Banking Nigerian Central Bank Starts Uniform Exchange Rate for Naira Mar 21, 2020 0 Nigeria’s central bank will migrate to a single exchange rate for the naira by collapsing the multiple exchange…
Africa Uganda Cuts Growth Outlook as Coronavirus Outbreak Hurts Tourism Mar 21, 2020 0 Uganda sees economic growth slowing to 5.2% to 5.7% in 2019-20 from an earlier forecast of 6% depending on the…
Local Why CBN ‘Technically’ devalued the naira Mar 21, 2020 0 Yesterday, we reported that the Central Bank technically devalued the naira to exchange to the dollar at N380.…
Local Business activities fall as PMI drops to 57.3– CBN Mar 21, 2020 0 The Central Bank of Nigeria on Wednesday disclosed that the Manufacturing Purchasing Managers’ Index in the month…
World Coronavirus: Government to pay up to 80% of workers’ wages Mar 20, 2020 0 The UK government will pay the wages of employees unable to work due to the coronavirus pandemic, in a…
Local Coronavirus: Dow erases Trump presidency gains Mar 20, 2020 0 The Dow Jones Industrial Average of 30 major American companies fell more than 4.5% on Friday, erasing all the…
Africa Coronavirus: South Africa grounds international flights till may Mar 20, 2020 0 South Africa’s flag carrier on Friday suspended all international and regional flights until the end of May…
Local Lagos to shut down clubs and bars to curb spread of coronavirus Mar 20, 2020 0 In a bid to curb the spread of the novel coronavirus, the Lagos State government has decided to shutter night clubs…
Investing stocks record worst week since the global recession of 2008 Mar 20, 2020 0 US stocks ended Friday's session lower, although the losses were more contained than they have been in previous…
Business Bankruptcies about to rise – Bank of America Mar 20, 2020 0 The market meltdown of the past few weeks is hurting various corners of the financial system. One area in which…
Local Hyundai to introduce electrics SUV Into Nigeria Mar 20, 2020 0 Stallion Motors, an auto assembler and franchisee of nine global brands including Hyundai, has announced plans to…
Local Coronavirus: Fayemi asks Ekiti civil Servants to work from home Mar 20, 2020 0 Ekiti State Governor, Dr Kayode Fayemi, on Friday, barred social, political, religious and family gatherings of…
Local Petrol price: IPMAN pleads for time Mar 20, 2020 0 The Independent Petroleum Marketers Association of Nigeria (IPMAN) has pleaded for time to enable members exhaust…
Local CBN technically devalues Naira: To now sell dollars to foreign investors at N380/$ Mar 20, 2020 0 The Central Bank of Nigeria has moved the FX sales rate to FPIs to N380.2/$, from N366.7/$, in a move that suggests…
Local CBN technically devalues Naira: To now sell dollars to foreign investors at N380/$ Mar 20, 2020 0 An analyst in Lagos confirmed to BusinessDay that CBN sold the dollar at N380.2 on the I&E window today,…
Africa Tourists’ departure leaves Madagascar forlorn as coronavirus fears bite Mar 20, 2020 0 On a pristine island off the northwest coast of Madagascar famous for its orchids and turquoise, turtle-filled…
Africa Egypt to shut all cafes, malls, sports clubs in evenings until March 31 Mar 20, 2020 0 Egypt said on Thursday it would shut all cafes, shopping malls, sports clubs and nightclubs from 7 p.m. until 6…
Banking Coronavirus: Banks advice customers to use digital platforms Mar 20, 2020 0 Banks in the country have urged their customers to utilise their digital self-service solutions because of the…
Investing Stock market loses N371bn in one day Mar 20, 2020 0 Transactions on the Nigerian Stock Exchange on Thursday halted the previous day’s gain with a loss of 3.12 per…
Local NYSC suspends CDS indefinitely Mar 20, 2020 0 The National Youth Service Corps has suspended its weekly Community Development Service activities indefinitely,…
Local Dollar exchanges for N374 Mar 20, 2020 0 On Thursday, the naira exchanged to the dollar for between N372 and N374 at the Bureau De Change segment of the…
Local Fuel price to be reviewed April 1 — PPPRA Mar 20, 2020 0 In a move signalling possible deregulation of the downstream sector, the Petroleum Products Pricing Regulatory…
Business Coronavirus: Netflix To Reduce Streaming Quality In Europe To Avoid Overload Mar 20, 2020 0 Netflix will reduce the quality of its streaming in Europe to ease pressure on the internet, the firm said, as…
Business Apple Limits Online Purchase of iPhones To Two Per Person Mar 20, 2020 0 Apple Inc (AAPL.O) is limiting customer purchases of iPhones over its online stores in many countries including the…
World Oil rises to $28, halting losing streak Mar 20, 2020 0 The international oil benchmark, Brent crude, halted its losing streak on Thursday, trading around $28 per barrel…
Local BREAKING: Trump Cancels G7 meeting at Camp David over Coronavirus Mar 19, 2020 0 President Donald Trump will cancel an in-person meeting of G7 leaders at Camp David in June because of the…
World Two generic drugs being tested in U.S. in race to find coronavirus treatments Mar 19, 2020 0 U.S. researchers, following the lead of scientists in other countries, have launched studies to see whether…
World Amazon halts grocery orders to restock amid increasing demand Mar 19, 2020 0 Amazon.com Inc (AMZN.O) has said it is halting its Prime Pantry delivery service in the United States to restock…
World U.S. jobless claims could top record 1.5 million next week: economists Mar 19, 2020 0 A wave of layoffs at restaurants, bars and hotels, as efforts to contain the coronavirus pandemic bring much of…
Local Wall Street ends higher to stem coronavirus sellof Mar 19, 2020 0 U.S. stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took…