Russia calls for new enlarged OPEC deal to tackle oil demand collapse
A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of…
Coronavirus: Tesco restricts online orders to 80 items each
Supermarket Tesco has said that online shoppers will have their deliveries capped at 80 items from now on.
In an…
Coronavirus: Prime Minister Boris Johnson Tests Positive
Prime Minister Boris Johnson has tested positive for coronavirus.
Mr Johnson said he developed mild symptoms over…
G20 leaders to inject $5 trillion into global economy in fight against coronavirus
Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy…
Fed balance sheet tops $5 trillion for first time as it enters coronavirus war…
The U.S. Federal Reserve’s balance sheet rocketed past $5 trillion in assets for the first time this week as it…
Nigeria Records 14 New Cases Of Coronavirus
The Nigeria Centre for Disease Control (NCDC) has confirmed 14 new cases of coronavirus in Nigeria.
Total number…
S&P, Moody’s Cut Credit Grades At Fastest Pace In A Decade
S&P Global Ratings and Moody’s Investors Service are downgrading U.S. companies at the fastest pace in more…
A Bull Market in Banks and Other Weird Facts of the Stock Bounce
Moves in stock sectors that ordinarily take months and years to play out are happening in days as investors…
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…
The Gold Market Is Being Tested Like Never Before
From South Africa’s ultra-deep mine shafts to vaults underneath London, from metals traders in New York…
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,…
Oil Price May Fall To $10 A Barrel As World Runs Out Of Storage Space
The world may soon run out of space to store its extra oil as Saudi Arabia prepares to increase its fossil fuel…
Coronavirus: IMF, World Bank Suspend Debt Payments By Nigeria, Others
The International Monetary Fund and World Bank on Wednesday announced a hold on debt payments from Nigeria and…
Coronavirus: UBA Donates 5bn To Fight The Epidemic
United Bank for Africa Plc (UBA) has donated over N5bn ($14 million) through the UBA Foundation, to catalyse a…
Breaking: US charges Venezuela’s President, Maduro with narco-terrorism
The US has charged Venezuela's President Nicolás Maduro and other senior officials in the country with drug…
NNPC spent N218.18bn on ailing refineries in 2019
Nigeria’s refineries under the management of the Nigerian National Petroleum Corporation incurred a total expense…
Coronavirus: A Record 3.28million Americans File For Unemployment Benefits
A record number of Americans filed for their first week of unemployment benefits last week, as businesses shut…
Coronavirus: Kenya Bans The Importation Of Second-hand Clothes
Kenya has banned the importation of second-hand clothes, popularly known as “mitumba”, as a way of limiting the…
Czech breweries turn to bottles and cans as pubs close
Czech breweries — including Pilsner Urquell and Budejovicky Budvar — have stopped refilling kegs and started…
Drugmakers Mylan And Pfizer Delay Merger Due To Coronovirus Outbreak
Drugmaker Mylan NV’s (MYL.O) merger with Pfizer Inc’s (PFE.N) off-patent branded drug unit, Upjohn, will now close…
Trump Wants To Reopen The American Economy By Easter
The president, who is concerned about the economic repercussions of an extended shutdown of nonessential business,…
Lagos State To Disinfect Bus stops, Motor Parks And Public Spaces
The Lagos State Government has commenced the disinfection of public spaces, like motor parks, bus stops, in a bid…
FG To Ban Inter-state Travel
The Federal Government has announced plans to ban inter-state travel and also close down motor parks as part of…
Worldwide Smartphone Sales Dropped 14% in February
Global smartphone sales tumbled 14% in February as the coronavirus spread in China and overseas, Counterpoint…
Airbnb holds meeting with bankers to extend $1 billion debt facility
Airbnb Inc on Wednesday held a phone meeting with bankers to discuss extending an existing $1 billion debt facility…
NCDC Announces Two New Cases Of Coronavirus: one in Lagos and one in Osun
NCDC has confirmed two new cases of COVID-19 in Nigeria: one in Lagos and one in Osun.
According to NCDC, “both…
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…
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…
Instagram Advises Users To Stay At Home
For years, Instagram has been synonymous with travel and experiences. Its users fill their feeds with carefully…
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…