Google Cloud CEO Thomas Kurian Tells Employees It Isn’t Helping With Virtual Border Wall
Google Cloud CEO Thomas Kurian told employees Friday that it received confirmation from the U.S. Customs and Border Patrol that…
Month: October 2020
Private Jet Traffic To The Hamptons And Aspen Is Booming As The Rich Flee Big Cities
The rich are traveling less for business and using private jets more to reach resort towns. Private jet flights to Westhampton, New York, surged 172% in October, according to data from Tuvoli, an online payments platform for jets, compiled by Private Jet Card Comparisons. Meanwhile, private jet traffic at New Jersey’s Teterboro Airport — often the busiest private jet hub in the nation since it is used by the rich flying to New York City — plunged 52% in October.
Cruise Stocks Rise After CDC Lifts No-Sail Order, Clears Industry To Plan Return
Cruise stocks rose Friday after the Centers for Disease Control and Prevention announced it will replace its nearly 8-month old…
McRib Returns To McDonald’s Nationwide For The First Time Since 2012
Starting Dec. 2, McDonald’s McRib is returning to menus nationwide for the first time since 2012. The limited-time pork sandwich…
McConnell Expects Coronavirus Stimulus In 2021, While Pelosi And Trump Push For A Deal Sooner
The top policymakers in Washington sent mixed signals Friday about how quickly Congress could pass new coronavirus stimulus after the…
Dow Closes More Than 150 Points Lower As Wall Street Posts Its Worst One-Week Sell-Off Since March
Stocks fell on Friday, led by major tech shares, as Wall Street wrapped up a difficult week in which coronavirus…
Walmart Returns Firearms, Ammunition To U.S. Store Floors
Walmart said on Friday it has begun returning firearms and ammunitions to the floors of its U.S. stores a day…
Buhari Welcomes International Partners To Spur Development
President Muhammadu Buhari has expressed the commitment of the government of Nigeria to work with an international think-tank group and…
U.S. Reports Record 88,521 New Covid Cases As Scientists Warn Of ‘Exponential Growth’
The United States reported a record 88,521 new coronavirus cases on Thursday as the pandemic seeps into every area of…
Nigeria Says 22 Police Killed, 205 Stations Damaged In Protests
Nigeria police said 205 stations were destroyed, 22 personnel killed and more injured during nationwide protests against alleged brutality by…
Euro Zone GDP Jumps More Than Expected In Third Quarter, October Prices Fall
The euro zone economy rebounded more than expected in the third quarter from its coronavirus-induced slump, but the rally is…
Ghana Is Outshining Nigeria As Top FDI Destination In West Africa
An unpopular fact might have been commonly overlooked would be that population size is sometimes only just a number, as…
West African Oil Fortunes Diverge Along With Europe And China
For a glimpse of the growing disparity in the oil market’s recovery, look at crude sales from West Africa. Nigeria,…
UK Govt Admits It Trained Nigeria’s Infamous SARS Police Unit Accused Of Extra Judicial Killings
The United Kingdom has acknowledged it provided training and equipment to a now-disbanded Nigerian law enforcement unit whose alleged abuses…
Euro Zone GDP Beats Forecasts For The Third Quarter, But New Lockdowns Threaten Recovery
LONDON — The euro zone economy bounced back in the third quarter as the region profited from a summer period…
Illegal Refineries Dismantled As Military Battles Crude Oil Thieves In N’Delta
More illegal refineries operating in the creeks of the Niger Delta have been dismantled as the military continues the clampdown…
CBN Removes Restrictions On Refinancing Of Non-Member Mortgage Lenders By Refinancing Companies
The Central Bank of Nigeria (CBN) has removed the restriction on refinancing of mortgages of non-member mortgage lenders by the…
Air France-KLM Warns Of Bigger Losses Amid Lockdowns
Air France-KLM AIRF.PA unveiled a 1.05 billion-euro (952.19 million pounds) quarterly operating loss and warned of worse to come as…
FOREX-Dollar Stabilises, Euro Near 4-Week Low After ECB’s Announcement
The dollar paused its climb on Friday, while the euro wallowed near its four-week low against the greenback after the…
Dangote Delays London Listing, Shores Up Forex Earnings
Aliko Dangote, Africa’s richest person, has again delayed plans to list shares in his cement company on the London Stock…
Will Nigerian Airlines Survive?
Chinedu Eze writes on the likely impact of the recent civil unrest in some states on Nigerian carriers which came…
Dollar Stabilises, Euro Near Four-Week Low After ECB’s Announcement
The dollar paused its climb on Friday, while the euro wallowed near its four-week low against the greenback after the…
Nigeria Imported N2.78tn Manufactured Goods In Three Months –NBS
Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June. According to figures…
Customs Command Generates N15.7b In Nine Months
The Nigeria Customs Service, Kirikiri Lighter Terminal Command, has said that despite the effect of the Covid-19 pandemic and other…
Fed Govt Pledges Support For SIFAX’s New Container Terminal
THE Federal Government has promised to support the vision of the newly-opened container terminal in Lagos by SIFAX Group. SIFAX…
Equities Rally N388b In Three Days
NIGERIAN equities has gained N388 billion so far this week as continuing bargain-hunting amid steady third quarter earnings pushed most…
Rising Against Extortion At Airport
A Nigerian who recently arrived the country from the Nnamdi Azikiwe International Airport, Abuja has petitioned Nigerian Customs Service over…
Sterling Pinned Near $1.29 As Investors Await Fresh Catalysts
Sterling traded in tight ranges on Friday, pinned near the $1.29 mark against the dollar as a lack of news…
Surge In Use Of Algorithms May Hurt Quality Of FX Prices – BIS
The growing use of computer-run algorithms to trade currencies is helping foreign exchange markets function but could undermine the quality…
Nigeria Immigration Warns Officers Against Extortion
The Nigeria Immigration Service (NIS) has warned personnel to avoid extortion and other acts capable of tarnishing its image. The…