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African oil-producing and reliant countries have been among the most hard hit by the COVID-19 pandemic and declining oil price. Oil price crashed below $20 dollars on Monday, the lowest in 18 years. In particular, Senegal, Nigeria and Angola continue to face new challenges each day amid the threat of economic fallout.
Sokoto State Government has cancelled public inauguration of 2020 International Trade Fair organised by the Sokoto Chamber of Commerce, Industry, Mines and Agriculture (SOCCIMA).
In a bid to ensure food sufficiency and diversification of the local economy through local production of goods, the government of Bayelsa State has promised to soon commence the distribution of the Central Bank of Nigeria (CBN) agricultural loan facility to only real farmers across the state, irrespective of their political party affiliation.
The President of the Dangote Group, Alhaji Aliko Dangote, has said the diversification of the Nigerian economy needs to be achieved urgently, following Monday’s crash in the price of crude oil.
Niger State Governor and Chairman, North Central Governors’ Forum, Abubakar Sani Bello, has said that there is an urgent need for the diversification of the Nigerian economy as a result of the volatility in the global price of crude oil.
The Minister State for Agriculture, Mr Mustapha Shehuri, says Federal Government will support and promote Special Agro-Industrial Processing Zones (SAPZs) and creation of more job opportunities in the sector.
President of the Senate, Ahmad Ibrahim Lawan, has urged Ministries and Agencies of government, as well as Corporate bodies to partner the Yobe State Government on the Mauyi Ganga fishing and cultural festival.
The All Progressives Congress (APC) has advised the former vice president and Peoples Democratic Party (PDP) presidential candidate in the last general elections, Atiku Abubakar and other chieftains of the latter party to seek forgiveness from God and Nigerians.
The Arewa Consultative Forum (ACF) has called for deployment of modern technology to tackle insecurity in the country.
The African Continental Free Trade Area (AfCFTA) agreement will provide a new impetus to the continent’s industrialization agenda through increased intra-African trade.
The Senate on Thursday urged the Federal Government grant tax holidays to investors in the solid minerals sector to enhance investment.
Dr. Kayode Fayemi, Ekiti State governor, has hinted that the Buhari-led Federal Government was giving a lot of attention to the mining sector, in addition to the support from development partners.
Ekiti State Governor Kayode Fayemi and the Minister of Mines and Steel Development, Olamilekan Adegbite, have called for stakeholders’ buy-in for the exploitation of economic opportunities in Nigeria’s mining sector.
President Muhammadu Buhari has called on Nigerians and the private sector to patronise Made-in-Nigeria products.
The decline in government revenues and the slow and uneven growth in key sectors of the economy are key factors in the stagnation of the nation’s economic development, an economic analysis conducted by the Centre for Democracy and Development (CDD) shows.
The vice chancellor of the Obafemi Awolowo University, Ile-Ife, Osun State, has disclosed plans by the university to build its own airport within the campus to support its aeronautic programme.
Mexico boss Tata Martino is willing to negotiate a pay cut to help during the coronavirus pandemic and believes every coach and player should be ready to do so.
The deadline to leave for up to four cruise ships anchored off the Australian State of Queensland will come at midnight on Wednesday.
The Akwa Ibom state government has stated that all five reported positive test cases of COVID-19 in the state are hale and hearty while awaiting the conduct of a reconfirmation test.
As the World Health Organisation, WHO, celebrates the nursing profession by making the theme of the 2020 World Health Day to be “Support Nurses and Midwives,” the Nigerian Medical Association, NMA, has asked for a healthy and dignifying working environment for health workers in the country.
Plenty of people on social media have suggested that the season should be cancelled, but it is highly unlikely that it will come to that, as UEFA president Aleksander Ceferin has stated that Liverpool will more than likely be awarded the title at some point.
The Oyo State chapter of Peoples Democratic Party (PDP) has warned opposition party members not to play petty politics with the COVID-19 test result of Governor Seyi Makinde.
The emergence of the coronavirus pandemic has exposed the weakness of health systems in most countries, the World Health Organisation (WHO) has said.
West Ham vice-chairman Karren Brady has revealed she intends to take the same proposed pay cut as the club's players, insisting "we are all in this together" during the Coronavirus pandemic.
Speaker Femi Gbajabiamila on Monday insisted the Chinese doctors coming to help in the fight against COVID-19 must first be quarantined for 14 days and comply with all relevant laws in the country.
Former Republic of Ireland internationals Damien Duff and John O'Shea have joined their country's coaching staff following the appointment of Stephen Kenny as manager on Sunday.