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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UN warns Nigeria to decongest her IDP camps as they could be coronavirus breeding ground

UNITED Nations (UN) officials have warned Nigeria to decongest her internally displaced persons (IDP) camps in the northeast of the country to prevent the rapid spread of the dreaded coronavirus pandemic.

 

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Katsina churches held their services today claiming they received no directive to shut down

CHURCHES across Katsina State defied the government's lockdown and suspension of mass gatherings today and held their usual Sunday services putting their congregations at risk of contracting the dreaded coronavirus.

 

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Citizens of many developing nations do not see any difference between a lockdown and an economic blockade

By Ayo Akinfe

(1) Like most of you, I watched with horror yesterday as hundreds of people gathered for the funeral of Abba Kyari in Abuja. Government functionaries turned out on their droves unprotected in total defiance of health warnings to maintain social distancing

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Southwest governors block all roads leading into the geo-political zone and make nosemasks compulsory

GOVERNORS of the six states that make up Nigeria's southwest geo-political zone have closed all entry points into the region as part of an intensified effort to combat the spread of the dreaded coronavirus pandemic.

 

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Governor of Nairobi adds Hennessy to his Covid-19 relief package saying it acts as a throat sanitizer

NAIROBI'S governor Mike Sonko has added the popular alcoholic drink Hennessy to the list of essential relief items he is handing out to Kenyans during the coronavirus lockdown period claiming it is an effective throat sanitizer.

 

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IMF predicts that Nigeria will suffer her worst recession in 30 years with negative growth of 3% as crude slumps to $12

INTERNATIONAL Monetary Fund (IMF) officials have warned that Nigeria is facing the prospect of her worst recession in 30 years as a result of the economic impact of the coronavirus pandemic that is currently sweeping the globe.

 

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World Bank and other financial experts warn Africa against introducing copycat lockdowns

FINANCIAL institutions including the World Bank have warned African governments against initiating copycat lockdowns in response to the global coronavirus pandemic as the economic impact of such actions could end up causing more lethal damage.

 

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Buhari's chief of staff Abba Kyari becomes Nigeria's most high profile coronavirus victim

PRESIDENT Muhammadu Buhari's chief of staff Mallam Abba Kyari has become Nigeria's most high profile casualty of the dreaded coronavirus pandemic sweeping the globe after he succumbed to it yesterday and passed away.

 

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10 kind of foreign investors Nigeria has no choice but to woo once this coronavirus pandemic is over

By Ayo Akinfe

[1] No matter how you look at it, this lockdown feels like an economic blockade for Nigeria. I can see our GDP falling from $375bn to around $200bn, our foreign earnings dropping from $28bn to about $10bn and unemployment rising by about 30%. Drastic post-Covid action will be needed to turn the tide, with foreign investment at its core

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