Nigeria news today headlines : Saturday 7th March 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Government Warned Over Live Music Brexit Plans
The Musicians’ Union have continued to call for more action and clarity to protect the needs of touring artists in post-Brexit negotiations. Last month, NME spoke to a number of industry experts and artists about how Brexit could have a “potentially devastating” impact on UK acts wishing to tour Europe – with many voicing their fears that
Distribution Company Buys Food Service For $970M
US Foods To buy US Foods Holding Corp said on Friday it would buy Smart Foodservice Warehouse Stores from private equity firm Apollo Global Management Inc for $970 million in cash. Smart Foodservice operates 70 cash-and-carry stores in the United States, which cater to small and mid-sized restaurants. US Foods said it will finance the
Economy Rises By 5% As , Virus Fears Loom
Exports reached record levels of €119bn in the fourth quarter of last year, while new housing output increased by 19%, according to figures released by the CSO. Overall the economy grew by 5.5% for the whole of 2019 according to preliminary figures from the CSO. Finance Minister Paschal Donohoe says the figures confirm the momentum
OPEC Fails To Secure Deal With Non-OPEC On Oil Cuts – OPEC sources
OPEC has failed to secure a deal with Russia and other non-OPEC producers on its plans for big, additional oil production cuts, two OPEC sources said on Friday at talks between ministers from the informal alliance known as OPEC+. The sources were speaking after ministers from Saudi Arabia, Russia and other oil producing states gathered
Sierra Leone Iron Ore Crisis Worsens
In the months since Sierra Leone’s largest iron ore mine laid off almost all its workers due to a legal dispute with the government, the once-bustling town of Lunsar has become a shadow of its former self. In the central market of Lunsar, whose name means “Land of Stones” in the local language, only a
Kenya’s Private Sector Activity Drops Further In February -PMI
Private sector activity in Kenya fell further in February as orders for new goods dropped for the first time in more than two years, a survey showed on Wednesday, as imports from China tumbled due to the coronavirus outbreak. The Markit Stanbic Bank Kenya Purchasing Managers’ Index (PMI) for manufacturing and services fell to 49.0
Sudan In Need Of Foreign Currency For Strategic Commodities Despite Gulf Aid
Sudan’s finance minister said on Thursday the country needed foreign currency for additional purchases of strategic commodities like petroleum products and wheat despite receiving aid from the United Arab Emirates and Saudi Arabia. Strategic reserves of wheat had dipped to as low as seven days in December and Sudan struggled to provide the foreign currency
Zambian President Says Church Leaders Involved In Reprisals For Chemical Spray Attacks
More than 50 people in Zambia have been killed in mob violence triggered in response to attacks in which people were sprayed with poisonous substances, President Edgar Lungu said on Friday, blaming church leaders for some of the reprisals. The chemical attacks began in December and were initially confined to the mineral-rich copperbelt but have
Twitter Head, Dorsey Reconsiders Africa Move Amid Coronavirus Concerns
Twitter Inc Chief Executive Officer Dorsey Jack said on Thursday he is reconsidering a proposed stint in Africa this year due to coronavirus concerns, walking back his plans amid a call by activist investor Elliott Management for his ouster. “With everything happening in the world, particularly with coronavirus, I have to reconsider what’s going on
South African Coronavirus Case Went Via Dubai To Durban
South Africa’s first coronavirus case came from Italy via Dubai to the main airport in the eastern city of Durban, the health minister said on Friday. Zweli Mkhize was briefing media in Hilton, the eastern South African town where the man with the virus is admitted to hospital after testing positive the day before. Mkhize
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