World US Fed Leaves Rates Near Zero, Sees Virus Risks Lingering Apr 29, 2020 0 The Federal Reserve on Wednesday left interest rates near zero and repeated a vow to do what it takes to shore up…
Local Nigeria: CBN Resumes Dollar Sales For SMEs And School Fees Apr 29, 2020 0 The Central Bank of Nigeria (CBN) has resumed the sale of foreign exchange to all commercial banks for onward sales…
World Airlines May Not Recover From Covid-19 Crisis For Five Years, Says Airbus Apr 29, 2020 0 The planemaker Airbus has warned that the aviation industry could take as long as five years to recover to the…
World US Economy Shrinks 4.8% As Coronavirus Ends Longest Expansion In History Apr 29, 2020 0 The longest economic expansion in US history officially came to an end on Wednesday when the commerce department…
Business Ford Reports A Loss And Drops A Bombshell In Its Outlook Apr 29, 2020 0 Detroit auto maker and iconic American manufacturer Ford Motor’s first-quarter earnings missed Wall Street…
Business Boeing To Cut Staff After $641m First-Quarter Loss Apr 29, 2020 0 Boeing announced sweeping cost-cutting measures Wednesday after reporting a first-quarter loss of $641 million…
World U.S. GDP In The First Quarter Is Going To Be Bad — And The Damage Is Far From Done Apr 29, 2020 0 The spring is shaping up to post the biggest contraction in U.S. economic growth since the Great Depression in the…
World Much of U.S. Economy Still Plugging Along Despite Coronavirus Pain Apr 29, 2020 0 Garbage haulers still collect trash. Cops are on the beat. Couriers deliver food and packages. Insurance agents…
Business Boeing Eyes Major Bond Issue To Raise Funds Apr 29, 2020 0 The preparations reflect Boeing’s confidence that it can tap the capital markets to strengthen its finances, even…
Local IMF Approves $3.4bn For Nigeria’s COVID-19 Fight Apr 28, 2020 0 The board of the International Monetary Fund (IMF) has approved the sum of $3.4 billion to support Nigeria’s…
Local Germany Grants Nigeria N8.9bn Debt Relief Apr 28, 2020 0 The Republic of Germany said it has granted Nigeria debt relief amounting to N8.9 billion (€22.4 million) on…
World Trump To Order Meat Processing Plants To Stay Open Amid Coronavirus Outbreaks In… Apr 28, 2020 0 President Donald Trump plans to order U.S. meat processing plants facing concerns about coronavirus outbreaks to…
World Greece Plans Gradual Relaxation Of Lockdown Measures Apr 28, 2020 0 Greek Prime Minister Kyriakos Mitsotakis said on Tuesday restrictions on citizens’ movements would be lifted and…
World France Plots Gradual Exit From Lockdown From May 11, But Cafes To Stay Closed Apr 28, 2020 0 France will begin to ease its coronavirus lockdown from May 11 to avoid an economic meltdown, Prime Minister…
Local BREAKING: 2020 Budget: Senate Approves Buhari’s N850bn Loan Request Apr 28, 2020 0 The Senate has approved the N850billion loan request of the President, Major General Muhammadu Buhari (retd.),…
Local Nigeria: FBN Holdings Shareholders Approve N13.64bn Dividend Apr 28, 2020 0 Shareholders of the FBN Holdings have approved a total dividend of N13.64bn declared by the company for the…
World Harley-Davidson Cuts Dividend Payout, Suspends Share Buybacks Apr 28, 2020 0 Harley-Davidson Inc (HOG.N) cut its quarterly dividend to just 2 cents and suspended share buybacks on Tuesday to…
Local Nigeria: Buhari Seeks N’assembly Approval For N850bn Loan To Fund 2020 Budget Apr 28, 2020 0 President Muhammadu Buhari has asked the national assembly to approve a loan request of N850 billion to fund the…
Local Remote Work Revenue Could Help Microsoft Offset Coronavirus Impacts, Analysts Say Apr 28, 2020 0 When Microsoft Corp reports earnings on Wednesday, analysts expect some areas of its business to take a hit from…
Business Pepsi Warns Second Quarter Revenue Will Drop Apr 28, 2020 0 Pepsi warned on Tuesday organic revenue and operating profits would suffer in the second quarter as major buyers of…
Local Central Bank Of Nigeria Lifts Suspension On Cheques’ Clearing Apr 28, 2020 0 The Central Bank of Nigeria has lifted suspension on cheque clearing by the Deposit Money Banks. It stated this…
Local IMF To Meet On Nigeria’s Emergency Loan Request Today Apr 28, 2020 0 There are indications that the Executive Board of the International Monetary Fund may approve the $3.4bn loan…
World US Oil Falls Below $11 Per Barrel Apr 28, 2020 0 US oil nosedived below $11 a barrel on Tuesday after a major exchange-traded fund started selling its short-term…
Features Market Wrap Apr 28, 2020 0 S&P 500 contracts turn higher alongside shares in Europe, Asia. Crude deepens losses after Monday plunge;…
World COVID-19 Global Virus Update Apr 28, 2020 0 Virus Tracker: Total cases 3 million; deaths pass 211,000. White House strategy envisions tests reaching 2% of…
Business Adidas’ First Quarter Profit Falls By 90% Apr 27, 2020 0 Adidas has said that sales will fall by 40% in the second quarter after the German sportswear giant saw profits…
Local New York State Cancels Presidential Primary Over Coronavirus Risk Apr 27, 2020 0 New York state on Monday canceled its presidential primary over concerns voting was an unnecessary risk amid the…
Local BREAKING: President Buhari Extends Lockdown In Lagos, Ogun, FCT Until May 4,… Apr 27, 2020 0 President Buhari has extended the lockdown in Lagos, Abuja and Ogun state till May 4th He also sad a dusk to…
Africa South Africa Seeking $5 Billion From Multilateral Lenders To Fight Virus Apr 27, 2020 0 South Africa is seeking 95 billion rand ($4.99 billion) from multilateral lenders to help it fight the COVID-19…
World U.S Oil Slips Below $15 Per Barrel Apr 27, 2020 0 US oil prices fell heavily on Monday and slipped below $15 a barrel on renewed storage concerns as the coronavirus…