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National Information Technology Development Agency (NITDA) has put numerous efforts in creating an enabling environment for the purpose of cushioning the effect of the pandemic and creating more jobs, the director-general of NITDA, Mallam Kashifu Inuwa has said.
South Africa’s rand opened stronger on Friday and was on course for gains of roughly 2% against the dollar this week, after the first current account surplus in 17 years and an upbeat U.S. jobs report.
The Presidential Economic Advisory Council yesterday warned that the smooth implementation of the N2.3trn stimulus package could be hampered if the ensuing problems were left unattended to.
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 World Bank has accessed the impact of the rampaging COVID-19 pestilence and predicted that 95.7 million Nigerians will live below the poverty line by 2022.
Coalition of Societies for the Rights of Older Persons in Nigeria (COSROPIN), has urged the Federal Government to strengthen policies that would transform the country into a world class tourist hub.
The World Bank has approved a 750 million dollar International Development Association (IDA) credit for Nigeria’s Power Sector Recovery Operation (PSRO) to improve electricity supply.
The displacement of thousands of overseas Filipino workers (OFWs) due to the COVID-19 pandemic may drag the Philippines‘ GDP growth down by 0.4 percent this year due to the reduction in remittances, the Philippine central bank said.
Mr Olamilekan Adegbite, Minister of Mines and Steel Development, says the Federal Government has designated seven of the country’s strategic minerals to unlock the enormous potential in the mining sector.
The Federal Government has faulted former Vice President Atiku Abubakar’s comment on the debt profile of the nation saying his comments were based “on scaremongering anchored on a false premise.”
The Minister of Communications and Digital Economy, Dr Isa Pantami, has expressed delight over the growth of ICT’s contribution to Nigeria’s GDP in the first quarter of 2020 (Q1 2020).
As President Muhammadu Buhari’s administration clocks five years on May 29, the Presidency has said that the victory of the President in 2015 saved the country from total collapse.
Nigeria’s Gross Domestic Product (GDP) grew by 1.87% on a year-on-year basis in the first quarter of 2020 despite many economic contractions around the world, a new by National Bureau of Statistics report has shown.
S&P Global Ratings on Friday said it projects South Africa’s economy to shrink by 4.5% this year as a result of the COVID-19 pandemic that has impacted production and consumption.
Tunisia’s GDP shrank by 1.7% year-on year in the first quarter of 2020, the State Statistics Institute said on Friday, as the vital tourism sector has been hit hard by the coronavirus crisis.
The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim (Pantami), has commended Governors El-Rufai, Uzodimma, Masari and Lalong for implementing Right of Way Resolution.
The World Bank has got a proposal of 1.5 billion dollars to states as part of economic stimulus to cushion the impact of the COVID-19 pandemic, says Minister of Finance, Zainab Ahmed.
Nigeria’s airspace will roar back to life on Wednesday as six domestic carriers are set to resume flights after more than three months of shut down.
People with underlying medical conditions such as high blood pressure, diabetes, heart disease, renal disease, asthma and chronic respiratory disease are more vulnerable to developing severe complications and dying from coronavirus, Ramaphosa said, citing data from the Department of Health.
Dr Jones Stowe, the Director of Public Health and member of state COVID-19 Task Force who gave the update in a statement on Monday in Yenagoa, said the new death brought the total number of deaths in the state to 16.
The Acting Chairman of the Ondo State chapter of Social Democratic Party (SDP), Mr Dele Thomas, has pleaded with the Inspector-General of Police to instruct the state commissioner of police to seal up the party secretariat in the state.
The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said that the federal government does not have the resources to deliver on development ambitions and the infrastructural projects it had committed to as a result of the economic downturn.
The World Health Organization (WHO) does not think there are manifold undetected coronavirus infections in Africa with people dying unreported, the regional director of the organisation said on Thursday.
Inter had forged ahead in the first half courtesy of Romelu Lukaku before Bologna's Roberto Soriano received a red card for dissent after 57 minutes.
Nigeria and 25 other countries in Africa and Asia are to benefit from lifesaving cancer treatments supported by the American Cancer Society (ACS) and the Clinton Health Access Initiative (CHAI).
Valtteri Bottas stayed calm in a stormy race on Sunday to claim a measured victory for Mercedes as Formula One returned with a bang in a belated, dramatic and incident-strewn 2020 season-opening Austrian Grand Prix.
The 18-year old put pen to paper on a new contract that will tie him to the Emirates Stadium until 2024. He had a year left to run on his previous deal and it looked as though he was not going to commit.