Wall Street Ends Higher On Recovery Hopes, Nasdaq Hits Another Record
Wall Street’s three major indexes closed higher on Tuesday as improving economic data and the prospect of more stimulus bolstered…
Category: Breaking
Virgin Atlantic resumes Lagos-London flights August 24
Virgin Atlantic has announced its intention to resume flights from Lagos to London Heathrow from August 24, 2020 saying the…
Trump Sought China’s Xi’s Help To Win Re-Election, Bolton Alleges
In a series of bombshell allegations, U.S. President Donald Trump’s former national security adviser, John Bolton, said on Wednesday that…
Coronavirus: Volkswagen Considering More Cost Cuts
Volkswagen is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for…
Major Markets In Asia Pacific Jump As Much As 49% From Their March Lows
Major markets in Asia Pacific have bounced back strongly following a historic period of volatility and uncertainty in March, as the…
Walmart Removes Firearms From Sales Floor In Some Stores As Protests Continue Across U.S.
Walmart said it’s removed firearms and ammunition from some of its stores’ sales floors, as protests sparked by the death of…
Nigeria: Reps Approve Buhari’s $22.7bn Loan Request
The house of representatives has approved President Muhammadu Buhari’s request to borrow $22.7 billion. The green chamber approved the request at…
Nigerian Govt Reopens Domestic Airports June 21
The Federal Government has asked the aviation sector to begin to develop protocols that will lead to the resumption of…
Churches And Mosque To Reopen As Nigeria’s Federal Government Lifts Ban On Religious Gatherings
The federal government has lifted the ban on religious gathering across the country. The government had imposed the ban two…
John Lewis Plans Phased Reopening Of Stores
John Lewis is planning a phased reopening of its stores, using lessons it has learned on social distancing from the…
Airline Industry Not Likely To Recover For At Least A Year: Southwest CEO
The airline industry is not likely to recover to pre-coronavirus levels for at least the next six to 12 months,…
Nigeria: Reps Approve Buhari’s N850bn Loan
The House of Representatives has approved the request by the President, Major General Muhammadu Buhari (retd.), to borrow N850bn to…
Coca-Cola Posts Better Than Expected Earnings But Coronavirus Continues To Wreck Havoc
Coca-Cola’s (KO) better than expected first quarter on Tuesday may not even matter to investors as business has fallen off…
BREAKING: Nigeria Gets Debt Relief From China, G-20
China and G-20 countries have agreed to give debt relief to the poorest countries in the world which are classified…
BREAKING: Nigeria’s President Extends Lockdown in FCT, Lagos, Ogun By 14 Days
Nigerian President, Muhammadu Buhari, has extended the coronavirus (COVID-19) lockdownin the federal capital territory, Lagos and Ogun States by 14…
BREAKING: Boris Johnson Is Moved to Intensive Care With Covid-19 Worsening
Official says U.K. prime minister in case he needs ventilation. Foreign Secretary Dominic Raab to stand in for Johnson
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.
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…
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.…
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…
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…
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,…
Nigeria Has Chloroquine Poisonings After Trump Praised Drug
Nigeria reported two cases of chloroquine poisoning after U.S. President Donald Trump praised the anti-malaria drug as a treatment for…
Breaking: Nigeria Announces 10 New Coronavirus Cases
The Minister of Health, Dr Osagie Ehanire, who disclosed this on Saturday on his tweeter handle @drEOEhanire, stated: “Nigeria has…
Emirates Airline Suspends Flights To Nigeria, New York, France, Germany
Emirates, one of the world’s biggest international airlines, is suspending all flights to Nigeria, France, Germany, New York and New…
BREAKING: FG shuts Lagos, Abuja airports Monday
The Federal Government says the Murtala Muhammed International Airport, Lagos; and Nnamdi Azikwe International Airport, Abuja will be shut effective…