Jeff Bezos to donate $100 million to American food banks
Jeff Bezos is donating $100 million to US food banks to help them feed a growing number of out-of-work Americans…
Coronavirus: FG To Evacuate Nigerians Abroad
The Ministry of Foreign Affairs has directed all its missions abroad to compile a list of willing Nigerian…
Coronavirus: Mexico stops brewing Corona beer
Mexico’s Grupo Modelo said on Thursday it will temporarily stop brewing Corona beer and other brands exported to…
US Alcohol Sales Increase As People Stockpile Drinks To Pass Time
The coronavirus pandemic has forced millions of Americans to stay home, and they're drinking a lot of alcohol to…
OPEC Calls For Emergency Meeting On Monday
OPEC will meet on Monday with Russia and other oil producers in the hope of agreeing supply cuts and ending a…
Coronavirus: FG Distributes Cash To Anambra, Katsina and Nasarawa Residents
The Federal Government's conditional cash transfer to the most indigent and vulnerable people across the country…
Nigeria’s Response To Coronavirus Is Remarkable – United Nations
The United Nations has praised Nigeria for it’s handling of the Coronavirus pandemic.
Nigeria, Africa’s most…
FCMB Group Records N188bn Revenue, Grows Profit to N20.1bn
FCMB Group Plc has announced its financial results for the year ended December 31, 2019. The audited results showed…
Economies In Freefall As Coronavirus Cases Exceed 1 Million
Global cases of the new coronavirus have shot past 1 million with more than 53,000 fatalities, a Reuters tally…
OPEC debates biggest-ever oil cut as Coronavirus destroys demand
OPEC and its allies are working on a deal for an unprecedented oil production cut equivalent to around 10% of…
Nigerian Breweries To Raise More Funds Via CP
Barely two months after brewery giant, Nigerian Breweries Plc launched series 5 and 6 Commercial Paper (CP) to…
Nigeria Says It Needs Radical Reforms After Oil Plunge
Nigeria is faced with an economic challenge that is unprecedented in its history and will need radical reforms…
When Will U.S. Economy Bottom? Economists Hunt For The Right View
Given how fast the situation has developed, judging when that happens in real time…
Google To Publish User Location Data To Help Fight Coronavirus
Google will publish location data from its users around the world from Friday to allow governments to gauge the…
Coronavirus: Worldwide Cases Exceed 1 Million
Just in the previous day, there were 6,095 new deaths - nearly double all fatalities in China, where the COVID-19…
Nigeria’s Foreign Reserves Drop To $35.51bn
The country’s foreign reserves have continued its downward trend dropping by $3.02bn from $38.53bn on January 2,…
Dangote Leads Gainers As Equity Market Ends On A Positive Note
The Nigerian equity market on Thursday closed on a positive note as Dangote Cement Plc led other gainers to halt…
Trump Says 3M ‘Will Have A Big Price To Pay’ Over Face Masks
President Donald Trump slammed 3M Co (MMM.N) in a tweet late on Thursday after earlier announcing he was invoking…
Trump’s Push For Huge Deal To Cut Oil Supply Draws Disbelief
He says Saudis, Russia could cut 10 million to 15 million b/d. Reduction of that size could still be too small amid…
Oil Prices Soar By A record 25% After Trump Hints At Production Cuts
Hopes are building for a truce in the brutal oil price war between Saudi Arabia and Russia, setting off a record…
Nigeria’s Total Public Debt Increases To N27.4tn – DMO
The Federal Government and the 36 states, as well as the Federal Capital Territory, owed a total N27.4tn as of…
African Countries Seek Debt Relief From World Bank
The ministers of finance from African countries have called for debt relief from bilateral, multilateral and…
Money Stuff: Banks Have Too Much Money Now
Reverse bank run
Here’s a thing you could do as a bank. You could take deposits: People and companies give you…
The coronavirus won’t end moviegoing, but it could change it
Last year was a good year for the film industry. The global box office brought in over $40 billion worldwide, even…
Osun State Government Confirms Six News Cases Of Coronavirus
Osun State Government on Thursday confirmed that six more Ivory Coast returnees tested positive for coronavirus.…
Coronavirus: African Economies May Take Three Years To Recover
It may take three years for African economies to recover from the slowdown brought by the Covid-19 pandemic,…
Coronavirus: Half of All Jobs in Africa Are At Risk
Africa may be two to three weeks away from the height of a coronavirus outbreak, but its impact is already wreaking…
Ministry Of Finance Asks Elon Musk For Ventilators On Twitter, And Nigerians Are…
Nigeria has shown interest in getting at least 100 to 500 free ventilators from Elon Musk, a South African-born…
Emirates To Resume Limited Passenger Flights
Emirates Airline said Thursday it is to resume a limited number of outbound passenger flights from April 6, less…
Dangote And Unilever Are Biggest Losers As Equity Market Loses N104bn
Transactions on the Nigerian equity market on Wednesday commenced the month of April on a downtrend as Unilever…