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Exxon Mobil, Chevron report losses on weak oil prices

Exxon Mobil and Chevron suffered losses in the latest quarter as the weakened economic outlook due to the coronavirus pandemic pressures the industry to double down on cost cuts.
Netflix will roll out new parental control features globally in the coming months. Ryan Anson-AFP-Getty Images

Netflix shares dive on profit miss despite user growth

Netflix shares dived on Thursday after the leading streaming entertainment service reported relatively flat quarterly profits despite rising subscriber numbers.
A pedestrian walks past a stock indicator board for the Tokyo Stock Exchange being displayed in a window of a securities company in Tokyo on October 1, 2018. - Japanese shares powered to a new 27-year high on October 1 after the US and Canada clinched a long-awaited trade deal, but other Asian equity markets struggled in subdued holiday trading. (Photo by Martin BUREAU / AFP)

Asian markets rise on fresh vaccine hopes, eyes on earnings

Asian markets rose Monday, recovering some of the losses at the end of last week, as investors followed a strong performance on Wall Street fuelled by hopes for a coronavirus vaccine, though a spike in infections around the world capped gains.
Nvidia has overtaken Intel for the first time as the most valuable U.S. chipmaker.

Nvidia overtakes Intel as most valuable U.S. chipmaker

Nvidia’s stock has been among Wall Street’s strongest performers in recent years as it expanded from its core personal computer chip business into datacenters, automobiles and artificial intelligence. Intel, which for decades has dominated in processors for PCs and servers, has struggled to diversify its business after making critical stumbles in the smartphone revolution.
candidate vaccine for Covid-19 developed by the drug maker Moderna appears to generate an immune response similar to the response seen in people who have been infected by the virus and recovered, the company said Monday.

US drugmaker reports progress on coronavirus vaccine trial

US biotech firm Moderna reported promising early results on Monday from the first clinical tests of an experimental vaccine against the novel coronavirus performed on a small number of volunteers.
Approximately 1.8 million American households cancelled cable TV subscriptions during the first quarter of 2020 according to a report by Variety.

1.8 million American households cancel cable TV subscriptions

Approximately 1.8 million American households cancelled cable TV subscriptions during the first quarter of 2020 according to a report by Variety.
Market shares were on the upswing in Asia on Thursday as investors once again expressed hope that the coronavirus pandemic is nearing its peak.

Asian markets back on upswing Thursday

Market shares were on the upswing in Asia on Thursday as investors once again expressed hope that the coronavirus pandemic is nearing its peak.
FILE PHOTO- The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 9, 2020. REUTERS-Staff-File Photo

Stocks rise on China trade data, easing pandemic fears

World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.
Asian markets are trading higher Monday as hopes rise that the coronavirus pandemic appears to be easing.

Asian markets begin trading week on high note

Japan’s main Nikkei index was trading more than 2.5% higher in late day trading, while Australia’s S&P/ASX was trading up well over 3.7%. The KOSPI in Seoul was up 2.6% and Hong Kong’s Hang Seng had gained well over one percent. Shanghai’s index was closed for a public holiday.

Rocket Internet dumps Jumia, sells 11 percent stake

German tech investor Rocket Internet said on Thursday it had sold its stake in African ecommerce company Jumia, which has seen its shares steadily fall since they listed last April on Wall Street.
Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. REUTERS-Anushree Fadnavis

Twitter chief reconsiders Africa move amid coronavirus concerns

Twitter Inc Chief Executive Officer Dorsey Jack said on Thursday he is reconsidering a proposed stint in Africa this year due to coronavirus concerns, walking back his plans amid a call by activist investor Elliott Management for his ouster.
The coronavirus has spread to Nigeria in sub-Saharan Africa. Pius Utomi Ekpei-AFP via Getty Images

Coronavirus: World in uncharted territory – WHO

The world has entered uncharted territory in its battle against the deadly coronavirus, the UN health agency warned, as new infections dropped dramatically in China on Tuesday but surged abroad with the US death toll rising to six.
Ignace Sossou quoted on his Facebook and Twitter pages comments made by Benin’s public prosecutor Mario Metonou at a media event to discuss fake news on December 17.

