Sanwo-Olu Orders Partial Closure of Banks In Lagos
Lagos State Government, on Tuesday, placed a partial closure on banking activities in the state as part of measures to…
Day: March 24, 2020
Akeredolu Orders Immediate Closure of All Markets And Malls In Ondo State
Gov. Oluwarotimi Akeredolu of Ondo State has ordered the immediate closure of all markets, malls, and shops in the state…
Aero Contractors suspends flight operations for 2 weeks
Aero Contractors Tuesday announced the suspension of its flight operations for 2 weeks with effect from Thursday, 26th March due…
Bundesliga Players Accept Pay Cuts
Footballers at Germany’s top teams including Bayern Munich have agreed to take pay cuts to help other clubs survive the…
Chevron CEO vows to avoid first dividend cut since Great Depression
Chevron is pulling out all the stops to cope with the historic collapse in oil prices. The oil giant is slashing spending, scaling…
Osun Government suspends weekly markets indefinitely, sensitises market women
The Osun Government has ordered the indefinite suspension of designated weekly markets across the state as part of measures to…
India Orders Complete Lockdown For Its 1.3bn Citizens
Prime Minister Narendra Modi on Tuesday ordered a “complete” lockdown for India’s 1.3 billion. Modi said the lockdown would start…
Apple To Open Some Stores In The First Half Of April
Apple Inc is expected to start re-opening some of its retail stores in the first half of April, according to…
Nike Rakes In $10.1bn In Quarterly Revenue, Beats Wall Street Estimates
Nike Inc (NKE.N) has beaten Wall Street estimates for quarterly revenue on Tuesday, powered mainly by demands in North America…
Dow Has Best Day Since 1933 as Congress Nears Deal on Aid
The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a…
Coronavirus: Lagos on ‘Lockdown’ From Thursday 26 March 2020
Lagos state government has ordered the closure of all banks, offices, markets and courts in the state effective from Thursday.…
Banks in the UK close branches
Scores of bank branches are closed and others have restricted opening hours as a result of the coronavirus crisis. Branches…
McDonald’s And Nando’s To Shut All Restaurants in the UK
McDonald’s(MCD) and Nando’s will close all their restaurants in the United Kingdom and Ireland starting Monday, including for takeout, to…
China Trying To Revive Economy After Shutdown
China is trying to jump-start its huge economy without triggering a second wave of coronavirus cases. It’s a high-stakes experiment…
IOC postpones 2020 Tokyo Olympic Games
The International Olympic Committee (IOC) has officially postponed the 2020 Tokyo Olympic Games after talks with Japanese Prime Minister, Shinzo…
Coronavirus: NPA, Shippers’ Council, And Lagos Courts On Lockdown
THE Nigerian Ports Authority, NPA, and the Nigerian Shippers Council, NSC, yesterday, shut down their administrative operations in Lagos State…
BREAKING: CBN Retains MPR At 13.5% To Allow ‘Interventions Play Out’
The monetary policy committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the monetary policy rate…
IMF predicts negative outlook for global growth in 2020
International Monetary Fund, IMF has projected a negative outlook in 2020 for global growth following the Coronavirus pandemic, COVID-19. It…
Russia Asks Citizens To Go Cashless To Curb Spread Of Coronavirus
Russia has urged consumers and businesses to use digital payments rather than cash in an effort to slow the spread…
Stock Market Loses N260bn
Transactions on the floor of the Nigerian Stock Exchange on Monday witnessed another drop in share prices as investors continue…
Coronavirus: Carmakers answer pleas to make medical supplies
Car firms are answering calls from governments to help make more ventilators and face masks to help out during the…
Coronavirus Shuts Down Buhari Govt, FEC, NEC Suspended
Coronavirus literally shut down the Nigerian Government on Monday with the suspension of the weekly federal executive council meeting. The…
Nigeria Makes Brutal Oil Price Cuts. But Has It Gone Low Enough
Nigeria opened a new front in the oil price war between some of the world’s largest OPEC+ countries, offering to…
Recoveries At 100,000; Wuhan To Lift Lockdown
China plans to lift lockdown measures in Wuhan, the city subjected to a mass quarantine since the start of the coronavirus outbreak.…
Stocks Climb From Lowest Since 2016; Dollar Drops
Bill Ackman, Pershing Square Capital Management founder and chief executive officer, says he is going all long on markets because the U.S. is getting to the right place on the coronavirus pandemic.