US markets close higher after emergency economy relief package
US markets gained again as Donald Trump and the Senate agreed a massive economic relief package worth more than $1.8…
Author: Ekemini
The Worst Isn’t Over For China’s Economy
China’s economy was devastated by the novel coronavirus outbreak in the first two months of the year, according to data published Monday,…
Instagram Advises Users To Stay At Home
For years, Instagram has been synonymous with travel and experiences. Its users fill their feeds with carefully filtered and cropped…
Budget: FG slashes oil benchmark from $57 to $30 per barrel
The Federal Government on Wednesday proposed the reduction of oil benchmark, upon which the 2020 budget was predicated, from $57…
Asian markets tread cautiously ahead of U.S. stimulus, jobs
Senate leaders hope to vote on the plan later on Wednesday in Washington, but it still faces criticism. The bill…
Flipkart, Indian’s Biggest Online Retailer Suspends Services
India’s biggest online retailers have sharply reduced their service after the government ordered a three-week lockdown on residents across the…
Air Peace To Suspend All Flights From Friday
Air Peace has announced the suspension of all its flight services as from Friday, 27th March. In a statement signed…
Coronavirus: Konga sets up N10m Fund and Free Delivery For Customers
As part of its plan to cushion the effects of the dreaded coronavirus on its teeming customers, e-commerce platform, Konga,…
Fashion Brands Turn To Face Mask Production in Fight Against coronavirus
With stores closed, runway shows canceled and global supply chains disrupted, much of the fashion industry has been rendered idle…
FIRS retires Directors As Internal Reforms Continue
The board of the Federal Inland Revenue Service has approved the retirement of all directors that have served up to…
Here is how to Access CBN’s 50bn Coronavirus Intervention Fund
The Central Bank of Nigeria has listed the conditions that must be fulfilled by individuals and companies willing to access…
India’s huge outsourcing industry struggles with work-from-home scenario
As the coronavirus pandemic pushes India into a lockdown, the call centers and IT services firms that function as the…
Prince Charles Tests Positive For Coronavirus
Prince Charles, the 71-year-old heir to the British throne, has tested positive for coronavirus but is in good health and…
Fayemi Takes Coronavirus Test, Goes into Isolation
Ekiti State governor Kayode Fayemi said he has been tested for coronavirus and gone into isolation while awaiting the result.…
Apple Is Donating 9 Million Masks To Combat The Coronavirus
Apple will donate 9 million N95 protective masks to combat the coronavirus, Vice President Mike Pence said on Tuesday, making…
UN Sees Africa Sliding Into Recession Without Debt Help
frica could fall into recession this year if multilateral lenders and investors don’t help the continent waive debt-servicing costs that could be used to halt the spread of the coronavirus, according to the United Nations.
Another 11% Swing in the Dow Average Shows Value Still a Mystery
As Wall Street celebrates the Dow Jones Industrial Average’s biggest surge in nine decades, spare a thought for the people…
Fidelity Bank Reports Profit of 30.4bn, A 21% increase from Previous Year
Fidelity Bank Plc has recorded an impressive full-year result, sustaining the sterling financial performance that has been witnessed in recent…
Sanwo-Olu Orders Partial Closure of Banks In Lagos
Lagos State Government, on Tuesday, placed a partial closure on banking activities in the state as part of measures to…
Akeredolu Orders Immediate Closure of All Markets And Malls In Ondo State
Gov. Oluwarotimi Akeredolu of Ondo State has ordered the immediate closure of all markets, malls, and shops in the state…
Aero Contractors suspends flight operations for 2 weeks
Aero Contractors Tuesday announced the suspension of its flight operations for 2 weeks with effect from Thursday, 26th March due…
Bundesliga Players Accept Pay Cuts
Footballers at Germany’s top teams including Bayern Munich have agreed to take pay cuts to help other clubs survive the…
Chevron CEO vows to avoid first dividend cut since Great Depression
Chevron is pulling out all the stops to cope with the historic collapse in oil prices. The oil giant is slashing spending, scaling…
Osun Government suspends weekly markets indefinitely, sensitises market women
The Osun Government has ordered the indefinite suspension of designated weekly markets across the state as part of measures to…
India Orders Complete Lockdown For Its 1.3bn Citizens
Prime Minister Narendra Modi on Tuesday ordered a “complete” lockdown for India’s 1.3 billion. Modi said the lockdown would start…
Apple To Open Some Stores In The First Half Of April
Apple Inc is expected to start re-opening some of its retail stores in the first half of April, according to…
Nike Rakes In $10.1bn In Quarterly Revenue, Beats Wall Street Estimates
Nike Inc (NKE.N) has beaten Wall Street estimates for quarterly revenue on Tuesday, powered mainly by demands in North America…
Dow Has Best Day Since 1933 as Congress Nears Deal on Aid
The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a…
Coronavirus: Lagos on ‘Lockdown’ From Thursday 26 March 2020
Lagos state government has ordered the closure of all banks, offices, markets and courts in the state effective from Thursday.…
Banks in the UK close branches
Scores of bank branches are closed and others have restricted opening hours as a result of the coronavirus crisis. Branches…