Breaking World Coronavirus: UK Death Toll Jumps To More Than 100 In Largest Single Day Rise March 26, 2020 Ekemini The number of people to have died across the UK after contracting the Covid-19 coronavirus has increased to 104, health officials have confirmed. A further 32 people in England have…
Business Features Local Oil Price May Fall To $10 A Barrel As World Runs Out Of Storage Space March 26, 2020 Ekemini The world may soon run out of space to store its extra oil as Saudi Arabia prepares to increase its fossil fuel production even as global demand for energy continues…
Africa Banking Business World Coronavirus: IMF, World Bank Suspend Debt Payments By Nigeria, Others March 26, 2020 Ekemini The International Monetary Fund and World Bank on Wednesday announced a hold on debt payments from Nigeria and other sub-Saharan Africa nations so that they can battle the coronavirus pandemic.…
Local Coronavirus: UBA Donates 5bn To Fight The Epidemic March 26, 2020 Ekemini United Bank for Africa Plc (UBA) has donated over N5bn ($14 million) through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global…
World Breaking: US charges Venezuela’s President, Maduro with narco-terrorism March 26, 2020 Ekemini The US has charged Venezuela’s President Nicolás Maduro and other senior officials in the country with drug trafficking crimes. The move, which will increase tensions between the two nations, was…
Local NNPC spent N218.18bn on ailing refineries in 2019 March 26, 2020 Ekemini Nigeria’s refineries under the management of the Nigerian National Petroleum Corporation incurred a total expense of N218.18bn in 2019. The refineries, namely Kaduna Refining and Petrochemical Company, Port Harcourt Refining…
World Coronavirus: A Record 3.28million Americans File For Unemployment Benefits March 26, 2020 Ekemini A record number of Americans filed for their first week of unemployment benefits last week, as businesses shut down to slow the spread of the coronavirus. Initial jobless claims soared…
Africa Coronavirus: Kenya Bans The Importation Of Second-hand Clothes March 26, 2020 Ekemini Kenya has banned the importation of second-hand clothes, popularly known as “mitumba”, as a way of limiting the spread of coronavirus. “Importation of used clothes is suspended with immediate effect…
Local Czech breweries turn to bottles and cans as pubs close March 26, 2020 Ekemini Czech breweries — including Pilsner Urquell and Budejovicky Budvar — have stopped refilling kegs and started storing their beer in cooled cellars as they seek to limit damage from pub…
Business Drugmakers Mylan And Pfizer Delay Merger Due To Coronovirus Outbreak March 26, 2020 Ekemini Drugmaker Mylan NV’s (MYL.O) merger with Pfizer Inc’s (PFE.N) off-patent branded drug unit, Upjohn, will now close in the second half of this year, the companies said on Thursday, blaming…
World Trump Wants To Reopen The American Economy By Easter March 26, 2020 Ekemini The president, who is concerned about the economic repercussions of an extended shutdown of nonessential business, said in a television interview on Tuesday that he wanted to see businesses returning…
Local Lagos State To Disinfect Bus stops, Motor Parks And Public Spaces March 26, 2020 Ekemini The Lagos State Government has commenced the disinfection of public spaces, like motor parks, bus stops, in a bid to curb the spread of the coronavirus. New media aide of…
Local FG To Ban Inter-state Travel March 26, 2020 Ekemini The Federal Government has announced plans to ban inter-state travel and also close down motor parks as part of measures to curb the spread of the Coronavirus in the country.…
Business World Worldwide Smartphone Sales Dropped 14% in February March 26, 2020 Ekemini Global smartphone sales tumbled 14% in February as the coronavirus spread in China and overseas, Counterpoint Research said on Thursday, a likely harbinger of more declines as outbreaks worsen in…
Business Airbnb holds meeting with bankers to extend $1 billion debt facility March 26, 2020 Ekemini Airbnb Inc on Wednesday held a phone meeting with bankers to discuss extending an existing $1 billion debt facility as the home rental start-up grapples with a slowdown due to…
