BUSINESS
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Emirates Airline Cuts Off More Jobs
Emirates airline has begun retrenching employees to preserve cash during the COVID-19 pandemic, the carrier confirmed.
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France To Support Aviation Sector With €15bn
The French government will provide 15 billion euros ($16.9 billion) to support the country’s aviation industry, which has been hammered…
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COVID-19: British Oil Giant BP To Cut 10,000 Jobs as Virus Hits Demand For Oil
British energy giant BP on Monday announced plans to axe “close to 10,000 jobs”, or almost 15 percent of its…
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OPEC, Allies Agree To extend Oil Production Cuts
The Organisation of Petroleum Exporting Countries and its allies have agreed to extend their record output cuts by one month.
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CBN Directs Banks To Resolve ATM, E-Banking Complaints Within Two-Weeks
The Central Bank of Nigeria (CBN) has in a bid to enhance service quality, directed all banks to resolve all…
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Cyprus To Pay Expenses Of Tourists Who Contract Coronavirus
The government of Cyprus has said it will cover the vacation costs of any tourists who contract the coronavirus while…
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Petrol Marketers To gain N8.3bn On Ddepot Price Reduction In May
Retail marketers of petrol are currently raking in billions of naira as findings on Wednesday showed that they would make…
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‘I Maintain My Innocence’-AfDB Boss Speaks On Graft Accusations
The President of the African Development Bank (AfDB), Akinwumi Adesina on Wednesday, said despite accusations of corruption levelled against him,…
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CEO Buys Ailing New Zealand Media Giant For One Dollar
Struggling New Zealand media giant Stuff Limited was sold in a management buy-out deal for the symbolic fee of NZ$1.00…
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