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Entrepreneurial ministers and representatives of Asia-Pacific Economic Cooperation (APEC) economies on Friday pledged greater support for Micro, Small, and Medium-sized enterprises (MSMEs) which have been hard hit by the COVID-19 outbreak.
To state that we live in challenging times is perhaps an understatement and does very little justice in accurately capturing our current realities. Those realities include a world faced with a pandemic the scale of which hasn’t been seen in 100 years. The crisis has crippled economies, destroyed global supply chains and obliterated once productive and viable sectors of the economy.
The economic slump in sub-Saharan Africa caused by the coronavirus outbreak could last well over three years, Ghana’s finance minister said on Tuesday.
The Woman and Half Initiative (WAH), a group of successful professional women, has hailed the efforts of governments and Nigerians to contain the Novel Coronavirus (COVID-19) pandemic.
Vladimir Putin has offered to help ensure Belarus’s security, according to its president Alexander Lukashenko, as pressure builds on the strongman leader and opposition protesters prepare for a show of force Sunday.
President Donald Trump on Monday postponed the Group of Seven (G7) meeting until after the United States election in November, after a previous delay due to COVID-19 concerns, CNN reported.
The UN Population Fund (UNFPA) on Saturday says about 47 million women in low and middle-income countries were likely to be deprived of contraceptives as a result of the COVID-19 pandemic.
Global oil prices fell on Friday, adding to steep losses from the previous session, and were headed for weekly declines on worries that renewed lockdowns following a surge in coronavirus cases in the United States and elsewhere would suppress fuel demand.
German lawmakers in the Lower House of Parliament on Friday passed a bill, allowing the phasing out of coal in the country by the year 2038.
The coronavirus pandemic could set back incomes in sub-Saharan Africa by a decade as weak oil prices, a tourism standstill and business lockdowns shrink the region’s economy 3.2 percent in 2020, an IMF official said Monday.
The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia as investment sentiment globally and in the region wane and containment measures limit economic activity, said the latest issue of the Asian Development Bank‘s (ADB) Asia Bond Monitor released on Thursday.
Dr Hassan Mahmud, Director, Monetary Policy Department, Central Bank of Nigeria (CBN), on Tuesday advised West African countries affected by COVID-19 pandemic to look inward and use their domestic resources to revamp their economies.
China said Sunday that relations with the United States were “on the brink of a new Cold War”, fuelled in part by tensions over the coronavirus pandemic, as Muslims around the world celebrated a muted end to the holy month of Ramadan.
A Federal High Court sitting in Kano, on Wednesday, sentenced a 20-year-old man, Suleiman Isa, to five year imprisonment for beign in possession of 16 kilogramme of cannabis sativa and other narcotic substances.
However, it was gathered that the Widow was attacked on Monday when she left the Internally Displaced Persons (IDPs) camp, in Church premises, where most of them that fled the community are taking refuge following the violent activities of rival cult groups Debam and Iceland, to her farm in Inen community to look for food for her hungry children.
Former Leicester City and CSKA Moscow forward Ahmed Musa said he is aiming to return to Europe after departing Saudi Professional League club Al Nassr.
Some workers at the University of Ibadan in Oyo State on Wednesday protested the selection process for the position of Vice-Chancellor of the institution.
The Federal High Court in Abuja, on Wednesday, rejected the Economic and Financial Crimes Commission’s request to issue a warrant of arrest against a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, who is believed to be residing in the United Kingdom.
A frontline Niger Delta and Ijaw youth leader, Ambassador Kingsley Muturu, has called for collaboration by political leaders and ex-agitators in the region to enable accelerated development in the region by the federal government.
Russia registered on Monday the biggest daily growth in COVID-19 infections since the beginning of the pandemic.
Local war epic Sacrifice topped the box office on its opening weekend (October 23-25) in China, according to figures from theatrical consultancy Artisan Gateway, grossing $53m in three days.
The 81 Division of the Nigerian Army (NA) has denied allegation soldiers opened fire on #ENDSARS protesters at the Lekki Toll Plaza last Tuesday.
The accident happened on Tuesday while a church community held a service in the building, which was still under construction, in the town of Akyem Batabi in the Eastern Region, National Disaster Management Organisation (NADMO) official Richard Amo-Yartey said.