Forex Racketeering: CBN Fines Banks, BDCs Hundreds Of Millions For Infraction
THE Central Bank of Nigeria (CBN) reportedly fined major banks and bureau de change operators hundreds of millions…
Goldman Injects $1 Billion Into Own Money-Market Funds After Heavy Withdrawals
Goldman Sachs Group Inc poured more than $1 billion into two of its prime money-market portfolios this week due…
Osun State Government Suspends All Activity At Erin-Ijesha Waterfalls
Osun State Government has announced the suspension of activities at the Olumirin Waterfalls at Erinjesa…
Coronavirus: Delta, Emirates, Air France, Lufthansa, KLM, others suspend flights…
Mega international airlines based in the United States, Europe, Middle East and other parts of the world have…
U.S. FDA Approves First Rapid Coronavirus Test With 45 Minutes Detection Time
The U.S. Food and Drug Administration has approved the first rapid coronavirus diagnostic test, with a detection…
Flights Resume In New York After Brief Halt In Arrivals
The Federal Aviation Administration (FAA) temporarily halted flights arriving at New York City airports and…
World Leaders Set Aside $1.7trillion To Help Failing Economies
Governments around the world have announced massive amounts of fiscal stimulusthis week, aiming to limit the…
U.S Senators Explain Why They Sold Shares Before Coronavirus Crash
Two Republican U.S. senators defended themselves on Friday against heavy criticism, including calls that they…
Lagos State Bans Public Gatherings Of More Than 20 Persons
Lagos State Government on Saturday announced a reduction in the number of people allowed in public gatherings to…
Amazon To Stop Shipping Non-Essentials To Consumers In France And Italy
An Amazon spokesman said the company made the decision due to a spike in orders and the need to respect…
Google Launches Coronavirus Website In The U.S,
Alphabet Inc’, Google’s parent company said on Saturday it launched a new United States-focused website…
2.25m Americans Filed For Unemployment Claims This Year, The Highest In History
Americans are starting to lose their jobs in response to the coronavirus pandemic, and economists expect…
The Countries Hit Hardest By The Oil Price War
The recent plunge in oil prices has put the financially ravaged U.S. shale industry in the spotlight over the past…
UK Governments To Pay 80% Of Wages After Closing All Pubs To Curb Spread Of…
The UK government said Friday that it will subsidize the wages of any worker facing unemployment because of the…
U.S. To Send Envoy To Saudi Arabia; Texas Suggests Oil Output Cuts
The Trump administration plans to send a special energy envoy to Saudi Arabia to work with the kingdom on…
Italy Calls In Military To Enforce Coronavirus Lockdown As 627 People Die In 24…
Soldiers were being drafted in to help enforce the lockdown in Italy on Friday as officials announced 627 new…
Germany Prepares 150 Billion Euro Emergency Budget In Coronavirus Package
Germany is readying an emergency budget worth more than 150 billion euros ($160 billion) to shore up jobs and…
U.S. Coronavirus Stimulus To Be Worth ‘North Of $2 Trillion’ -White…
The White House expects the impact of economic stimulus to counter the effects of coronavirus to be more than $2…
How Sham Trades Tricked Germany Out Of Billions
Two British bankers were handed suspended jail sentences on Wednesday and one told to pay a 14 million euro penalty…
British Banker Hit With 14 Million Euro Penalty In German Fraud Trial
Two British bankers were handed suspended jail terms on Wednesday and one a 14 million euro penalty in Germany’s…
Wall Street Weekahead: Coronavirus Uncertainty Muddies Views On Buying…
U.S. stock valuations are tumbling in the wake of the coronavirus-fueled market rout, but determining when…
Coronavirus Stay-At-Home Directives Multiply In Major U.S. States
New Jersey’s governor was expected on Saturday to follow four other states - California, New York, Illinois and…
Exclusive: Amazon Raises Overtime Pay For Warehouse Workers
Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses, as the…
LVMH Orders 40 Million Masks From China For France
LVMH (LVMH.PA), the world’s biggest luxury goods group, is ordering 40 million health masks from a Chinese…
Boeing Suspends Dividend Payment
Boeing Co (BA.N) will cancel CEO pay, suspend its dividend and extend a pause on share buybacks, the U.S.…
Breaking: Nigeria Announces 10 New Coronavirus Cases
The Minister of Health, Dr Osagie Ehanire, who disclosed this on Saturday on his tweeter handle @drEOEhanire,…
Coronavirus Deaths In Italy Overtake China As Economic Damage Mounts
The world’s richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases…
Coronavirus: Nigeria’s Aviation Industry To Lose N160bn, 22,200 Jobs
The disruption to air travel due to the continued spread of coronavirus will cost Nigeria’s aviation industry…
Emirates Airline Suspends Flights To Nigeria, New York, France, Germany
Emirates, one of the world’s biggest international airlines, is suspending all flights to Nigeria, France, Germany,…
BREAKING: FG shuts Lagos, Abuja airports Monday
The Federal Government says the Murtala Muhammed International Airport, Lagos; and Nnamdi Azikwe International…