US Unemployment Claims Hit Record High
The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a…
Wives Rejoice And Traders Despair As Coronavirus Halts ‘Khat’ Supply…
Before the coronavirus hit, Muna Nur Farah had started to hate her husband. He’d slink into their home in the…
Over Half Of Americans Are Postponing Weddings—Till When, Few Know
One of the last weddings performed in public in Las Vegas was on St. Patrick’s Day. The groom wore a dark suit.…
US Fed Takes On Role Of World’s Central Bank By Pumping Out Dollars
Unveils new repurchase facility for foreign central banks. Dollar squeeze threatens world economy reeling from…
Mask Or No Mask? This Is What The Virus Experts Say
As the Covid-19 pandemic has unfolded, authorities in different places have said different things about whether…
Trapped by Coronavirus, Nigeria’s Elite Faces Squalid Hospitals
Border closures mean the powerful can’t seek treatment abroad. Nigeria has 75,000 doctors, far below WHO…
Atedo Peterside Quits NB Board
Mr Atedo Peterside Wednesday resigned from the board of directors of Nigerian Breweries Plc.
The company…
FG Begins Distribution Of N20,000 Relief Fund To Poor Nigerians
The Nigeria Government on Wednesday commenced the disbursement of N20,000 Conditional Cash Transfer to poor homes…
British Banks Cancel Payment Of Dividends To Shareholders
Britain’s banking sector on Wednesday scrapped billions of pounds (dollars) in shareholder dividends and share…
EU Agency warns Against Use Of Chloroquine Except In Case Of ‘National…
Anti-malarial drugs chloroquine and hydroxychloroquine should only be used to treat COVID-19 in clinical trials or…
Coronavirus: Wimbledon Cancelled For The First Time Since World War II
Wimbledon organisers on Wednesday scrapped the grasscourt Grand Slam for the first time since World War II as the…
Breaking: Nigeria Records 23 New Cases Of Coronavirus
Nigeria has recorded 23 new cases of coronavirus, bringing the total number of infections in the country to 174.…
Ikeja electric suspends disconnection activities
Ikeja Electricity Distribution Company(Ikeja Electric) has announced the suspension of all disconnection activities…
For The First Time in 44 years, China’s economy may not grow at all
China's economy is showing some tentative signs of recovery from the devastation caused by the novel coronavirus …
Coronavirus: Facebook To Roll Out New Feature That Lets Neighbors Volunteer To…
Facebook (FB) is rolling out a new tool that lets its users offer or request help from their neighbors during the…
Twelve New Cases Of Coronavirus Detected In Nigeria
The Nigeria Centre for Disease Control has announced twelve new cases of Coronavirus in Nigeria.
The NCDC in a…
Coronavirus Will Push Millions Into Poverty – World Bank
The financial impact of coronavirus will stop almost 24 million people from escaping poverty in East Asia and the…
Coronavirus: US Unemployment To Hit 15% – Goldman Sachs
After a dismal winter, China's economy is showing signs of life. But a recovery in Asia won't paper over problems…
China’s ports brace for second hit as virus spread wipes out exports
With Beijing reporting only sporadic domestic transmission of the coronavirus since March, workers have been…
NERC suspends electricity tariff increase
The Nigerian Electricity Regulatory Commission has suspended the proposed increase in electricity tariffs initially…
China’s Divorce Spike Is A Warning To Rest Of Locked-Down World
Chinese media have been filled with reports of conjugal strife. Shanghai-based online publication Sixth…
Nigerian Naira Black-Market Rate Weakest In Three Years
The Nigerian currency depreciated to its weakest level since February 2017 in the unofficial black market after the…
Standard Bank Withdraws Guidance Over COVID-19
Standard Bank on Tuesday withdrew its financial guidance citing uncertainty caused by the coronavirus (COVID-19)…
MTN Mulls Phased Sale Of Nigerian Stocks To Local Investors
MTN Group has said it would push on with a plan to reduce its majority stake in the wireless carrier’s Nigerian…
China’s Finance World Opens Up to Foreigners, Sort Off
While the trade war was crimping the flow of goods between the U.S. and China, the Chinese government was opening…
Stock market Lost N10bn In March
Activities on the floor of the Nigerian Stock Exchange on Tuesday ended the month of March on the negative rout as…
US Fed Goes Global, No V-Shape Recovery, China Worst Over
Trump set to announce 90-day deferral for some tariff payments. Oil’s apocalyptic April set to reverberate for…
Breaking: FG Reduces Price Of Petrol To N123.5/Litre.
The Federal Government on Tuesday night announced the reduction in the price of petrol from N125/litre to…
US Fed Sets Up Scheme To Meet Booming Foreign Demand For Dollars
Central bank meets global shortage of greenbacks after scramble for safety. Investors and companies have flocked to…
Why Is The US Fed´s Unlimited Money-Printing Scheme Dollar Positive In Coroanvirus…
Why the Fed´s unlimited money-printing scheme is dollar positive in coroanvirus times
The Fed's "buy…