42 percent of Nigerians lost their jobs due to Coronavirus – NBS

The National Bureau of Statistics (NBS) has announced that its recent survey revealed that 42 percent of Nigerians have lost their jobs d...

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FG removes petrol price cap, gives marketers freedom to fix price

The Petroleum Products Pricing Regulatory Agency, PPPRA, has removed the cap on the price of Premium Motor Spirit (PMS), also known as pe...

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COVID-19: IMF disburses $10b to Africa countries

The International Monetary Fund (IMF) has disbursed US$10 billion to 27 countries in Sub-Saharan Africa to enable them to effectively resp...

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FG reduces petrol pump price to N121.50 per litre

The Petroleum Products Pricing Regulatory Agency (PPPRA ) has announced the reduction of the pump price of the Premium Motor Spirit (PMS)...

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Trump announces unprecedented action against China

US President, Donald Trump on Friday, launched a blistering attack on China, announcing a string of unprecedented actions against the co...

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Fifty unsold cargoes of Nigeria’s crude oil await buyers in global market

The global oil market remains dull as 50 unsold cargoes of Nigeria’s Bonny Light await buyers, indicating that the volatile market is stil...

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Nigeria’s GDP rises by 1.87% in Q1 2020

In the first quarter of 2020, Nigeria’s Gross Domestic Product grew by 1.87 per cent (year-on-year) in real terms. The National Bureau o...

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Spain reopens tourism sector

Spain said on Saturday it would let in foreign tourists and restart top league football in the coming weeks, accelerating Europe’s exit fr...

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Malabu Oil Deal: Nigerian government's $1bn lawsuit against Shell and Eni struck out by UK court

The Nigerian government's $1 billion lawsuit against oil giants; Royal Dutch Shell and Eni, has been dismissed by a UK court on groun...

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Lufthansa plans job cut, to ground 500 aircraft by 2022

Lufthansa is bracing for hundreds of aircraft to remain grounded due to the coronavirus pandemic well into 2022 and that further job cuts ...

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Facebook buys animated graphics startup GIPHY

Facebook said on Friday it had acquired the animated graphics startup GIPHY and would integrate the company in its Instagram visual social...

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Nigerians to start renting cooking gas cylinders – FG

The Federal Government on Thursday announced that it was creating micro-distribution centres where users of cooking gas would access the c...

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Subscriber group rejects DStv/GOtv new tarrif

Subscribers under the aegis of the Association of Telephone, Cable TV and Internet Subscribers have rejected the proposed hike in monthly ...

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We’ve lost over N5bn to COVID-19 – Miyetti-Allah

Miyetti Allah Cattle Breeders Asociation of Nigeria, on Tuesday, said its members across the country have lost over N5billion to the COVID...

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COVID-19: Google and Facebook extend work-from-home plans for employees till 2021

Facebook and Google have announced they will let their employees continue working from home for the rest of the year due to the Coronavir...

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Europe's wealthiest man, Bernard Arnault has lost $30BILLION during Coronavirus crisis

Bernard Arnault, the richest man in Europe and third-richest billionaire worldwide, has lost an astonishing $30billion during the Coronav...

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Petrol to sell at N117 per litre as PPMC slashes ex-depot prices

The ex-depot price of Premium Motor Spirit (PMS) was slashed to N108 per litre on Wednesday May 6, by the Petroleum Products Marketing Co...

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BREAKING: NNPC reduces ex-depot price of petrol

The Nigerian National Petroleum Corporation on Wednesday night announced a reduction in the ex-depot price of petrol from N113.28k per lit...

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Senegal develops one of the world's most affordable Coronavirus testing kits which costs $1 each and $60 3D printed ventilator

Senegal has reportedly developed one of the world's most affordable Coronavirus testing kits, which costs $1 each and $60 3D printed ...

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Oil price plunges below $1 as coronavirus hits global economy

Oil prices have plunged further below $1 a barrel with the threat to erase decade of demand growth with thousands of jobs under threat as ...

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