Shutdowns
Canada offers $37 million fund for virus-hit film productions
The government of Canada has launched a fund to make up to $37m (c$50m) available to compensate Canadian productions for COVID-19-related filming delays.
World’s gold miners wary of production ramp-up despite price surge
The world’s top gold miners are retrenching after COVID-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth.
Sub-Saharan Africa GDP to contract 3.1% this year
Sub-Saharan Africa’s economy will contract this year after shutdowns disrupted activity and as daily cases of coronavirus are still rising in the region but a recovery is expected next year, a Reuters poll found on Friday.
WHO warns virus may be here to stay as toll nears 300,000
The coronavirus may never go away and populations will have to learn to live with it just as they have HIV, the World Health Organization has warned, as the global death toll from the disease nears 300,000.
US borrows $3 trillion as coronavirus bites harder
The U.S. Treasury announced its borrowing will reach a record $3 trillion in the current quarter, as the coronavirus batters the economy and government spending increased, including through massive stimulus programmes.
US senator calls for a criminal antitrust probe into Amazon
Sen. Josh Hawley (R-MO) is calling on federal prosecutors to open a criminal antitrust investigation into Amazon, as laid out in a letter released on Tuesday.
Saudi relaxes virus lockdown except in hotspot Mecca — in pictures
Saudi Arabia on Sunday partially eased a 24-hour curfew in place to combat the coronavirus pandemic, except for in hotspots including the Muslim holy city of Mecca.
New York on coronavirus ‘descent’ as nationwide deaths top 40,000
Hospitalisation rates and reported deaths from the novel coronavirus continued to decrease in New York state on Sunday as Governor Andrew Cuomo said his state appears to be past a plateau of coronavirus cases.
World Bank: Sub-Saharan Africa to fall into recession in 2020
The rapidly-spreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years, the World Bank said in a new forecast on Thursday.
APN: Fake news on coronavirus can increase health issues
The Association of Psychiatrists of Nigeria (APN), has warned that fake news on COVID-19 pandemic could cause significant emotional distress to Nigerians and increase the rate of mental health problems in the country.
Oil prices plunge deeper as doubts grow over output cut deal
Oil prices fell sharply Monday after a meeting to discuss output cuts between OPEC and its allies was delayed, dimming hopes of swift action to support coronavirus-ravaged energy markets.
Hungary prepares $30bn package to jump-start economy
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.
Bill Gates: America missed opportunity to stay ahead of coronavirus
The novel coronavirus has infected more than 1,016,000 people and killed over 53,000 worldwide, according to Johns Hopkins University.
Saudi seizes five million illegally stored medical masks
Saudi authorities have seized more than five million medical masks that were illegally stockpiled amid the coronavirus outbreak, state media reported on Sunday.
South Africa begins ‘unprecedented’ military-patrolled lockdown
South Africa came under a nationwide military-patrolled lockdown on Friday, joining other African countries imposing strict curfews and shutdowns in an attempt to halt the spread of the coronavirus across the continent.
Ford decides to halt production in India, South Africa on coronavirus impact
Ford Motor Co said on Monday it has decided to temporarily halt vehicle and engine production at its factories in India, South Africa, Thailand and Vietnam in response to the growing impact of the coronavirus.
Report: African countries lost over $2 billion to Internet shutdowns
Twelve African economies lost out on over $2.16bn in economic activity last year due to Internet blackouts and social media shutdowns, according to a new report.
UN experts urge probe of Rohingya killings in Bangladesh
UN human rights experts have raised new concerns about the treatment of Rohingya refugees in Bangladesh following a deadly backlash over the killing of a ruling party official.
Recent Stories
World 100m champion suspended for two years
World champion sprinter Christian Coleman has been banned from athletics for two years for anti-doping violations, the Athletics Integrity Unit announced on Tuesday.
Nigerian government okays 1,500 civil servants for SMAT-P training
A total of 1, 500 civil servants have been selected to participate in the second batch of the Structured Assessment-Based Training Programme, SMAT-P, by the federal government, Head of the Civil Service of the Federation, Dr. Folasade Yemi-Esan, has said.
Nigerian government declares Thursday public holiday for Eidul-Mawlid celebration
The Federal Government has declared Thursday, October 29, 2020 a public holiday, according to the Ministry of Interior.
Nigeria receives $26.9 billion foreign support in six years – minister
Agba made this known on Tuesday in Abuja while briefing the House of Representatives Committee on Civil Society and Development Partners on Donor Funds Receipts, Transfers and Disbursement to Government Agencies, Civil Society and Non-Governmental Organisations in Nigeria.
Stock market sustains gains, advances by 0.7 per cent
The Nigerian equities market maintain a positive stance, on Tuesday, as the local bourse inched up by 0.70 per cent.
Most Popular
#EndSARS: Senator Akpabio leads federal government peace mission to Akwa Ibom, hails governor
Minister of Niger Delta Affairs Ministry, Senator Godswill Akpabio, has urged Akwa Ibom youths to embrace peace as President Buhari was committed to meeting their demands with regard to police reforms.
Cross River governor charges security agents to restore order in Calabar
Gov. Ben Ayade of Cross River has charged security agencies in the state to take legitimate actions to halt the spate of arson and carnage witnessed in some parts of Calabar.
Czech Police arrest man over attempt to disrupt #EndSARS protest
Police in the Czech Republic reportedly arrested a man who attempted to disrupt #EndSARS protesters on Sunday.
US election: Donald Trump votes in Florida
Trump voted at a library serving as a polling center in Florida, where he has a home and to which he switched his residency from his native New York.
#EndSARS: CAGG condemns ex-President Obasanjo’s statement
A Civil Society Organisation, Citizens Action for Good Governance, CAGG, Friday, condemned former President Olusegun Obasanjo, on a statement made over President Muhammadu Buhari, on the #EndSARS protests in the country.