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IMF: Coronavirus vaccines rollout gives global economy fresh prospects

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The International Monetary Fund has said that the approval and rollout of vaccines have boosted expectations of a global recovery and lifted risk asset prices,...
Business

Nigerian government restates commitment to supporting MSMEs

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File Photo Federal Government has pledged it’s commitment to supporting Micro, Small and Medium Enterprises (MSMEs) in order to create more job opportunities for the...
Business Tech

India plans foreign investment rule changes that could hit Amazon

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India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including...
Business

Port Harcourt Disco denies sacking of workers in four states

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File Photo The Port Harcourt Electricity Distribution Company (PHED) has denied the rumour that it sacked some workers from its offices in Akwa Ibom, Bayelsa,...
Business Health

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

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ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread...
Business Finance

Nigeria’s debt increases to N32.2 trillion

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Nigeria’s debt stock has risen to N32.223 trillion as at September 2020. The Debt Management Office on Thursday released the third quarter country debt data...
African News

Ghana’s president to meet cabinet on possible school reopening – minister

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President Akufo-Addo will on Wednesday, December 30, meet cabinet to decide on the possible reopening of schools in January, Information Minister, Kojo Oppong Nkrumah has...
African News

South Africa tightens restrictions amid surge in coronavirus cases

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South Africa has announced tighter restrictions once again to combat the increase in coronavirus infections driven by a faster-spreading new variant. Among other restrictions announced...
African News

Namibia imposes coronavirus curfew, ban sale of alcohol on Sundays, public holidays

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Namibia on Wednesday imposed a 9.00 pm to 4.00 a.m. curfew from Jan. 13, 2021, as the country grapples with a second wave of COVID-19...
African News

Family stranded in South Africa as travel ban over mutant virus strain kicks in

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When businesswoman Marina Wessolowski arrived in Cape Town on Dec. 12 she was looking forward to spending Christmas with family and friends before flying back...
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