Hurdles Await Foreign Carriers As Flight Resume Sept 5
Foreign airlines jostling for the Nigerian routes might be in for fresh hurdles as the Federal Government has…
Japan, U.S. Defence Chiefs Oppose Bid To Alter Status Of Asian Waters
Japan’s Defence Minister Taro Kono said on Saturday he had agreed with his U.S. counterpart Mark Esper that both…
Syndicate That Specialises In Moving Funds Through SIM Card Arrested
Detectives attached to the Nigeria Police Zone 2 Command Headquarters, Onikan, Lagos State have arrested five…
Apple Suspends Fortnite Maker Epic Games’ App Store Account
Apple on Friday said it suspended Epic Games’ developer account. It follows a temporary restraining order on Monday…
Nigeria: Pilot In The Crashed Bell Helicopter Confirmed As Chika Prudence Ernest
The pilot of the ill-fated Bell 206 helicopter that crashed in Ikeja, Lagos today, has been identified.
He was…
Chadwick Boseman: Black Panther Star Dies Of Cancer Aged 43
US actor Chadwick Boseman, best known for his role in Black Panther, has died of cancer, his family say.
The…
U.S. Tech Stocks Are Now Worth More Than The Entire European Stock Market
The dominance of major U.S. tech stocks in recent years has pushed the sector past another milestone as it is now…
Nigeria: Why FG Shifted Resumption Of International Flights By One Week
The Federal Government has shifted the opening date of international flights in the country by a week due to…
Pretzel-Maker Utz Readies For Market Debut After Gaining Share During The Pandemic
Utz Quality Foods gained market share as consumers stockpiled its pretzels and potato chips for quarantine snacks…
Preparing For New Normal
Globally, airports are presumed to be the point of contact and spread of the coronavirus pandemic. This is because…
Qatar Airways Refunds $1.2bn To Customers
Qatar Airways said it has paid out over $1.2 billion in refunds to almost 600,000 passengers since March. This, it…
Nigeria Naira Eases 1.3% After Plans To Sell FX To Currency Operators
The Nigerian naira eased 1.3% against the U.S. dollar on the official market on Friday, a day after the central…
Apple Rejects Facebook App That Tells Users That Apple Takes 30% Cut Of In-App…
Apple rejected one of Facebook’s new app updates, according to Reuters. The app tried to inform users that Apple…
MGM Resorts Lays Off 18,000 Previously Furloughed Employees
MGM Resorts International said Friday it is sending separation letters to 18,000 previously furloughed employees…
TikTok Interim CEO: We Already Have Synergies With Walmart In E-Commerce
Though many saw Walmart as an unusual potential buyer for TikTok, the social media app’s interim CEO Vanessa Pappas…
S&P 500′s Stunning Summer Rally Points To Best August Since 1986
It’s been a great August, up 6% for the S&P 500, the best August since 1986.
But then again, it was a great…
These Stocks Will Gain The Most When There’s A Vaccine Breakthrough
Stifel analysts have for weeks fielded calls from clients all wondering the same thing: “Which stocks should I own…
Morgan Stanley Downgrades Penn National And DraftKings After Big Runs For Both…
It’s time for investors to cash in some of their chips on two gambling stocks, according to Morgan Stanley.
The…
United Kingdom Moves To Confiscate £117m Properties Linked To Former Delta…
The United Kingdom has moved to confiscate proceeds of loot in the £117m worth of properties linked to James Ibori,…
Africa’s Richest Man Has Lost Over $100 Million Of His Net Worth In Less Than 2…
In less than 2 months, Africa’s richest man, Aliko Dangote has lost more than $100 million of his net worth.…
Banks Eye Layoffs As Short-Term Crisis Ends, Long-Term Costs Emerge
At the height of the coronavirus pandemic last spring, the heads of U.S. banks including Morgan Stanley, Bank of…
Apple And Tesla Split Their Shares, But Does It Matter?
Shares of Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) will be less costly on Monday as pre-announced stock splits…
Nigeria Faces Severe Stagflation As GDP Declines, Unemployment And Inflation Rise
1. The Nigerian economy contracted by -6.1% in the second quarter of 2020.
This represents the highest quarterly…
Abbott Labs Jumps As Wall Street Says New Rapid Test May Be ‘Game Changer’
Shares of Abbott Laboratories soared on Thursday after the company gained emergency authorization for a cheap,…
Klarna, Europe’s $5.5 Billion Fintech, Sees Losses Rise Sevenfold In The First…
Swedish online payments firm Klarna reported a ballooning net loss in the first half of 2020, as the company…
Moderna Says Its Coronavirus Vaccine Shows Promising Results In Small Trial Of…
Moderna’s potential coronavirus vaccine generated a promising immune response in elderly patients in an early stage…
Facebook Removes Kenosha Militia Page Following Deadly Shooting
Facebook on Wednesday said it removed the Facebook page and for a militia group in Kenosha, Wisconsin, after a…
Amazon Unveils Halo To Battle Apple Watch And Fitbit — Tracks Activity, Body Fat,…
Amazon is entering the wearables market in a big way.
The company on Thursday introduced a wristband for health…
GOP Set To Propose Smaller Coronavirus Stimulus Bill
Republicans are working on a more narrow coronavirus stimulus bill that they could release to members of Congress…
Powell Announces New Fed Approach To Inflation That Could Keep Rates Lower For…
The Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run…