Updates

Coronavirus – Africa: WHO concerned as COVID-19 cases accelerate in Africa

To contain COVID-19, many countries in Africa are implementing measures, which restrict gatherings and the movement of people April 2, 2020/WHO With more than 6000 COVID-19 cases reported in Africa, the virus is threatening fragile health systems on the continent. Infections are increasingly spreading not only between African countries but […]

Modest Rise in the FGN’s Domestic Debt; Debt Stock At N14.27trn As At December 2019

Culled—Proshare April 1, 2020 By FBNQuest Research         The latest quarterly data release from the DMO puts the FGN’s domestic debt stock at N14.27trn (US$39.1bn) at end-December, equivalent to 9.9% of 2019 GDP. The total increased by N370bn in the quarter, and the stock of FGN bonds by N450bn to reach […]

AfDB approves $2 million emergency assistance for WHO-led measures to curb COVID-19 in Africa

The grant will be used by the world body to equip Regional Member Countries to prevent, rapidly detect, investigate, contain and manage detected cases of COVID-19 April 1, 2020/AfDB The Board of Directors of the African Development Bank (www.AfDB.org) on Tuesday approved  $2 million in emergency assistance for the World […]