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SOUTH AFRICA
South Africa has denied that a new variant of the coronavirus discovered in the country caused the outbreak of the second wave of infections in the UK.
FG has ordered air passengers from the UK and South Africa to register with the Nigerian International Travel Portal.
Nigeria leads Africa's P2P in 2020, posting monthly P2P volumes of around $25.8 million, followed by South Africa, Kenya.
South Africa's unemployment rate reached a 17-year high, as it recently rose from 23.3% to 30.8%.
NSEASI advanced 2.5% in August outperforming the 0.9% gain in July and the 3.1% loss in June.
Nigeria emerged as one of the fastest-growing crypto markets globally.
As of June 12, COVID-19 emergency packages have reached the continent’s five geographic regions.
In a bid to reduce the spread of the Coronavirus in the country, South African President, Cyril Ramaphosa has announced a 21-day total lockdown.
Contrary to claims that Ngozi Okonjo-Iweala was appointed to lead South Africa’s presidential economic advisory council as the country struggles with recession, a close aide to the two-time finance minister has disclosed that she is only a member of the council.
World Bank has alleged that African Development Bank (AfDB), Asian Development Bank, and the European Bank for Reconstruction and Development worsen the debt burden of Nigeria and other countries.
The decision of the AGF and Minister of Justice to drop its $2 billion tax claim against MTN Nigeria has affected the company’s shares.
President Muhammadu Buhari has ordered the immediate evacuation of Nigerians from South Africa after receiving the report of the Special Envoy sent to South Africa to meet with President Cyril Ramaphosa over the xenophobic attacks on Nigerians.