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COVID-19 Makes External Borrowing Unattractive, Says Buhari

COVID-19 Makes External Borrowing Unattractive, Says Buhari   The Coronavirus pandemic and the decline in the international market price of oil, has made borrowing from the international capital market unattractive, President Muhammadu Buhari, has said. As a consequence, Buhari said he was constrained to ask the House...

COVID-19: Buhari Stops Import Duty On Medical Equipment

COVID-19: Buhari Stops Import Duty On Medical Equipment   As part of efforts to combat the COVID-19 pandemic, President Muhammadu Buhari, has ordered the immediate evacuation of all imported medical equipment from Nigerian ports. This is even as the President has given a blanket waiver of Customs...

COVID-19: Oil Prices Rise As Countries Ease Lockdown

COVID-19: Oil Prices Rise As Countries Ease Lockdown     Oil extended gains in Asia Tuesday on signs of improving demand as coronavirus-hit major economies begin to ease strict curbs and as top producers slash output. US benchmark West Texas Intermediate for June delivery was up 7.26 per...

COVID-19: Small Businesses Count Losses, On Brink Of Collapse

COVID-19: Small Businesses Count Losses, On Brink Of Collapse   Many Small and Medium Enterprises (SMEs) across Nigeria are beginning to run into losses and may likely collapse as a result of the negative effects of measures introduced by the federal and sub-national governments to contain...

COVID-19: Kaduna ICT Hub Funds Young Nigerian Inventor to Produce Ventilators

COVID-19: Kaduna ICT Hub Funds Young Nigerian Inventor to Produce Ventilators The Kaduna State ICT Hub has granted financial resources for the production of 'sophisticated' ventilators whose prototype was fabricated by Dalhatu Usman, a 200-Level student of the Ahmadu Bello University (ABU) Zaria. The Chief Executive...

Kano and the COVID 19 Challenge: Memo to Governor Ganduje

Kano and the COVID 19 Challenge: Memo to Governor Ganduje By Hussaini Abdu   With 172 confirmed cases of COVID 19 infection in 2 days, Kano is rapidly becoming the epicenter of the virus in Nigeria. Considering the economic centrality of Kano, this can be a significant...