U.S. Home Sales Tumble As Coronavirus Keeps Buyers Indoors
The slump in home resales reported by the National Association of Realtors (NAR) on Tuesday added to a pile of…
Day: April 21, 2020
China: The Biggest Winner Of The Oil Crash
A clear winner has emerged from the historic rout in global oil markets: China, which is reaping an unlikely reward…
Nigeria To Earn $10.61bn From Crude Oil Between May And December After Recent Production Cuts
Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by members…
Trump Looking At Stopping Saudi Oil Shipment As U.S Crude Oil Price Plunges Into Negative
U.S. President Donald Trump said on Monday that his administration was looking at the possibility of stopping incoming Saudi Arabian…
80,000 Apply For Coronavirus Loan In Nigeria
NIRSAL Microfinance Bank (NMFB) has resolved that the business plans for the ₦50 billion Targeted Credit Facility as a stimulus…
Coronavirus: Spain Pledges More Economic Support
Spain’s cabinet approved measures to support workers and businesses struggling under stringent coronavirus restrictions on Tuesday as officials cheered a…
Coca-Cola Posts Better Than Expected Earnings But Coronavirus Continues To Wreck Havoc
Coca-Cola’s (KO) better than expected first quarter on Tuesday may not even matter to investors as business has fallen off…
South Africa’s Rand Opens Weaker As Fear Of Economic Contraction Grows
The South African rand opened weaker on Monday, mirroring moves elsewhere in emerging markets as fears over global economic growth…
Nigerian Stock Exchange Records Marginal Loss To Commence Weekly Trading Activities
Transactions on the floor of the Nigerian Stock Exchange on Monday recorded a marginal loss to commence the weekly trading…
Global Oil Price Benchmark Slumps To $19
The global oil price benchmark, Brent crude, has extended its decline, plummeting to $19 per barrel on Tuesday, amid the demand collapse…
French Court To Issue Verdict In Amazon Case On April 24: Judge
A verdict in a case involving U.S. e-commerce giant Amazon will be issued by the Court of Appeal in Versailles…
What’s A Negative Crude Future And Does It Mean Anything For Consumers?
The price of a barrel of benchmark U.S. oil plunged below $0 a barrel on Monday for the first time…