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The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, in her goodwill message yesterday during the commemoration of the “2021 International Women’s Day National Policy Dialogue,” noted that through the implementation of Finance Acts 2019 and 2020, the federal government is providing tax relief and other forms of support to micro, small and medium enterprises (MSMEs), many of which are owned by women.

Minister: Full crisis looms in education sector over abductions

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has warned that with an estimated 13 million children currently out of school in Nigeria which represents 20% of globally, the country now faces the danger of a full education crisis.
FILE PHOTO - Medical workers bring a patient out of an ambulance, amid the spread of the coronavirus disease (COVID-19) pandemic, outside Royal London Hospital, in London, Britain, January 17, 2021. REUTERS-Toby Melville

Coronavirus compared with other deadly viruses

The global death toll from COVID-19 passed three million on Saturday, with the pandemic already having killed more people than most other viral epidemics of the 20th and 21st centuries.

Apple Music pays one penny per stream

Apple Music’s payment rate for artists and labels is fundamentally a penny per stream, according to a letter from the company posted on its artist dashboard and first reported by the Wall Street Journal. That payment rate is higher than Spotify, which has a confusing variable rate scheme that basically tops out at a half-penny per stream.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

IEA: OPEC+ compliance with oil cuts in March largely due to Saudi Arabia

The alliance of the OPEC+ oil producers was able to achieve the 113 per cent oil cuts agreement reached last month largely due to Saudi Arabia’s voluntary additional cut of 1 million barrels a day (mbd), a report said.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

OPEC raises oil demand growth on stronger economic recovery

The Organisation of Petroleum Exporting Countries (OPEC) has raised its forecast for crude oil demand growth this year on the back of an expected stronger economic recovery.
Bitcoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency.

Bitcoin hits record high above $62,000

Bitcoin hit a record high, soaring past $62,000 on Tuesday as the cryptocurrency exchange Coinbase prepares to launch shares on Wall Street.
People queue outside a shop, as the coronavirus disease (COVID-19) restrictions ease, in London, Britain April 12, 2021. REUTERS/Henry Nicholls

English shops and pub gardens reopen as lockdown eases

People queued up outside retailers across England on Monday to release their pent-up shopping fever and some grabbed a midnight pint or even an early haircut as England’s shops, pubs, gyms and hairdressers reopened after three months of lockdown.

Reports: Governments ‘gender blind’ to coronavirus’ ‘greater impact’ on women

Governments are putting women and girls at greater risk of the health and socio-economic impacts posed by the coronavirus pandemic, two global studies released Wednesday show.
Islamist insurgents captured the strategic northern Mozambique port town of Mocimboa da Praia. AFP

SADC vows ‘proportionate’ response to Mozambique’s jihadists

Southern Africa's regional bloc on Thursday vowed a "proportionate" response to jihadists who last month raided a key town in northern Mozambique in a sharp escalation of a three-year-old insurgency.
Canada’s top banks are shedding workers for the second straight year, moving toward leaner operations to satisfy investors demanding returns on tens of billions of dollars that lenders have poured into new technologies.

Canadian banks shrink workforce to cover big tech investments

Canada’s top banks are shedding workers for the second straight year, moving toward leaner operations to satisfy investors demanding returns on tens of billions of dollars that lenders have poured into new technologies
Pedestrians walk in Buenos Aires' financial district, Argentina September 24, 2020. REUTERS-Agustin Marcarian

SDRs and debt holidays still just a band-aid for debt-hobbled countries

Debt experts, charity groups and investors welcomed news on Wednesday that the world’s poorest countries will get new IMF funds and COVID-19 debt relief, but they also cautioned that for some it would still only be a band-aid solution.
Internally displaced people from Palma gather in the Pemba Sports centre to receive humanitarian aid. Alfredo Zuniga

UN warns Tanzania not to reject people fleeing Mozambique

United Nations teams have received “worrying” reports that Tanzania has rejected over 1 000 people seeking refuge from an attack on a town in northern Mozambique by ISIL-affiliated fighters, the United Nations High Commissioner for Refugees (UNHCR) has said.

Forbes: Kim Kardashian officially a billionaire

American reality tv star, Kim Kardashian, is officially a billionaire.
The 28th World Economic Forum on Africa has ended in Cape Town, South Africa, producing notable outcomes.

WEF report: Closing gender gap to take 136 years

A new report from the World Economic Forum (WEF) estimates that attaining global gender parity will take nearly 136 years, up from its previous estimate of almost 100 years.
Bitcoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency.

Revisiting CBN ban on cryptocurrency transactions

On February 5, the Central Bank of Nigeria (CBN) released a circular addressed to banks and other financial institutions with the directive that transactions in cryptocurrencies and facilitating payment for cryptocurrency exchanges were prohibited.
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Boat carrying survivors from Mozambique militant attack on gas town arrives in Pemba

A boat carrying more than 1 000 survivors of a highly organised, deadly attack by Islamic State-linked insurgents in northern Mozambique arrived in the port of Pemba on Thursday, a Reuters reporter and a diplomatic source said.
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, in her goodwill message yesterday during the commemoration of the “2021 International Women’s Day National Policy Dialogue,” noted that through the implementation of Finance Acts 2019 and 2020, the federal government is providing tax relief and other forms of support to micro, small and medium enterprises (MSMEs), many of which are owned by women.

