Coronavirus: FG seeks NASS approval for N500bn intervention fund
The Federal Government through the Ministry of Finance on Saturday reached out to the National Assembly to intimate it with…
Author: Ekemini
British PM’s Pregnant Fiancee Tests Positive For Coronavirus
Carrie Symonds, the pregnant fiancee of British prime minister Boris Johnson, has also tested positive for coronavirus, according to reports…
Lagos May Extend Lockdown – Sanwo-Olu
The Lagos State Governor, Babajide Sanwo-Olu, has said that the ongoing lockdown in the state may be extended beyond 14…
‘Normal’ Will Look Completely Different When This Is All Over
We are all stuck in the midst of this thing — whether on the front lines of fighting it or…
Coronavirus Sparks War For Masks
As the coronavirus pandemic spreads across Europe and the United States, a global scramble for medical equipment such as respirator…
How Nigerian Companies And Government Can Respond To Covid-19 – McKinsey
There are four critical steps that Nigerian companies could take to ensure business continuity while the government must prioritise five…
Hotel Lobbies Go Quiet As Demand Drops During Coronavirus Pandemic
Travel stops as government impose lockdowns ahead of usually busy Easter weekend
Berkshire Hathaway Cuts Delta, Southwest Stakes With Airlines In Freefall
Berkshire sold nearly 13 million shares in Delta and roughly 2.3 million shares of Southwest, according to regulatory filings Friday. That left Buffett’s company with a $1.32 billion stake in Delta and a $1.57 billion holding of Southwest stock.
Airlines across the U.S. have been pummeled by a steep drop-off in travel as the coronavirus spreads throughout the country. Delta Chief Executive Officer Ed Bastian said Friday in a memo that it expects second-quarter revenue to fall 90%.
Coronavirus: India’s Bailout May Not Be Enough To Save An Already Frail Economy
Mohammad Alam is one of thousands of workers standing in a food queue in India’s capital, Delhi. The factory where…
South Africa’s Ruthlessly Efficient Fight Against Coronavirus
One week into South Africa’s nationwide lockdown to prevent the spread of coronavirus, and it is tempting – dangerously tempting…
NERC orders power firms not to discontinue operations during lockdown
The Nigerian Electricity Regulatory Commission on Friday issued a “Continuity of Service” directive to all operators in the power sector…
Over 700,000 Americans Lost Their Jobs In March. Here’s How It Played Out Across Sectors
The job losses suffered in March as the U.S. economy shut down in the face of the novel coronavirus pandemic…
OPEC Meeting Postponed As Saudi Arabia And Russia Point Fingers
OPEC and Russia have postponed a meeting planned for Monday until later next week, OPEC sources said on Saturday, as…
Oil Price Increases To $34.91 As Hope For Production Cuts Rises
The international oil benchmark, Brent crude, extended its gains on Friday, climbing to as high as $34.91 a barrel on…
Coronavirus: UN Donates Medical Equipment To Nigeria
The United Nations has donated €80,000 (N32.5m) worth of medical equipment and supplies to Nigeria to help in the fight…
Nigeria Records 20 New Cases Of Coronavirus
The Nigeria Centre for Disease Control on Friday night confirmed 20 new cases of coronavirus. “Twenty new cases of #COVID19…
Jeff Bezos to donate $100 million to American food banks
Jeff Bezos is donating $100 million to US food banks to help them feed a growing number of out-of-work Americans…
Coronavirus: FG To Evacuate Nigerians Abroad
The Ministry of Foreign Affairs has directed all its missions abroad to compile a list of willing Nigerian nationals who…
Coronavirus: Mexico stops brewing Corona beer
Mexico’s Grupo Modelo said on Thursday it will temporarily stop brewing Corona beer and other brands exported to 180 countries…
US Alcohol Sales Increase As People Stockpile Drinks To Pass Time
The coronavirus pandemic has forced millions of Americans to stay home, and they’re drinking a lot of alcohol to pass…
OPEC Calls For Emergency Meeting On Monday
OPEC will meet on Monday with Russia and other oil producers in the hope of agreeing supply cuts and ending…
Coronavirus: FG Distributes Cash To Anambra, Katsina and Nasarawa Residents
The Federal Government’s conditional cash transfer to the most indigent and vulnerable people across the country entered its second day…
Nigeria’s Response To Coronavirus Is Remarkable – United Nations
The United Nations has praised Nigeria for it’s handling of the Coronavirus pandemic. Nigeria, Africa’s most populated country with an…
FCMB Group Records N188bn Revenue, Grows Profit to N20.1bn
FCMB Group Plc has announced its financial results for the year ended December 31, 2019. The audited results showed that…
Economies In Freefall As Coronavirus Cases Exceed 1 Million
Global cases of the new coronavirus have shot past 1 million with more than 53,000 fatalities, a Reuters tally showed…
OPEC debates biggest-ever oil cut as Coronavirus destroys demand
OPEC and its allies are working on a deal for an unprecedented oil production cut equivalent to around 10% of…
Nigerian Breweries To Raise More Funds Via CP
Barely two months after brewery giant, Nigerian Breweries Plc launched series 5 and 6 Commercial Paper (CP) to raise N45 billion to…
Nigeria Says It Needs Radical Reforms After Oil Plunge
Nigeria is faced with an economic challenge that is unprecedented in its history and will need radical reforms to overcome…
When Will U.S. Economy Bottom? Economists Hunt For The Right View
Given how fast the situation has developed, judging when that happens in real time will prove challenging for economists…
Google To Publish User Location Data To Help Fight Coronavirus
Google will publish location data from its users around the world from Friday to allow governments to gauge the effectiveness…