UN Chief Urges Global Support for Africa as Virus Threatens Progress

AfricaInvestingNewsUN Chief Urges Global Support for Africa as Virus Threatens Progress

PilotnewsMay 20, 2020

United Nations Secretary-General, Antonio Guterres on Wednesday called for global solidarity with Africa, warning that the coronavirus pandemic threatens the continent’s progress. “It will aggravate long-standing inequalities and heighten hunger, malnutrition and vulnerability to disease,’’ Guterres said in a video message. According to him, already, demand for Africa’s commodities, tourism and remittances are declining. “The opening of the trade zone had been pushed back and millions could be pushed into extreme poverty,’’ Guterres said. The...

CONTINUE READING
COVID-19: FCT Council Enforces Suspension of Motorcycle Operations

BusinessCoronavirusHealthNewsNigeriaCOVID-19: FCT Council Enforces Suspension of Motorcycle Operations

PilotnewsMay 20, 2020

The Kuje Area Council in the FCT, has commenced enforcement of the suspension on all motorcycle operations in the area, aimed at curbing community spread of COVID-19. Mr Abdullahi Sabo, Chairman, Motorcycle Operators Restructuring Committee in Kuje, disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday. NAN recalls that the council had on May 12, announced the suspension. Sabo said that the development followed the daily rise in confirmed cases...

CONTINUE READING
100 Countries Get COVID-19 Support From the World Bank

CoronavirusMoneyNewsWorld News100 Countries Get COVID-19 Support From the World Bank

Adeola Oladipupo (Correspondent)May 20, 2020

In what he described as the largest and fastest crisis response in the Bank’s history, David Malpass, World Bank Group President, said the bank has provided emergency COVID-19 assistance to 100 developing countries, home to seventy percent of the world’s population. In the wake of the pandemic, the World Bank pledged $160 billion in grants and financial support over a 15-month period, an initiative it says would “help developing countries respond to the health, social...

CONTINUE READING
COVID-19: NCDC provides Guidance for Businesses to Take Responsibility, Re-Open Safely

CoronavirusEconomyNigeriaCOVID-19: NCDC provides Guidance for Businesses to Take Responsibility, Re-Open Safely

PilotnewsMay 19, 2020

The Nigeria Centre for Disease Control (NCDC), says it will provide guidance for businesses to take responsibility and re-open safely, as it continues to work to stop the spread of Coronavirus (COVID-19). The Director-General (DG), of NCDC, Dr. Chikwe Ihekweazu, said this at the Presidential Task Force (PTF), media briefing on Monday, in Abuja. Iheakweazu said President Muhammadu Buhari, had expressed concerns over the re-opening of the economy when the PTF briefed him on the...

CONTINUE READING
SPECIAL REPORT: Bar Owners Suffer Losses As Coronavirus Abates Nightlife

BusinessCoronavirusNewsNigeriaSpecial ReportSPECIAL REPORT: Bar Owners Suffer Losses As Coronavirus Abates Nightlife

Beloved John (Staff Writer)May 19, 2020

It is past 5, Wednesday evening, and Club 7 — a club and outdoor bar is still as empty as Jacob’s kettle. From a distance, one would think the club was closed for the day considering that the curfew was night time.  The rooms looked pale, the tiles were bare. R&B songs were playing,  underlyingly into the atmosphere as though it’s high tunes can attract the deadly virus. The outbreak of Covid-19 had turned a...

CONTINUE READING
Members of Abacha’s Government Knew About the Money Stashed Abroad – Buba Galadima

Law & JusticeMoneyNewsNigeriaMembers of Abacha’s Government Knew About the Money Stashed Abroad – Buba Galadima

Adeola Oladipupo (Correspondent)May 18, 2020

Buba Galadima, a Nigerian politician, has said that key members of the late General Sani Abacha’s government knew about the money the dictator stashed abroad. Mr. Galadima, a former ally – turned critic — of President Buhari revealed this in an interview with the Nation newspaper. He said the late Gen. Abacha was ‘rightly’ counselled by then Presidents Saddam Hussein and Muammar Gaddafi, to keep money abroad in order to survive sanctions by the United...

CONTINUE READING
Liberia’s Largest Palm Oil Project Lays Off 10% of Workforce

AfricaCoronavirusEconomyNewsLiberia’s Largest Palm Oil Project Lays Off 10% of Workforce

PilotnewsMay 17, 2020

MONVROVIA – Liberia’s largest palm oil company, Golden Veroleum, has laid off 443 employees, more than 10% of its workforce, due to persistently low prices and the economic fallout from the coronavirus pandemic, a company spokesman said on Saturday. Golden Veroleum is owned by the U.S.-based Verdant Fund LP, whose sole investor is Singapore-listed palm oil giant Golden Agri-Resources (GAGR.SI), the world’s second-largest palm oil plantation company. Golden Veroleum spokesman Alphonso Kofi told Reuters that the...

CONTINUE READING
COVID-19 Fallout: Osinbajo Highlights FG’s Palliative for MSMEs

CoronavirusEconomyNewsNigeriaCOVID-19 Fallout: Osinbajo Highlights FG’s Palliative for MSMEs

PilotnewsMay 16, 2020

Vice President Yemi Osinbajo, says the Federal Government has set up palliatives to assist Micro Small and Medium Enterprises(MSMEs) survive the economic fallout of the COVID-19 pandemic. The vice president said that the palliatives reflected the President Muhammadu Buhari administration’s determination to support MSMEs and the priority the Federal Government placed on small businesses. Osinbajo’s spokesman, Laolu Akande, in a statement, said the vice president performed the virtual launch of palliatives for MSMEs by the...

CONTINUE READING
Taraba NECAS Gets 30 Tractors Out of 600 Shares in the Northeast

BusinessFoodNewsNigeriaTaraba NECAS Gets 30 Tractors Out of 600 Shares in the Northeast

Ibrahim Abdul' Aziz (Correspondent)May 16, 20201

The North-East Commodity Association (NECAS), in Taraba State, has distributed 30 new tractors for this year’s agriculture to the Association’s 16 LG Chairmen. Chief of Policy Mechanisation, Engr. Sulaiman D. Sulaiman, who disclosed this during distribution exercise in Jalingo, said the tractors would be used for commercial purposes at a subsidizing rate for farmers to ease the misery they face in the state. He said that more than two thousand people, including women and youth,...

CONTINUE READING
FAAC: FG, States, LGs Share N606.196bn for April

MoneyNigeriaPoliticsFAAC: FG, States, LGs Share N606.196bn for April

PilotnewsMay 15, 2020

The Federation Accounts Allocation Committee (FAAC) has shared N606.196 billion to the three tiers of government for the month of April. Mr. Hassan Dodo, Director of Information in the Ministry of Finance, Budget and National Planning, made this known in a statement in Abuja on Friday. Dodo said the meeting, which held by virtual, was chaired by Dr Mahmoud Isa-Dutse, the Permanent Secretary in the ministry. He said the amount shared included Value Added Tax...

CONTINUE READING

Newer Posts

Older Posts

WP2Social Auto Publish Powered By : XYZScripts.com