Business Hilights

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coronavirus

Coronavirus: Oil price freefall very dangerous to Nigeria’s 2020 budget

Strong threat is currently facing Nigeria’s fragile economy with regards to the implementation of the ongoing 2020 national budget as coronavirus global pandemic is forcing oil prices on a steady downward fall. The 2020 budget, which was signed by the…

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ICT

Coronavirus frustrating China’s research to advance supersonic 6G

Indications have emerged showing that had it been that novel Coronavirus did not ravage China, it was on target of unveiling the sixth generation (6G) technology before the end of first quarter. Though previously jumping rate of spead in now…

Coronavirus disrupting global auto supply chain—Report

…Prices of auto spare parts, others to jump soon—ASPMDA Aside physical health impacts, new report Monday, 10 February 2020, revealed that Coronavirus driven-lockdown of key manufacturing cities in China especially Wuhan, has hit global auto supply chain. This is base…

Chinese products going scarce in Nigeria as Coronavirus fears pause production

The recent outbreak of the deadly coronavirus has continued to send panic through global markets, with oil prices falling to one-year lows following massive pause in manufacturing activities in mainland China. Accordingly, the ripple effects include massive drop in the…