Exxon Raises $9.5 Billion To Load Up On Cash Ahile Debt Market Still Open To New Deals
Exxon Mobil Corp on Monday raised $9.5 billion in new debt, with the largest U.S. oil producer seeking to bolster…
Author: Ekemini
Getting A Coronavirus Test In Wuhan, China: Fast, Cheap And Easy
Coronavirus tests can be difficult to come by in many countries including in hard-hit parts of the United States and…
New York, California And Other States Plan For Reopening As Coronavirus Crisis Eases
Ten U.S. governors on the east and west coasts banded together on Monday in two regional pacts to coordinate gradual…
UK Prime Minister, Boris Johnson Tests Negative For Coronavirus
UK Prime Minister, Boris Johnson has tested negative for coronavirus before being discharged from hospital on Sunday, a government spokesman…
Coronavirus: Amazon To Add 75,000 More Jobs
Amazon.com Inc said on Monday it plans to hire 75,000 more people for jobs ranging from warehouse staff to delivery…
BREAKING: Nigeria’s President Extends Lockdown in FCT, Lagos, Ogun By 14 Days
Nigerian President, Muhammadu Buhari, has extended the coronavirus (COVID-19) lockdownin the federal capital territory, Lagos and Ogun States by 14…
Ford expects $600 million first-quarter loss due to coronavirus
Ford Motor Co (F.N) said on Monday it expects to post a pre-tax loss of about $600 million for the…
Petrol Price Could Further Drop By N8/litre –Marketers
The pump price of petrol could drop further by between N5 and N8 per litre, operators in the downstream oil…
Nigerian Stock Market Halts Four Weeks Downtrend
Transactions on the floor of the Nigerian Stock Exchange closed last week on the positive with the equity market recording…
Why The Next 4 Weeks Could Be Lethal For The Stock Market
The approaching earnings season is going to plain old suck, no thanks to the coronavirus. Just take a gander at…
China Has Been Stockpiling Oil For Years. Low Prices Give It Reason To Buy More
Oil is cheaper right now than it has been in years. That’s great news for China — the world’s second…
Oil Reverses Early Gains As OPEC+ Deal Fails To Revive Prices
Oil declined after an initial jump as an historic deal among the world’s top producers to cut global output by…
A Quiet And Somber Easter As Global Coronavirus Death Toll Tops 110,000
Christians around the world celebrated Easter Sunday isolated in their homes by the coronavirus while pastors preached the faith’s joyous…
OPEC+ Finally Strike Agreement To Cut Nearly 10 Million Barrels A Day
DUBAI, United Arab Emirates — OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly…
Coronavirus Pandemic Reveals Widening Digital Gap — UN
The United Nations Conference on Trade and Development says the global crisis brought on by the coronavirus pandemic has further…
ACCA Research Shows 82% of Firms Are Expecting Negative Revenue Growth
A research conducted by the Association of Chartered Certified Accountants research shows that about 82 per cent of firms expect…
Coronavirus Spurs ‘Massive Shift’ In Alcohol Supply Chain Not Seen Since Prohibition
With people across the U.S. facing orders to remain in their homes, and bars and restaurants closed as part of…
Nigerian Federal Government, States, LGs Record N413.3bn Allocation Shortfall
The three tiers of government suffered a shortfall of N413.3bn in allocation from the federation account within a two-month period…
Coronavirus: Rising Unemployment Threatens China’s Poverty Targets
Although China is claiming success in its battle against the coronavirus, millions have lost their jobs in the economic fallout,…
African Economies Hard Hit By Coronavirus Pandemic
Sub-Saharan Africa has not been as badly hit by the coronavirus pandemic as some other parts of the world, but…
Coronavirus: Ethiopia Prohibits Company Layoffs Under State of Emergency
Ethiopia prohibited companies from laying off workers and terminating employment in measures introduced as part of a state of emergency…
Talks To Cut The World’s Oil Production Drag On For A Third Day
The world’s largest oil producers were still grasping for a deal to rescue energy markets from a coronavirus-induced collapse after…
Apple And Google Partner On Coronavirus Contact Tracing Technology
Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google said on Friday that they will work together to create contact tracing…
Nigeria: Small Business Owners Say Economic Impact Of Coronavirus Is ‘Killing’ Them More Than The Virus Itself
One bright morning in early March, a Lagos-based real estate agent, Mr John Adewale, got a call from a potential…
These Countries Are Reopening — Here’s How They’re Doing It
People in the Czech Republic can now shop at hardware and bicycle stores, play tennis and go swimming. Austria plans…
Disney+ Surpasses 50M Paid Subscribers Globally
Disney+ (DIS) has gained momentum in the streaming fight — announcing this week that the platform topped 50 million subscribers worldwide since…
Coronavirus Will Change How Stuff Gets To You
From toilet paper shortages to computer chips, the novel coronavirus pandemic has exposed many weak links in the highly globalized supply chains…
IMF Grants Tunisia $745m Loan To Combat Coronavirus
The International Monetary Fund on Friday announced the approval of a 745-million-dollar loan to help Tunisia cope with the economic…
Coronavirus: IMF Names Okonjo-Iweala In Advisory Group
IMF Managing Director, Kristalina Georgieva, on Friday, named a former Nigerian finance minister, Dr. Ngozi Okonjo-Iweala, among a group of…
How The Pandemic Wiped Out Global Oil Demand
Global oil demand is being destroyed as the coronavirus forces people around the world to remain indoors and avoid all…