Breaking: El-Rufai Tests Positive For Coronavirus
Governor of Kaduna state, Mallam Nasir El-Rufai has tested positive for Coronavirus. The former FCT Minister revealed this on his…
Day: March 28, 2020
Lyft Advices Drivers To Work For Amazon
Amazon is teaming up with Lyft Inc. on recruiting the ride-hailing company’s drivers to deliver packages and groceries as the…
WeWork Cuts Another 250 Jobs in Further Attempt to Trim Costs
continued to cut more staff as part of a months-long effort to lower expenses after its failed initial public offering…
Coronavirus: Virgin Atlantic to seek bailout in coming days
Virgin Atlantic is expected to ask for a government bailout worth hundreds of millions of pounds in the coming days,…
Dow Records Best Week since 1938 Despite Closing Lower
US stocks finished the session in the red on Friday, but that still managed to post on if it’s best…
Google is donating $800 million to help with the coronavirus crisis
Google is committing to donate more than $800 million to support businesses, organizations and healthcare workers as part of its…
Suspend VAT immediately, Tinubu tells FG
All Progressives Congress stalwart, and former Governor of Lagos State, Bola Tinubu, has asked the Federal Government to stop collection…
Global oil refiners shut down as coronavirus destroys demand
The first oil refinery shutdowns in India and Europe were announced on Friday while global refinery runs drop like a…
Fitch cuts UK credit rating to AA-
Agency says government borrowing levels are set to rise and outlook remains negative for Britain’s sovereign debt score The ratings…
Wall Street tumbles as U.S. virus cases pass 100,000
Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S. economy…
Africa: $100 Billion Needed. A Fraction Promised
Governments across sub-Saharan Africa have closed borders, canceled flights and told citizens to stay indoors to defeat the coronavirus. They’ve done little to protect their…
After More Than 25 Years South Africa Is Now Junk With Moody’s Too
South Africa has lost its Moody’s Investment Services investment-grade credit rating more than 25 years after it was first awarded…
The Fed Brings The Global Financial System Back From The Abyss
Sitting calmly in front of a bookshelf filled with thick volumes of the “Federal Reserve Bulletin,” Jerome Powell this week…
Nigeria Will Go Into Recession If COVID-19 Continues Beyond Six Months – Finance Minister
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has warned that Nigeria may go into recession if…