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Cameroon has banned the exportation of cereals, including millet and corn, to Nigeria as a food security measure after a production drop. Cameroon blamed the continued threat from Boko Haram terrorists as the cause of the decrease in food production...
As part of efforts to cushion the economic hardship caused by the COVID-19 pandemic, Nigeria’s President Muhammadu Buhari approved the employment of 774,000 workers a few months ago. Under the program, Nigerian unskilled workers will earn N20, 000(equivalent of $52)...
A new report by the National Bureau of Statistics, shows that Nigeria’s inflation rate rose further in July 2020 to 12.82% (year-on-year). This is a 0.26% increase in the rate recorded in June 2020 (12.56%). On a month-on-month basis, the Headline index...
An average British home is 81 square yards. With 4,840 sq yds to an acre, Sir James Dyson has 1,452,000 sq yds of space which is enough to fit 17,900 homes. The British billionaire investor and industrial designer, lives in...
The video below shows one of the twin towers of the World Trade Center in Abuja Nigeria in flames. The incident happened in the afternoon on Monday July 13. The cause of the inferno is still unclear but eyewitnesses at...
The US Treasury Department and IRS sent about 1.1 million coronavirus stimulus payments, totaling almost $1.4 billion to dead people as of April 30, a Government Accountability Office (GAO) paper released Thursday reported. The mistake come as the U.S. government hurriedly issued...
Amazon CEO on Tuesday joined the growing list of tech leaders calling for their companies to commemorate Juneteenth. In a letter to employees, Jeff Bezos urged them to cancel all meetings on Friday to  honor Juneteenth, which celebrates the emancipation of...
Ecommerce giant Amazon recorded sales of $75.4 billion in the first quarter of 2020 as many consumers embrace online purchases due to COVID-19-induced lockdowns. That translates into nearly $10,000 in sales every second, according to calculations from Christopher , portfolio...
Popular video conferencing company, Zoom Communications is now valued more than the combined market capitalization of seven of the world’s largest airlines As coronavirus pandemic continues to sweep across the world, the demand for teleconference has skyrocketed as companies around the world...
AT&T CEO Randall Stephenson announced his retirement on Friday April 24, effective July 1, 2020. “After serving 13 years as AT&T’s Chairman and CEO, Randall Stephenson, 60, will retire as CEO but will serve as Executive Chairman of the Board...
Harvard University said on Wednesday it will not take the $8.6 million stimulus allocation offered to them as part of the massive $2.2 trillion CARES Act, approved by U.S congress to ease the financial burden of many of America’s...
Spain has returned coronavirus testing kits ordered from China for the second time, after claiming that the second batch is also faulty, Dailymail reported. The testing kits were manufactured and shipped to Spain by Chinese company Shenzhen Bioeasy to replace the...
After a critical small-business loans program ran out of money last Thursday, many people have continued to wonder why the $349 billion depleted so quickly. The U.S Congress approved the first-come-first-served Paycheck Protection Program (PPP) in March as part of the...
A record 22 million Americans who lost their jobs have filed for unemployment benefits in 4 weeks, wiping out a decade of job gains as the nation grapples with the unprecedented shutdown of the U.S. economy to contain the...
Since Beijing last week lifted the lockdown on the city of Wuhan where the coronavirus outbreak is believed to have originated, its markets — which sell freshly slaughtered animals, fish and a variety of exotic wildlife — have also...
The coronavirus-induced lockdown will cause bankruptcies to surge in the coming months, economists have warned. U.S Federal Reserve researchers predict the number of virus-related bankruptcies could jump by 200,000 to nearly 1 million unless government programs help stem the tide....
A Brooklyn landlord has waived rent for hundreds of his tenants for the month of April. Mario Salerno posted signs on the 18 buildings he owns throughout the borough letting tenants know they do not have to pay April’s rent, The...
As coronavirus continues to sweep through the world, the last three weeks have turned out the most devastating periods in history for the American job market. Businesses continue to lay off and furlough workers leading to spike in unemployment claims to...
As the coronavirus pandemic continues to sweep through the world like wildfire, many business in the US and some countries have shut down, leading to a surge in newly laid off workers. The US workers who have suddenly found themselves without...
As coronavirus continues to sweep through several countries, aviation experts have warned that most major airlines in the world may go bankrupt by end of May if different governments don’t quickly intervene. The warning came shortly before the U.S president...

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