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Global stocks waver as coronavirus fears trump recovery hopes

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Global stock markets wavered on Monday as soaring COVID-19 cases offset investor hopes of a quick economic recovery, even after data showing that the Chinese...
African News Health

France, World Bank, AfDB pledge $25.5 billion against desertification in Africa

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The war against desertification in Africa has gotten a boost with funding coming from multinational donor agencies and the government of France. The financiers committed...
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...
African News Business News US

World Bank predicts extreme poverty and depressed economies in Africa

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The World Bank has called for rapid COVID-19 action, including a faster vaccination process, to limit the damage to global growth in 2021. In its...
Business

OPEC+ meeting to decide oil production levels after a dismal 2020

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Members of the OPEC group of oil producers and their partners will meet via videoconference on Monday to decide on production levels for February, hoping...
Business Entertainment Finance

Lagos chamber hints of rising inflationary rate in 2021

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Lagos Chamber of Commerce & Industry The Lagos Chamber of Commerce and Industry (LCCI) says inflation rate will rise in 2021. The chamber made the...
African News

Three Zamfara traders killed in kidnappers’ den

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Three Zamfara traders, who were abducted on their way to Kano about three weeks ago, have reportedly died in kidnappers’ den. They were among 13...
African News Canada

DR Congo approves ‘MANACOVID’ as anti-covid drug

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The Luozi pharmaceutical research centre (CRPL), on Tuesday approved the “MANACOVID” drug to treat the coronavirus (COVID-19) in DR Congo. A statement issued in Kinshasa...
African News

Eswatini premier dies of coronavirus

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The government of Eswatini says Prime Minister Ambrose Dlamini has died, four weeks after he tested positive for coronavirus. A government statement said Dlamini, 52,...