Will we need pilots in the future? | CNBC Reports

There are only a handful of jobs done in the sky and only one that involves flying hundreds of people around at 37,000 feet. CNBC’s Tom Chitty finds o…

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Download logoThree months ago sub-Saharan Africa confirmed its first COVID-19 case in Nigeria. Although infections have risen and continue to grow, early and swift action by many countries in the region has slowed down the spread of the virus. Even before the virus could hit the region, several countries, in collaboration with the World Health Organization (WHO), were already upping COVID-19 prevention and detection through measures such as airport screenings and reinforcing response prepar

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Download logoApart from the global efforts to find a cure or vaccine for COVID-19 pandemic ravaging the world since November 2019, Nigeria is making efforts to find local remedy for the treatment and cure of Coronavirus. The Honourable Minister of State for Health, Dr. Olorunnimbe Momora disclosed this during the Presidential Task Force on COVID-19 Press Briefing of Wednesday, 27th May, 2020.   He stated that the Federal Government has received few proposals for local remedies for

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Coronavirus – Africa: WHO urges caution as countries in Africa ease lockdowns

Download logoThree months after the first case of COVID-19 was detected in sub-Saharan Africa, the region has made progress in tackling the virus. Many countries implemented lockdowns and key public health measures early and these appear to have helped slow down the spread of the disease. However, there are concerns that if these measures are relaxed too quickly, COVID-19 cases could start increasing rapidly. Thirteen countries in sub-Saharan Africa implemented lockdowns along with other publ

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Central Bank of Nigeria cuts benchmark lending rate to 12.5%

Nigeria’s central bank cut its benchmark lending rate to 12.5% from 13.5%, the central bank governor said on Thursday.

How COVID-19 impacts access to sustainable energy in SSA

The World Bank says despite accelerated progress over the past decade, the world is expected to fall short of the SDG 7 target. In its just-released 2020 edition of the Energy Progress Report, the World Bank says under current policies, an estimated 8 per cent of the global population will not have access to electricity by 2030, and 90 per cent of them will be in sub-Saharan Africa. Makhtar Diop, the Vice President for Infrastructure at the World Bank joins CNBC Africa to discuss the findings of this report.

How Africa is hooking up the wilderness with the universe to help NASA in the space race.

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Nigeria’s MPC cuts benchmark rate to 12.5%

In a surprise move, Nigeria Monetary Policy Committee cut its main policy rate by 100 basis points to 12.5 per cent and maintained other parameters constant in its third meeting of the year. Bismarck Rewane, CEO of Financial Derivatives and Muda Yusuf, Director-General of the Lagos Chamber of Commerce and Industry joined CNBC Africa’s Wole Famurewa for a post-analysis of this decision....

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