Calls For Debt Relief For Developing Economies Intensifies
More than 100 global organisations are calling for debt payments of developing countries to be dropped this year.…
Petrol Subsidy Gone Forever, Says NNPC
The era of subsidy on petrol is gone forever, the Group Managing Director, Nigerian National Petroleum Corporation,…
Fitch Downgrades Nigeria To ‘B’ Negative Outlook
Fitch Ratings has downgraded Nigeria’s long-term foreign-currency issuer default rating to ‘B’ from ‘B+, which…
Airbnb Hosts Defy Lockdown Laws With ‘Covid-19 Retreats’
Airbnb hosts advertising properties as coronavirus hideouts are "dangerous and irresponsible", the government says.…
Nigeria Records 6 New Cases Of Coronavirus, Total Cases Now 238
The Nigeria Centre for Disease Control announced six new coronavirus cases in Nigeria bringing the total cases in…
Coronavirus: UK Car Registration Drops By 40%
New car registrations for March saw a steeper fall than during the financial crisis, according to the motor…
‘Africa Cannot And Will Not Be A Testing Ground For Any Vaccine’, WHO…
The World Health Organization chief angrily slammed recent comments made by scientists suggesting a vaccine for the…
Buhari Approves Recruitment Of 774,000 Nigerians To Cushion Effect Of Coronavirus
President Muhammadu Buhari on Monday approved the engagement of 774, 000 Nigerians on a Special Public Works…
Stocks Surge Going Into Close On Easing Virus Toll
Oil slips after forecast for large stockpile gain; Gold rises. Utilities lead S&P higher; Dow gains more than…
BREAKING: Boris Johnson Is Moved to Intensive Care With Covid-19 Worsening
Official says U.K. prime minister in case he needs ventilation. Foreign Secretary Dominic Raab to stand in for…
India Shuts Railways As Trains Turn Into Makeshift Hospitals
When Prime Minister Narendra Modi imposed a nationwide lockdown on March 25, Indian Railways took the…
KFC Tells S.African Landlords It Won’t Pay Rents During Lockdown
KFC-owner Yum! Brands Inc. has told landlords in South Africa that the U.S. firm won’t be paying rent while outlets…
Nigeria To Borrow $6.9 Billion To Counter Coronavirus Spread
State to tap IMF rapid-credit facility, expects funds by May. Minister says talks are underway for two-year debt…
S. Africa’s Economy May Shrink By As Much As 4%, Reserve Bank Says
South Africa’s economy could contract by 2% to 4% this year due to the coronavirus pandemic and measures to curb…
Uganda Slashes Interest Rate To Record Low Of 8% As Coronavirus Bites
Uganda’s central bank cut its policy rate by 100 basis points on Monday to 8% to support the economy which has…
Equity Market Depreciated By 3.5% Last Week
Following rising cases of coronavirus in Nigeria, the domestic bourse on Friday recorded further extended weekly…
BREAKING: Buhari Orders $150m Withdrawal From NSIA To Augment FAAC Disbursement
President Muhammadu Buhari has ordered that $150 million be withdrawn from the National Sovereign Investment…
NCC Clears The Air Over Conspiracy Theory Linking 5G And Coronavirus
The Nigerian Communications Commission, NCC, has released a statement on the conspiracy theory linking the…
Increased Chip Sales Unlikely To Cushion Samsung’s Virus Hit Quarter Profit
The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics’…
Coronavirus: Air Peace Delivers FG’s medical Supplies From Turkey
The Federal Government has taken delivery of medical supplies from Istanbul, Turkey, to fight the coronavirus…
Dangote Cement to raise N100bn in fresh bond
Dangote Cement Plc has said it is seeking to b up to N100bn from the bond market under its N300bn Debt Issuance…
Breaking: Police Arrest Funke Akindele For Hosting House Party During Lockdown
The Lagos State Police Command has arrested Funke Akindele for hosting a party in contravention of the lockdown…
India Bans All Exports Of Hydroxychloroquine After Trump Calls It ‘Game…
India banned all exports of hydroxychloroquine, a malaria drug that President Donald Trump has repeatedly touted as…
Coronavirus: Emirates Airline Seeks Billions In Loans
Emirates is seeking to raise billions of dollars from loans after the coronavirus forced the airline to ground its…
Trump Threatens Tariffs On Oil Imports To ‘Protect’ U.S. Energy…
“If I have to do tariffs on oil coming from outside or if I have to do something to protect our ... tens of…
How Low Will Oil Price Go And Who Will Blink First?
OPEC has portrayed itself as a source of stability in a chaotic world
But the cartel undercut that argument last…
Coronavirus: Cannabis Companies Start Filing For Bankruptcies
The cannabis bankruptcy filings are starting to roll in.
Already plagued by a tough regulatory environment,…
Nigeria Records 10 New Cases Of Coronavirus
Nigeria has recorded 10 new cases of coronavirus in the Federal Capital Territory, Abuja, Lagos, and Edo States,…
How Coronavirus Could Exacerbate Domestic Violence ‘It’s Not Safe To Leave…
Coronavirus is exacerbating a problem that already exists and hasn’t been adequately addressed: Survivors of…
Nigeria Records Five New Cases Of Coronavirus
Nigeria has five new confirmed cases of coronavirus, according the Nigeria Centre for Disease Control.
Three of…