Nigeria telecommunications industry outlook

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South Africa’s rand crashes to its lowest ever after Moody’s pulls the plug

South Africa’s rand plunged to an all-time low on Monday, falling below 18.00 to a dollar after ratings firm Moody’s cut the country’s last investment grade credit rating, adding to mounting panic about the coronavirus outbreak.

FNB confirms measures to help customers impacted by COVID-19

“In recent weeks, the South African Government, business community, philanthropists and society at large have shown remarkable unity in a joint effort to protect our country against the impact of COVID-19,” writes FNB Chief Executive Officer, Jacques Celliers.

Social distancing will help in isolating coronavirus cases: Professor | Capital Connection

Paul Tambyah, professor at the Department of Medicine at NUS, hopes that warmer weather may bring some respite from the coronavirus outbreak.

Olusola Teniola, President of the Association of Telecommunications Companies of Nigeria joins CNBC Africa to discuss this and other issues around affecting Nigeria’s telecoms space.

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COVID-19: Lagos, FCT & Ogun State to go into lockdown

READ: COVID-19: Rwanda on lockdown READ: Nationwide lockdown announced in South Africa...

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Almost half of airlines will run out of cash if coronavirus goes on until June | Squawk Box Europe

IATA Director General Alexandre de Juniac outlines how airlines are being impacted by the coronavirus crisis.

Lagos State passes bill, offers economic support to mitigate COVID-19 impact

Ahead of Nigeria’s lockdown of three states, Lagos State Governor Babajide Sanwo-Olu hinted that the state may have begun to see a trend in community spread of the COVID-19outbreak. He says the state will now begin to implement measures to cater for indigent citizens.

Coronavirus crisis doesn’t have to mean permanent economic damage: Strategist | Squawk Box Europe

Jean Boivin, managing director and head of the Blackrock Investment Institute, discusses the economic impact of the coronavirus crisis.

COVID-19: How African countries can insure against outbreaks

The Africa Risk Capacity is a specialised Agency of the African Union and they are currently undertaking an urgent exercise to model the potential impact of the coronavirus on Africa to inform and guide member states. This modelling according to the ARC will look into the likely short-term and medium-term effects of the pandemic on the continent as well as how to mitigate these shocks. Mohamed Beavogui, Director General and United Nations Assistant Secretary General, African Risk Capacity joins CNBC Africa for more insight into this.
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