Ben & Jerry’s Joins Boycott Of Facebook And Instagram Ads In The US
Ben & Jerry’s said on Tuesday that it will pause all paid advertising on Facebook and Instagram in the U.S.…
Day: June 23, 2020
IMF, Sudan Reach Agreement On Macroeconomic Policies Structural Reforms
International Monetary Fund (IMF) staff and Sudan have reached agreement on macroeconomic policies structural reforms that would underpin a 12-month…
Former Wirecard Boss Arrested Over €1.9bn Scandal
The ex-boss of scandal-hit payments firm Wirecard has been arrested in Germany. Markus Braun resigned last Friday after auditor EY…
New Corovirus Outbreak In Germany Sparks Fresh Local Lockdowns
German authorities in the state of North Rhine-Westphalia have reimposed lockdown restrictions in two districts after a spike in cases,…
Nasdaq Jumps To Record Led By Apple In Longest Winning Streak Since December
The Nasdaq Composite rose to a fresh record on Tuesday with Apple leading major tech names higher as investors cheered a…
Nigeria: CBN Governor Confirms Exchange Rate Unification Plans
The Governor of the Central Bank, Godwin Emefiele, has confirmed that the Central Bank will continue to pursue unification around…
Apple Share Hits All Time High After Company Announces New Software
Apple shares hits an all time after the technology company announced new software for its iPhones, iPads, Macs, Apple TV and…
Wall Street Ends Higher On Recovery Hopes, Nasdaq Hits Another Record
Wall Street’s three major indexes closed higher on Tuesday as improving economic data and the prospect of more stimulus bolstered…
Banks Warn Debt Forgiveness Will Hurt, Not Help Africa
Scrapping the debt of heavily indebted African nations will only come back to haunt them, according to two of the…
Nigeria: Flight Resumption May Not Lead To Airfare Hike– Aviation Minister
Minister of Aviation, Mr Hadi Sirika Monday assured anxious Nigerians that the planned re-opening of the airspace for domestic flights may not equate to a hike in fares.
Crypto Market Stuck In Negative Trend With Bitcoin Below $10,000
With major digital coins failing to break out meaningfully in recent weeks, crypto markets can’t seem to pull out of…
Nigeria: FG, States Eye N212b Revenue As Naira Heads To N400/$
THE federal, states and local governments are set to earn additional N212 billion revenue this year from the planned unification…
Nigeria’s External Reserves Down By $261m
Data published by the Central Bank of Nigeria’s (CBN’s) website showed that Nigeria’s external reserve is now $36.3 billion as…
Google, Apple, Amazon And Tesla Slam Trump’s Immigration Crackdown
Tech leaders have criticized President Donald Trump’s latest immigration crackdown on the visa programs that their companies rely on to…
Google Wants To Stop You From Reusing Passwords
“Passwords are one of the worst things on the internet,” Mark Risher, Google’s senior director for account security, identity, and…
American Airlines Expects To Raise About $2 Billion In Upsized Stock, Notes Offering
American Airlines Group Inc (AAL.O) said on Tuesday it expects to raise about $2 billion through a stock-and-notes offering in…
Novak Djokovic Tests Positive For Covid-19 Amid Adria Tour Fallout
Novak Djokovic, the men’s world No 1 tennis player, has tested positive for Covid-19, the Serbian said in a statement…
Nigeria: Jaiz Bank Shuts Down Ikeja Branch Following COVID-19 Scare
Jaiz Bank Plc, a non-interest bank that is listed on the Nigerian Stock Exchange, said its Ikeja branch has been…
Nigerian Stock Market Extends Losing Streak As Investors Lose N38bn
The nation’s stock market extended its decline on Monday as investors lost N38bn at the end of trading. The market…
Lockdown Relaxed In England As 2m Rule Eased
Pubs, restaurants, hotels and hairdressers can open from 4 July in England, when social distancing rules will be eased. Prime…
Oil Rises After Trump Assurance On China Trade Deal
Oil prices rose on Tuesday in a volatile session after U.S. President Donald Trump soothed jangled nerves over the status…
WHO Says Record Number Of Coronavirus Cases Isn’t Just Because Of More Testing
Coronavirus cases reaching record numbers globally are not just the result of more countries testing, the World Health Organization said…
Virgin Atlantic resumes Lagos-London flights August 24
Virgin Atlantic has announced its intention to resume flights from Lagos to London Heathrow from August 24, 2020 saying the…
German Economy To Shrink By 6.5% This Year Due To Coronavirus
The German economy will shrink by 6.5% this year due to the coronavirus pandemic, the government’s council of economic advisors…