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Hungary’s Prime minister Viktor Orban looks on as he is welcomed by French President in the courtyard of the Elysee presidential palace before their meeting on October 11, 2019 in Paris. (Photo by Ludovic MARIN - AFP)

Hungary prepares $30bn package to jump-start economy

Hungary is preparing to announce a roughly $30 billion package of measures to help jump-start the economy amid the coronavirus outbreak, a top government official said on Saturday.

IMF: Economic crisis worse than ’08 financial crisis

The Managing Director (MD) of the International Monetary Fund (IMF), Ms Kristalina Georgieva, has said that COVID-19 has created an economic crisis worse than what the world economy experienced under the global financial crisis in 2008.
Diego Simeone dismissed talk of winning the La Liga title after Atletico Madrid preserved their 100 per cent record with a last-gasp comeback against Eibar.

Atletico Madrid players confirm 70 percent wage cut due to coronavirus outbreak

Atletico Madrid have confirmed their players will take a 70% wage cut, to supplement the salaries of 430 club staff in the coming months.
WHO director-general Tedros Adhanom Ghebreyesus

WHO: Coronavirus cases will soon reach one million globally

The World Health Organisation (WHO) says confirmed cases of COVID-19 pandemic will soon reach one million globally.
FIFA

FIFA prepares massive bailout package for clubs

World football governing body, FIFA, have got a plan to help clubs through the damaging financial consequences of the coronavirus crisis. Gianni Infantino’s plan is to give the clubs up to five billion euro.

African oil-producing countries among the most hard-hit as oil price plunges

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.

NERC may suspend planned electricity tariff hike amid virus outbreak

Following the current lockdown of economic activities and the many implications of the Corona Virus outbreak, there are indications that the Nigerian Electricity Regulatory Commission (NERC) may later on Tuesday announce the suspension of the proposed increase in electricity tariff expected to hike bills by over 50 per across the country.
The Chairman and Vice Chairman of Famfa Oil LTD, Modupe and Folorunsho Alakija, have donated N1 billion to support Nigeria’s fight against COVID-19.

Famfa Oil donates N1 billion to fight coronavirus

The Chairman and Vice Chairman of Famfa Oil LTD, Modupe and Folorunsho Alakija, have donated N1 billion to support Nigeria’s fight against COVID-19.
Mainland China reported a rise in new confirmed cases of coronavirus on Thursday, reversing three straight days of declines, because of a spike in new infections in Wuhan, the city at the centre of the outbreak.

Wuhan records no coronavirus case for six days

China on Monday reported a drop in new coronavirus infections for a fourth day as drastic curbs on international travellers reined in the number of imported cases.
A shopkeeper sanitizes the hands of a customer at the start of a 21 day nationwide lockdown aimed at limiting the spread of coronavirus disease (COVID-19), in Langa township in Cape Town, South Africa, March 27, 2020. Reuters- Mike Hutchings

South Africa records second virus death as infections jump to 1,280

South Africa’s confirmed cases of the coronavirus increased by 93 to 1,280 people on Sunday and the death toll doubled to two, the Health Ministry said, as the country entered the third day of a national lockdown and officials announced new measures to deal with the economic fallout.
Illinois health authorities are carrying out an investigation into the state’s first known death of an infant from the novel coronavirus. David Crosling-AAP

Coronavirus: Travel restrictions, border shutdowns by country

Countries around the world are increasingly adopting sweeping measures to stem the spread of the new coronavirus, including full lockdowns, shutting down airports, imposing travel restrictions and completely sealing their borders.

Historiography and tale of two Awe towns

The recent deposition of Emir Lamido Sanusi II has thrown up many issues both locally within the Kano metropolis and nationally and surely will be a topic for discussion for some time to come.
Saudi authorities have seized more than five million medical masks that were illegally stockpiled amid the coronavirus outbreak, state media reported on Sunday.

Saudi seizes five million illegally stored medical masks

Saudi authorities have seized more than five million medical masks that were illegally stockpiled amid the coronavirus outbreak, state media reported on Sunday.
China’s Foreign Ministry announced Friday the temporary suspension of all entries into the country from Saturday.

China imposes entry ban, cancels visas

China’s Foreign Ministry announced Friday the temporary suspension of all entries into the country from Saturday.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote rallies private sector operators against virus pandemic

Mr Aliko Dangote, President, Dangote Industries Ltd., and Mr Herbert Wigwe, Managing Director, Access Bank Group, are spearheading a coalition of private sector organisations to support governments’ ongoing efforts at tackling the coronavirus (COVID-19) menace.
Dr Demola Sogunle, Chief Executive, Stanbic IBTC Bank PLC

Demola Sogunle: Nigerian businesses need to position themselves

Nigerian businesses need to prepare and brace themselves for a highly challenging period ahead as the coronavirus pandemic disrupts day-to-day life and commerce.
Ford Motor Co said on Monday it has decided to temporarily halt vehicle and engine production at its factories in India, South Africa, Thailand and Vietnam in response to the growing impact of the coronavirus.

Ford decides to halt production in India, South Africa on coronavirus impact

Ford Motor Co said on Monday it has decided to temporarily halt vehicle and engine production at its factories in India, South Africa, Thailand and Vietnam in response to the growing impact of the coronavirus.
The Bauchi state governor, Sen. Bala Mohammed, on Friday, inaugurated the newly appointed 20 commissioners as members of the State Executive Council (SEC).

Bauchi shuts down schools

All public and private schools in the Bauchi State have been asked to shut down as the government takes measures in preventing the spread of coronavirus, known as Covid-19 and Lassa Fever in the state.

Recent Stories

APC governors hail Comrade Adams Oshiomhole at 68

Governors on the platform of the All Progressives Congress under the aegis of Progressive Governors’ Forum (PGF) have congratulated their national chairman, Adams Oshiomhole, on the occasion of his 68th birthday.
Temitope Alonge

Oyo records new coronavirus case, to fumigate markets

The Oyo State COVID-19 Task Force said the state has recorded another positive case, bringing to nine the total of positive cases in the state.
The Flash star Logan Williams has died aged 16.

The Flash actor Logan Williams passes on at 16

Williams, who played a young Barry Allen in eight episodes of The CW series, suddenly passed away on Thursday (April 2), the cause of his death has not been reported.

Abia coronavirus lockdown taskforce impounds vehicles, tricycles

Several vehicles and tricycles were on Saturday impounded by the Abia State Joint Taskforce on Enforcement of lockdown over COVID-19 pandemic.g
Pink, 40, revealed Friday night that she had caught and recovered from a case of the novel coronavirus COVID-19.

Pink reveals coronavirus diagnosis, donates $1 million to relief funds

Pink, 40, revealed Friday night that she had caught and recovered from a case of the novel coronavirus COVID-19.