Category: International

IMF Projects Recession For Sub-Saharan Africa In 2020
April 14, 2020 No Responses

IMF Projects Recession For Sub-Saharan Africa In 2020

Sub-Saharan Africa’s gross domestic product is expected to contract 1.6 per cent this year, compared with 3.1 per cent growth in 2019, as the coronavirus pandemic wrecks the region’s economies, the International Monetary Fund said on Tuesday.Various African governments have...
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COVID 19: Buhari Lauds EU’s Donation Of N21b
April 14, 2020 No Responses

COVID 19: Buhari Lauds EU’s Donation Of N21b

President Muhammadu Buhari Tuesday in Abuja commended the European Union for donating the sum of N21 billion (50 million Euros) to support Nigeria’s efforts at controlling the spread of the coronavirus pandemic.Receiving the EU delegation to the country, led...
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US Death Toll Passes 2,000 In A Day
April 11, 2020 No Responses

US Death Toll Passes 2,000 In A Day

The US has become the first country in the world to record more than 2,000 coronavirus deaths in a single day. Figures from Johns Hopkins University show 2,108 people died in the past 24 hours while there are now more...
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Kia Extends Vehicle Warranties Worldwide
April 9, 2020 No Responses

Kia Extends Vehicle Warranties Worldwide

Kia Motors Corporation on Thursday announced the launch of the ‘Kia Promise’, a global warranty extension program for its vehicles.The Kia Promise is designed to support Kia customers whose movements may be limited because of the COVID-19 pandemic.A statem...
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CMA CGM Crew Member Tests Negative For Coronavirus
April 3, 2020 No Responses

CMA CGM Crew Member Tests Negative For Coronavirus

The crew member on board the giant containership CMA CGM Marco Polo has tested negative for the coronavirus, the French liner company informed citing results from Spanish sanitation authorities.The affected seafarer was put in isolation on board the ship after...
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Coronavirus: Kenya Frees 4,800 Prisoners
April 2, 2020 No Responses

Coronavirus: Kenya Frees 4,800 Prisoners

Kenya’s Judiciary said on Thursday it has released 4,800 prisoners, who are serving sentences for petty offences to help contain the spread of the novel coronavirus in the country.David Maraga, Chief Justice, said the prisoners, who were serving jail terms.....
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Auto Sector Faces Biggest Crisis In 13 Years
March 31, 2020 No Responses

Auto Sector Faces Biggest Crisis In 13 Years

The automotive sector is facing its biggest challenge since the 2007-2009 financial crisis with 97% of light vehicle (LV) manufacturing plants in Europe and North America temporarily shut down.Already, key players in the sector are negotiating financial life l...
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IOSCO Staff Tests Positive For Covid-19
March 20, 2020 No Responses

IOSCO Staff Tests Positive For Covid-19

The IOSCO General Secretariat on Friday confirms that a member of its staff at its headquarters in Madrid has tested positive for Covid-19.IOSCO explained that the  individual is receiving medical treatment and “we wish our colleague a quick and full...
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New Kia Sorento Displays Strength, More Innovations
March 18, 2020 No Responses

New Kia Sorento Displays Strength, More Innovations

The new Kia Sorento was revealed for the first time on Wednesday. Powerful, progressive and versatile, the fourth generation of Kia Motors Corporation’s flagship SUV is designed and engineered to take on everything life throws at it. Raising standards i...
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Ecobank Transnational Incorporated Rejigs Board
March 18, 2020 No Responses

Ecobank Transnational Incorporated Rejigs Board

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, has announced two new appointments and changes on its Board of Directors.A statement issued by Group Head, Corporate Communications Ecobank Transnational Incorporated...
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Nigeria High Commission In Canada Suspends Passport Issuance
March 17, 2020 No Responses

Nigeria High Commission In Canada Suspends Passport Issuance

The Nigeria High Commission in Ottawa, Canada, on Tuesday said that it had suspended passport processing for Nigerians in different Canadian communities, to prevent the spread of the Coronavirus (COVID-19).The commission said in a statement made available to t...
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BMW Rejigs Logo
March 11, 2020 No Responses

BMW Rejigs Logo

The Bavarian Motor Works (BMW) has  rejiged its logo to a more transparent variant essentially for brand communication. This logo update is the sixth version since its first introduction in 1917.A statement explained that while the rejig is more than...
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Banks Brace For Coronavirus
March 9, 2020 No Responses

Banks Brace For Coronavirus

Many of the City of London’s biggest institutions are taking steps to combat the spread of the coronavirus. On Monday many of JPMorgan’s UK-based staff are being temporarily moved to a different office. They’re not alone. Goldman Sachs last w...
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Italy To Quarantine 16 Million People
March 8, 2020 No Responses

Italy To Quarantine 16 Million People

Italy is set to lock down at least 16 million people in the region of Lombardy and in 11 other provinces in the north and east of the country. The mandatory quarantine will last until early April. The dramatic escalation...
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