Lyft Advices Drivers To Work For Amazon
Amazon is teaming up with Lyft Inc. on recruiting the ride-hailing company’s drivers to deliver packages and…
WeWork Cuts Another 250 Jobs in Further Attempt to Trim Costs
continued to cut more staff as part of a months-long effort to lower expenses after its failed initial public…
Coronavirus: Virgin Atlantic to seek bailout in coming days
Virgin Atlantic is expected to ask for a government bailout worth hundreds of millions of pounds in the coming…
Dow Records Best Week since 1938 Despite Closing Lower
US stocks finished the session in the red on Friday, but that still managed to post on if it’s best week ever.…
Google is donating $800 million to help with the coronavirus crisis
Google is committing to donate more than $800 million to support businesses, organizations and healthcare workers…
Suspend VAT immediately, Tinubu tells FG
All Progressives Congress stalwart, and former Governor of Lagos State, Bola Tinubu, has asked the Federal…
Global oil refiners shut down as coronavirus destroys demand
The first oil refinery shutdowns in India and Europe were announced on Friday while global refinery runs drop like…
Fitch cuts UK credit rating to AA-
Agency says government borrowing levels are set to rise and outlook remains…
Wall Street tumbles as U.S. virus cases pass 100,000
Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S.…
Africa: $100 Billion Needed. A Fraction Promised
Governments across sub-Saharan Africa have closed borders, canceled flights and told citizens to stay indoors to…
After More Than 25 Years South Africa Is Now Junk With Moody’s Too
South Africa has lost its Moody’s Investment Services investment-grade credit rating more than 25 years after it…
The Fed Brings The Global Financial System Back From The Abyss
Sitting calmly in front of a bookshelf filled with thick volumes of the “Federal Reserve Bulletin,” Jerome Powell…
Nigeria Will Go Into Recession If COVID-19 Continues Beyond Six Months – Finance…
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has warned that Nigeria may go into…
Toyota To Make Face Masks In U.S. To Aid Coronavirus Battle
Toyota Motor Corp’s, North American unit said on Friday it would produce face shields, ventilators and respirators,…
Apple Works With White House To Release ‘COVID-19’ App, website
Apple Inc and the White House said on Friday that the iPhone maker worked with the Trump administration and federal…
Breaking: Davido’s Fiancée, Chioma Tests Positive For Coronavirus
Singer David Adeleke, aka Davido, has said his fiancée, Chioma, has tested positive for coronavirus.
The singer…
‘Clear We Have Entered Recession’ – IMF Chief
The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help…
Designer Brand Ralph Lauren To Make Masks And Gowns
Ralph Lauren is to start making medical masks and gowns - the latest designer brand to lend its support to the…
Zimbabwe Returns To Use Of Foreign Currency As Own Currency Crashes
Zimbabwe’s government, which banned use of the dollar nine months ago, has restored the peg its currency had to the…
Coronavirus: US Asks Foreign Doctors To Apply For Visa
The United States has asked medical professionals seeking to work in America to apply for a work visa at the…
European Shares Fall As EU Postpones Rescue Plan
The pan-European STOXX 600 index started the day about 2% lower, then fell further to trade down 3.7% at 1210 GMT…
Dangote Loses $2.5bn In One Month But Remains Africa’s Richest Man
Africa's richest man, Aliko Dangote, saw his total net worth drop by $2.5bn in the last 30 days, according to…
Coronavirus: Air France-KLM Evacuates European Nationals From Nigeria
An aircraft operated by Air-France KLM on Thursday arrived at the Murtala Muhammed International Airport, Lagos to…
CBN Grants Two-Weeks Market Holidays To Bureau De Change Operators
The Central Bank of Nigeria (CBN) has granted a two-week market holiday to the Bureau De Change (BDC) operators.…
Coronavirus To Cause Condom Shortage Worldwide
Malaysia’s Karex Bhd (KARE.KL) makes one in every five condoms globally. It has not produced a single condom from…
Coronavirus: China bars foreign visitors as imported cases rise
China has announced a temporary ban on all foreign visitors, even if they have visas or residence permits.
The…
Russia calls for new enlarged OPEC deal to tackle oil demand collapse
A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of…
Coronavirus: Tesco restricts online orders to 80 items each
Supermarket Tesco has said that online shoppers will have their deliveries capped at 80 items from now on.
In an…
Coronavirus: Prime Minister Boris Johnson Tests Positive
Prime Minister Boris Johnson has tested positive for coronavirus.
Mr Johnson said he developed mild symptoms over…
G20 leaders to inject $5 trillion into global economy in fight against coronavirus
Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy…