The International Labour Organisation (ILO) on Wednesday reported that over 100 million more workers had been pushed into poverty by the raging COVID-19 pandemic, after working hours dropped and access to good quality jobs became impossible for millions of workers over the past months. The UN’s labour organization in its Annual World Employment and Social […]
Tag: COVID-19 pandemic
UK Parliamentary C’mttee Lauds AfDB On COVID-19 Interventions
The UK House of Commons’ International Development Committee has commended the African Development Bank (AfDB) on its COVID-19 interventions in various countries in the continent and the UK Government’s support to the bank on its funding interventions. The report was prepared by the Sub-Committee on the Work of the Independent Commission for Aid Impact (ICAI). […]
ILO Tasks Govts On Workplace Safety, Health Systems’ Investments
The International Labour Organisation (ILO) on Wednesday charged governments in countries across the world to put in place sound and resilient occupational safety and health (OSH) systems through improved investments in critical infrastructure that would minimize the risks for everyone in the world of work in the event of future health emergencies. The global labour […]
CBN Commits N85.89Bn To COVID-19 Pandemic Healthcare Projects
The Central Bank of Nigeria (CBN) on Tuesday disclosed that it had committed N85.89 billion to finance COVID-19 pandemic projects since the first reported case in February 2020 in the country. The apex bank Governor, Mr. Godwin Emefiele, disclosed this in Abuja during the Award of Grants for the CBN’s Healthcare Sector Research and Development […]
Oil Prices Slide Amid Global Economic Uncertainty
Oil prices slumped on Monday as Coronavirus cases surge continues to trigger tighter restrictions in Europe and China. However, some signals of growth in gross domestic product (GDP) and industrial production data from China helped to thaw the downward slide in oil prices to some extent. Available data on the early trading in the international […]