE) on Tuesday joined rivals in announcing store closures in response to the coronavirus pandemic.
Oil drops to $28, as dollar exchanges for N369
The price of Brent crude oil, the international benchmark, further declined on Tuesday, trading around $28 per barrel, it’s lowest…
Economic council meets Buhari, warns of another recession
The Presidential Advisory Council on Tuesday warned about dire economic consequences for Nigeria if the raging coronavirus infection was not contained as quickly as possible.
China to expel New York Times, Wall Street Journal and Washington Post reporters
China has announced it will expel journalists from three US media outlets, in a major escalation of tensions with Washington. The…
Spain unveils ‘unprecedented’ 200 billion euros coronavirus package
Spain announced a 200 billion euros ($220 billion) package on Tuesday to help companies and protect workers and other vulnerable…