Tech startup founder Ebun Okubanjo watched with dismay as his home city of Lagos entered a coronavirus-containment lockdown, knowing well that millions of Nigerians on the margins could be left with nothing.
The International Monetary Fund said on Tuesday its executive board approved $3.4 billion in emergency financial assistance for Nigeria to support the oil exporter’s response to the coronavirus pandemic.
Nigeria’s President Muhammadu Buhari is seeking approval to borrow 850 billion naira ($2.36 billion) from the domestic capital markets to fund the 2020 budget, according to a request read in the upper house of parliament on Tuesday.
Nigeria will begin a “phased and gradual” easing of more than four weeks of lockdowns on May 4, President Muhammadu Buhari said in an address on Monday.
Nigerian state governors have asked President Muhammadu Buhari to approve the compulsory use of face masks in public as confirmed coronavirus cases rise, according to a letter seen by Reuters on Saturday.
Nigerian President Muhammadu Buhari has asked the chief judge to free prison inmates who have been awaiting trial for six years or more to ease overcrowding as the novel coronavirus spreads, a spokesman said on Tuesday.
A major Nigerian oil union has suspended planned industrial action after 21 Exxon Mobil Corp.
The Nigerian president’s chief of staff, Abba Kyari, died on Friday after contracting the new coronavirus, two presidency spokesmen said on Twitter.
Nigeria’s finance minister said a debt relief agreement reached this week to help the world’s poorest countries deal with the coronavirus pandemic was a welcome first step but that middle-income countries with debt challenges also needed urgent help.
The northern Nigeria economic powerhouse state of Kano will impose a seven-day lockdown to contain an outbreak of the new coronavirus, a spokesperson for the governor said on Tuesday.
Africa’s most populous country has recorded 373 cases of the virus, which as resulted in 11 deaths.