Central banks deploy record sums to break financial logjam, but may need more
Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up,…
McDonald To Close All Restaurants In The UK By End Of Monday
McDonald's will close all 1,270 of its restaurants in the UK by the end of Monday, as fears over the spread of…
Breaking: Atiku’s Son Tests Positive For Coronavirus
Former Vice-President of Nigeria, Atiku Abubakar has announced that is son has tested positive for coronavirus.…
40% To 80% Of New Yorkers Will Get Coronavirus – Cuomo
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New York state Gov. Andrew Cuomo said Sunday morning that an estimated 40% to 80% of residents could get the…
Sanwo-Olu Orders Civil Servants To Stay At Home For Two Weeks
The Lagos State Government has declared two weeks break for civil servants in the state, the Governor has said.…
German Chancellor Angela Merkel To Self-Quarantine
German Chancellor Angela Merkel will self-quarantine after coming into contact with a person who tested positive…
Coronavirus supplies donated by Alibaba’s Ma arrive in Africa
A first planeload of protective and medical equipment donated to Africa by Chinese billionaire and Alibaba…
Wall Street braces for another bleak week, with coronavirus risks amplified
Wall Street analysts and investment managers expect another rough week for U.S. markets, as coronavirus cases and…
World Bank moving forward on first $1.7 billion in pandemic aid projects
The World Bank’s executive board is expected to consider later this week the first fast-track funds to help…
U.K. Warns of Further Crackdown If Britons Ignore Virus Advice
“This isn’t a game, it is very serious,” Housing Secretary Robert Jenrick told Sky News when asked if the…
South African President Meets Business Leaders as Virus Spreads
The country has escalated measures to curb the spread of the virus, including banning travel to and from various…
Bitcoin May Need Months to Recover, Fundstrat Chartist Says
Bitcoin’s technicals are in rough shape after its spectacular tumble last week and a recovery might take months,…
Airbnb Board Meets To Consider Raising Funds For Buying Assets
Airbnb Inc.’s board met this week to consider a wide range of options in response to the current economic crisis,…
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…
Spain Extends State Of Emergency As Death Toll Rises
Spanish Prime Minister Pedro Sanchez has been in meetings with health and security officials on Sunday morning, as…
Tunisia Allocates $850 Million To Combat Effects Of Coronavirus
Tunisia is allocating 2.5 billion dinars ($850 million) to combat the economic and social effects of the…
Forex Racketeering: CBN Fines Banks, BDCs Hundreds Of Millions For Infraction
THE Central Bank of Nigeria (CBN) reportedly fined major banks and bureau de change operators hundreds of millions…
Goldman Injects $1 Billion Into Own Money-Market Funds After Heavy Withdrawals
Goldman Sachs Group Inc poured more than $1 billion into two of its prime money-market portfolios this week due…
Osun State Government Suspends All Activity At Erin-Ijesha Waterfalls
Osun State Government has announced the suspension of activities at the Olumirin Waterfalls at Erinjesa…
Coronavirus: Delta, Emirates, Air France, Lufthansa, KLM, others suspend flights…
Mega international airlines based in the United States, Europe, Middle East and other parts of the world have…
U.S. FDA Approves First Rapid Coronavirus Test With 45 Minutes Detection Time
The U.S. Food and Drug Administration has approved the first rapid coronavirus diagnostic test, with a detection…
Flights Resume In New York After Brief Halt In Arrivals
The Federal Aviation Administration (FAA) temporarily halted flights arriving at New York City airports and…
World Leaders Set Aside $1.7trillion To Help Failing Economies
Governments around the world have announced massive amounts of fiscal stimulusthis week, aiming to limit the…
U.S Senators Explain Why They Sold Shares Before Coronavirus Crash
Two Republican U.S. senators defended themselves on Friday against heavy criticism, including calls that they…
Lagos State Bans Public Gatherings Of More Than 20 Persons
Lagos State Government on Saturday announced a reduction in the number of people allowed in public gatherings to…
Amazon To Stop Shipping Non-Essentials To Consumers In France And Italy
An Amazon spokesman said the company made the decision due to a spike in orders and the need to respect…
Google Launches Coronavirus Website In The U.S,
Alphabet Inc’, Google’s parent company said on Saturday it launched a new United States-focused website…
2.25m Americans Filed For Unemployment Claims This Year, The Highest In History
Americans are starting to lose their jobs in response to the coronavirus pandemic, and economists expect…
The Countries Hit Hardest By The Oil Price War
The recent plunge in oil prices has put the financially ravaged U.S. shale industry in the spotlight over the past…
UK Governments To Pay 80% Of Wages After Closing All Pubs To Curb Spread Of…
The UK government said Friday that it will subsidize the wages of any worker facing unemployment because of the…