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Before the novel coronavirus pandemic hit the globe, Nigeria spent 42 per cent of her earnings on debt servicing. We have arrived at a new reality today: even if we devote 100 per cent of our income to rebuilding our economy, it still will not be enough.
The Chairman of Chinese investors Association for Development and Promotion in Nigeria, Ronnie Liu, has accused the United States of sowing enmity in the minds of Nigerians and Africans against China.
In its move to ensure the success of federal government’s diversification of Nigeria’s economy from oil to agriculture based, the Central Bank of Nigeria (CBN), has in conjunction with the Department of State Services (DSS) initiated a robust anti-smuggling drive.
A corps member serving in Cross River, Mr Hodo Bassey, has donated his monthly stipend of N33,000 to the Cross River Government to help in the fight against COVID-19 pandemic.
Japanese Prime Minister Shinzo Abe on Tuesday declared a state of emergency to fight new coronavirus infections in major population centres and unveiled a stimulus package he described as among the world’s biggest to soften the economic blow.
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 United Nations, UN, has expressed concerns about the effect and true magnitude of the spread of coronavirus pandemic in Nigeria, saying it was yet unclear.
Uganda’s central bank cut its policy rate by 100 basis points on Monday to 8% to support the economy which has been hit by the impact of the coronavirus outbreak.
There are too many theories, too many fake video and too many fake news out there- 5Gs this, 5Gs that. Please, stay out of those theories. Keep your eyes on the Lord. Do not be afraid. Do not say, “My Lord, this is the anti-Christ!”
Japan is poised to announce a state of emergency in Tokyo and six other regions as the country’s coronavirus crisis escalates.
Mexico’s President said there will not be a big economic stimulus package related to the coronavirus pandemic, although the country is facing a crisis unlike anything before.
Canada’s tourism industry has been basking in a robust visitor economy in the past years, even highlighting last year, 2019, as the strongest ever in terms of the number of visitors and GDP contribution.
More groups have donated food, relief materials to vulnerable Nigerians in recent times to help curb the spread of the coronavirus disease.
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.
The Minister of Information and Culture, Alhaji Lai Mohammed, says the rising spate of fake news and misinformation, in spite of repeated caution by government, is distracting the fight against Coronavirus (COVID-19).
President Muhammadu Buhari yesterday met with the Presidential Committee on the impact of the coronavirus on Nigeria’s economy, and directed the Ministry of Finance and National Planning to ensure that salaries were paid.
“We must communicate to our people where we are now, and that we can no longer assume we are still where we used to be. We are faced with a challenge that no government in the history of Nigeria has ever faced. So, we have to redesign our economic planning and change our thinking.”
AS the Coronavirus, COVID-19, pandemic continues to spread across the country, customs agents have called for the development of an action plan by stakeholders in the maritime sector of the nation’s economy.
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.