Coronavirus: Air France-KLM Evacuates European Nationals From Nigeria
An aircraft operated by Air-France KLM on Thursday arrived at the Murtala Muhammed International Airport, Lagos to evacuate some European…
Author: Ekemini
CBN Grants Two-Weeks Market Holidays To Bureau De Change Operators
The Central Bank of Nigeria (CBN) has granted a two-week market holiday to the Bureau De Change (BDC) operators. The…
Coronavirus To Cause Condom Shortage Worldwide
Malaysia’s Karex Bhd (KARE.KL) makes one in every five condoms globally. It has not produced a single condom from its…
Coronavirus: China bars foreign visitors as imported cases rise
China has announced a temporary ban on all foreign visitors, even if they have visas or residence permits. The country…
Russia calls for new enlarged OPEC deal to tackle oil demand collapse
A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of…
Coronavirus: Tesco restricts online orders to 80 items each
Supermarket Tesco has said that online shoppers will have their deliveries capped at 80 items from now on. In an…
Coronavirus: Prime Minister Boris Johnson Tests Positive
Prime Minister Boris Johnson has tested positive for coronavirus. Mr Johnson said he developed mild symptoms over the past 24…
G20 leaders to inject $5 trillion into global economy in fight against coronavirus
Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy…
Fed balance sheet tops $5 trillion for first time as it enters coronavirus war mode
The U.S. Federal Reserve’s balance sheet rocketed past $5 trillion in assets for the first time this week as it…
Nigeria Records 14 New Cases Of Coronavirus
The Nigeria Centre for Disease Control (NCDC) has confirmed 14 new cases of coronavirus in Nigeria. Total number of confirmed…
S&P, Moody’s Cut Credit Grades At Fastest Pace In A Decade
S&P Global Ratings and Moody’s Investors Service are downgrading U.S. companies at the fastest pace in more than a decade…
A Bull Market in Banks and Other Weird Facts of the Stock Bounce
Moves in stock sectors that ordinarily take months and years to play out are happening in days as investors struggle…
Technically Speaking, The Dow Just Rocketed Out Of A Bear Market
As ridiculous as it sounds, the Dow Jones Industrial Average just climbed out of the bear market it entered two weeks ago.
The Gold Market Is Being Tested Like Never Before
From South Africa’s ultra-deep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to main street…
Coronavirus: UK Death Toll Jumps To More Than 100 In Largest Single Day Rise
The number of people to have died across the UK after contracting the Covid-19 coronavirus has increased to 104, health officials have confirmed. A…
Oil Price May Fall To $10 A Barrel As World Runs Out Of Storage Space
The world may soon run out of space to store its extra oil as Saudi Arabia prepares to increase its…
Coronavirus: IMF, World Bank Suspend Debt Payments By Nigeria, Others
The International Monetary Fund and World Bank on Wednesday announced a hold on debt payments from Nigeria and other sub-Saharan Africa…
Coronavirus: UBA Donates 5bn To Fight The Epidemic
United Bank for Africa Plc (UBA) has donated over N5bn ($14 million) through the UBA Foundation, to catalyse a comprehensive…
Breaking: US charges Venezuela’s President, Maduro with narco-terrorism
The US has charged Venezuela’s President Nicolás Maduro and other senior officials in the country with drug trafficking crimes. The…
NNPC spent N218.18bn on ailing refineries in 2019
Nigeria’s refineries under the management of the Nigerian National Petroleum Corporation incurred a total expense of N218.18bn in 2019. The…
Coronavirus: A Record 3.28million Americans File For Unemployment Benefits
A record number of Americans filed for their first week of unemployment benefits last week, as businesses shut down to…
Coronavirus: Kenya Bans The Importation Of Second-hand Clothes
Kenya has banned the importation of second-hand clothes, popularly known as “mitumba”, as a way of limiting the spread of…
Czech breweries turn to bottles and cans as pubs close
Czech breweries — including Pilsner Urquell and Budejovicky Budvar — have stopped refilling kegs and started storing their beer in…
Drugmakers Mylan And Pfizer Delay Merger Due To Coronovirus Outbreak
Drugmaker Mylan NV’s (MYL.O) merger with Pfizer Inc’s (PFE.N) off-patent branded drug unit, Upjohn, will now close in the second…
Trump Wants To Reopen The American Economy By Easter
The president, who is concerned about the economic repercussions of an extended shutdown of nonessential business, said in a television…
Lagos State To Disinfect Bus stops, Motor Parks And Public Spaces
The Lagos State Government has commenced the disinfection of public spaces, like motor parks, bus stops, in a bid to…
FG To Ban Inter-state Travel
The Federal Government has announced plans to ban inter-state travel and also close down motor parks as part of measures…
Worldwide Smartphone Sales Dropped 14% in February
Global smartphone sales tumbled 14% in February as the coronavirus spread in China and overseas, Counterpoint Research said on Thursday,…
Airbnb holds meeting with bankers to extend $1 billion debt facility
Airbnb Inc on Wednesday held a phone meeting with bankers to discuss extending an existing $1 billion debt facility as…
NCDC Announces Two New Cases Of Coronavirus: one in Lagos and one in Osun
NCDC has confirmed two new cases of COVID-19 in Nigeria: one in Lagos and one in Osun. According to NCDC,…