COVID-19: Business Implications and Insight
COVID-19: Business Implications and Insight

The coronavirus pandemic – now referred to as a black swan event – has caused unprecedented devastation and disruption to businesses. Across the globe, Governments have shut down borders, issued anti-crowd gathering orders, restricted interstate movements and enforced lockdown to inhibit the spread of the virus. The slowdown of economic activities has led to a sharp decline in trade and investment and raises the risk of an unprecedented economic recession.

Top 3 Challenges of Managing Remote Teams with Solutions
Top 3 Challenges of Managing Remote Teams with Solutions

The current global outbreak of Coronavirus COVID-19 has forced businesses to take new measures in preventing the spread of the pandemic.
Locally, amidst the growing number of confirmed cases across the country, the Federal Government of Nigeria at the time of writing imposed another 14-day lockdown on both worst hit and high-risk states, i.e. Abuja (its capital city), Lagos State (its economic hub) and Ogun State (its industrial hub).

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