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“We are very fortunate to have a strong cash position with about $10 billion of unrestricted cash as of end of…

Tesla Inc (TSLA.O) will suspend production at its California vehicle factory beginning on March 24 to comply with…

According to JPMorgan, the impact of the coronavirus is set to push the world’s poorer countries excluding China…

President Trump said in a Thursday press briefing that chloroquine, a drug used to treat malaria and severe…

The New York Federal Reserve continues to point a firehose of liquidity at clogged-up financial markets. The…

The COVID-19 pandemic will significantly increase global unemployment, leaving up to 25 million more people out of…

The Central Bank of Nigeria has announced a 100 billion naira loan support for health laboratories in the country.…

The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors of the…

As Coronavirus pandemic continues to rage and disrupt international economies, the African Energy Chamber (AEC), as…

The Swiss watch industry has survived lickings before, but Rolex, Omega and Cartier now face a combination of…

The European Union is urging Netflix and other streaming platforms to stop showing video in high definition to…

Governments and medical officials are scrambling to provide the public with accurate and timely information about…

To complement the ban on flights from 13 countries, airlines operators yesterday urged the Federal Government to…

The price of Brent crude, the international benchmark, tumbled on Wednesday to the lowest level in 17 years as…

The Federation Account Allocation Committee meeting which was convened to consider statutory revenue for the month…

The Federal Government on Wednesday announced a slash in the 2020 budget by N1.5tn as part of measures to respond…

he Federal Government has approved the reduction of the pump price of Premium Motor Spirit (PMS). While there…

US Treasury Secretary Steven Mnuchin says he supports sending money directly to Americans as part of a $1tn…

The pound has fallen to its lowest level against the dollar since 1985, as the spread of the coronavirus pandemic…

The European Central Bank (ECB) has launched an emergency €750bn ($820bn; £700bn) package to ease the impact of the…

Though some initiatives are being undertaken by the Federal Government to mitigate the effect of the coronavirus…

The United States could lose up to 1 million jobs in March because of the severe disruptions caused by the …

Apple Inc (AAPL.O) launched an updated version of its MacBook Air on Wednesday, modifying keyboards on its laptop…

Wall Street’s main indexes sank again on Wednesday, as growing signs of coronavirus damage to corporate America…

The countries are China, Italy, Iran, South Korea, Spain, Japan, France, Germany, Norway, the United States of…

‘The outbreak has created the urgency to try out new ideas’ In Hong Kong, bankers have learned to win stock…

The debate around South African interest rates has now moved from whether the central bank will cut, to how much…

Oil’s plunge has stung currencies across emerging markets, and there’s probably worse to come. For oil and gas…

Nigeria’s headline inflation has recorded yet another rise to 12.20 percent in February, from the 12.13 percent…

The Nigerian House of Representatives has said it would investigate satellite cable television service providers in…