Nigerian Stocks Rise To 8-Week As Oil Prices Gain
Nigerian stocks climbed to an eight-week high on Wednesday lifted by gains in shares of energy companies after global oil…
GM Facility To Continue Building Ventilators After Completing $489.4 Million Government Contract
A former General Motors auto facility in Indiana will continue building critical-care ventilators following the expected completion of a $489.4…
Nigeria: Unilag Crisis Deepens As Council Appoints New Acting VC
Following the removal of Prof Oluwatoyin Ogundipe as vice-chancellor, University of Lagos (UNILAG), the governing council has appointed Prof Omololu…
OPEC Trims 2020 Oil Demand, Sees Doubts About 2021 On Virus Fallout
World oil demand will fall more steeply in 2020 than previously forecast due to the coronavirus and there are doubts…
Nigeria Customs Arrests Two Lebanese With $890,000 At Port Harcourt Airport
The suspects were on Wednesday handed over to the Zonal office of the Economic and Financial Crimes Commission for investigation.…
Depression-Like Collapse Is Sparking A Wartime-Type Boom, Market Bull Jim Paulsen Predicts
Stocks may see a super-sized comeback deep into next year. The Leuthold Group’s Jim Paulsen sees the depression-like collapse setting…
Uber CEO Says Its Service Will Probably Shut Down Temporarily In California If It’s Forced To Classify Drivers As Employees
Uber would likely shut down temporarily for several months if a court does not overturn a recent ruling requiring it…
FG Mobilises Flights To Evacuate Nigerians From UAE
The Federal Government, yesterday, said three aircraft had been deployed to evacuate Nigerians from Dubai, United Arabs Emirate (UAE) before…
Russia Says Vaccine Could Be In Use By November And Has Been Developed Over Six Years
Russia has effectively been working on its coronavirus vaccine for the past six years, according to the head of the…
Coronavirus Live Updates: Singapore Reports Lowest Daily New Cases In Months
Chart of daily new coronavirus cases in the U.S. with data through August 11, 2020. The following data was compiled…
Sumner Redstone, Billionaire Media Tycoon, Dead At Age 97
Sumner Redstone, the media mogul who built his family’s drive-in theater chain into a multibillion-dollar empire encompassing CBS and Viacom…
Futures Jump As Higher Oil Prices Boost Energy Stocks
U.S. stock index futures rose on Wednesday following a pullback on Wall Street in the previous session, as resilient fuel…
Winter Is Coming: Why America’s Window Of Opportunity To Beat Back Covid-19 Is Closing
The good news: The United States has a window of opportunity to beat back Covid-19 before things get much, much…
Where Kamala Harris Stands On Coronavirus Masks, Stimulus Checks And Other Pandemic Spending
Joe Biden’s pick of California Sen. Kamala Harris as his running mate brings him a powerful ally in the fight…
SoftBank-Backed Plenty To Supply 430 Albertsons Stores In California
Vertical farming company Plenty, an ag-tech unicorn backed by SoftBank, announced Wednesday a partnership with Albertsons, marking the company’s first…
Nigeria: UNILAG Governing Council Sacks Vice Chancellor
The Vice Chancellor of University of Lagos (UNILAG), Professor Olawatoyin Ogundipe, has been sacked by the governing council of the…
U.S. Consumer Prices Push Higher; High Unemployment Likely To Keep Lid On Inflation
U.S. consumer prices rose more than expected in July, with a measure of underlying inflation increasing by the most in…
Exclusive: U.S. ban on TikTok could cut it off from app stores, advertisers – White House document
President Donald Trump’s executive order banning China’s TikTok could prevent U.S. app stores from offering the popular short-video app and…
GTB Dollar Spending Limit Hits Record Low — $100 Per Month
Guaranty Trust Bank (GTB) has lowered the international spending limit on its naira Mastercard to $100 a month. This was…
Gold Slumps Below $1,900 As U.S. Dollar, Yields Rise
Gold dropped more than 2% to break below the key $1,900 per ounce level on Wednesday as a resurgent dollar…
Is Nigeria ‘Officially Broke’? Why Prominent Economist’s Warning Needs A Larger View
“Our government is broke. And it’s official.” This was the alarming opening of Dr Obadiah Mailafia’s regular “Scenarios” column in…
Forex Pressure To Hit Operators Earnings’
Foreign exchange (forex) liquidity pressures are expected to lead to a rise in forex-linked costs to and exert downward pressure…
State Department Will Evacuate Americans From Cruise Ship, First Death Confirmed In Europe
8:12 pm: China announces policies to support businesses hit by virus The China Banking and Insurance Regulatory Commission (CBIRC) issued…
Nigeria: Country That Pardons Terrorists Wants To Kill Man For Blasphemy
President of Omega Fire Ministries Worldwide Apostle Johnson Suleman has reacted to the death sentence handed down to a 22-year-old…
U.S. Airline Stocks Ease Off Of Multi-Week Highs As S&P 500 Gives Up Gains
U.S. airline stocks Tuesday hit their highest prices since mid-June, but the rally, led by more customers returning to air…
Tesla Announces Five-For-One Stock Split
Tesla announced a five-for-one stock split on Tuesday evening. The split goes into effect on August 31. Tesla shares rose…
Nigeria: Sanwo-Olu heads APC’s 104-man Ondo Campaign Council (Full List)
Governor Babajide Sanwo-olu has been named the chairman of the 104-member All Progressives Congress( APC) National Campaign Council for Ondo…
Scientists Worry Whether Russia’s ‘Sputnik V’ Coronavirus Vaccine Is Safe And Effective
Scientists and public health officials are skeptical about Russian President Vladimir Putin’s claim that the country’s potential vaccine for the…
Former FDA Chief Dr. Scott Gottlieb Wary Of Safety Of Russia’s Coronavirus Vaccine: ‘I Wouldn’t Take It’.
Dr. Scott Gottlieb is wary of the safety and effectiveness of a new coronavirus vaccine touted by Russian President Vladimir…
Nigeria: Crisis In University Of Lagos Takes New Dimension, Governing Council Meeting Moved To Abuja
The University of Lagos has fixed an emergency governing council meeting for August 12, 13 and 14, after it indefinitely…