With the total collapse in oil prices Nigeria’s evangelical clergymen need to bail us out by forming a company called Jesus to the Rescue PLC to power our economy

By Ayo Akinfe

(1) Everyone is in a state of panic after crude oil futures prices fell to below $0 a barrel on the New York Mercantile Exchange (Nymex) yesterday. Although the market will correct itself over the coming days, we are probably looking at a price of $10 a barrel for the rest of 2020

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UK urged to suspend immigration checks for patients as undocumented migrants die because they fear deportation

BRITISH charities and Members of Parliament have expressed alarm that undocumented migrants have begun dying from neglect because they are too afraid to seek help from the National Health Service (NHS) and their local authorities.

 

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Standards Organisation of Nigeria officials visit Calabar plant to inspect facemasks meet guidelines

OFFICIALS from the Standards Organisation of Nigeria (Son) have undertaken a quality assurance inspection of the Cross River Garment Factory (CRGF) in the capital Calabar to ascertain that its goods conform with agreed guidelines.

 

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Richard Branson warns that Virgin Atlantic faces collapse unless it gets government bailout

BRITISH airline Virgin Atlantic is facing the prospect of collapse as the total loss of clientele and passengers as a result of the coronavirus shutdown has forced it to the point of bankruptcy according to its owner Richard Branson.

 

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Panic grips Borno State as MSF nurse working with IDPs dies from coronavirus

FEARS are growing that the dreaded coronavirus pandemic might spread rapidly across northeast Nigeria over the coming weeks after a nurse died at the University of Maiduguri Teaching Hospital (UMTH) from the virus over the weekend.

 

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New research reveals that men are more vulnerable to coronavirus because it lingers in testicles

MEDICAL experts have suggested that men may be more vulnerable to the dreaded coronavirus because it lingers more in testicles which are walled off from the body's immune system preventing males from fighting it aggressively.

 

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Nigeria has to lead the African merger of nation states post-coronavirus as most of the continent’s economies are too weak to recover

By Ayo Akinfe

(1) I am not sure Africans are fully appreciating the economic consequences of this global pandemic but I can assure them that its effects will linger for at least another 10 years as global output must have at least halved over the last two months

(2) Just to put everything into context, the UK believes its economy will shrink by about 35% this year, while in Germany, it is estimated that the economic shutdown has cost the country about $150bn

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Sanwoolu challenges Lagos tailors and seamstresses to mass-produce facemasks from standard design

LAGOS State governor Babajide Sanwoolu has thrown down the gauntlet to tailors and seamstresses across the state challenging them to mass-produce locally-made facemasks from a standard design in a bid to halt the spread of the coronavirus pandemic.

 

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World Bank comes to Africa's aid with a $510bn assistance package over the next three years

NIGERIA and several other African countries look set to receive a $510bn bailout from the World Bank to offset the disastrous economic effects of the coronavirus pandemic that has devastated their economies.

 

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German newspaper sparks diplomatic row after it invoices China nearly €150bn for Covid-19 damage

GERMANY'S largest tabloid newspaper Bild has sparked outrage in China after it published a story invoicing the Chinese for €149bn saying this is the amount Beijing owes Berlin in lost revenue as a result of the coronavirus outbreak.

 

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