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African Union hails ‘African jewel’ as continental medical supplies platform launched

African leaders have lauded the launch of the continent's first medical supplies platform as the "jewel in the crown of Pan-African cooperation".

Lagos issues guidelines to ease registration, payment by contractors

In a bid to ensure the ease of doing business, particularly during the lockdown ordered by the Federal and the Lagos State Governments to curb further spread of the Coronavirus pandemic, the Lagos State Public Procurement Agency (PPA) has issued new guidelines for registration, renewal and upgrade of registration of contractors, suppliers and consultants with the agency.
Chinese technology giant Huawei on Monday assailed the latest US move to cut it off from semiconductor suppliers as a “pernicious” attack that will sow chaos in the global technology sector and other industries.

Huawei says ‘pernicious’ US chip restrictions threaten global economy

Chinese technology giant Huawei on Monday assailed the latest US move to cut it off from semiconductor suppliers as a “pernicious” attack that will sow chaos in the global technology sector and other industries.

Nigeria: Fuel subsidy will not return

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, and the Central Bank of Nigeria Governor, Mr Godwin Emefiele, made the pledge in a letter to the Managing Director of the International Monetary Fund, Mrs Kristalina Georgieva.
Shoppers walk past an Edgars store at a shopping centre in Soweto, southwest of Johannesburg, file. REUTERS-Siphiwe Sibeko

South African retailer Edcon to file for bankruptcy protection

South African non-food retailer Edcon will file for a form of bankruptcy protection after the coronavirus pandemic has hammered sales, leaving it without money to pay creditors and suppliers, it said on Wednesday.

AGRA invests $2.5 million to boost agri-business

The Alliance for a Green Revolution in Africa (AGRA) has invested its second tranche of $2.5 Million to boost the share capital of the Agri-Business Capital Fund (ABC Fund).
Men load sacks of rice among other food aid in a truck, to be distributed for those affected by procedures taken to curb the spread of coronavirus disease (COVID-19), in Abuja, Nigeria April 17, 2020. REUTERS-Afolabi Sotunde

How Africa risks reeling from a health crisis to a food crisis

In Nigeria’s Benue state, the food basket of the country, Mercy Yialase, sits in front of her idle rice mill. Demand is high across the nation, but she already has mounds of paddy rice that are going nowhere amid the COVID-19 lockdown.
A Uganda Airlines Bombardier CRJ-900 taxi is pictured during its relaunching flight to Jomo Kenyatta International Airport in Nairobi, Kenya August 27, 2019. REUTERS-Njeri Mwangi

IATA: Middle East, Africa governments need to act faster to protect airlines

Middle Eastern and African governments must act faster to protect their airlines, the International Air Transport Association said on Thursday, warning their losses from the coronavirus pandemic had risen to $23 billion.
Rio Tinto said on Tuesday operations at its mineral sands mine in South Africa will be halted and activity in Quebec, Canada will slow down due to government directives in both countries to stem the spread of the coronavirus.

Virus-control measures to hit Rio Tinto operations in South Africa, Canada

Rio Tinto said on Tuesday operations at its mineral sands mine in South Africa will be halted and activity in Quebec, Canada, will slow down due to government directives in both countries to stem the spread of the coronavirus.
The Nigerian Army has confiscated and destroyed food supplies, assorted provision and vehicles alleged to be logistics being transported to Boko Haram in their enclaves in Borno.

Nigerian Army destroys suspected Boko Haram food supply, other logistics in Borno

The Nigerian Army has confiscated and destroyed food supplies, assorted provision and vehicles alleged to be logistics being transported to Boko Haram in their enclaves in Borno.
Demand for products like hand sanitisers, face masks, and cleaning wipes have spiked since Friday when Africa’s most populous nation confirmed its first case of coronavirus.

