Huawei posts 5.6% rise in 2019 profit, but it’s the smallest increase in…
Net profit for 2019 came in at 62.7 billion yuan ($8.9 billion), up 5.6% compared with a 25% jump a year earlier.…
Coronavirus: American Airlines to seek $12bn in government aid
American Airlines has confirmed it will seek $12bn (£9.7bn) of financial support from the US government because of…
As Oil Price Continues To Fall, Experts Believe Further Cut In 2020 Budget…
The latest development in the international oil market may have rendered inoperative the recently reviewed oil…
South Africa’s Rand Hits Record Low As Moody Downgrades The Country’s…
The South African rand plunged to a record low after Moody’s downgraded the government’s debt before recovering…
US begin Evacuation Of Citizens From Nigeria
The United States Mission in Nigeria has announced the commencement of evacuation of its citizens from Nigeria.…
J&J, Moderna sign deals with U.S. to produce huge quantity of possible…
There are currently no approved treatments or vaccines specifically for COVID-19, the respiratory disease that has…
Autosales Dropped Drastically In March
U.S. new vehicle sales likely drove off a cliff in March as the coronavirus pandemic pounded consumer confidence…
Fidelity Bank To Shut Down Branches In Lagos, Ogun, And Abuja
Fidelity Bank on has announced that it would close all its branches in Lagos, Ogun and the Federal Capital…
Ford, GE to produce 50,000 ventilators in 100 days
Ford said the simplified ventilator design, which is licensed by GE Healthcare from Florida-based Airon Corp and…
ATMs, e-Payments Platforms To Be Functional During Lockdown
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, and the Central Bank of Nigeria Governor,…
Coronavirus: FG grants 3 months moratorium for repayment of all govt funded loans
As part of its efforts to cushion the economic effects of the Coronavirus pandemic, the Federal government has…
COVID-19: Federal Government Prepares Fiscal Stimulus Package
The federal government has drawn up a stimulus package to cushion the impact of the dreaded Corona Virus.
Under…
Hundreds Of Thousands Flee Indian Capital In Mass Exodus
Streets around the Indian capital Delhi have been filled with people walking to reach their villages in…
Vincent van Gogh painting stolen from museum in overnight raid
A Dutch museum that is currently closed to prevent the spread of the coronavirus said Monday a painting by Vincent…
Coronavirus: Oil price collapses to lowest level for 18 years
The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus…
Coronavirus: EasyJet grounds entire fleet of planes due to virus
EasyJet has grounded its entire fleet of planes and said it cannot give a date for when they will restart.
The…
Amazon workers to stage a walkout Monday, demanding closure of Staten Island…
Amazon employees at the company's Staten Island, New York, facility plan to walk off the job Monday amid…
Abbott Launches 5-Minute Coronavirus Test for Use Almost Anywhere
Abbott is unveiling a coronavirus test that can tell if someone is infected in as little as five minutes, and is so…
As Coronavirus Spreads Globally, Countries Begin To Hoard Food
It’s not just grocery shoppers who are hoarding pantry staples. Some governments are moving to secure domestic food…
Here Are The Businesses Exempted From The 14-days Shut Down Of Lagos, Abuja And…
Nigeria’s President, Muhammadu Buhari on Sunday announced a 14-day shut down of business, economic and social…
How Coronavirus And Oil Price Collapse Destroyed Global Financial Markets
How much damage has the coronavirus and the oil price collapse inflicted on global financial markets this year? Put…
Spain is battling the black marketeers and price-gougers of the coronavirus crisis
Ernesto Ruiz Lopez, a pharmacist in Madrid, says he's never seen anything like this. He can't get protective …
Buhari’s Full Speech On Coronavirus
Fellow Nigerians,
From the first signs that Coronavirus, or COVID-19 was turning into an epidemic and…
Breaking: FG Locks Down Lagos, Ogun And Abuja
The President, Major General Muhammadu Buhari (retd), has announced a total restriction of movement in Abuja, …
African Development Bank Launches Record Breaking $3bn ‘Fight COVID-19’ Social…
The African Development Bank has raised an exceptional $3 billion in a three-year bond to help alleviate the…
Coronavirus: NNPC, 33 Other Oil Firms Donate ₦11.4bn
The Nigerian National Petroleum Corporation and 33 of its partners in the oil and gas sector have contributed $30…
Virgin Atlantic To Seek For Bailout
Virgin Atlantic is applying for hundreds of millions of pounds in state aid to keep afloat during the coronavirus…
Breaking: Plane Explosion in Philippines Kills 8
A medical evacuation plane exploded during take-off in the Philippine capital on Sunday, killing all eight…
Unknowns Await Emerging Markets After Wildest Moves Since 2008
As most nations brace themselves for a likely surge in coronavirus cases through April, the signals from the…
Qatar Airways To Need Bailout As Cash Runs Out
Qatar Airways will have to seek government support eventually, Chief Executive Akbar al-Baker told Reuters on…