The World Health Organization on March 11, 2020 declared the outbreak of the viral disease COVID-19 as a pandemic. The virus has since plagued the globe with over 5.1 million cases in circa 200 countries as at today. World economies and businesses have taken a great hit with about 65% of the global economy imposed with lock downs. The adverse effect of this is seen in the collapse of stock markets, shortage of supply and consequent price hikes, decrease in oil prices amongst others.