Dow Has Best Day Since 1933 as Congress Nears Deal on Aid
The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal…
Coronavirus: Lagos on ‘Lockdown’ From Thursday 26 March 2020
Lagos state government has ordered the closure of all banks, offices, markets and courts in the state effective…
Banks in the UK close branches
Scores of bank branches are closed and others have restricted opening hours as a result of the coronavirus crisis.…
McDonald’s And Nando’s To Shut All Restaurants in the UK
McDonald's(MCD) and Nando's will close all their restaurants in the United Kingdom and Ireland starting Monday,…
China Trying To Revive Economy After Shutdown
China is trying to jump-start its huge economy without triggering a second wave of coronavirus cases. It's a…
IOC postpones 2020 Tokyo Olympic Games
The International Olympic Committee (IOC) has officially postponed the 2020 Tokyo Olympic Games after talks with…
Coronavirus: NPA, Shippers’ Council, And Lagos Courts On Lockdown
THE Nigerian Ports Authority, NPA, and the Nigerian Shippers Council, NSC, yesterday, shut down their…
BREAKING: CBN Retains MPR At 13.5% To Allow ‘Interventions Play Out’
The monetary policy committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the monetary…
IMF predicts negative outlook for global growth in 2020
International Monetary Fund, IMF has projected a negative outlook in 2020 for global growth following the…
Russia Asks Citizens To Go Cashless To Curb Spread Of Coronavirus
Russia has urged consumers and businesses to use digital payments rather than cash in an effort to slow the spread…
Stock Market Loses N260bn
Transactions on the floor of the Nigerian Stock Exchange on Monday witnessed another drop in share prices as…
Coronavirus: Carmakers answer pleas to make medical supplies
Car firms are answering calls from governments to help make more ventilators and face masks to help out during the…
Coronavirus Shuts Down Buhari Govt, FEC, NEC Suspended
Coronavirus literally shut down the Nigerian Government on Monday with the suspension of the weekly federal…
Nigeria Makes Brutal Oil Price Cuts. But Has It Gone Low Enough
Nigeria opened a new front in the oil price war between some of the world’s largest OPEC+ countries, offering to…
Recoveries At 100,000; Wuhan To Lift Lockdown
China plans to lift lockdown measures in Wuhan, the city subjected to a mass quarantine since the start of the…
Stocks Climb From Lowest Since 2016; Dollar Drops
Bill Ackman, Pershing Square Capital Management founder and chief executive officer, says he is going all long on…
NSE Shuts Trading Floors, Resorts To Remote Trading Because Of Corona Virus
Following the raging effect of COVID-19 in the country, the Nigerian Stock Exchange will temporarily close its…
NCDC Confirms 4 New Coronavirus Infections
The Nigeria Centre for Disease Control has announced four new coronavirus infections in the country.
The…
Canada Sees More Restrictions Coming As Coronavirus Cases Soar
Many Canadians can expect more restrictions after the number of coronavirus cases in the country jumped…
Johnson Announces Strict New Rules To Curb Coronavirus
Strict new curbs on life in the UK to tackle the spread of coronavirus have been announced by the prime…
Historic Fed Boost Fails To stop Wall Street’s Virus-Driven Sell-Off
Wall Street’s slide deepened on Monday as the rapidly spreading coronavirus forced more U.S. states into lockdown,…
Amazon Teams Up With Bill Gates-Backed Group To Deliver Coronavirus Test Kits
Amazon.com Inc (AMZN.O) is partnering with a research program funded by Bill Gates to pick up and deliver…
Merkel Tests Negative For Coronavirus
Angela Merkel’s initial test for coronavirus came back negative, a government spokesman said on Monday, adding that…
FIRS Generates N338bn in January
The Federal Inland Revenue Service, FIRS, collected tax revenue of N338.1 billion in January. The figure was…
Economic Shock From Coronavirus Already Bigger Than Financial Crisis — OECD Boss
The world will take years to recover from the coronavirus pandemic, the Organisation for Economic Co-operation…
Fed takes emergency action to stave off a depression
The Federal Reserve is signaling it will do whatever it takes to save the coronavirus-ravaged American economy…
UBA And Transcorp Postpone AGMs
United Bank for Africa (UBA) and Transcorp have announced the cancellation of their 2019 Annual General Meetings…
ABCON Directs BDCs To Comply With N380/$ Official Rate
The Association of Bureaux De Change Operators of Nigeria (ABCON) has directed bureaux de change (BDCs) across the…
Coal Is Now the World’s Most Expensive Fossil Fuel
Oil’s epic collapse over the past month means the global crude benchmark is now priced below the most widely…
U.S. Futures Reverse Drop, Bonds Up on Fed Pledge
U.S. equity futures reversed a decline and Treasuries extended an advance after the Federal Reserve on Monday…