Business Here’s What Happened To The Stock Market On Friday Aug 3, 2020 0 Dow Jones Industrial Average rises 114 points The Dow Jones Industrial Average rose 114.67 points, or 0.44%,…
Business Dollar On Course For Worst Month In Decade As Epidemic Hobbles U.S. Economy Aug 3, 2020 0 The dollar index fell to 92.597, a low last seen in May 2018, and is on course to post its steepest…
World Covid-19 Testing Delays Create A Public Health Nightmare As Schools And Workplaces… Aug 3, 2020 0 Demand for Covid-19 tests far outstrips supply in the U.S. “The wheels have fallen off the wagon,”…
Local Nigeria: FG Moves To Rescue Trafficked Nigerian Ladies from Lebanon Aug 1, 2020 0 The Federal Government has begun moves to rescue 30 trafficked Nigerian ladies from Lebanon. The victims had on…
Africa Kuwait Bans Commercial Flights from 31 Countries Over Covid-19 Aug 1, 2020 0 Kuwait suspended commercial flights from 31 countries on the advice of health authorities, just as the Gulf state …
Local Nigeria: Lagos Worship Centres To Reopen Aug 7 Aug 1, 2020 0 Religious centres in Lagos state will resume activities on August 7, 2020. Babajide Sanwo-Olu, governor of…
Technology Elon Musk Says ‘China Rocks’ While The U.S. Is Full Of ‘Complacency And… Aug 1, 2020 0 Elon Musk lamented the “entitled” and “complacent” character of people in the United States, and lauded…
Business Goldman Expects New Tech Indexes To Bring China $25 Billion Passive Inflows In… Aug 1, 2020 0 Mainland China and offshore hub Hong Kong’s latest indexes representing technology companies are likely to attract…
Business Nasdaq Surges On Megacap Earnings But U.S. Fiscal Uncertainty Nags Aug 1, 2020 0 The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but…
World U.S. Makes Deal For 100 Million Doses Of Coronavirus Vaccine, Deaths Expected To… Aug 1, 2020 0 Two major drug companies will supply the U.S. government with 100 million doses of an experimental coronavirus…
Local Nigerians Suffering In Europe Aug 1, 2020 0 The Founder of Napier Consulting Services, Roy Napier, has lamented the rate of exploitation of young Nigerians who…
Business Messy Business: Diaper Firm Struggles Without Dollars Aug 1, 2020 0 Women in hairnets and masks are sorting through diapers coming off a conveyor belt. But the head of Wemy's, the…
Banking Banks Squeezed As CBN Shores Up Naira Aug 1, 2020 0 Nigeria’s banks are expected to take a big hit to revenues and face rising borrowing costs this year as the central…
Business Italy Struggles To Clinch Deal For Single Broadband Network Jul 31, 2020 0 The Italian government needs more time to broker a deal between former phone monopoly Telecom Italia (TLIT.MI) and…
Business Outlook For U.S. Value Stocks Uncertain With Cloudy Economic Picture Jul 31, 2020 0 After a rally led by growth companies that has left the S&P 500 index .SPX roughly 4% from setting a new record…
Business Investors Raise Cash As U.S. Recovery Wobbles; Options Strategies Profit Jul 31, 2020 0 Investors are preparing their portfolios for a potentially rocky patch in U.S. stocks, worried that a dramatic…
Business Global Funds Favour Bonds Over Stocks On Surging Coronavirus Infections Jul 31, 2020 0 Global funds recommended cutting equity holdings in July to the lowest in four years and suggested keeping bond…
Business Dollar Heads For Biggest Monthly Drop In A Decade As Virus Fuels U.S. Economy… Jul 31, 2020 0 The dollar extended its dramatic fall on Friday, putting it on course for its biggest monthly drop in a decade as…
Local Arik Air To Resume Flights To Jos, Benin, 2 Others Jul 31, 2020 0 Arik Air has resumed services to four additional airports in Nigeria namely; Benin, Jos, Owerri and Asaba. It…
Local AIB Begins Investigation As Two Aircraft Collide At Lagos Airport Jul 31, 2020 0 The Accident Investigation Bureau says it will investigate a collision involving Middle East Airline and a Turkish…
Business Wired Transfers Hit N477/$1 At Black Market Jul 31, 2020 0 Exchange rate disparity between the parallel and black market remains as high as N85.75 Nigeria's exchange rate…
Local Nigeria: MAN Supports Forex Unification Jul 31, 2020 0 The Manufacturers Association of Nigeria (MAN) has described the unification of the country’s Foreign Exchange…
Local Apapa Gridlock: Customs Agents Petition FG Over 500% Increase In Costs Jul 31, 2020 0 Some Customs agents in the country have called on the federal government to immediately address the deficiency and…
Business The Dollar’s Leading Rivals All Have Their Own Drawbacks Jul 31, 2020 0 A guide to the pros and cons of the euro, gold, crypto, and the other potential replacements for the dollar. The…
Business Starved Of Dollars, Nigerian Businesses Struggle For Survival Jul 31, 2020 0 As women in hairnets and anti-coronavirus masks sort through folded nappies coming off a conveyor belt, the head of…
Local Nigeria: Local Production Suffers Continued Contraction As PMI Hits 44.9% Jul 31, 2020 0 Purchasing Managers’ Index (PMI) for the manufacturing sector has continued to reflect the sector’s weaknesses as…
Banking Nigeria: People Fear They’ve Got Too Much Cash In Their Bank Accounts Jul 31, 2020 0 Falling interest rates are tempting some Americans to forego safety and pour their savings into assets such as…
Local Nigeria: Cautious Optimism As Nations Ease Flight, Tourism Restrictions Jul 31, 2020 0 More countries are opening up the international airspace for commercial airlines and tourism to resume. Travellers…
Local IMF Introduces New Transparency Code For Nigeria, Others Jul 31, 2020 0 The executive board of the International Monetary Fund has approved the new IMF Central Bank Transparency code.…
Local Nigeria: The Return of Wharf Rats Jul 31, 2020 0 Eromosele Abiodun writes on the alarming rate of pilfering at terminals across the nation’s seaports Last week,…