Tag: lockdown

Senate report :Pondei, others recklessly spent N5bn as medical allowances

The Senate report on the alleged financial recklessness in the Niger Delta Development Commission has revealed how the top management of the agency shared N4.9bn among themselves in the guise…

Read More Arrow

Zara owner to close up to 1,200 fashion stores around the world

The owner of Zara will close as many as 1,200 stores around the world as the clothing retailer tries to boost online sales during the chaos wrought by the Covid-19 pandemic. Inditex…

Read More Arrow

Oil companies face maintenance worry on Nigerian oil assets

The effect of the coronavirus pandemic is causing maintenance worry for most oil and gas companies operating in Africa’s biggest oil-producing country, storing up problems for an industry already reeling…

Read More Arrow

Jeff Bezos trillionaire tale and Nigeria’s e-commerce

America’s Jeff Bezos, founder of e-commerce giant, Amazon, is becoming a trillionaire in the midst of COVID-19 global pandemic. This is both good and bad news. Good news because it…

Read More Arrow

President Cyril Ramaphosa to reopen South Africa’s major economy

South Africa will reopen the majority of its economy starting June 1, President Cyril Ramaphosa announced during a televised address to the nation on Sunday evening. Most sectors will open…

Read More Arrow