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Report: COVID-19 thwarts efforts to end currency black markets

The financial hit of the COVID-19 pandemic has slowed efforts by central banks in a range of countries to unify parallel exchange rates, leaving them with currency black markets that cause more economic damage, a report by the Institute of International Finance (IIF) has found. The report stated that 22 countries now have more than […]

Business

UK’s COVID-19 loans, financing hit $245.8bn

Britain’s finance ministry has said that a total of 179.1 billion pounds ($245.8 billion) of support had been provided via emergency state-backed lending programmes, helping roughly a quarter of companies in the country cope with the COVID- 19 crisis, according to a report by Reuters. The availability of funds from the Covid Corporate Financing Facility, […]

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Nigerian consulate in New York shut over staff’s exposure to COVID-19

The Nigerian consulate in New York has suspended operations temporarily, following the exposure of some of its staff members to the coronavirus (COVID-19) pandemic. It was gathered that the closure took effect on February 18, according to an online news portal, TheCable. In a public notice, the consulate said the closure became necessary as an […]

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Fight against COVID-19 in Nigeria inspires novel plan

…As Kaduna partners Zipline to ferry vaccines with drones A major revolutionary step towards reversing the losses to the Coronavirus disease (COVID-19), which has cost Kaduna State 57 lives, as at Saturday, February 6, has been taken with the signing of a first-of-its kind innovatory Memoradum of Understanding (MoU) between the Kaduna State Government and […]

Health

‘Adherence to COVID-19 safely protocols low’

Adherence to the new Health Protection Regulations 2021 signed into law by President Muhammadu Buhari last week, is low. Investigations by the New Telegraph revealed that since the law became effective on Monday, a lot of people in Lagos State have been moving in public places without their nose mask. It will be recalled that […]

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Lockdown averted 5.8m COVID-19 infections in Nigeria –Study

A study conducted by a team of international public health researchers has shown that the lockdown and restrictions imposed by the Federal Government in 2020 may have helped to avert no fewer than 5.8 million COVID-19 infections in the country. The researchers are drawn from institutions in three countries – Parexel International, Harvard University and […]

News

A’Ibom: Govt harps on COVID-19 protocols as 255 test positive

Akwa Ibom State Government has cautioned the residentsandcitizensof the state on the need to adhere strictly to COVID-19 protocols. This is as no fewer than 255 persons had in the past few weeks tested positive to the virus in the state. The implication of such a number of positive cases is that the 300-bed space […]

Islam

COVID-19: 75 Nigerian pilgrims begin Lesser Hajj rites Sunday

…complete mandatory 3-day quarantine in Madinah The 75 Nigerian Umrah pilgrims who arrived Madinah on Tuesday will begin Ummrah rites on Sunday. This followed the completion of a 3-day quarantine as part of Saudi Arabia precautionary measures to contain the spread of coronavirus. This will be the first set of Nigerians to have travelled to […]

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Global COVID-19 deaths pass 2m

More than two million people have now died with COVID-19 since the pandemic began, according to figures from Johns Hopkins University. The US has recorded more fatalities than any other country, with almost 390,000 deaths, followed by Brazil and India, with around 200,000 and 150,000 deaths respectively. More than 93 million infections have been recorded […]

Business

AFAN to FG: COVID-19’s threat to food security worrisome

…fears likely impact of second wave The All Farmers Association of Nigeria (AFAN) has urged the Federal Government to declare a state of emergency in the country’s food sector over impending second wave COVID-19 and other challenges in the country. The National President, AFAN, Kabir Ibrahim, an architect, in a chat with this newspaper, admitted […]

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