Facebook’s stock hits record high, signaling recovery after extended historic slump

Shares of Facebook, which have been doggedly crawling their way back from a historic slump after lapses in users’ privacy sparked fears of lower profits, on Friday struck an intra-day record high for the first time in over a year.
Pedestrians walk past an electronics stock indicator at the window of a security company displaying the current rate of Tokyo Stock Exchange in Tokyo on November 13, 2018. - Tokyo stocks dived more than three percent shortly after the open on November 13, with investors discouraged by a plunge in US shares on fears over demand in the tech sector. (Photo by Toshifumi KITAMURA / AFP)

Asian shares stumble, oil, gold up

Asian shares slipped on Friday, erasing early gains, while gold shone and oil prices spiked after U.S. airstrikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.
Philanthropies Mike Bloomberg is jumping into the Democratic presidential race because he believes that Joe Biden is fading, opening the moderate lane next to Elizabeth Warren, sources close to the former New York mayor tell Axios.

Michael Bloomberg prepares to enter 2020 presidential race

Former New York mayor Michael Bloomberg is preparing to enter the crowded race to become the Democratic nominee for the 2020 presidential election, US media reported Thursday.

Saudi Aramco rolls out IPO next week

Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct knowledge of the matter told Reuters, after delaying the deal earlier this month to give advisers time to secure cornerstone investors.
(FILES) In this file photo taken on November 4, 2016, the Twitter logo is seen on a sign at the company's headquarters in San Francisco, California. - Twitter reported on October 25, 2018, stronger-than-expected profits and revenues in the third quarter, igniting a strong rally in shares of the key social network. (Photo by JOSH EDELSON / AFP)

Twitter revenue hit by tech glitch, stocks fall

Twitter Inc posted worse-than-expected quarterly revenue and profit on Thursday, plagued by technical issues that hurt its advertising, and unusually low demand over the summer, sending its shares down about 20%.
A man walks in front of an electronic stock indicator displaying the share price of the Tokyo Stock Exchange in Tokyo on August 5, 2019. – Tokyo stocks closed sharply lower on August 5, weighed down by a strong yen and tracking losses on Wall Street amid US-China trade woes. (Photo by Kazuhiro NOGI / AFP)

Tokyo shares end at two-week low after Wall Street declines

Tokyo stocks fell on Friday as investors cashed out following declines on Wall Street overnight amid concerns over an impeachment inquiry into U.S. President Donald Trump.

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Governor Abubakar Badaru Babura of Jigawa

Jigawa govt distributes palliatives to over 40,000 households

The Jigawa State Government on Tuesday launched the distribution of palliatives to 42,312 poor and most vulnerable households in the state.
According to a statement issued in Abuja by the President of Catholic Bishops’ Conference of Nigeria, Most Rev. Augustine Akubeze, the body warned against politicians politicizing the killings.

Why Southern Kaduna killings persist – Catholic bishops

Catholic Bishops’ Conference of Nigeria on Tuesday expressed sadness over the Southern Kaduna killings.

Customs resume e-auction amid complaints of portal inaccessibility

The Nigeria Customs Service resumed the electronic auction of vehicles impounded from smugglers on its web portal but several Nigerians have lamented their inability to participate in the process.
SEYI MAKINDE

Applicants commend Oyo government on conduct of CBT for job recruitment

Some of the applicants who wrote the Computer Based Test for Oyo State teaching job have commended the state government for its preparedness and adherence to COVID-19 safety protocols in the conduct of the examination.
The Minister of Agriculture and Rural Development, (FMARD), Sabo Nanono, says the Federal Government is committed to ensuring the take-off of University of Agriculture, Zuru, Kebbi, in 2020.

Nigerian government inaugurates mini water treatment plant in Yobe

Federal Ministry of Agriculture and Rural Development on Tuesday inaugurated a mini water treatment plant in Gashua, Bade Local Government Area of Yobe.