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A medical worker wearing personal protective equipment (PPE) takes a swab sample from a man, as South Africa starts to relax some aspects of a stringent nationwide coronavirus disease (COVID-19) lockdown in Diepsloot near Johannesburg, South Africa, May 8, 2020. REUTERS/Siphiwe Sibeko/File Photo

OECD: South Africa economy could contract 8.2% if second coronavirus wave hits

South Africa’s economy could contract 8.2% this year, and grow just 0.6% in 2021, if a second wave of COVID-19 cases hits the country and its main trading partners, the OECD said on Friday.
AFDB President Akinwumi Adesina.

Akinwumi Adesina: Lagos-Abidjan highway will become reality

The African Development Bank (AfDB), says its portfolio investments in the Economic Community of West African States (ECOWAS) region is 20 billion dollars.
The border closure has affected goods from other West African countries. Wikimedia Commons

Nigeria’s border closure has implications for Africa’s economic integration

Nigeria recently partially closed its border with Benin in an effort to stem the smuggling of rice. It then went on to close its land borders to the movement of all goods from Benin, Niger and Cameroon, effectively banning trade flows with its neighbours.

Expert task federal government on creative innovation in transport sector

The Founder, National Association of Approved freight Forwarders, Dr. Boniface Aniebonam, has called on the Minister of Transport, Rotimi Ameachi, to explore creative, innovative and digital thinking in shaping transportation policies and actions.
This picture taken on Tuesday, July 17, shows trucks completely blocking a section of the Oshodi-Apapa Expressway at Second Rainbow inward Mile 2, and commercial buses driving against traffic.

How to decongest Apapa port – expert

A trade expert, Dr Olumuyiwa Alaba, has urged the Federal Government to introduce electronic call-up system to sanitise truck movement for speedy decongestion of Apapa port.

Minister: President Buhari’s support led to achievements in transport sector

The Minister of Transportation, Mr Rotimi Amaechi, says the support and commitment of President Muhammadu Buhari to the development of transport infrastructure led to his achievements in the last four years.

Central bank governor sets up panel to revive 50 textile firms

The Central Bank of Nigeria is targeting to revive at least 20 textile companies before the end of the 2019 fiscal period.

Shippers council cuts shipping charges at seaports

The Nigerian Shippers Council (NSC) yesterday said it has been able to reduce cost of doing business at the nation’s seaports by reducing shipping charges from 22 to five in the last few years.

VP Osinbajo: Era of undermining states’ economy is gone

Vice-President, Yemi Osinbajo, on Monday said that the Federal Government would continue to encourage partnership among states for their development.

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The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes trading for August with 0.30 per cent growth

The nation’s bourse commenced trading for August after Sallah break with a growth of 0.30 per cent on renewed bargain hunting.
The Chief Judge of Ogun, Justice Mosunmola Dipeolu, on Wednesday granted amnesty to 21 inmates in five Nigeria Correctional Services as part of the effort to decongest the centres across the state.

Ogun gets six new chief, senior magistrates

The Chief Judge of Ogun, Mosunmola Dipeolu, on Monday swore-in Chief and Senior Magistrates, urging them to uphold the ethics of the profession and dispense justice without fear and favour.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Eid-el-Kabir: Police record zero crime in Niger

The Police Command in Niger on Monday said it recorded no crimes during and immediately after the Eid-el-Kabir celebrations in the state.
Zimbabwean doctors have filed a lawsuit aimed at compelling the government to beef up coronavirus protection for public hospitals and healthcare workers.

Ondo doctors suspend strike

Medical doctors in Ondo State, under the auspices of the National Association of Government General Medical and Dental Practitioners, have suspended their industrial action.
Former Speaker of the House of Representatives, Yakubu Dogara, has dumped the opposition Peoples Democratic Party, PDP, for the ruling All Progressives Congress, APC.

Constituents laud ex-Speaker Dogara’s defection to APC

Members of the All Progressives Congress (APC) from the constituency of a former Speaker of House of Representatives, Yakubu Dogara, have commended his defection to the party.