Business Elon Musk Tweet Wipes $14bn Off Tesla’s Value May 1, 2020 Ekemini Tesla’s founder Elon Musk wiped $14bn off the carmaker’s value after tweeting that its share price was too high. The tweet also knocked $3bn off Mr Musk’s own stake in…
World Anthony Joshua v Tyson Fury Talks With Interested Venues Begin May 1, 2020 Ekemini Talks are under way over a historic bout for the undisputed heavyweight championship of the world between Anthony Joshua and Tyson Fury. Representatives of the two Britons are in dialogue…
Business Apple Boosted By Streaming Services Despite Lockdown May 1, 2020 Ekemini Apple saw growth for the first three months of the year, as falling device sales in China were offset by demand for its streaming services due to the coronavirus lockdown.…
Business Buoyed By Increased Sales During Pandemic, Bezos Says Amazon Is Thinking Big May 1, 2020 Ekemini Amazon sales surged in the first three months of the year, as the coronavirus lockdown boosted demand for the firm’s groceries, online marketplace and cloud computing services. Sales in the…
Business Tesla Stocks Decline After Questions About Company’s Accounting Practices May 1, 2020 Ekemini David Einhorn, a famed short-seller, questioned Elon Musk, the CEO of Tesla Inc. (NASDAQ: TSLA), Thursday on Twitter, about the automaker’s accounting practices. What Happened Greenlight Capital founder Einhorn, who…
World BREAKING: Tiff Macklem Named Next Bank Of Canada Governor May 1, 2020 Ekemini Tiff Macklem has been named the next Bank of Canada governor as the economy grapples with the effects of the coronavirus pandemic. Finance Minister Bill Morneau made the announcement during…
World Coronavirus: Markets Fall As Trump Threatens China Tariffs Over Pandemic May 1, 2020 Ekemini Stocks sank in London on Friday after US president Donald Trump threatened to impose new tariffs on China over its handling of the coronavirus crisis. The FTSE 100 index of…
Local Nigerian Government Continues With The Disbursement Of N50bn Covid-19 Fund May 1, 2020 Ekemini NIRSAL Microfinance Bank has commenced the disbursement of the Central Bank of Nigeria N50bn Targeted Credit Facility. The Managing Director, NIRSAL MFB, Mr Abubakar Kure, inaugurated the disbursement of the…
Business Maruti Suzuki, India’s Biggest Carmaker Recorded Zero Sales In April May 1, 2020 Ekemini Maruti Suzuki India Ltd., which produces more than half the cars on India’s roads, recorded no sales in the domestic market last month after output was shuttered. The nation’s biggest…
Local Nigeria: Lagos Directs Reopening Of Government Offices, Establishments May 1, 2020 Ekemini Lagos State Head of Service, Mr. Hakeem Muri-Okunola, has announced the reopening of the State Secretariat, Alausa as well as other government establishments. Muri-Okunola in a state on Friday said…
Local Nigeria: CBN Extends Microfinance Banks Recapitalization Deadline May 1, 2020 Ekemini The Central Bank of Nigeria in consideration of the impact of the COVID-19 pandemic on economic activities has revised the deadline for compliance with the minimum capital requirements for microfinance…
World Trump Threaten New Tariffs On China In Retaliation For Coronavirus May 1, 2020 Ekemini U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on Beijing, as…
World Oil Price Rises To $25 As US Inventories Drop May 1, 2020 Ekemini Crude oil price is set to end the nightmare of producers as it rose for the second day thursday by 13.8 per cent to $25.65 per barrel. The price got…
Banking Nigeria’s Access Bank To Cut Staff Salaries To Avoid Job Losses May 1, 2020 Ekemini Access Bank Plc plans to cut salaries to avoid job losses as a lockdown to contain the coronavirus hampers the operations of Nigeria’s biggest lender, according to people with direct…
