Mitch McConnell Says A Coronavirus Stimulus Package Is ‘Unlikely In The Next Three Weeks’
Congress likely will not pass another coronavirus stimulus package before the Nov. 3 election, Senate Majority Leader Mitch McConnell said…
Day: October 9, 2020
Google’s New Streaming TV Gadget Is A Great Alternative To Roku Or Amazon Fire TV
The new $50 Chromecast with Google TV is Google’s first real rival to the Roku and Amazon Fire TV. It…
Jay Z-backed Devialet launches $300 Apple AirPods Pro rival
LONDON — French audio tech firm Devialet is better known for premium speakers that cost as much as $3,000. Now,…
Central Banks Are Weighing Their Own Digital Currencies – This Is What They Could Look Like
LONDON — After Facebook shocked policymakers with its plan to launch a digital currency last year, central banks have been…
Americans Think They Need $1.9 Million To Retire. Here’s How Much You Really Need
The majority of Americans say they want to retire by age 67 at the latest. Yet when it comes to…
Trump Raises Coronavirus stimulus offer to $1.8 trillion, about $400 billion less than Dems’ bill
The White House will take a $1.8 trillion coronavirus stimulus offer to Democrats as the sides work to strike a…
Broadway Theaters To Remain Closed Through May 30
Broadway theaters will remain closed through May. The Broadway League, a trade organization representing producers and theater owners, announced Friday…
Hurricane Delta Bears Down On Storm-Weary U.S. Gulf Coast
Residents in parts of the U.S. state of Louisiana left town or made last-minute preparations on Friday as Hurricane Delta…
Here’s The Likelihood Of Getting A $1,200 Stimulus Check In The Next 26 Days
Stimulus negotiations are apparently back in action. With Election Day on Nov. 3 quickly approaching, President Donald Trump shut down…
NIPOST Begins Address Verification Service
The Nigerian Postal Service has inaugurated an Address Verification Service. Through the service, corporate and private organisations can approach NIPOST…
Agents Seek Intervention In Trade Disruption At Tin-Can Port
Clearing agents operating at the Tin-Can Island Port have called on the Comptroller-General of the Nigeria Customs Service (NCS), Hameed…
Gilead CEO: ‘We Have Ample Supply’ Of Remdesivir For Hospitalized Coronavirus Patients
Gilead Sciences will have sufficient global supply of its coronavirus treatment remdesivir by the end of October, CEO Daniel O’Day…
Sterling Edges Up Against Dollar But Falls Versus Euro; Brexit Talks In Focus
Sterling edged up against the dollar but fell against the euro after worse-than-expected UK GDP data, while investors focused on…
CBN Distributes N770m Inputs, Cash To Cocoa Farmers
The Central Bank of Nigeria (CBN) has commenced the distribution of inputs and cash worth N770 million to 221 cocoa…
Pound Traders Look Beyond Brexit Noise To Focus On What Matters
Pound traders who have grown used to Brexit brinkmanship between London and Brussels are making two assumptions: there’ll probably be…
Nigeria Pushes Gas Into Fast Lane
Abuja turns to new gas promotion measures to ease the pain of removing unaffordable gasoline subsidies “Gas is Nigeria’s new…
Belgium Explores Areas Of Economic Cooperation With Nigeria
The Belgian Embassy is currently exploring new areas of cooperation, to expand the existing bilateral relations between the European country…
Why African Common Currency Should Be Digital
Francophone states of the West African Economy agreed on dropping the use of CFA Franc. It was created in 1945…
22 Air Travellers Test Positive For Covid-19 – PTF
Health minister, Dr Osagie Ehanire, has revealed that 22 persons have tested positive for coronavirus (COVID-19), among the 1,473 persons…
FG Pledges Support For Nigerians During Crisis
Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq. Federal Government on Friday reiterated its resolve…
Cut From The Same Cloth, Nigerian Waste Fabric Becomes Art
Marcellina Akpojotor weaves past thumping sewing machines, and leaves a Lagos shop with a bag brimming with discarded fabric. The…
OPEC Cuts Long-Term Forecast For Oil Demand Growth, Sees ‘Continued Disparity’ In Climate Policy
LONDON — OPEC on Thursday said it had downwardly revised its forecast for global oil demand growth over the long…
Nigerian Currency Appreciates To N457/$1 At Black Market
The Nigerian currency appreciated by N1 against its American counterpart at the parallel market on Thursday, October 8 to close…
Poor Forex Policies Discouraging Investors –LCCI
The Lagos Chamber of Commerce and Industry has said inappropriate foreign exchange policies are discouraging new capital investments. The President,…
NEPC, Operators Seek National Carrier To Boost Non-Oil Export
While building the capacity of non-oil exporters is key for market penetration, the country needs a national carrier to further…
Beware Of Fraudulent Loan Offers, Investment Schemes, CBN Warns
The Central Bank of Nigeria (CBN) yesterday warned members of the public against fraudulent messages and videos targeted at unsuspecting…
Dollar Set For Second Week Of Losses On Biden Win Bets; Yuan Gains
The dollar edged lower on Friday and was headed for a second consecutive week of losses as investors increased bets…
CBN Warns Against Fraudulent Loan Offers, Investment Schemes
The Central Bank of Nigeria has asked the public to beware of fraudulent loan offers and investment schemes. The acting…
Central Banks Want Digital Currencies That Don’t Nudge Out Cash
Central banks have identified key criteria for issuing their own digital currencies in a report from the Bank of International…