As the COVID-19 pandemic stretches into its second month and shows no signs of slowing, President Donald Trump has pushed to relax the restrictions on travel and movement that are, right now, the best hope for controlling the disease.
South Africa saw a dip in foreign direct investment in 2019 compared to the previous year, with inflows falling to 66.8 billion rand ($3.78 billion) from 72.1 billion rand, the central bank said on Tuesday.
The world economy is facing “severe” economic damage from the coronavirus pandemic that could be even more costly than in 2009 and will require an unprecedented response, IMF chief Kristalina Georgieva said Monday.
The Domestic Tax Operation Group (DTOG) of the Federal Inland Revenue Service (FIRS) has assured the Management and Board of the Service that it will strive to achieve its N8.5trillion revenue target.
The Federal Inland Revenue Service (FIRS) in January 2020 collected tax revenue of N338.1 billion as against a tax target of N620.2 billion.
Fiscal Responsibility Commission (FRC) has put the total net revenue of the 36 states and Federal Capital Territory (FCT) at N2.57 trillion excluding the Internally Generated Revenue (IGR).
Russian First Deputy Prime Minister Andrei Belousov has said the recent breakup of the OPEC+ oil output cut agreement and subsequent collapse in oil prices was the “Arab partners’ initiative”.
As the country continues to record new cases of corona virus, the Central Bank of Nigeria (CBN) and the Bankers’ Committee rose from an extra-ordinary meeting held in Lagos on Saturday, March 21, 2020, with the pledge to grant funding facilities (in Naira and foreign exchange) to pharmaceutical companies in the country to enable them procure raw materials and equipment to boost local drug production in Nigeria.
South Africa’s central bank announced a raft of emergency liquidity measures on Friday to ease the stress on banks caused by the coronavirus outbreak.
The Federal Government has frowned at the indiscriminate hike in the cost of local rice, saying it is dishonesty on the part of the dealers and unfair to consumers.
The National Economic Council (NEC) on Thursday received the report of the Presidential Economic Advisory Council (PEAC) on the impacts of Coronavirus disease on the Nigeria’s economy.
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) says it has uncovered an ongoing scheme by corrupt interests to discredit the work of the agency using sponsored thugs and miscreants to stage protests around its offices.
Nigeria’s headline inflation has recorded another increase from the 12.13 percent recorded in January to 12.20 percent in February 2020.
Some Aba residents on Tuesday flouted the stay-at-home executive order of the Abia government, which is meant to check the possible spread of Coronavirus into the state.
Barcelona are holding internal talks about possibly swapping players with Manchester United and Juventus this summer, it has been claimed.
The World Health Organisation (WHO) Office in Nigeria, Abuja on Tuesday appreciated the contribution of front-line health workers fighting the novel Coronavirus (COVID-19) around the world.
Sen. Nicholas Tofowomo, representing Ondo South Senatorial District at the National Assembly, has thanked Gov. Oluwarotimi Akeredolu over the payment of two months entitlements of all political appointees under former Gov. Olusegun Mimiko.
In a dark ground-floor room in Lagos, dressmaker Kemi Adepoju gazes at a pile of dresses she has made but which cannot be collected due to the lockdown in force to slow the spread of the new coronavirus.
The Presidency has urged Nobel Laureate, Professor Wole Soyinka, to stick to his field of expertise – English and Literature – instead of dabbling into the coronavirus disease and the legality of President Muhammadu Buhari’s 14-day lockdown order under the Quarantine Act.
The Nigeria Centre for Disease Control (NCDC) has confirmed deaths of two COVID-19 patients in Lagos and Edo.
Many churches in Awka, Anambra capital witnessed a low turnout of worshippers on Sunday for the Palm Sunday service as they comply with social distancing orders by the government.
Scribe of the Nigeria Olympic Committee Olabanji Oladapo has stated that the NOC will not slow down its Olympic preparation and has stated that no matter how you prepare, the Olympics comes with its own tension and anxiety the closer you get to it.
The Police in Sokoto on Thursday confirmed the death of 22 villagers in the state following sporadic shooting by suspected bandits in Gangara community.