Elon Musk Tweet Wipes $14bn Off Tesla’s Value
Tesla’s founder Elon Musk wiped $14bn off the carmaker’s value after tweeting that its share price was too high. The…
Month: May 2020
Anthony Joshua v Tyson Fury Talks With Interested Venues Begin
Talks are under way over a historic bout for the undisputed heavyweight championship of the world between Anthony Joshua and…
Apple Boosted By Streaming Services Despite Lockdown
Apple saw growth for the first three months of the year, as falling device sales in China were offset by…
Buoyed By Increased Sales During Pandemic, Bezos Says Amazon Is Thinking Big
Amazon sales surged in the first three months of the year, as the coronavirus lockdown boosted demand for the firm’s…
Tesla Stocks Decline After Questions About Company’s Accounting Practices
David Einhorn, a famed short-seller, questioned Elon Musk, the CEO of Tesla Inc. (NASDAQ: TSLA), Thursday on Twitter, about the…
BREAKING: Tiff Macklem Named Next Bank Of Canada Governor
Tiff Macklem has been named the next Bank of Canada governor as the economy grapples with the effects of the…
Coronavirus: Markets Fall As Trump Threatens China Tariffs Over Pandemic
Stocks sank in London on Friday after US president Donald Trump threatened to impose new tariffs on China over its…
Nigerian Government Continues With The Disbursement Of N50bn Covid-19 Fund
NIRSAL Microfinance Bank has commenced the disbursement of the Central Bank of Nigeria N50bn Targeted Credit Facility. The Managing Director,…
Maruti Suzuki, India’s Biggest Carmaker Recorded Zero Sales In April
Maruti Suzuki India Ltd., which produces more than half the cars on India’s roads, recorded no sales in the domestic…
Nigeria: Lagos Directs Reopening Of Government Offices, Establishments
Lagos State Head of Service, Mr. Hakeem Muri-Okunola, has announced the reopening of the State Secretariat, Alausa as well as…
Nigeria: CBN Extends Microfinance Banks Recapitalization Deadline
The Central Bank of Nigeria in consideration of the impact of the COVID-19 pandemic on economic activities has revised the…
Trump Threaten New Tariffs On China In Retaliation For Coronavirus
U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the…
Oil Price Rises To $25 As US Inventories Drop
Crude oil price is set to end the nightmare of producers as it rose for the second day thursday by…
Nigeria’s Access Bank To Cut Staff Salaries To Avoid Job Losses
Access Bank Plc plans to cut salaries to avoid job losses as a lockdown to contain the coronavirus hampers the…