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Recession is here already – Bank of America

World economy to shrink by 12% in Q2– Bank of America

Bank of America (BofA) has projected that the global economy would shrink by 12% by the end of Second quarter of 2020.
EPL clubs to be fined £37 million each if 2019/2020 season is cancelled due to Coronavirus

EPL clubs to be fined £37 million each over suspension of matches

The EPL clubs might be fined £37 million each by broadcasters if the 2019/2020 season is cancelled following the suspension of matches due to the spread of coronavirus in the UK.
US approves chloroquine as treatment for coronavirus COVID-19, Nigeria U.S. Donald Trump-oil prices

UPDATE: US approves chloroquine as treatment for COV-19

The United States Government has approved Chloroquine, an anti-malaria drug, for use as a treatment against the coronavirus disease.
Canada invites fresh 3,500 candidates to apply for permanent residence, Canadian Study Permit: Nigeria ranks 8th highest receiver in 2019, Canada invites 4,500 Express Entry Candidates, as cut-off score drops to 470, COVID-19: Canada shuts borders to ALL countries except US

COVID-19: Canada shuts borders to ALL countries except US

Canada has closed its borders to nationals from all countries except the United States of America. 
Donald Trump. Oil price, US finally includes Nigeria into travel ban list, exempt certain visas, Oil price slumps, as U.S. bans travel from Europe, Coronavirus

Trump’s coronavirus test result out as US extends European travel ban

The American President, Donald Trump, who had submitted himself for examination, has tested negative for the coronavirus disease.
Bill Gates, GDP, Unlike Nigerians, Bill Gates addresses Dangote differently 

Bill Gates steps down from Microsoft’s board, faces philanthropy

Microsoft has disclosed that its co-founder, Bill Gates has decided to step down from his role on its Board of Directors in order to focus on his philanthropic efforts at the Bill & Melinda Gates Foundation.
Geoffrey Okamoto to join IMF as First Deputy Managing Director, replacing Lipton

Geoffrey Okamoto to join IMF as First Deputy Managing Director, replacing Lipton

Geoffrey Okamoto is set to join the International Monetary Fund (IMF) as Deputy Managing Director following the proposal of Kristalina Georgieva.
Norwegian Air to lay off employees due to coronavirus

Norwegian Air to temporarily lay off half of employees

Norwegian Air has announced that due to the coronavirus outbreak, and in order to cut costs, it would relieve about half of its staff of their duties.
Canada introduces program to fast-track Study permits from Nigeria, invite 3,900 new candidates

Canada invites 3,900 new PR candidates, introduces new programme to attract Nigerians

The Canadian Government has invited new 3,900 Express Entry candidates to apply for permanent residency in its latest draw, introduced new programme to attract more Nigerians
Donald Trump. Oil price, US finally includes Nigeria into travel ban list, exempt certain visas, Oil price slumps, as U.S. bans travel from Europe, Coronavirus

Oil price slumps, US extends travel ban to Europe

Oil prices have slumped again on Thursday, following the declaration of a travel ban on European countries into the United States.

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COVID-19: Lagos State to begin curfew on Sunday to disinfect metropolis

COVID-19: Lagos discharges 11 patients

The Lagos state government has discharged 11 of the Coronavirus patients from the Infectious disease centre in Yaba
Nigeria welcomes its first Bitcoin ATM

Nigeria welcomes first Bitcoin ATM

Bitcoin ATMs have increased in popularity around the globe because of the easier options they provide to consumers in buying or selling bitcoin.
COVID-19: Nigeria, other African countries to collaborate with tech giants over misinformation

COVID-19: Nigeria, others to collaborate with Tech giants to curb misinformation

Africa is now experiencing a sharp rise in the number of confirmed cases of the coronavirus disease which was predominant in Asia and Europe.

Huawei releases 2019 annual report, announces solid business performance

Huawei released its 2019 Annual Report today, detailing a solid business performance.
COVID-19: Seplat, Waltersmith parley Imo, donate materials

COVID-19: Seplat, Waltersmith parley Imo, donate materials

Seplat Petroleum Development Company and Waltersmith have donated some medical items that will help to curb the spread of the COVID-19 in the Imo State.