Tuesday, October 20, 2020
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Death toll from the coronavirus in the US hit 200,000 Tuesday, according to data from Johns Hopkins University. This is by far the highest in the world. “It is completely unfathomable that we’ve reached this point,” said Jennifer Nuzzo, a Johns Hopkins University public health researcher, eight months after the scourge first reached the world’s richest nation, with its state-of-the-art...
Due to concerns over national security, Trump’s administration announced on Friday that it will ban Chinese-owned messaging and payment app WeChat effective Sunday and block new downloads of video-sharing app TikTok the same day. “At the President’s direction, we have taken significant action to combat China’s malicious collection of American citizens’ personal data, while promoting our national values, democratic rules-based norms, and aggressive enforcement...
Israel is to impose a new national lockdown - becoming the first country in the world to take such a measure to contain the spread of coronavirus. The new lockdown will be the most extensive imposed in Israel since the first lockdown, which ran from late March until early May. The current lockdown states that: No more than 10 people can meet...
Nigeria’s Vice president Yemi Osinbajo on Monday lamented that the poverty situation in the country, as well the economic distortions and hardship caused by the COVID-19 pandemic are deepening daily. The Vice President revealed this in his presentation on the Economic Sustainability Plan at the First Year Ministerial Performance Review Retreat at the Presidential Villa, Abuja on Monday. The statement...
A new report released Wednesday by Apple shows that Nigeria ranks below India but above Brazil in using Apple iPhones. Apple iPhones are among the most popular and expensive phones in the world. The new report shows that only 6% of Nigerian use the luxurious smartphone. The survey was carried out based on the difference in business models between the most...
MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, is now the world's richest woman following a surge in Amazon stock. A writer and philanthropist, MacKenzie Scott became the richest woman in the world just days after her ex-husband Jeff Bezos became the world’s first $200 billion man. With a net worth of $67.4 billion, Scott who recently dropped the Bezos...
After a record seven years and eight months in power, Japanese Prime Minister Shinzo Abe on Friday announced his resignation, citing ill-health after a recurrence of ulcerative colitis. "I have decided to step down from the post of the prime minister," Abe said in a news conference August 28. Abe addressed his health after two recent hospital visits, saying he was suffering...
Cameroon has banned the exportation of cereals, including millet and corn, to Nigeria as a food security measure after a production drop. Cameroon blamed the continued threat from Boko Haram terrorists as the cause of the decrease in food production on its northern border. Damian Kinkoh of the food control unit of Cameroon's Trade Ministry says about 6,000 metric tons of...
As part of efforts to cushion the economic hardship caused by the COVID-19 pandemic, Nigeria’s President Muhammadu Buhari approved the employment of 774,000 workers a few months ago. Under the program, Nigerian unskilled workers will earn N20, 000(equivalent of $52) each a month for three months. According to The Punch, 1,000 workers are expected to be recruited from each of the...
A new report by the National Bureau of Statistics, shows that Nigeria’s inflation rate rose further in July 2020 to 12.82% (year-on-year). This is a 0.26% increase in the rate recorded in June 2020 (12.56%). On a month-on-month analysis, the Headline index increased by 1.25 percent in July 2020, which is 0.04 percent rate higher than the rate recorded in June 2020 (1.21) percent. The...

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