Tag: Covid-19

China’s daily COVID-19 cases hit record high

China’s daily COVID-19 cases have hit a record high since the beginning of the pandemic, official data showed on Thursday, as the country works to curb the spread with snap…

Read More Arrow

COMPANIES IN NIGERIA, AFRICA GENERALLY ARE YET TO GET A HEIGHTENED LEVEL OF COMPLIANCE – PATTISON BOLEIGHA

At the recently marked IFCA Global Compliance Conference, an important global occasion that serves to highlight both the key strides made by Chief Compliance Officers of Banks across the globe,…

Read More Arrow

Cameroon-South Africa: New revelations in the ‘Danpullo affair’

Liquidation of the billionaire's company in South Africa, interventions by presidents Paul Biya and Macky Sall, concerns from embassies in Yaoundé, the responses of MTN and Colin Mukete, chairman of…

Read More Arrow

Domestic airlines move to stop National carrier project, sue FG, others

Domestic airlines have sued the Federal Government and its foreign technical partner and majority shareholders, threatening to halt the national carrier project. On Friday, eight local airlines and their trade…

Read More Arrow

FG to exclude persons, firms on AMCON debtors list from govt contracts

An inter-agency committee set up on the recovery of debts owed to the Asset Management Corporation of Nigeria (AMCON) has submitted its report to the Federal Government and is urging…

Read More Arrow

Pfizer to hike U.S. COVID vaccine price by over 300% to $110-$130 per dose

Pfizer Inc expects to roughly quadruple the price of its COVID-19 vaccine to about $110 to $130 per dose after the United States government’s current purchase program expires, Pfizer executive…

Read More Arrow

Oil Prices Climb On Supply Disruption, Weaker U.S. Dollar

Oil prices climbed on Tuesday, bolstered by a weaker U.S. dollar and supply woes, although gains were capped by the specter of lower fuel demand from China as it persists…

Read More Arrow

General Electric Laying Off 20% Of Its 38,000 Workforce As Part Of Turnaround Strategy

General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and resize the business, which is grappling with weak demand, rising…

Read More Arrow

African Governments Urgently Need to Restore Macro-Economic Stability and Protect the Poor in a Context of Slow Growth, High Inflation

Global headwinds are slowing Africa’s economic growth as countries continue to contend with rising inflation, hindering progress on poverty reduction. The risk of stagflation comes at a time when high…

Read More Arrow

Statement by IMF Managing Director Kristalina Georgieva on her Visit to Saudi Arabia

International Monetary Fund (IMF) Managing Director Kristalina Georgieva made the following statement today at the end of her two-day visit to Saudi Arabia: “It has been a great pleasure to…

Read More Arrow