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 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.
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.
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.
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 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 is set to join the International Monetary Fund (IMF) as Deputy Managing Director following the proposal of Kristalina Georgieva.
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 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
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 discharges 11 patients
The Lagos state government has discharged 11 of the Coronavirus patients from the Infectious disease centre in Yaba
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, 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
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.