IMF makes available $50 billion funding to combat coronavirus, as Kristalina Georgieva warns global growth may drop significantly in 2020
The International Monetary Fund (IMF) is making available about $50 billion through its rapid-disbursing emergency financing facilities for low income and emerging market countries to combat the coronavirus outbreak, IMF Managing Director Kristalina Georgieva said at...
Nigeria senate president Ahmad Lawan asks finance ministry to release N620 million to center for disease control to respond to coronavirus
Nigeria President of the Senate, Ahmad Lawan, has asked the Minister of Finance, Zainab Ahmed, to immediately release the sum of N620m to the Nigerian Centre for Disease Control (NCDC), an amount budgeted for emergency response...
$10 billion funding with zero interest rate available for African countries impacted by coronavirus, IMF boss Kristalina Georgieva says
The International Monetary Fund (IMF) has made available up to $10 billion funding with zero interest rate for low-income countries, especially Sub-Saharan African nations impacted by the current coronavirus outbreak, Managing Director Kristalina Georgieva announced on...
President Muhammadu Buhari commended Aliko Dangote Foundation (ADF) for donating the handsome sum of N200 million (about $550,000) to assist in combating the influx of coronavirus which causes a respiratory disease called Covid-19.
Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has called on community, religious and traditional leaders as well as unions, associations and educationists to cooperate with the State Government in spreading basic information to curb the spread...
The World Bank announced on Tuesday it was making available an initial package of up to $12 billion in immediate support for countries responding to the coronavirus which causes COVID-19 respiratory disease. The...
President of the Nigerian Senate, Ahmad Lawan, on Tuesday called for the urgent establishment of more isolation centers across the country as part of proactive measures against any further outbreak of coronavirus in the country.
Authorities have been unable to trace at least 73 persons who were on board a Turkish Airlines flight with coronavirus infected Italian patient, a week after he arrived Nigeria on Tuesday, February 25, 2020.
A Chinese national has been quarantined at Lagos Airport after he arrived the country on Monday aboard Ethiopian Airlines coughing persistently and raising fears he might have contracted the coronavirus which causes COVID-19 disease.
Additional 49 million Africans could be pushed into extreme poverty and continent could lose up to $189 billion of GDP in 2020 amid COVID-19...
The African Development Bank on Tuesday projected that an additional 49 million Africans could be pushed into extreme poverty as the...
An African Development Bank project to enhance market infrastructure, value addition and rural finance (MIVARF) in Tanzania produced highly satisfactory results,...
Africa’s chance at World Trade Organization and the Ngozi Okonjo-Iweala candidacy – Perspectives by Yushau A. Shuaib
With quite a reputation behind her, Dr. Ngozi Okonjo-Iweala appears to mean different things to different people across the spaces she...
Over 1000 participants from more than 100 countries meet to discuss sustainable development amid COVID-19
Facing the devastating impacts of COVID-19, which is threatening decades of progress in improving people’s lives, countries are meeting at the...
Read full article