Projections
Africa on cusp of the third wave of coronavirus facing a vaccine shortage
Africa is heading into a third wave of coronavirus infections as the least-inoculated continent faces a shortage of vaccines. African nations reported 94,000 new cases in the week through June 6, a 26% increase. South Africa announced the most new cases, followed by Tunisia, Africa Centres for Disease Control & Prevention Director John Nkengasong said in an online briefing Thursday. “Fourteen or so of our member states are now heading toward the third wave, and aggressively so,” he said. “It really highlights the need for us to roll out vaccines at speed and at scale.” Only 2.8% of Africa’s population is inoculated, compared with a global average of 14.5%, according to Africa CDC and Bloomberg Economics data. The program has slowed because of interruptions to supply from India, where m...
Cross River government demolishes over 200 illegal structures at Calabar market
The Cross River State Governnent on Sunday demolished over 200 illegal structures at the popular Ika Ika Oqua Market (Marian Market) along Marian road, Calabar Municipality Local Government Area of the state. Vanguard learned that most of the illegal structures owned by some traders not only obstruct vehicular movement but also constitutes huge nuisance because drainages have been blocked making the environment unhygienic. Speaking with newsmen on Sunday at the Ika Ika Oqua Market, the Commisioner for Environment, Hon Nfon Bassey, said the general clean up exercise was to make the market clean, hygienically excellent and safe as compared to markets of it’s kind. His words: “We are just doing a general clean up around the Ika Ika Oqua market. As you can see people have come to build shantie...
Lagos chamber projects positive economic recovery by Q2
The Lagos Chamber of Commerce and Industry (LCCI) has projected a return to positive growth path for the Nigerian economy in the second quarter of 2021. Mrs Toki Mabogunje, President, LCCI, addressing journalists at the first edition of the chamber’s quarterly news conference, said the projection was subject to the absence of major economic shocks. Mabogunje, however, said that the projected recovery was expected to be subdued within the region of one per cent. “Projections by the World Bank and the International Monetary Fund put Nigeria’s annual average growth for year 2021 at 1.1 per cent and 1.5 per cent, respectively. “Expectation of slow growth momentum reflects the lingering effects of the pandemic on the Nigerian economy and prospects of stricter containment measures considering th...
Over 40 million people recover from coronavirus
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Donald Trump: I won this election by a lot
Outgoing President of the United States, Donald Trump, remained adamant that he won the election even after projections showed that former vice president, Joe Biden, has gathered enough electoral college votes to emerge the next president. Trump tweeted this just after it was beyond doubt that Joe Biden will be the next president – an occurrence that has now become one of his many attempts to question the whole election process and alleging an attempt to fraudulently force him out of office. In a tweet that was flagged, Trump wrote: “I WON THIS ELECTION, BY A LOT!” I WON THIS ELECTION, BY A LOT! — Donald J. Trump (@realDonaldTrump) November 7, 2020 Also, Trump’s lawyer, Rudy Giuliani has said the outgoing president will not concede the election. CBS reports that Giuliani said this at a pre...
Emirates plans to cut about 30,000 jobs amid virus outbreak
Emirates Group is planning to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, which will bring down its number of employees by about 30 per cent from more than 105,000. A media reported on Sunday that the company was also considering speeding up the planned retirement of its A380 fleet. An Emirates spokeswoman said that no public announcement has been made yet by the company regarding “redundancies at the airline”, but that the company is conducting a review of “costs and resourcing against business projections”. “Any such decision will be communicated in an appropriate fashion. Like any responsible business would do, our executive team has directed all departments to conduct a thorough review of costs and resourcing against business projections,” the spokeswoman said....
