Oil Prices Below $40: What It Means For Nigeria, Local Oil Companies, Banks
The price of Brent, the benchmark of Nigeria’s crude oil has fallen to $39 as bearish factors mount and sentiment…
Day: September 16, 2020
Debts – FAAN To Quit Servicing Private Airports
Lagos — The Federal Airports Authority of Nigeria (FAAN) may quit its services for some private aerodrome operators over growing…
Yen Hits Two-Week High On Dovish Fed Expectations; Yuan Rallies
The Japanese yen inched higher on Wednesday as traders bet an ultra-accommodative U.S. Federal Reserve would weigh on the U.S.…
Apple Will Finally Sell Apple Watches To People Without iPhones, Offering A New Hook Into Its Ecosystem
In the five years since the Apple Watch first went on sale, it’s always been an iPhone accessory. But on…
Peloton Thinks It Can Grow To 100 Million Subscribers. Here’s How
Peloton just had a breakout quarter, as sales of its high-tech bikes skyrocketed, and its subscriber base surged at a…
The Coronavirus Has Killed At Least 121 Young People In The U.S., Mostly Minorities, CDC Says
Covid-19 has killed at least 121 people under 21 years old across the U.S., nearly two-thirds of whom were Black…
At Least 24 Million Students Could Drop Out Of School Due To The Coronavirus Pandemic, UN Says
The disruption to schools caused by the coronavirus pandemic constitutes a “global education emergency” that threatens to derail the education…
Peloton CEO On Apple Launching A Workout Service: ‘It’s Quite A Legitimization Of Fitness Content’
Peloton CEO John Foley said Tuesday that Apple launching a fitness platform is a “legitimization” of this type of content.…
Kraft Heinz Looks To Revamp Oscar Mayer Brand, Cut 20% Of Products, As It Rethinks Business
As Kraft Heinz tries to make its new customers stick around after the coronavirus pandemic, the company is rethinking its…
Backup driver in fatal Arizona Uber self-driving car crash charged with negligent homicide
Approval of Oracle’s deal to become a “trusted technology provider” for ByteDance’s TikTok will be announced on Tuesday afternoon, CNBC’s…
CBN Allows Banks To Pay Winnings, Salaries For 7 Banned Betting & Gaming companies
The Central Bank of Nigeria has given some commercial banks instructions to allow betting and gaming companies suspended earlier in…
Snowflake Prices IPO Above Increased Range, Implying Initial Market Cap Of $33.3 Billion
Snowflake, a provider of cloud-based data storage and analysis software, priced its IPO above its increased range in an offering…
There May Not Be Enough Coronavirus Vaccine Doses To Quickly Supply The World, Gates Foundation Says
While the world can likely expect an approved Covid-19 vaccine by early next year, it’s not clear whether the drug’s…