Renault Prepares For 15,000 Job Cuts
Image copyright Getty Images Struggling French carmaker Renault is said to be planning 15,000 job cuts around the world as it tries to contain losses amid the p
Global Economy Risks $82 Trillion To COVID-19 Damage
Findings by the Centre for Risk Studies at the University of Cambridge Judge Business School has revealed that world economy may suffer as much loss as $82 tril
Facebook's Zuckerberg Defends Actions On Virus Misinformation
Mark Zuckerberg told a news media's Simon Jack that Facebook would 'take down' coronavirus misinformation Facebook founder Mark Zuckerberg has told a news media
Amazon Calls For US Federal Law To Ban Price Gouging
WASHINGTON (AFP)Amazon called on Wednesday (May 13) for a US federal law to prohibit price gouging during a national emergency, saying new standards are needed
Nigeria’s Bonny Light Crashes, Falls Below $20 Per Barrel
Nigeria in deeper revenue crisis as the price of Bonny light fell below the prices of Brent crude and the US headline WTI crude. Available information from Oilp
Coronavirus: Five Firms Seeing Sales Boom In The Lockdown
Image copyright AFP People sharing a drink with friends on video calls have given wine sellers a new opportunity For several businesses, coronavirus is the toug
Experts Explain Why Interbank Rates Will Remain Depressed
Experts have projected that the interbank rates at the Nigerian money market will remain depressed in the meantime despite the bi-weekly retail auction that is
Coronavirus: Lockdown Should Ease To Help Economy, Says Philip Hammond
Image copyright Getty Images Cafes and shops closed in Brixton market, south London. Previous chancellor Philip Hammond has urged the government to set out its
US Oil Prices Turn Negative As Demand Dries Up
Image copyright Getty Images The price of US oil has turned negative for the first time in history. That means oil producers are paying buyers to take the commo
World Bank Warns South Asia's Economic Growth To Slump
Image copyright Getty Images Low paid workers in countries like India could bear the brunt of economic decline South Asia faces its worst economic performance i
My Beauty Business Takes 90 Percent Of My Time, Nollywood Takes The Rest – Biodun Okeowo
Nollywood actress, Biodun Okeowo a.k.a Omoborty has come out to talk about her curves. According to her, she was once shy of flaunting her body until social med
'Infrastructure Revolution' In March Budget
Image copyright Getty Images Chancellor Sajid Javid has set 11 March as the date for his first Budgetthe first since the general election. Mr Javid says billion
WhatsApp Adds Shopping Catalogue Feature, Courting E-Commerce
Facebook Inc on Thursday (Nov 7) launched a catalogue feature for its WhatsApp messaging app, it said in a blog post, building out the service's e-commerce tool
Former Twitter Employees Accused Of Spying For Saudi Arabia
Image copyright Getty Images Two former employees of Twitter have been charged in the US with spying for Saudi Arabia. The charges, unsealed on Wednesday in San
WhatsApp Sues Israeli Firm Over Phone Hacking Claims
Image copyright Getty Images WhatsApp us suing an Israel organization, accusing them of creating a software to spread malware. Facebook-owned WhatsApp has filed
Yahoo Is Down: Website And Mail Client Not Working In Major Outage
YAHOO website and its popular Mail client are currently not working this morning in a severe outage that appears to be affecting hundreds of users. Yahoo Mail h
Sony To Move Europe Headquarters To Avoid Brexit Disruption
Image copyright Getty Images Sony will have to move its European headquarters from the UK to the Netherlands to avoid disruptions caused by Brexit. According to
Scottish Power To Use 100% Wind Power After Sale To Drax
Image copyright PA Scottish Power will become the first major UK energy company to generate all its electricity from wind power instead of coal and gas, after s
Operators Fault Government’s Infrastructure Financing Involvement
PHOTO: George Osodi/Bloomberg CIS pledges advocacy role to boost bourse Capital market operators have faulted government's level of financial involvement in the
Uncertainty And Nigeria’s Foreign Reserves
dollar PHOTO:AFP CBN's strategy, oil prices tame exchange pressure Uncertainty is not a language of investment, rather, an enemy and speculative, says an econom