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Covid 19: Two Compulsory Tests For All UK Arrivals
If you have plans to travel to the UK anytime soon, you might need to be prepaid for the UK’s new arrival rules. All travellers to the UK would now be required to take two coronavirus tests while quarantining. The new testing policy comes amid concern about new variants entering the country that are more…
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Oil Prices Revert To Pre-Covid Level Despite Low Demand
Oil prices have experienced a revert to pre-pandemic levels having hit an all-time low last year. While demand for oil is still lower than normal, the rolling out of vaccines have positively affected the oil prices, leaving in its wake hopes of a speedier than expected economic recovery. Prices “Black gold” has now reached $60…
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UK To Offer Help To 1.4M Firms Repaying Covid Loans
Chancellor of the Exchequer, Rishi Sunak has announced that small firms would get more time to repay state-backed loans taken out to help survive the coronavirus lockdown. The changes include giving companies an option to extend the length of the loan from six to ten years under a “pay-as-you-grow” initiative. Sunak said the move was…
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A Look At Global Expectations For 2021
At the beginning of the year, many hoped for economic recovery and of course accessibility to vaccines. While some of our expectations might be slowly coming through, here is a look of the general public’s expectation for 2021 as researched by Ipsos. Despite the terrible loses of last year, 2020 and the first month into…
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Covid-19: Nigeria’s New Law Prescribes 6 Months Jail Term For Safety Violators
President Muhammadu Buhari has signed a new law that prescribes a 6-month jail term for anyone who is caught in public without a mask on. The new law designed to curb the spread of Covid-19 pandemic is targeted at forcing people to take safety protocols more seriously. The chairman of the Presidential Task Force on…
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Global Increase In Covid-19 Vaccine Enthusiasm
As the world battles with growing cases of Covid-19, a recent Ipsos MORI poll has found that vaccine hesitancy is now transitioning into a global enthusiasm for access. The issue of supply has recently made the rounds with AstraZeneca informing the European Commission that there would be a major shortfall in the number of doses it is…
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Tokyo Olympics To Hold Despite Pandemic
Games organizing committee President Yoshiro Mori has said the pandemic-delayed Tokyo 2020 Olympics will be held this year despite health warnings and lack of public support. Deputy head of the London 2012 organising committee, Sir Keith Mills, earlier this week said he felt it was ‘unlikely’ that Tokyo would take place amid the ongoing Covid…
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22 Containers Distributed To Morgues As Covid Deaths Soar In South Africa
Afrikaanse Verbond Begrafnis Ondernemings Beperk (AVBOB) has installed 22 containers at Johannesburg morgues to help cope with a rising tide of Covid-19 deaths. Each container is said to store up to 40 corpses, keeping them at a constant zero degrees Celsius (32 degrees Fahrenheit) South Africa is Africa’s worst-hit country in the pandemic, recording an…
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Expert Says Nigeria Has Lost N11.6 trillion to COVID-19
Financial analyst Tony Edeh has put the cost of the coronavirus pandemic on the Nigerian economy at N11. 6 trillion while discussing triggering inflation and the economy. While decrying poor Foreign Direct Investment, FDI inflows into the country in the past few years, Edeh told The Vanguard that the country was steadily slipping into recession…
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Joe Biden Reinstates Travel Ban, Includes South Africa
U.S. President Joe Biden on Monday reinstated COVID-19 travel restrictions to Brazil, Ireland, the United Kingdom and 26 European countries. He also added South Africa to the list. The travel ban also suspends entry to nearly all foreign nationals who have been in any of the countries on the restricted list at any point during…