South Africa’s coronavirus cases ascend to 709

South Africa’s coronavirus cases ascend to 709 South Africa’s number of coronavirus cases has ascended to 709, from 554 on Tuesday, Health Minister Zweli Mkhize said on Wednesday. “We are currently at 709 cases,” he stated, talking on neighborhood news channel SABC

Italy coronavirus loss of life ascends by 793 to 4,825

The loss of life from the new coronavirus has outperformed 5,000 in Europe, with Italy, Spain and Germany detailing a lofty ascent in contaminations. Overall passings flooded past 11,000 on Saturday, as indicated by information gathered by the Johns Hopkins University in the United States. In excess of 277,000 individuals have been infected, while somewhere… Read More »

UK State Plans To Pay Workers’ Wages To Arise From Coronavirus Layoffs

England’s legislature will pay a monstrous portion of private area wage bills to dishearten supervisors from terminating staff as it resorts to war-time levels of getting to prop up the economy during its coronavirus shutdown. “Today I can declare that without precedent for our history the administration is going to step in and help to… Read More »

Coronavirus testing kits rolled out for frontline NHS staff

Cutting edge NHS staff in England will start being texted this end of the week to check whether they have coronavirus. Laborers with side effects or the individuals who live with individuals who have manifestations will be checked – beginning with basic consideration specialists and attendants. It follows analysis over an absence of testing for… Read More »

First coronavirus death confirmed in SA

The coronavirus loss of life in South Africa has been updated to one. “It was recently announced that two patients had kicked the bucket because of the COVID-19 infection. “The Department of Health says the principal tolerant was a 48-year-old female who tried positive for COVID-19 on the 23rd March 2020. She was experiencing a… Read More »

Health Minister of South Africa said 31 coronavirus recoveries Recorded

Johannesburg – Health Minister Zweli Mkhize has affirmed that there have been 31 recuperations from coronavirus  in South Africa so far as the fight to contain the ‘undetectable adversary’, coronavirus, proceeds The minister likewise explained that there was only one coronavirus demise, not two as the division had before asserted on Friday morning. This implies… Read More »

US coronavirus cases flood, most in world

The United States presently has more coronavirus cases than some other nation with more than 82,400, as indicated by Johns Hopkins University. There were in excess of 81,700 known cases in China and 80,500 in Italy. More than 120,000 individuals worldwide have recuperated from COVID-19, while in excess of 23,000 individuals have passed on. Italy… Read More »

10 Ways to Prevent Corona Virus (COVID-19)

With the case of coronavirus recorded in Africa, so many Africans have been thrown into panic, but while at it. The federal government and state government with other agencies should educate and inform the people on different steps to be taken to prevent and combat the spread of coronavirus. Tips to prevent coronavirus. 1: Improve… Read More »

Covid-19 update: Cat tests positive in Hong Kong

A pet feline has tried positive for the coronavirus in Hong Kong after its proprietor was affirmed positive as well. Hong Kong’s Agricultural and Fisheries office said the creature has not given any indications of the malady. “Tests gathered from the feline’s mouth, nose and rectum tried positive for the coronavirus after it was sent… Read More »

Budget: FG to retain $30 benchmark despite oil price fall

The Federal Government is not considering tinkering with the $30 per barrel oil price benchmark for the 2020 budget despite the drop in crude oil price, investigations have revealed. Crude oil prices had dropped from about $46.64 per barrel in February to less than $20 per barrel. The Federal Government had in the 2020 budget… Read More »

Why NSE recorded increase amidst COVID-19

Analysts have attributed the recent increase in investment recorded on the floor of the Nigerian Stock Exchange to a lot of reasons, especially on the portfolio investors’ cash trapped in the country. The MD/CEO, Capital Square Limited and the Acting Chairman Financial Group, Lagos Chambers Of Commerce and Industry (LCCI), Obinna Anyanwu, explained that at… Read More »

Why Nigeria deserves debt relief – Finance Minister, Wabba

President of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba has joined the clamour for debt relief for Nigeria from multilateral institutions, noting that this becomes inevitable under the current circumstances imposed on global economies, specifically, the novel coronavirus pandemic. Justifying the need for debt forgiveness, Wabba said, “The response of the International Monetary Fund… Read More »

NDDC Covid-19 PPE contract fraud denied

The Niger Delta Development Commission (NDDC) has denied awarding a contract of N5.55 billion for the procurement of Personal Protection Equipment (PPE) and other kits to fight the spread of COVID 19 in the Niger Delta region, describing the allegation as false. The Commission which made the clarification in a statement by Mr. Charles Odili,… Read More »

UPDATED: Nigeria records 87 new COVID-19 cases, total death now 35

Nigeria on Saturday recorded 87 new cases of the novel coronavirus, bringing the country’s total infections to 1,182, according to the Nigeria Centre for Disease Control (NCDC). According to the NCDC in a tweet via its official handle, 33 of the new infections were recorded in Lagos, 18 in Borno, 12 in Osun, nine in… Read More »

