Press Releases

Skoll Foundation Announces New Gift of $100 Million from Jeff Skoll to Fight COVID-19

Gift Follows a Doubling of Current Grants to Total $200 Million Committed to Date PALO ALTO, California, April 24, 2020 /PRNewswire/ — This week, Jeff Skoll made a new $100 million gift to the Skoll Foundation, which it will use to fight the COVID-19 pandemic globally. This new contribution will enable the Foundation to quadruple […]

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Nigeria: IOM Builds Quarantine Shelters in IDP Camps as Conflict-Affected Borno State Records First COVID-19 Cases

Maiduguri – Conflict-affected communities in north-east Nigeria are increasingly vulnerable to the COVID-19 pandemic as cases begin to be reported in Borno State. An outbreak would have devastating consequences for millions of internally displaced persons (IDPs) throughout the region, a majority of whom live in overcrowded and underserviced camps. The International Organization for Migration (IOM) […]

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Covid-19: ECOWAS appoints Nigeria’s President Buhari to lead battle against coronavirus

ABUJA— Economic Community of West Africa States (ECOWAS) appointed President Muhammadu Buhari of Nigeria to lead the battle against the spread of the Coronavirus (COVID-19) pandemic in the sub-region. Femi Adesina, the Special Adviser to the President on Media and Publicity, confirmed this to News Agency of Nigeria (NAN) at the end of ECOWAS extraordinary […]

Trading

Naira remains stable at N383/$

The naira yesterday was stable at N383 per dollar in the Investors and Exporters (I&E) window. However, the volume of dollars (turnover) traded in the window yesterday fell   by 53 percent to $25.43 million from $54.21 million on Wednesday. On the other hand, the Naira yesterday depreciated by N13 in the parallel market. The exchange rate platform of the […]

Trading

WTO says export restrictions could undermine COVID-19 fight

The World Trade Organization (WTO) has reported that 80 countries and customs territories have banned or limited the export of face masks, protective gear, gloves, and other goods. Despite several efforts of the international financial organizations, like the World Bank Group and the International Monetary Fund (IMF) to curb COVID-19 pandemic, WTO said that efforts to slow the spread of […]