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Wednesday, October 21, 2020

Oil Demand to Fall by 9.1 million barrels Daily in 2020 – OPEC

Lower economic activity levels will see oil demand dropping by 9.1 million barrels per day according to OPEC's latest monthly report, as...
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Oil Demand to Fall by 9.1 million barrels Daily in 2020 – OPEC

Lower economic activity levels will see oil demand dropping by 9.1 million barrels per day according to OPEC's latest monthly report, as...

Shoprite to Suspend Nigeria Operations After 15 Years

The Board of Africa's biggest retailer, Shoprite is considering putting an end to its operation on the continent’s most populated country, Nigeria,...

COVID-19: Gold Hits Record Hike as Weaker Dollar Boost Demand

Gold hit an unprecedented hike on Monday as a softer US dollar and fears over the global economic fallout from surging coronavirus...

Recharge Cards: Nigerian Banks Told to Stop Selling

The Nigerian government has been advised to stop banks in the country from selling airtime or recharge cards. Doyin...

Revenue Losses: Mitsubishi Motors to Cut Job, May Suspend Pajero SUV

Japanese Mitsubishi Motors Corporation has on Monday forecast its second straight year of losses, this plunge in sales could be in part...

Exchange Rate: Naira Nosedives Against Dollar, Now N472

The Naira on Friday further nosedives against the dollar at both the parallel market in Lagos and the investor’s window.

Jeff Bezos Records $13billion in Single Day to Increase Fortune

Jeff Bezos has increased his net worth by $13 billion on Monday, the largest single-day jump for an individual since the Bloomberg Billionaires Index was...

COVID-19: US Bank Heads Warn of Uncertain Economic Recovery

According to the heads of U.S biggest banks, the U.S. economic recovery will be uneven, unclear and uncertain as the coronavirus retains...

$15 billion Back Taxes: European Union Court Ruling Favours Apple

European Union, EU high court has on Wednesday ruled that technology giant Apple does not have to male the payment of 13...