Minister: Why there’s delay in supplementary budget for coronavirus vaccines, security

The Federal Government has explained reasons why there is a delay in the submission of supplementary budget for procurement of security equipment and COVID-19 vaccines to the National Assembly.
Tear gas and fire extinguisher gas float around demonstrators during a protest against the military coup in Naypyitaw, Myanmar, March 8, 2021. REUTERS/Stringer

Germany advises nationals to leave Myanmar as soon as possible

Germany has advised its citizens to leave Myanmar as soon as possible due to the increasing violence in the South-East Asian country.
Zimbabwe is facing a hunger crisis under lockdown. Getty Images

UN: Coronavirus lockdown curbs fuel urban hunger in Zimbabwe

Coronavirus restrictions have exacerbated hunger in urban Zimbabwe, where at least 2.4 million people are now struggling to meet basic food needs, the United Nations said Monday.
Sudan’s Finance Minister Jibril Ibrahim said clearance of the arrears would enable the country to secure financing from the World Bank Group and other multilateral institutions and move forward with transformative development projects.

Sudan closer to debt relief with U.S. loan to clear World Bank arrears

Sudan has settled its debts with the World Bank after nearly three decades, moving the heavily indebted African country closer to a much-needed international debt-relief package, the World Bank, U.S. Treasury and IMF said on Friday.
A girl gets inoculated with an Ebola vaccine in Goma, the Democratic Republic of the Congo. Pamela Tulizo/AFP via Getty Images

DR Congo starts countdown to end of Ebola outbreak in east

The Democratic Republic of Congo, where the deadly Ebola virus first emerged in 1976, has begun a countdown to the official end of its latest outbreak, this time in the east of the country, health authorities said on Tuesday.
Nigerian National Petroleum Corporation (NNPC)

NNPC justifies $1.5 billion Port Harcourt refinery rehabilitation cost

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has moved to justify the $1.5 billion contract cost for the rehabilitation of the Port Harcourt refinery, saying a new one may cost up to $12 billion to build.

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President Muhammadu Buhari on Saturday commended the early response of the military and the Kaduna State Government towards the rescue of 180 students and eight staff members of the Federal College of Forestry Mechanization, Afaka, in Igabi LGA.

President Buhari approves appointment of 18 appeal court judges

President Muhammadu Buhari has approved the appointment of 18 Justices of the Court of Appeal.
Speaking in the aftermath of his well-received publicity stunt of placing a huge banner featuring his likeness 200 meters from the Santiago Bernabeu, Joan Laporta continued to detail his project should he be successful in becoming Barcelona president.

Barcelona supremo: European Super League a ‘necessity’

Barcelona president Joan Laporta described the European Super League as a “necessity” on Thursday but said the final decision would be given to the club’s members.
The Red Cross voiced alarm Thursday over "horrific" accounts of sexual violence in Ethiopia's conflict-hit Tigray region, amid fears that rape was being used as a weapon of war.

Red Cross condemns ‘horrific’ sexual violence in Ethiopia’s Tigray

The Red Cross voiced alarm Thursday over "horrific" accounts of sexual violence in Ethiopia's conflict-hit Tigray region, amid fears that rape was being used as a weapon of war.
A Nigerian police officer holds a bunch of handcuffs in Abuja on October 3, 2020. Sodiq Adelakun-Channels TV

Nollywood actor arrested for ‘defiling’ minor

The case of defilement was reported on 19th April, 2021 by one Princess Adekola Adekanya at Sabo Police Station and transferred to the Gender Unit of the State CID, Panti, Yaba Lagos for proper investigation.
The Department of State Services, DSS, has denied any involvement in the attempt to arrest Yoruba activist, Sunday Igboho, at Ibadan, Oyo State.

Official: Dennis Amachree not speaking for DSS on Isa Pantami

Nigeria’s secret police, the Department of State Service (DSS) has disowned reasons adduced for its alleged failure to reveal alleged link of Malam Isa Pantami, the Minister of Communications and Digital Economy to terrorism before his confirmation as minister in 2019 adduced by one of its former officer, Dennis Amachree.

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Iran state TV identifies man it says was behind blast at Natanz nuclear site

Iran's state television on Saturday identified a man it said was behind a recent explosion and power outage at its main Natanz nuclear plant.
The Minister of Interior, Rauf Aregbesola, has instructed the Commandant-General of the Nigeria Security and Civil Defence Corps (NSCDC), Dr. Ahmed Audi, to return Nigeria back to the olden days when people could travel freely on the roads.

NSCDC commences selection, psychological evaluation for all-female squad

The Nigeria Security and Civil Defence Corps has commenced the selection process into its proposed female squad from the female personnel drawn from various state and the Federal Capital Territory commands.

Scores killed, houses razed in Benue petrol tanker explosion

Over 100 houses have been razed, scores killed and many declared missing after a tanker conveying petroleum product exploded at Oshigbudu in Agatu Local Government Area of Benue state.
Juventus

Juventus say ‘cannot assure’ Super League project will take off

Italian giants Juventus said Sunday that it could not guarantee that the breakaway Super League project would take off as it confirmed it was among the 12 European clubs involved.
The Minister of Transportation, Mr Rotimi Amaechi, says the Federal Government has extended the Lagos-Ibadan Modernisation Project from its original destination at Ebutte Meta to Lagos Ports.

Niger governor’s aide blames minister for non-operation of inland port

The Niger State Government at the weekend blamed the non-operation of the Baro Port in Katcha Local Government Area of the state on the Minister of Transportation, Rotimi Amaechi.