Facebook And Twitter Punish Trump Over Video Where He Says Children ‘Almost Immune’ To Covid-19
Facebook on Wednesday removed a a video interview posted on the account of President Donald Trump in which he said…
Month: August 2020
Older Investors Go For Gold, Younger Ones Bitcoin
The behavior of retail investors during the pandemic varies significantly across age groups, according to JPMorgan Chase & Co. Investors…
Facebook Rejects Request To Release Myanmar Officials’ Data For Genocide Case
Facebook has objected to a request from Gambia, which has accused Myanmar at the World Court of genocide against the…
McConnell And Pelosi Think There Will Be A Coronavirus Relief Deal – But Huge Differences Remain
Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi believe Congress will strike a coronavirus relief agreement, but both…
Popeyes Parent’s Revenue Falls 25% Despite Chicken Chain’s Soaring Same-Store Sales
Restaurant Brands International on Thursday reported that its quarterly revenue plunged 25% as the coronavirus pandemic weighed on same-store sales…
U.S. Weekly Jobless Claims Fall, Labor Market Struggling As COVID-19 Epidemic Spreads
The number of Americans seeking jobless benefits fell last week, but a staggering 31.3 million people were receiving unemployment checks…
Manhattan Apartment Deals Plunge 57%, Suburban Real Estate Surges
Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than…
The Airport Of The Future Will Have No Check-In Or Security Lines
Navigating the Roman circus of obstacles known as an international airport is likely the one thing travelers aren’t missing during…
Nigeria:Total Loans To Businesses Hit N18.9 Trillion In One Year
Total gross credit for various transactions in Nigeria rose by N3.33 trillion from N15.56 trillion at end-May 2019 to N18.90…
Stranded Nigerian Chess Player Returns Home After Four Months
Nigeria’s number one chess player, Oladapo Adu, is back to his home country after being stuck in Ivory Coast for…
Democrats Report Coronavirus Relief Progress McConnell Says He Is Prepared To Support A Deal
Democrats reported progress toward a coronavirus deal on Tuesday after a meeting with Trump administration negotiators.Mitch McConnell said he is…
Biden Will Beat Trump, Says Historian Who Predicted Every Presidential Race Since 1984
Historian Allan Lichtman has announced his pick for 2020: Presumptive Democratic nominee Joe Biden.Lichtman’s prediction model looks at 13 different…
European Stocks Close Higher After Major Earnings; Commerzbank Up 5%
The pan-European Stoxx 600 closed up by 0.5%, paring earlier gains after July’s final euro zone PMI (purchasing managers’ index)…
Coronavirus Vaccine At $32 to $37 Per Dose For Some Customers
Moderna is charging between $32 to $37 per dose for its coronavirus vaccine for some customers, under cheaper “pandemic pricing,”…
Exchange Rate Falls Across Forex Markets As Dollar Liquidity Remains Low
Nigeria’s exchange rate at the NAFEX window depreciated to N389 during intraday trading on Tuesday, August 4, 2020. In a…
Sterling Climbs Above $1.31 Amid Impasse On U.S. Relief Package
Sterling edged 0.6% higher on Wednesday against a broadly weaker dollar as the U.S. coronavirus relief package stalled in Congress…
Nigeria: FG To Boost External Reserves By Curbing Illegal Gold Sales
The Federal Government plans to stem illegal gold export worth hundreds of millions of dollars a year to boost the…
Nigeria’s Free Fall Into China’s Debt Trap!
This is it –the inexplicable paradox of an oil-rich country, Nigeria getting caught, deep into the marshy quagmire of a…
Weakening Demand, Rising Supply Weigh Crude Futures
Weakening demand due to anticipated second wave of the coronavirus pandemic and rising supply have continued to weigh on market…
Nigeria: Lagos Cancels 2018 Land Use Charge
Lagos State Government has cancelled the 2018 land use charge and reverted to pre-2018 land use charges. The Government announced…
Bitcoin’s Pause May Serve As Consolidation Before Push Higher
Bitcoin surged above $12,000 but quickly retreated this week Trading Envelope gauge suggests the token could appreciate Bitcoin’s surge over…
Dollar Stays Weak Amid Signs Of Lagging U.S. Economy
The dollar remained weak on Wednesday as a U.S. coronavirus relief package stalled in Congress and U.S. bond yields sank,…
Stocks Making The Biggest Moves Premarket: Apple, CVS, Blackstone, Wynn Resorts And More
Apple B of A Securities downgraded Apple to “neutral” from “buy”, while raising its price target on the stock to…
Oil Prices At Five-Month High On Big Drop In U.S. Crude Stocks
Oil prices rose to their highest since early March on Wednesday on a drop in U.S. crude inventories and the…
China Becoming Apprehensive About Nigerian Loans
China is becoming apprehensive about releasing loans to Nigeria following probes by the National Assembly on loans earlier released to…
Why Nigeria Is Becoming Africa’s Fastest Growing Forex Trading Nation
One of the forex market’s most attractive aspects is that it provides opportunities for novice and professional traders. Forex trading…
Dollar Can’t Catch A Break; Gold Shines
It is shaping up to be yet another rough and rocky trading week for the battered Dollar as investors attack…
African Supply Bottlenecks Fuel Cobalt Price Surge
Transport delays from South Africa against a backdrop of increasingly robust Chinese demand have fuelled a price rally for cobalt…
AU, African Leaders Urged To Fast Track High-Speed Rail Project
African Union, AU, and leaders of the continent have been urged to fast track implementation of the high-speed rail to…
306 Nigerians Return Home From UAE
At least 306 Nigerians stranded in the United Arab Emirates due to the coronavirus pandemic have returned home, the Nigerians…