THE pandemic will wipe an eye-watering $6.7 trillion – or £5 trillion – from the global economy in 2020, new analysis suggests. The forecast fall in global GDP – down 5.2% from $89.94 trillion to $83.19 trillion – is equivalent to the annual economic output of Germany and France combined. It would represent the deepest Read More…
Veteran Nollywood actors on Friday mourned the death of veteran filmmaker, Chico Ejiro, saying that the movie producer would be missed by the industry. Ejiro died on early on Christmas Day, throwing the industry into mourning. Speaking on the passing of Ejiro, the President of the Directors’ Guild of Nigeria (DGN), Fred Amata, said the Read More…
It has been bought by billionaire businessman Ron Burkle, who is a controlling shareholder of Soho House. Michael Jackson’s Neverland Ranch has sold for $22m (£16.2m) more than 10 years after his death. Billionaire businessman and family friend of the Jacksons, Ron Burkle, bought the 2,700-acre estate after spotting it from the air while viewing Read More…
A first league victory in nearly two months was vital, therefore, to boost Arsenal players’ fragile confidence — even if it only lifted them into 14th place. With his job increasingly on the line after an alarming start to the season, Mikel Arteta placed his faith in Arsenal’s kids to get the team out of Read More…
The professional wrestling world went into mourning on Saturday with the passing away of Brodie Lee (Luke Harper in WWE). AEW issued the following statement on Saturday night, announcing that Brodie Lee has passed away at the age of 41. Lee hadn’t appeared on AEW Dynamite since his loss to Cody Rhodes back in October. Read More…
The Nigerian Meteorological Agency has predicted sunny and hazy weather conditions from Thursday to Saturday across Nigeria. NiMet`s weather outlook released on Wednesday in Abuja predicted sunny and hazy conditions over the northern region and North Central cities throughout the forecast period on Thursday. It anticipated partly cloudy skies with intervals of sunshine over inland Read More…
The Lagos State Health Service Commission (LSHSC) on Wednesday lauded the EKO Electricity Distribution Company (EKEDC) for donating two ultra-modern ventilators to two of the state owned health facilities. Dr Benjamin Eniayewun, the Permanent Secretary of the Commission who received the ventilators described the gesture as an answer to a pressing prayer.’ “This gesture, is Read More…
Oil prices rose more than 2% on Wednesday, boosted by draws in U.S. inventories of crude, gasoline and distillates that lifted investors’ hopes for some return in fuel demand. U.S. crude inventories fell by 562,000 barrels in the week to Dec. 18 to 499.5 million barrels, the Energy Information Administration said on Wednesday. Gasoline stocks Read More…
Trading activities on the Nigerian Stock Exchange (NSE) sustained positive mood on Wednesday for the eighth successive session, with the market capitalisation crossing the N20 trillion mark. The sustained rally was as a result of buying interests in some highly capitalised equities such as Airtel Africa, UBA Cement and Nigerian Breweries. Specifically, the market capitalisation Read More…
Dr. Dre has just laid out the prenup his wife does not acknowledge … a prenup that literally put up a financial wall between them at the beginning of their marriage. According to the prenup, which was filed with the court and obtained by TMZ, all property they acquired from the beginning of the 1996 marriage Read More…