Africa COVID-19 cases hit 28,000 – WHO

The World Health Organisation (WHO) Regional Office for Africa in Brazzaville, Congo, says that the number of Africa Covid-19 cases has increased to 28,000. The UN’s health agency gave the update on its official twitter account @WHOAFRO on Saturday. “Over 28,000 COVID-19 cases reported on the African continent – with over 8,000 associated recoveries and… Read More »

Arik Air cuts salaries by 80 percent

90 per cent of work force to proceed on leave without pay   The impact of the coronavirus (COVID-19) pandemic is beginning to take its toll on Nigeria’s aviation industry, as flag carrier Arik Air cuts salaries by 80 percent for all its workers for April, 2020. The decision to cut salaries, sources close to… Read More »

UNCTAD seeks $3.4tn debt write off for Nigeria, others

The United Nations Conference on Trade and Development is calling for urgent measures to address the debt burden estimated at $3.4tn in Nigeria and other developing countries facing economic disaster as a result of the coronavirus pandemic. UNCTAD in a report released on Thursday said developing countries were facing a looming debt disaster as most… Read More »

Goldman Sachs foresees another oil price crash

While it may be tempting to argue that the worst is behind us for oil price given the historic collapse in WTI which crashed to negative $40 on Monday as holders of May WTI futures panicked to sell their holdings at any price – even paying the “buyer” for taking possession of the deliverable barrels… Read More »

CBN increases cargo imports exchange rate

There was unease in the seaports on Thursday following the recent increase of the exchange rate for import duty payment  from N326 per dollar to N361. Punch correspondent gathered that in line with the increment, the Nigeria Customs Service has effected an increase in duty payable on cargoes imported through the ports. The development has… Read More »

Nigeria posts $434.85m crude oil export sales

Nigeria recorded crude oil and gas export sale of $434.85million in January, an increase of 94.30 per cent pitched against the December 2019 figures, the Nigerian National Petroleum Corporation’s (NNPC) Monthly Financial and Operations Report, has stated. The statement by the corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, said the month’s… Read More »

ECOWAS seeks debt cancellation for African countries

The Economic Community of West African States (ECOWAS), has called for total debts cancellation for African countries so that the continent could be able to survive the effect of the Novel Coronavirus (COVID-19) Pandemic. This was one of the issues that dominated the extraordinary summit of the Heads of State and Government of ECOWAS, which… Read More »

Immigration extends temporary suspension of passport

The Nigerian Immigration Service (NIS) on Thursday extended the temporary suspension of processing of passports and migrant e-registration from April 23 to May 23, 2020. The extension, it said, was endorsed by the Comptroller General of the Service, Muhammad Babandede, pursuant to the directive of the Federal Government on restrictions on international flights and closure… Read More »

Sweden resisted a lockdown, Stockholm to reach herd immunity in weeks

Its neighbors closed borders, schools, bars and businesses as the coronavirus pandemic swept through Europe, but Sweden went against the grain by keeping public life as unrestricted as possible. The strategy — aimed at allowing some exposure to the virus in order to build immunity among the general population while protecting high-risk groups like the elderly —… Read More »

Nigeria confirms 31 deaths, 108 new cases of Covid-19

One hundred and eight new cases of coronavirus have been recorded in NIgeria. The Nigeria Centre for Disease Control (NCDC) said 78 of the new cases are in Lagos, fourteen in the FCT, five in Ogun State, four in Gombe State, three in Borno State, two in Akwa Ibom State and one each in Kwara… Read More »

South Africa to ease lockdown from May 1

South Africa’s President Cyril Ramaphosa on Thursday said a five-week nationwide coronavirus lockdown would be slowly eased starting from next month. “We have accordingly decided that beyond Thursday the 30th of April, we should begin a gradual and phased recovery,” Ramaphosa said in a televised speech. “We will implement what we call a risk-adjusted strategy… Read More »

Oilfield closures, job losses loom in Nigeria — Experts

The steep drop in crude oil prices have put most Nigerian oil companies at risk, with industry experts saying oilfield shutdowns and job losses are imminent. The global oil benchmark, Brent crude, fell on Wednesday to as low as $15.98 per barrel, its lowest since June 1999, before rising to $20.87 per barrel as of… Read More »

Oil crash: NNPC may halt Oil production

Nigeria has not stopped producing crude oil but a persistent crash in oil prices may lead to a halt in production, the Nigerian National Petroleum Corporation, NNPC has declared. On Tuesday, Brent, against which Nigeria’s crude oil is priced, fell by $6.34 to $19.23 per barrel amid demand collapse caused by reduced economic activities. Nigeria… Read More »

Italy begins antibody tests for coronavirus immunity

Italy began conducting antibody tests in the northern region of Lombardy on Thursday, seeking information about coronavirus immunity to help guide authorities as they reopen the long locked-down country. Lombardy, the region hardest-hit by the coronavirus crisis in Europe’s worst-affected country, is betting that the science about “herd immunity” derived from the blood tests will… Read More »

EU releases €1.2 million for Coronavirus fight in Nigeria

The United Nations, UN this Tuesday announced that it has received 1.2 million euros from the European Union, EU for the provision of lifesaving preparedness and response activities for COVID-19 in Nigeria. The humanitarian funding received will further the UN’S covid-19 response in Nigeria, by engaging with communities on how to best protect themselves from… Read More »