Nigeria: CBN To Integrate Non-Interest Window In Its Loans To SMEs, Households
The Central Bank of Nigeria (CBN) announced today that it has unveiled a framework that will integrate a…
UK To Replace Virus-Tracing App With Apple-Google Model
n a major U-turn, the UK is ditching the way its current coronavirus-tracing app works and shifting to a model…
Spotify Signs DC Superheroes For Podcasts
Spotify has announced a deal that will see superheroes and villains from DC Comics and Warner Bros star in…
Trump Renews Threat To Cut Ties With China
President Donald Trump on Thursday renewed his threat to cut ties with China, a day after U.S. Trade Representative…
Turning Off Political Ads On Facebook Could Have Unpredictable Consequences
It seems hard to believe now, but there was a time when political advertising was relatively uncontroversial. Sure,…
McDonald’s To Hire 260,000 Workers As It Reopens U.S. Dining Rooms
McDonald's said Thursday that it would hire 260,000 workers in the United States this summer.…
Trump Says Some Americans Wear Coronavirus Masks ‘To Signal Disapproval Of…
President Donald Trump said some Americans might wear face masks not as a way to prevent the spread of coronavirus…
Wirecard Shares Slump Over Missing €1.9bn
Shares in German payments company Wirecard have fallen more than 60% after the firm said its auditor had raised…
IMF Says Deeper-Than-Expected Contraction In U.S. Economy Likely In Second Quarter
A defacto lockdown in the United States has lasted longer than expected despite a rollback in some restrictions on…
Hertz Seeks Bankruptcy Loan After Suspending Stock Sale
Hertz Global Holdings Inc is in talks for a bankruptcy loan of up to $1 billion to fund its business reorganization…
Supreme Court Rules Against Trump’s Bid To End Program Shielding…
The Supreme Court ruled against President Donald Trump on Thursday in a set of cases over his effort to end the…
Facebook Takes Down Trump Ads Over ‘Organized Hate’ Policy
Facebook Inc (FB.O) said on Thursday it took down posts and ads run by the re-election campaign of U.S. President…
Nigeria: Stock Market Ends Four-Day Decline, Gains N22bn
The gains recorded by Nestle Nigeria Plc, Cadbury Nigeria Plc and eight other quoted companies helped the nation’s…
Nigeria: Naira Slumps To 452/$ As Speculations, Debt Weaken Market
The dollar exchanged for N452 at the parallel market on Wednesday over speculations by operators in the market and…
Coronavirus: Bank Of England Adds Another £100 Billion To Bond-Buying Program
The Bank of England on Thursday added another £100 billion to its quantitative easing program in a bid to shore up…
Amazon Plans To Show Premier League Matches For Free On Prime And Twitch
Amazon has announced that it is making all of its Premier League soccer matches free to watch on Amazon Prime and…
U.S. Weekly Jobless Claims Remain High, Second Wave Of Layoffs Blamed
A second wave of layoffs amid weak demand and fractured supply chains is likely keeping new U.S. applications for…
Nigeria: Inflation Hits 25-Month High At 12.40% In May
Nigeria’s rate of inflation, which is measured by the country’s Consumer Price Index, rose to 12.40 per cent in the…
Nigeria: FG, States, LGs Share N547bn For May
The Federation Accounts Allocation Committee on Wednesday at its virtual meeting shared to the three tiers of…
Stock Futures Flat In Overnight Trading
Stock futures were flat in overnight trading on Wednesday as investors continued to monitor an uptick in new…
Several U.S. Banks To Close Branches, Offices Early For Juneteenth
Several U.S. banks are closing branches and offices early on Friday to observe the Juneteenth holiday, which…
Facebook And Instagram Will Let Users ‘Turn Off’ All Political Ads For The 2020…
Critics say Facebook is actively enabling the spread of political misinformation online, but the social network has…
Steroid Should Be Kept For Serious Coronavirus Cases, WHO Says
A cheap steroid that can help save the lives of patients with severe COVID-19 should be reserved for serious cases…
Volkswagen Electric SUV Leaked Months Ahead Of Release
Volkswagen’s first all-electric SUV, the ID 4, has broken cover thanks to leaked images from China’s Ministry of…
Lyft Says ‘100 Percent’ Of Its Vehicles Will Be Electric By 2030
Lyft announced a plan on Wednesday to transition to “100 percent” electric or zero-emission vehicles by 2030. By…
US Says A UK Trade Deal ‘Unlikely’ Before November
America's top trade negotiator has said a deal with the UK is unlikely before the US presidential election in…
House To Vote To Make Washington D.C. The 51st State In The U.S
Democrats controlling the House have slated a vote next week to make the District of Columbia the 51st state, an…
Uber To Make Juneteenth And Election Days Around The World Company Holidays
Uber will honor Juneteenth and elections days around the world as company holidays, CEO Dara Khosrowshahi announced…
Google Commits $175 Million To Black Businesses And Promises To Diversify…
Google and Alphabet CEO Sundar Pichai told employees it will commit to more than $175 million toward funding more…
Volkswagen To Pay $267 Million For Audi Buyout
Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi, Audi said on…