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Nigeria's Buhari seeks emergency powers to revive economy – source

The government has put together a bill titled "Emergency Economic Stabilisation".

Using mobile apps to protect the environment in Senegal

In small groups, the students develop apps focusing on environmental issues, in the format of their choice.

Congo main opposition rejects talks with Kabila govt

The opposition wants Kabila to end his 15-year rule in December as mandated by the constitution.

Economic downturn, Islamist attacks cause hunger to spread in Nigeria: UN

Nigeria's economic slowdown, compounded by Boko Haram attacks, could mean 5.5 million people needing food aid in the northeast next month.

Nigeria to allocate $180 mln more in capital spending -finance minister

Africa's largest economy is in the middle of its worst financial crisis for decades as a slump in oil revenues hammers public finances and the naira. The central bank governor has said recession is likely.

DR Congo cuts growth forecast for 2016 to 4.3 pct

Africa’s top producer of copper relies on its mining and smaller oil industry for about 95 percent of its export earnings. In June, the government slashed its budget by 22 percent in response to low commodity revenues.

Nigeria oil min says OPEC cuts unlikely, Algeria meeting could help price

Oil minister, Emmanuel Ibe Kachikwu, said in a speech in Lagos that his country's oil output had fallen to 1.56 million barrels per day (bpd) as persistent militant attacks took out some 700,000 bpd.

Nigeria naira sinks to new all-time low of 365.25 per dollar

Interbank trading started two hours after the market opened and offered the currency sharply lower against the dollar.

Nigeria's Buhari says monetary policy alone not enough to expand economy

Nigeria will need to combine monetary policies with fiscal and structural policies in order to overcome its worst economic crisis in decades


Is the S&P 500 likelier to hit 2,900 or 1,800 by the end of 2020? | Capital Connection

Stephane Monier of Lombard Odier Private Bank outlines the two scenarios which could play out for the markets, and gives his potential targets for the S&P 500 under each one.

Expecting deep recession followed by sharp recovery: Goldman Sachs strategist | Squawk Box Europe

Silvia Ardagna, managing director of the investment strategy group at Goldman Sachs Private Wealth Management, shares her outlook for the economy amid the coronavirus crisis.

Expect ‘very significant topline decline’ for luxury brands: Analyst | Squawk Box Europe

Luca Solca, senior research analyst for global luxury goods at Bernstein, outlines how the coronavirus crisis is impacting the luxury sector.

Little chance that an OPEC+ deal will save the oil market from virus slump | Capital Connection

Victor Shum of IHS Markit says an agreement between Saudi Arabia and Russia looks unlikely and any production cut is too little too late.

New tool may be able to predict severe COVID-19 cases, NYU professor says | Squawk Box Europe

Professor Anasse Bari of NYU's Courant Institute of Mathematical Sciences outlines how machine learning and artificial intelligence could help in the fight against the coronavirus crisis.