Wall Street Caps Best Month In Decades With Broad Sell-off
U.S. stocks lost ground on Thursday as grim economic data and mixed earnings prompted investors to take profits at the…
Day: April 30, 2020
Nigeria: FIRS Waives Interests And Penalties On Outstanding Debts To May 31st
The Federal Inland Revenue Service (FIRS) has announced additional palliative measures to further manage the impact of the Coronavirus disease…
Nigeria: BREAKING: We Did Not Approve Fresh 85 Billion Loan For Buhari – Senate
The Nigerian senate has dispelled reports that a fresh N850 billion loan request made by the president was approved during…
American Airlines Posts $2.2 Billion Loss On Pandemic, First Since Bankruptcy Exit
American Airlines (AAL.O) on Thursday posted a $2.2 billion net loss, its first quarterly loss since emerging from bankruptcy in…
Twitter Sales Top Estimates, As Asia’s Ad Sales Rebounds After Ease In Lockdown
Twitter Inc (TWTR.N) on Thursday said its ads sales slightly rebounded in Asia after a plunge due to the coronavirus…
Netflix Just Had A Great Q1. Is The Stock Getting Too Expensive?
The COVID-19 pandemic has altered habits and routines like never before. With strict lockdowns in place all across the world…
Fauci Says Coronavirus Drug, Remdesivir Is Good ‘First Step’ In Fighting COVID-19 But ‘Not The Total Answer’
The nation’s top infectious disease expert said the modest results for an experimental drug for the coronavirus is a good “first step”…
Coronavirus: US Unemployment Tops 30m
Roughly 30.3 million people have now filed for jobless aid in the six weeks since the coronavirus outbreak began forcing…
British Airways To Cut 12,000 Jobs
British Airways is set to cut up to 12,000 jobs from its 42,000-strong workforce due to a collapse in business…
Nigeria: MTN Revenue Rises To N329.2bn
MTN Nigeria reported revenue growth of 16.7 per cent to N329.2bn in the first quarter ended March 31, 2020 compared…
Trump Says China Wants Him To Lose His Bid For Re-election
President Donald Trump said on Wednesday he believes China’s handling of the coronavirus is proof that Beijing “will do anything…
Trump Asks Saudi Arabia To Cut Oil Or Lose Military Aid
As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi…
Clash Of Tech Titans: Zuckerberg Praises Coronavirus Lockdowns; Musk Sees ‘Fascism’
Silicon Valley billionaires Elon Musk and Mark Zuckerberg offered dueling views on lockdown measures designed to slow the spread of…
Nigeria: Refineries Recorded N9.6bn Loss In January – NNPC
Nigeria’s refineries started their 2020 financial year with losses as they posted a cumulative operational deficit of N9.6bn in January.…
Nigeria: Foreign Reserves Drop By $5.09bn In Four Months
The country’s foreign reserves have continued its downward trend, dropping by $5.09bn from $38.53bn on January 2, 2020 to $33.44bn…