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President Cyril Ramaphosa urged developed economies to aid Africa’s post-pandemic recovery by allocating more International Monetary Fund (IMF) reserves to the continent.
The WHO is setting up a hub in South Africa to give companies from poor and middle-income countries the know-how and licenses to produce COVID-19 vaccines, in what President Cyril Ramaphosa called an historic step to spread lifesaving technology.
The revision of the import levy on cars from 30 per cent to five per cent by the federal government has taken a toll on the business plan of the Peugeot Automobile Nigeria (PAN).
A 2019 audit report of the Nigeria Extractive Industries Transparency Initiative (NEITI) has shown that Nigeria earned N79.96 billion from the solid minerals sector in 2019. The figure, which represents accruals to the federation and other subnational entities, shows a 15% increase when compared to the N69.47 billion recorded in 2018.
Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19 cases, causing the biggest backlog since at least 2019.
The People’s Democratic Party (PDP) has called on the United States, United Kingdom, Canada, Saudi Arabia and other members of the international community to immediately impose a visa ban on President Muhammadu Buhari and members of his cabinet involved in stifling free speech in Nigeria.
The Joint Minority Caucus of the National Assembly has condemned the Twitter ban directive of the Federal Government, describing the action as draconian and unacceptable.
Guatemala’s President Alejandro Giammattei criticized the country’s best-known graft prosecutor for what he said was a left-wing politicization of the fight against corruption, a view at odds with strong U.S. backing for his work
The World Health Organization (WHO) said on Tuesday it has approved a COVID-19 vaccine made by Sinovac Biotech for emergency use listing, paving the way for a second Chinese shot to be used in poor countries.
For a complete overhaul and turn-around maintenance that would ensure commencement of operations at the defunct Quality Ceramics Limited at Ikot Ebom Itam, Itu local Government Area of Akwa Ibom State, a stakeholder has said that about N900 million is needed.
The Vice Presidential Candidate of the People’s Democratic Party, PDP, in 2019 elections, Mr Peter Obi, has given, among others, low volume of export trade in African region, general lack of policies implementation, excessive urge to consume rather than produce, corruption and leadership failure, as the reasons for continued retrogression and under-development of the African continent, noting that if the African Trade Agreement were properly implemented, the continent would reap great fruits of development.
The Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI), Prof. Maiwalima Haruna, has disclosed that the dream of President Muhammadu Buhari to launch made-in- Nigeria helicopter before the end of his tenure is gradually coming to fulfillment as the project has entered an assessment stage by the aviation authorities.
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday appealed to bandits and others involved in unlawful activities to drop their arms and embrace the central bank’s Anchor Borrowers’ Programme (ABP).
The director-general of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, says tackling the inequality in global COVID vaccine distribution is needed for Africa’s sustainable recovery.
The World Health Organisation, WHO has said that the COVID-19 pandemic is being perpetuated by a “scandalous inequity” in vaccine distribution, even as it set new targets for protecting people in the poorest countries.
The Minister of Communications and Digital Economy, Dr. Isa Pantami, has expressed delight at the 6.47 per cent contribution by the ICT sector to the nation’s Gross Domestic Product in the first Quarter of 2021.
African Entrepreneurs have agreed to form an alliance in order to help mobilize all partners to support through financial assistance the private sector as well as the micro, small and medium-sized enterprises, MSMEs.
The Lagos Chamber of Commerce and Industry (LCCI) has said that the 2021 first quarter 0.40 percentage point Gross Domestic Product (GDP) increase, though a pleasant surprise, is not reflective of the manufacturing sector’s current realities.
The first official visit to Europe since the COVID-19 pandemic saw President Muhammadu Buhari going to Paris, France to participate in a summit convened by Emmanuel Macron, his counterpart in France, on the financing of African post-COVID economies.
Governor Simon Lalong of Plateau has condoled with the NASCO family, over the passing of the founder of the NASCO Group of Companies, Mr Ahmed Nasreddin, who died at the age of 96.
The European Commission has named Ghana as one of its possible manufacturing hubs of COVID-19 vaccines in Africa. A statement signed on Friday by Mr. Eugene Arhin, Acting Director of Communications at the Office of the President, said the announcement was made during a two-day working visit by President Nana Akufo-Addo to Brussels, Belgium, from on 19 and 20 May.
Belarus views Western sanctions, imposed in response to Minsk’s forced landing of a Ryanair plane last month to arrest a journalist on board, as a declaration of economic war, the Foreign Ministry said in a statement on Tuesday.
Iran accused the United States on Tuesday of interference for saying its election was neither free nor fair as political factions traded blame for the record low turnout and high number of invalid ballots.
China and its allies called on Tuesday for an independent investigation into the discovery last month of the remains of more than 200 indigenous children at a Canadian boarding school.
The Management of Ignatius Ajuru University of Education has suspended one Mr. Chimara Prince a student of Guidance & Counselling Department of the institution for allegedly being in possession of cannabis sativa, popularly known as Indian hemp.
President Muhammadu Buhari has approved the composition of the Federal Government’s Team to engage with Twitter over the recent suspension of the operations of the microblogging and social networking service in Nigeria.
Plastic surgeons in South Africa are preparing to reconstruct the face of a nine-year-old Zimbabwean boy mauled by a hyena in an attack last month.
Cristiano Ronaldo’s mother, Maria Dolores dos Santos Aveiro, believes that her talented son can play at the highest level for another few years.
The Federal Government has appointed erstwhile Super Eagles Skipper, Mikel Obi, Youth Ambassador.
Kei Kamara converted a penalty to take Sierra Leone to the Africa Cup of Nations for the first time since 1996 with a 1-0 win over Benin on Tuesday in a qualifier twice postponed due to a coronavirus tests drama.
The Federal High Court, Abuja, on Monday, ordered the Federal Government to pay 951 million dollars to the Bayelsa Government.