Sub-Saharan Africa to Contract by 5.1% in 2020 Says World Bank The coronavirus pandemic could plunge Sub-Saharan Africa into its first economic recession in 25 years,...
COVID-19: 16.8m Americans File for Unemployment Benefits in 3 Weeks Global pandemic continues to hurt American jobs as more than 6 million people filed for unemployment...
Stocks, Oil Close Lower as Volatility Returns Market volatility ruled global financial markets on Tuesday as stocks and crude oil closed lower. The S&P 500 Index...
MTN to Sell Part of 79% Stakes in Nigerian Business MTN Group may sell part of its 79 stakes in Nigerian business to local investors soon,...
S&P Downgrades Nigeria’s Long Term Rating to Junk Standard & Poor (S&P), one of the world’s top rating agencies, has downgraded Nigeria’s credit rating barely a...
Oil Rebounds as Fed Announces Unlimited Bond-buying Program Global oil prices rebounded on Tuesday following the Federal Reserves unprecedented stimulus move to curb the impact of...
Fed Announces Unlimited Bond Buying Program to Support Americans The US Federal Reserve on Monday announced it will commence a bond-buying program to mitigate the impact...
Saudi Arabia Cuts Expenditure by $133bn In a bid to contain the effect of coronavirus pandemic on the Kingdom of Saudi Arabia, the world’s largest exporter...
South Africa Announces Stimulus Package to Contain COVID19 Impacts The South African Reserve Bank (SARB) announced measures to stimulate the economy with extra liquidity following a...
Crude Oil Rebounds to $26 Amid Huge Stimulus Packages Oil prices rebounded on Thursday as central banks across the world announce stimulus to bolster economic growth...
