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The British government has announced three more charter flights for more hundreds of its citizens set to return home from Nigeria.
South Africa’s central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments.
The Africa Centre for Disease Control and Prevention (Africa CDC) has said that there are now 60,657 confirmed cases of coronavirus (COVID-19) in 53 countries across Africa.
South Africa’s central bank (SARB) said on Friday it would reduce overnight repo auctions to one per day from the two it has held since early March to inject liquidity into the banking system amid the coronavirus pandemic.
According to data obtained from the World Health Organisation, no fewer than 4,012 people have tested positive for COVID-19 in Ghana.
South African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month.
The Africa Centre for Disease Control (Africa CDC) has said that the number of Coronavirus (COVID-19) cases in Africa has risen to over 54,027 in the past 24 hours in 53 countries across the continent.
Gross reserves also increased, to $53.003 in April from $52.458 billion previously. The forward position, representing the central bank’s unsettled or swap transactions, decreased to a balance of $592 million in April after a positive balance of $631 million previously.
Up to 190,000 people in Africa could die of coronavirus in the first year of the pandemic if containment measures fail, the World Health Organisation warned on Thursday.
Mr Stephen Karingi, Director, Regional Trade and Integration, United Nations Economic Commission for Africa (UNECA), says African economy will lose 65 billion dollars if there is a full lockdown of the continent due to COVID-19.
South Africa will soon start developing a plan for a new 2,500 megawatt (MW) nuclear power plant, the energy ministry told lawmakers on Thursday.
African nations are facing a surge of COVID-19 cases with less than one intensive care bed and one ventilator per 100,000 people, a Reuters survey has found.
South African private sector activity fell to a new record low in April, a business survey showed on Wednesday, as company closures due to a nationwide coronavirus lockdown led to a collapse in demand.
The expansion of South Africa’s auto industry is central to the government’s economic development strategy but the coronavirus crisis has forced carmakers into survival mode and could push ambitious growth plans out of reach.
Africa must move swiftly to prevent a looming food crunch caused by coronavirus disruption for small-scale producers, the head of a UN agency says.
Africa, the continent that was last to confirm cases of coronavirus now has more than 20,000 cases. As of Tuesday, according to Worldometer, the continent has 24,501 confirmed cases, 1,167 deaths, and 6,531 recoveries.
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The National Judicial Council has recommended appointment of more judges for the Supreme Court and other various courts.
Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has urged all tiers of government to extend palliatives to the pastoralists community to cushion the effects of Coronavirus pandemic on them.
The Cross River State Police Command on Thursday paraded 6 kidnap suspects of the wife of appeal Court Judge, Justice Ignatius Agube and 28 others for Cultism, piracy and sundry crimes.g
President Muhammadu Buhari on Thursday in Abuja pledged to spend more on infrastructure across the country, focusing on finishing projects delivered by local contractors and technology that create jobs for thousands of Nigerians.
The Independent National Electoral Commission (INEC) on Thursday said it would deploy no fewer than 20,000 ad-hoc staff for the conduct of the forthcoming Edo governorship election scheduled for Sept. 19.
Chief Innocent Chukwuma, Chairman/CEO, Innoson Vehicle Manufacturing, IVM, has revealed that his company only imports engine and light, as all the electrical aspects and other equipment are sourced in-country.
William D'Avila, the agent of Napoli forward Victor Osimhen, has admitted that the Nigerian has set sights on winning the Capocannoniere award for the highest goalscorer in Serie A.
Arsenal are set to complete two key deals this week as they prepare for the coming season.
Paris Saint-Germain star Neymar has handed his man-of-the-match award against Atalanta to Eric Choupo-Moting while manager Thomas Tuchel and Ander Herrera have praised the striker.
Super Eagles new boy Cyriel Dessers says he’s delighted to be in the same squad with compatriot Paul Onuachu.