McDonald’s And Nando’s To Shut All Restaurants in the UK
McDonald’s(MCD) and Nando’s will close all their restaurants in the United Kingdom and Ireland starting Monday, including for takeout, to…
Author: Ekemini
China Trying To Revive Economy After Shutdown
China is trying to jump-start its huge economy without triggering a second wave of coronavirus cases. It’s a high-stakes experiment…
IOC postpones 2020 Tokyo Olympic Games
The International Olympic Committee (IOC) has officially postponed the 2020 Tokyo Olympic Games after talks with Japanese Prime Minister, Shinzo…
Coronavirus: NPA, Shippers’ Council, And Lagos Courts On Lockdown
THE Nigerian Ports Authority, NPA, and the Nigerian Shippers Council, NSC, yesterday, shut down their administrative operations in Lagos State…
BREAKING: CBN Retains MPR At 13.5% To Allow ‘Interventions Play Out’
The monetary policy committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the monetary policy rate…
IMF predicts negative outlook for global growth in 2020
International Monetary Fund, IMF has projected a negative outlook in 2020 for global growth following the Coronavirus pandemic, COVID-19. It…
Russia Asks Citizens To Go Cashless To Curb Spread Of Coronavirus
Russia has urged consumers and businesses to use digital payments rather than cash in an effort to slow the spread…
Stock Market Loses N260bn
Transactions on the floor of the Nigerian Stock Exchange on Monday witnessed another drop in share prices as investors continue…
Coronavirus: Carmakers answer pleas to make medical supplies
Car firms are answering calls from governments to help make more ventilators and face masks to help out during the…
Coronavirus Shuts Down Buhari Govt, FEC, NEC Suspended
Coronavirus literally shut down the Nigerian Government on Monday with the suspension of the weekly federal executive council meeting. The…
Nigeria Makes Brutal Oil Price Cuts. But Has It Gone Low Enough
Nigeria opened a new front in the oil price war between some of the world’s largest OPEC+ countries, offering to…
Recoveries At 100,000; Wuhan To Lift Lockdown
China plans to lift lockdown measures in Wuhan, the city subjected to a mass quarantine since the start of the coronavirus outbreak.…
Stocks Climb From Lowest Since 2016; Dollar Drops
Bill Ackman, Pershing Square Capital Management founder and chief executive officer, says he is going all long on markets because the U.S. is getting to the right place on the coronavirus pandemic.
NSE Shuts Trading Floors, Resorts To Remote Trading Because Of Corona Virus
Following the raging effect of COVID-19 in the country, the Nigerian Stock Exchange will temporarily close its trading floors and…
NCDC Confirms 4 New Coronavirus Infections
The Nigeria Centre for Disease Control has announced four new coronavirus infections in the country. The announcement states that Nigeria’s…
Canada Sees More Restrictions Coming As Coronavirus Cases Soar
Many Canadians can expect more restrictions after the number of coronavirus cases in the country jumped significantly. New diagnosed cases spiked…
Johnson Announces Strict New Rules To Curb Coronavirus
Strict new curbs on life in the UK to tackle the spread of coronavirus have been announced by the prime…
Historic Fed Boost Fails To stop Wall Street’s Virus-Driven Sell-Off
Wall Street’s slide deepened on Monday as the rapidly spreading coronavirus forced more U.S. states into lockdown, overshadowing unprecedented moves…
Amazon Teams Up With Bill Gates-Backed Group To Deliver Coronavirus Test Kits
Amazon.com Inc (AMZN.O) is partnering with a research program funded by Bill Gates to pick up and deliver coronavirus test…
Merkel Tests Negative For Coronavirus
Angela Merkel’s initial test for coronavirus came back negative, a government spokesman said on Monday, adding that the German chancellor…
FIRS Generates N338bn in January
The Federal Inland Revenue Service, FIRS, collected tax revenue of N338.1 billion in January. The figure was slightly above average…
Fed takes emergency action to stave off a depression
The Federal Reserve is signaling it will do whatever it takes to save the coronavirus-ravaged American economy from a depression.…
UBA And Transcorp Postpone AGMs
United Bank for Africa (UBA) and Transcorp have announced the cancellation of their 2019 Annual General Meetings (AGMs) to prevent…
ABCON Directs BDCs To Comply With N380/$ Official Rate
The Association of Bureaux De Change Operators of Nigeria (ABCON) has directed bureaux de change (BDCs) across the country to…
Coal Is Now the World’s Most Expensive Fossil Fuel
Oil’s epic collapse over the past month means the global crude benchmark is now priced below the most widely traded…
U.S. Futures Reverse Drop, Bonds Up on Fed Pledge
U.S. equity futures reversed a decline and Treasuries extended an advance after the Federal Reserve on Monday announced a massive second…
Banks Adjust Operations, Advice On E-Channels Over Coronavirus Pandemic
Over the weekend, some Nigerian banks worked out plans to prevent exposure of their staff and curb the spread of…
Chloroquine Effective In Treating Covid19 – Chinese Ministry Of Science and Technology
This is based on the results of Clinical Trials which confirms that Chloroquine Phosphate primarily used in the treatment of Malaria has some curative effect on the Covid-19 disease currently ravaging the globe.
BREAKING: NCDC Announces First Coronavirus Death in Nigeria
The Nigeria Centre for Disease Control has confirmed the first coronavirus death in Nigeria. The NCDC via its Twitter handle,…