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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.

Cyril Ramaphosa demands more IMF reserves for African coronavirus recovery

President Cyril Ramaphosa urged developed economies to aid Africa’s post-pandemic recovery by allocating more International Monetary Fund (IMF) reserves to the continent.
FILE PHOTO - A logo is pictured outside a building of the World Health Organization (WHO) during an executive board meeting on update on the coronavirus disease (COVID-19) outbreak, in Geneva, Switzerland, April 6, 2021. REUTERS-Denis Balibouse

WHO setting up hub to make coronavirus vaccines in South Africa

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.

PAN laments negative impact of levy reduction on imported vehicles

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).
The Nigeria Extractive Industries Transparency Initiative, NEITI, has said that it will be working with the Corporate Affairs Commission, CAC, to identify, document and disclose the real owners of Nigeria’s oil, gas and mining assets under the country’s implementation of Beneficial Ownership policy of the global extractive industries transparency initiative.

NEITI: Nigeria realised N79.96 billion from solid minerals in 2019

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.
A cargo ship carrying containers is seen near the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong province, China May 17, 2020. REUTERS-Martin Pollard-File Photo-File Photo

Congestion at South China ports worsens on anti-coronavirus measures

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 National Publicity Secretary, Kola Ologbondiyan, “He is fully aware of the constitutional implication of his decision to defect to another party; which is that he cannot continue to occupy the seat of the PDP in the Senate.

PDP urges visa ban on President Buhari, others over Twitter saga

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.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

National Assembly minority caucus urges Nigerians to continue to use Twitter

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 speaks during an interview with Reuters at the National Palace of Culture in Guatemala City, Guatemala June 1, 2021. REUTERS-Sandra Sebastian

Guatemalan president says graft fighter biased, ahead of Harris visit

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.

WHO approves Sinovac coronavirus shot in second Chinese milestone

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.

Investor canvasses N900 million for restart of sanitary wares production

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.
PDP Vice Presidential Candidate, Mr. Peter Obi before the opening statements of the Chairman 2019 Presidential Election Appeal Panel, Justice Zainab Adamu Bulkachawa during the opening of the hearing for the petition against the re-election of President Muhammadu Buhari at the Court of Appeal, Abuja. Photo by Abayomi Adeshida

Peter Obi: Why Africa continues to retrogress economically

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.
1. President Muhammadu Buhari is presiding over the 44th virtual meeting of the Federal Executive Council (FEC).

President Buhari to launch made-in-Nigeria helicopter

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.

CBN governor urges bandits to drop arms, embrace anchor borrowers’ programme

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).
FILE PHOTO: Director-General of the World Trade Organisation Ngozi Okonjo-Iweala speaks during a press conference remotely on the annual global WTO trade forecast at the headquarters of the World Trade Organization (WTO) in Geneva, Switzerland March 31, 2021. Salvatore Di Nolfi/Pool via Reuters/File Photo

WTO chief: Vaccine inequality must be corrected for quick coronavirus recovery in Africa

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.
Director-General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus speaks during a news conference after a meeting of the Emergency Committee on the novel coronavirus (2019-nCoV) in Geneva, Switzerland January 30, 2020. REUTERS

WHO: Coronavirus pandemic driven by ‘scandalous inequity’ in vaccine distribution

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.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami

Minister expresses delight as ICT contributes 6.47% to GDP in 2021 Q1

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 agree to form alliance for private sector financing

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.

LCCI: Nigeria’s economic growth not reflective of manufacturing sector’s reality

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.
President Buhari and President Macron on arrival of the Nigerian president at Grand Palais Éphémère for the Plenary Session of the African Finance Summit in Paris, France on 18th May 2021

Takeaways from President Buhari’s visit to France

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, addressing stakeholders during a meeting to discuss the COVID-19 situation in the state, on Monday at Government House Jos.

Plateau governor mourns as NASCO founder passes on at 96

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 founder of NASCO Group of Companies, Ahmed Nasreddin, has died at the age of 96.

NASCO founder dies at 96

The founder of NASCO Group of Companies, Ahmed Nasreddin, has died at the age of 96.
Russia-linked sources are using social media in an attempt to influence elections in the European Union, according to a new report on disinformation released today by the European Commission, just one month after parliamentary elections in the union.

EU chooses Ghana as possible manufacturing hub for coronavirus vaccines

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.

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FILE PHOTO - Belarus President Alexander Lukashenko attends the Roundtable Summit Phase One Sessions of Belt and Road Forum at the International Conference Center in Yanqi Lake on May 15, 2017 in Beijing, China. REUTERS-Lintao Zhang-Pool

Belarus: Western sanctions bordering on a ‘declaration of economic war’

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.
Supporters of Ebrahim Raisi celebrate his presidential election victory in Tehran, Iran June 19, 2021. Majid Asgaripour-WANA (West Asia News Agency) via REUTERS

Iran accuses U.S. of meddling for criticising election

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.
People visit a makeshift memorial on the grounds of the former Kamloops Indian Residential School, after the Tk'emlups te Secwepemc band council encouraged mourners to take part in a national day of prayer to honour the remains of 215 children that were found at the site in Kamloops, British Columbia, Canada June 6, 2021. REUTERS/Jennifer Gauthier//File Photo

China, allies seek probe into indigenous children’s remains in Canada

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.
A lecturer has been dismissed, while 10 other lecturers have been suspended at Ignatius Ajuru University of Education, Port Harcourt, over the allegation of demanding cash or sex for grades from desperate students.

Rivers university student nabbed with ‘Indian hemp’

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.
The weekly virtual meeting of the Federal Executive Council (FEC) is taking place at the State House, Abuja with President Muhammadu Buhari presiding.

President Buhari names team to engage with Twitter

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.

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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. Rodwell Khomazana lost his nose, left eye, most of his upper lip, bits of his forehead and other parts of his face when he was attacked during a nighttime church service outside Harare on 2 May.

South African surgeons to reconstruct face of nine-year-old boy after hyena attack

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.
Juventus manager Maurizio Sarri praised Cristiano Ronaldo’s mother Maria Dolores dos Santos Aveiro after their 3-0 victory against Roma in the Coppa Italia on Wednesday evening.

Cristiano Ronaldo has three years left in his career – mother

Cristiano Ronaldo’s mother, Maria Dolores dos Santos Aveiro, believes that her talented son can play at the highest level for another few years.
Former Super Eagles skipper John Obi Mikel has reacted for the first time after his contract termination by Trabzonspor over coronavirus comment.

Nigerian government appoints Mikel Obi as youth ambassador

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.

Clubless Kei Kamara takes Sierra Leone back to AFCON

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.
Justice I.M. Sani of the Federal High Court sitting in Port Harcourt, Rivers State has convicted and sentenced two false whistle blowers- Dominic Okem and Chukwunonso Igweonu, to two months imprisonment each for conspiracy and giving false information

Court orders federal government to pay Bayelsa $951 million derivative arrears

The Federal High Court, Abuja, on Monday, ordered the Federal Government to pay 951 million dollars to the Bayelsa Government.