Coronavirus: Nigeria probes increased prices for sanitisers, face masks

Nigerian authorities have begun an investigation into skyrocketing prices of hygienic masks and sanitising gels following the emergence of coronavirus in the West African nation, an official has said.
Organisers of the International Journalism Festival have cancelled the 2020 International Journalism Festival due to the public health risks caused by COVID-19.

Organisers cancel 2020 IJF over coronavirus

Organisers of the International Journalism Festival have cancelled the 2020 International Journalism Festival due to the public health risks caused by COVID-19.
The Federal Competition and Consumer Protection Commission (FCCPC) has frowned at the arbitrary increase in the prices of protective face masks and latex gloves by suppliers and retailers of the products.

Coronavirus: Nigeria frowns at arbitrary hike in price of face masks, others

The Federal Competition and Consumer Protection Commission (FCCPC) has frowned at the arbitrary increase in the prices of protective face masks and latex gloves by suppliers and retailers of the products.
Governor of Lagos State, Mr. Babajide Sanwo-Olu, has promised the support of his administration for creative industry with a view to making the sector achieve a sustainable economic status. 4

Lagos committed to creating enabling environment for business growth – governor

Lagos State Governor Babajide Sanwo-Olu, on Wednesday said that the State would continue to create the enabling environment for more businesses to grow.

Aero Contractors resume Benin-Lagos operations

Riding on the back of growing passenger movement from the Benin Airport, Aero Contractors has concluded plans to commence operations on the Benin-Lagos route, with the first flight scheduled for September 16.
Central Bank of Nigeria - CBN

Central bank orders private, public firms to pay salaries, taxes, pensions electronically

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to dishonour instructions on the payment of salaries, pensions, and taxes of public and private companies that are not transmitted on approved electronic payment and collection platforms.

Central bank to sanction banks for e-payment breach

Bank chiefs who breach Central Bank of Nigeria’s (CBNs) e-payment reporting rules, including using unapproved third party end-to-end payment solution are to face sanctions, the apex bank said on Tuesday.
Vice President Mike Pence and Polish Prime Minister Mateusz Morawiecki signed the deal in Warsaw, where Pence is filling in for President Donald Trump, who scrapped his trip at the last minute because of Hurricane Dorian.

US, Poland sign joint document on 5G technology cooperation

The U.S. and Poland signed an agreement on Monday to cooperate on new 5G technology amid growing concerns about Chinese telecommunications giant Huawei.

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The National Coordinator of the Presidential Task Force (PTF) on COVID-19, Dr Sani Aliyu, says restriction measures like social distancing, and wearing of face masks need to continue during the period of Ramadan, which is around the corner.

PTF: No time frame for train service resumption

The Presidential Task Force (PTF) on COVID-19 on Thursday said the rail station would implement COVID-19 protocol similar to the airports before resumption of train service in order to tackle COVID-19 pandemic.
South Sudanese President Salva Kiir arrives for talks at the African Union aimed at forming a power-sharing government ahead of a February 22 deadline, in Addis Ababa on February 08, 2020. (Photo by MICHAEL TEWELDE - AFP)

South Sudan leader urged to appoint women leaders

South Sudanese women activists are urging President Salva Kiir to revoke the appointments of state governors in order to include women’s representatives in accordance with the provisions of the revitalised peace agreement.
Institute of Chartered Accountants of Nigeria (ICAN)

Jos ICAN elects new executives

The Institute of Chartered Accountants of Nigeria (ICAN), Jos and District Society has elected Julius Dooiyor as Chairman for a second term in office.
Lionel Messi is reportedly becoming ‘worried’ that problems at Barcelona are beginning to mirror his international career with Argentina.

Zinedine Zidane wants Lionel Messi to stay in Spain despite Barcelona exit claims

Lionel Messi was reported on Thursday to be planning to leave Barcelona in 2021, but Real Madrid coach Zinedine Zidane was hoping the Argentine maestro will stay in Spain.
Illustration photo shows a two-rand coin above a South African flag April 12, 2017. REUTERS-Thomas White-Illustration

South African rand opens stronger after positive data

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.