Local NCDC Announces Two New Cases Of Coronavirus: one in Lagos and one in Osun March 26, 2020 Ekemini NCDC has confirmed two new cases of COVID-19 in Nigeria: one in Lagos and one in Osun. According to NCDC, “both cases are returning travellers to Nigeria in the last…
World US markets close higher after emergency economy relief package March 26, 2020 Ekemini US markets gained again as Donald Trump and the Senate agreed a massive economic relief package worth more than $1.8 trillion (£1.5tn). The package includes money to bail out industries…
World The Worst Isn’t Over For China’s Economy March 26, 2020 Ekemini China’s economy was devastated by the novel coronavirus outbreak in the first two months of the year, according to data published Monday, and analysts say the nightmare is far from…
Technology Instagram Advises Users To Stay At Home March 26, 2020 Ekemini For years, Instagram has been synonymous with travel and experiences. Its users fill their feeds with carefully filtered and cropped photos of exotic locations and colorful venues. But now, from…
Local Budget: FG slashes oil benchmark from $57 to $30 per barrel March 26, 2020 Ekemini The Federal Government on Wednesday proposed the reduction of oil benchmark, upon which the 2020 budget was predicated, from $57 to $30 per barrel. The Minister of Finance, Zainab Ahmed,…
World Asian markets tread cautiously ahead of U.S. stimulus, jobs March 26, 2020 Ekemini Senate leaders hope to vote on the plan later on Wednesday in Washington, but it still faces criticism. The bill includes a $500 billion fund to help hard-hit industries and…
World Flipkart, Indian’s Biggest Online Retailer Suspends Services March 25, 2020 Ekemini India’s biggest online retailers have sharply reduced their service after the government ordered a three-week lockdown on residents across the country in response to the coronavirus pandemic. Flipkart, which is…
Local Air Peace To Suspend All Flights From Friday March 25, 2020 Ekemini Air Peace has announced the suspension of all its flight services as from Friday, 27th March. In a statement signed by its Chief Operating Officer, Mrs. Toyin Olajide, Air Peace…
Business Coronavirus: Konga sets up N10m Fund and Free Delivery For Customers March 25, 2020 Ekemini As part of its plan to cushion the effects of the dreaded coronavirus on its teeming customers, e-commerce platform, Konga, has announced a N10 million intervention package. It made this…
World Fashion Brands Turn To Face Mask Production in Fight Against coronavirus March 25, 2020 Ekemini With stores closed, runway shows canceled and global supply chains disrupted, much of the fashion industry has been rendered idle by the coronavirus pandemic. Now, designers, luxury labels and fashion…
Local FIRS retires Directors As Internal Reforms Continue March 25, 2020 Ekemini The board of the Federal Inland Revenue Service has approved the retirement of all directors that have served up to eight years. The board also approved the appointment of four…
Local Here is how to Access CBN’s 50bn Coronavirus Intervention Fund March 25, 2020 Ekemini The Central Bank of Nigeria has listed the conditions that must be fulfilled by individuals and companies willing to access it’s N50bn intervention fund. The apex bank had last week…
World India’s huge outsourcing industry struggles with work-from-home scenario March 25, 2020 Ekemini As the coronavirus pandemic pushes India into a lockdown, the call centers and IT services firms that function as the world’s back office are struggling to piece together work-from-home solutions…
World Prince Charles Tests Positive For Coronavirus March 25, 2020 Ekemini Prince Charles, the 71-year-old heir to the British throne, has tested positive for coronavirus but is in good health and is now self isolating in Scotland with mild symptoms. Charles,…
Local Fayemi Takes Coronavirus Test, Goes into Isolation March 25, 2020 Ekemini Ekiti State governor Kayode Fayemi said he has been tested for coronavirus and gone into isolation while awaiting the result. “I just took a CoviD 19 test, having gone into…
