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June 2020

Crude Oil slips on rising covid-19 cases, returning Libyan supplies

Oil prices slipped on Tuesday amid rising COVID-19 cases and a possible return of Libyan oil production, which has slowed to a trickle since the star…

Tariff Hike: FG must subsidise electricity for Nigerians, Senate tells PMB

The Senate on Tuesday(today) explained why the Federal Government should subsidise electricity for Nigerians. While the electricity distribution comp…

2020 Movies Rescheduled: Every movie release date you need to know about.

Just like that, a whole bunch of movie release dates are gone. Yep, Warner Bros. unleashed a wave of delays upon the industry recently, with t…

COVID-19: FG. considers locking down 18 LGA's

The Nigerian government is considering locking down 18 local government areas in the country, This is coming as the second phase of eased lockdo…

FX Today: GBP/USD heads towards 1.2250 – OCBC

Terence Wu, an FX Strategist at OCBC Bank, remains most negative on the GBP and believes the cable is a good choice to express USD resilience. GBP/US…

Covid-19: Nigeria records 566 new cases including 8 deaths

The Nigeria Centre for Disease Control (NCDC), on Monday, announced 566 new cases of the coronavirus, bringing the total number of infections in the …

La liga: Barcelona finally signs Miralem Pjanic from Juventus

Barcelona finally announced on Monday that Miralem Pjanic will join the club at the end of the season from Juventus. The 30-year-old has sig…

Covid-19: Gilead Outlines Price for the only Endorsed Coronavirus Treatment; Remdesivir

Gilead Sciences set the price of the only approved treatment for COVID-19, remdesivir, at $390 per vial, which for most patients receiving a 5-day tr…

Iran issues warrant of arrest against President Trump and others over death of its general

Following the death of its former military commander, Qasem Soleimani, Iranian government, Monday issued warrant of arrest against the President of U…

FX Today: Gold eases below $1770 level, downside seems limited

Gold witnessed a modest intraday pullback amid a recovery in the US equity futures. The set-up still supports prospects for a move towards the ambiti…

Tariff Increase: Discos says increase was not a unilateral decision by the power firms.

Report says the Nigerian Electricity Regulatory Commission was involved in the decision as the distribution firms could not increase tariffs without …

N-Power: Federal Govt. receives over 1million applications within 48 hours

The Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development has said over 1 million applications have been received fro…

2020 BET Awards: List of winners

A list of winners at the 2020 BET Awards, which aired virtually Sunday because of the coronavirus pandemic. Best International Act Burna Boy (Nigeria…

Covid-19: Nigeria records 490 new cases including 7 Deaths

Nigeria on Sunday recorded 490 new cases of COVID-19, bringing the total number of infections in the country to 24,567. The Nigeria Centre for Diseas…

Forex Market Ahead: Dow Jones, US Dollar, Nasdaq, XAU Prices, Rising Virus Cases

The Dow Jones, S&P 500 and Nasdaq Composite wobbled into this past week’s close, leaving risk trends on an uncertain note heading into the holida…

Real Madrid Boss, Zinedine Zidane eyeing early retirement

Real Madrid manager Zinedine Zidane admitted that he isn't too far from retirement as he revealed the pressure of the job has taken its toll. The…
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