Amazon Says It May Fire Workers Who Violate Social Distancing Guidelines
Amazon said it may begin firing employees who “intentionally violate” the company’s social distancing guidelines, despite complaints from workers who…
Day: April 7, 2020
Sony Unveils Its New PlayStation 5 Controller, The DualSense
Sony revealed more details about its new PlayStation 5 controller on Tuesday and said that it’s starting to ship the…
Twitter’s CEO, Jack Dorsey Pledges $1bn For Coronavirus Relief Efforts
Square Inc and Twitter Inc (TWTR.N) chief executive officer Jack Dorsey has said he is pledging $1 billion of his…
Oil Falls To $32 After OPEC Postpones Meeting
The international oil benchmark, Brent crude, fell on Monday after Saudi Arabia and Russia postponed a meeting to discuss output…
Nigeria’s Fed Govt To Suspend Payment Of Interest On Debts Owed By State Governments
The President, Major-General Muhammadu Buhari (retd.), has approved the suspension of the payment of interest on debts owed by state…
No Buyer Has Rejected Nigeria’s Crude, NNPC Says
No buyer of Nigerian crude oil has returned or rejected it despite the glut in global crude oil market, the…
Coronavirus: Robots Replace Japanese Students At Graduation
Spring graduation ceremonies in Japan have been cancelled because of the coronavirus pandemic, but students at one school were able…
WhatsApp Limits Message Forwarding To Curb Spread Of Misinformation
Facebook Inc’s (FB.O) WhatsApp tightened message forwarding limits on Tuesday, restricting users to sharing forwarded content one chat at a…
Scammers Try Selling World’s Tallest Statue As Lockdown Boosts India’s Cyber Crime
Police in India lodged a case this week against an unknown online fraudster who tried selling the world’s largest statue…
Nigerian Economy Will Contract Without Stimulus – Finance Minister
Nigeria, Africa’s most populous country, may fall into recession this year if an economic stimulus plan isn’t put in place…
Nigeria Won’t Seek Eurobond Waiver, Looks To China For Debt Relief
Nigeria won’t seek a suspension of interest payments from its Eurobond holders, but will seek debt relief from China as…
Coronavirus: Sex Workers Forced To Go Digital
Most sex workers meet customers in person. For them, the coronavirus spells economic ruin. “The virus is a disaster for…
Calls For Debt Relief For Developing Economies Intensifies
More than 100 global organisations are calling for debt payments of developing countries to be dropped this year. These countries…
Petrol Subsidy Gone Forever, Says NNPC
The era of subsidy on petrol is gone forever, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, said…
Fitch Downgrades Nigeria To ‘B’ Negative Outlook
Fitch Ratings has downgraded Nigeria’s long-term foreign-currency issuer default rating to ‘B’ from ‘B+, which means the outlook is negative.…