Coronavirus: Queen Elizabeth Cancels Birthday Plans
Britain’s Queen Elizabeth will not celebrate her 94th birthday in any special way and has asked that there be no…
Nigerian Customs Seize Smuggled Goods, Including Rice Worth N1.77bn
The Ogun Area 1 Command of the Nigeria Customs Service has intercepted 14,951 bags of foreign rice smuggled into the…
Ford Raises $8 billion Debt Securities After Virus Causes $2 billion Loss
Ford Motor Co (F.N) on Friday raised $8 billion from corporate debt investors to shore up its cash reserves as…
United Says Demand For Travel Is ‘Essentially Zero’ And Signals Layoffs
Air passenger traffic has virtually vanished, prompting airlines to slash their schedules. But cargo still needs to move by air.…
Lagos Sex Workers Slash Rates To Attract Customers During Lockdown
The noisome ambience reeked of marijuana and cigarettes as our correspondent walked down Ipodo Street on Tuesday evening. Sitting on…
Depressed Demand In Global Oil Market Forces Nigeria’s Bonny Light to $12
The dire effect of the Coronavirus pandemic on global demand for crude oil has hit Nigeria hard with one of…
Walmart Plans To Hire 50,000 Additional Employees To Keep Up With Demand
said Friday that it has reached its goal of hiring 150,000 additional employees. Now, it said it plans to add 50,000…
Recovered Coronavirus Patients Are Testing Positive Again
In South Korea, health officials are trying to solve a mystery: why 163 people who recovered from coronavirus have retested…
Lagos State Records 32 New Cases Of Coronavirus
Lagos State has recorded 32 new coronavirus cases, bringing the state total to 283, the Nigeria Centre for Disease Control…
Coronavirus: 4.5 Billion People Are In Lockdown Globally
Nearly six out of every 10 people around the world are currently forced or urged to stay at home to…
Volkswagen And Toyota Will Begin Reopening European Car Plants Next Week
The world’s biggest carmakers will gradually reopen plants in Europe starting next week, but with a focus on health and…
People Are Still Buying Beauty Products Despite Not Leaving Home
Demand for beauty products appears to be holding up even though hundreds of millions of consumers are not leaving their…
The US Dollar Is Still King During The Coronavirus
The economic shock of the last few weeks has shaken the United States economy, erased the last two and a…
Oil Crashes Below $18, The Cheapest Since 9/11
President Donald Trump’s victory lap for convincing Russia and Saudi Arabia to cut production looks awfully premature. US oil prices…
Cash Is king As U.S. Quarterly Reporting Season Gains Steam
As the U.S. quarterly earnings season picks up steam next week, investors will get an early glimpse of how…
Airbus Furloughs 3,000 French Aerospace Workers
Airbus (AIR.PA) will furlough some 3,000 French aerospace workers by tapping a government-backed scheme for four weeks starting from Monday,…
Nigeria’s Oil Hub Quarantines 22 Exxon Mobil Workers: River State Governor
Nigeria’s Rivers State has quarantined 22 Exxon Mobil Corp. employees for violating an order introduced last month restricting movement into…
Rwanda Uses Drones To Help Catch Lockdown Transgressors
Tech-savvy Rwanda is using drones to keep residents of the capital Kigali informed of coronavirus lockdown measures – and help…
Covid 19 Lockdown: Food, Liquor Stores Looted In South Africa
South Africans attacked police officers on the streets of Cape Town on Tuesday as the effects of a Coronavirus inspired…
COVID-19: China Hiding Information, Not Transparent – President Macron
French President, Emmanuel Macron has dismissed the idea that China’s handling of the Coronavirus epidemic was transparent. Macron said there…
Wall Street Climbs On Boeing, Trump’s Reopening Plan
Wall Street bounced on Friday, boosted by a surge in Boeing shares, with President Donald Trump’s plan to reopen the…
Dangote-Led Flood Committee Donates N1.5bn To Further Fight COVID 19 Pandemic
Bothered with the increasing trend and spread of Covid 19 pandemic, the Presidential Flood Relief and Rehabilitation Committee, set up…
BREAKING: Nigeria Gets Debt Relief From China, G-20
China and G-20 countries have agreed to give debt relief to the poorest countries in the world which are classified…
P&G Profit Beats Estimates As Shoppers Stock Up On Diapers And Toilet Rolls
Procter & Gamble Co (PG.N) beat Wall Street expectations for quarterly profit on Friday as consumers stockpiled on everything from…
Arsenal Players Set To Become First In Premier League To Agree Pay Cut
Arsenal players are set to be the first in the Premier League to agree to a pay cut after being…
Jeff Bezos Reveals What The U.S Needs To Do Before Reopening The Economy
The pressure is rising in the U.S. economy. Another 5.245 million Americans filed for unemployment insurance last week. In just four…
Nigerian Banks Recorded N11.44tn Online Transactions in March
Bank customers carried out a total of N11.44tn worth of financial transactions on the Point of Sales and Instant payment…
Don’t Expect Crude Demand Recovery Before July, Says OPEC
The demand for crude oil will not recover till the second half the year, the Organisation of Petroleum Exporting Countries…
China’s First Quarter GDP Shrinks For The First Time
China’s economy contracted for the first time on record in the first quarter as the coronavirus shut down factories and…
Coronavirus Will Likely Kill 300,000 African – UN Agency
The COVID-19 pandemic will likely kill at least 300,000 Africans and risks pushing 29 million into extreme poverty, the U.N.…