Buhari Archives – Sky News Africa

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ENDSARS: Nigerians in UK plan rally, support Buhari

Uzo Kingsley - October 21, 2020

NIGERIA .... Says President Buhari has disbanded SARS, why continuing the protest? A group under the...

Politics

Tribunal: Nigeria’s Buhari, Atiku, matter’s arising

Segun - September 11, 2019

NIGERIA The second ruling by the Nigeria's Presidential Election Petition Tribunal on Wednesday upheld INEC’s argument that it was...

American Ministers started reporting to COS in 1939, Nigeria’s Buhari on point

Politics

American Ministers reports to COS, Nigeria’s Buhari on point – BDSO

Uzo Kingsley - August 26, 2019

NIGERIA An international group in support of Nigeria’s President Muhammadu Buhari’s policies, has reminded Nigerians that the role of the...

Crime

Buhari handling insecurity with levity – Group

Segun - July 29, 2019

NIGERIA A group known as Yoruba Youth Forum in southwestern Nigeria, has called on President Muhammadu Buhari to as...

News

Seven women make Nigeria ministerial list of 43 nominees

Prince Ebuka - July 23, 2019

NIGERIA Nigerian president Muhammadu Buhari on Tuesday officially transmitted a list of ministerial nominees to the Senate for vetting...

News

Game of Thrones: Buhari intervenes in Kano governor – Emir feud

Prince Ebuka - June 8, 2019

NIGERIA Nigeria president Muhammadu Buhari on Friday was reported to have moved to intervene in a power tussle between...

Politics

Nigeria’s Buhari sworn in amid criticism

Prince Ebuka - May 30, 2019

... No African president or world leader of note attended the ceremony NIGERIA A low-key swearing...

News

Nigeria presidential inauguration as Buhari starts second term

Prince Ebuka - May 29, 2019

NIGERIA President Muhammadu Buhari of Nigeria takes his oath of office for a second and final term in charge...

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sky news africa Global stock markets and oil prices plunged Monday as panicked investors bolted into safer assets such as gold after China warned that the spread of a deadly new coronavirus was accelerating. China extended its traditional Lunar New Year holidays to buy time in the fight against the epidemic, prompting neighbouring Mongolia to close its border after the death toll spiked to 81 despite unprecedented quarantine measures. Fears of a repeat of the 2003 SARS outbreak, which also began in China, spooked investors who only recently pushed markets to record highs -- meaning there was plenty of room for a reverse. All sectors were hit but luxury goods makers and airlines suffered particularly as Chinese tourist spending is a key factor for them. Wall Street opened lower, quickly losing nearly two percent as the global sell-off continued, adding to the pressure on Europe. In mid-afternoon trade in Europe, London was down some 2.2 percent, with Paris and Frankfurt doing even worse with losses of some 2.6 percent each. Oil prices were down around 2.5 percent, coming off early lows hit on concerns over demand from the world's top energy consumer China. - 'Major panic' - "Market participants in Europe have grave concerns about coronavirus," said Ava Trade analyst Naeem Aslam. "The bottom line is that the virus has become deadly and it has caused a major panic in markets." Chinese President Xi Jinping warned over the weekend that China was facing a "grave situation" given the "accelerating spread" of the new SARS-like virus that has infected nearly 3,000 people across the country. Analysts said there were growing fears the crisis could become as bad as the Severe Acute Respiratory Syndrome (SARS) outbreak that hammered markets and the global economy in 2003. "Coronavirus fears have gripped the markets... as all the major European equity benchmarks are nursing big losses," said analyst David Madden at trading firm CMC Markets UK. "Stocks that are connected to China are feeling the pain... as traders are afraid the health crisis will curtail economic activity." The outbreak has led China to lock down the epicentre of the disease, Wuhan -- a city of 11 million people -- while imposing tight travel restrictions on a number of other cities including Beijing. The move comes during the Lunar New Year holiday when hundreds of millions of people criss-cross the country and spend billions of dollars. The government decided late Sunday it would extend the holiday and related school closures beyond the January 30 end date to "reduce population flows", state media said. Most Asian markets were closed for the Lunar New Year break but Tokyo was open and fell two percent. Bangkok plunged nearly three percent on worries about the Thai travel sector. AFP / Behrouz MEHRI Tokyo stocks fell while other Asian markets were closed The flight to safety saw the yen rally against the dollar, with the unit now up more than one percent from eight-month lows touched earlier this year. Gold, another go-to asset in times of turmoil and uncertainty, is heading back towards $1,600 per ounce and the six-year peaks touched at the start of January. While the main focus is on the spread of the virus, traders will also be keeping an eye on the release of earnings this week from top companies including Apple, Facebook and Samsung. The oil market had already tumbled more than six percent last week owing to concerns about the effects on demand in China, which is the world's number two economy after the United States. - Key figures around 1430 GMT - London - FTSE 100: DOWN 2.17 percent at 7,421.71 points Frankfurt - DAX 30: DOWN 2.52 percent at 13,234.06 Paris - CAC 40: DOWN 2.58 percent at 5,869.95 New York - DOW: DOWN 1.5 percent at 28,543.75 EURO STOXX 50: DOWN 2.41 percent at 3,687.90 Brent Crude: DOWN 2.57 percent at $58.35 per barrel West Texas Intermediate: DOWN 2.40 percent at $52.89 Tokyo - Nikkei 225: DOWN 2.0 percent at 23,343.51 (close) Hong Kong - Hang Seng: Closed for a public holiday Shanghai - Composite: Closed for a public holiday Dollar/yen: DOWN at 108.94 yen from 109.28 yen Friday Euro/dollar: DOWN at $1.1015 from $1.1025 Pound/dollar: DOWN at $1.3060 from $1.3073 Euro/pound: UP at 84.37 pence from 84.34 pence

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sky news africa Nigerian official faints during corruption probe in parliament

Crime

At least 45 migrants drown after boat breaks off southern Italy

Long-cut phones ring again in Ethiopia’s Tigray, bring grief

Christmas: NGO feeds, provides medicals for indigents in Nigeria’s Plateau

As sports betting grows in Africa, many see a real scourge

Nigeria’s energy coy JED, sensitizes customers on band upgrade

Nigeria’s energy coy JED, picks NERC member as MD/CEO

Stop vandalism, energy theft, staff assault – Nigeria Jos DisCo appeal…

Nigeria’s Energy coy JED, says State Govt, owes N1.4m

Nigeria’s Energy coy JED, to give free meters, deduct funds later

Tag: Buhari

ENDSARS: Nigerians in UK plan rally, support Buhari

Tribunal: Nigeria’s Buhari, Atiku, matter’s arising

American Ministers reports to COS, Nigeria’s Buhari on point – BDSO

Buhari handling insecurity with levity – Group

Seven women make Nigeria ministerial list of 43 nominees

Game of Thrones: Buhari intervenes in Kano governor – Emir feud

Nigeria’s Buhari sworn in amid criticism

Nigeria presidential inauguration as Buhari starts second term

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Stocks, oil prices tumble as deadly China virus rattles markets

Egypt’s Al-Sisi gets legislative backing to stay till 2034

Mali’s junta leader to be veep of transitional government

South Africa’s beleaguered Zuma open to return to politics

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Nigerian official faints during corruption probe in parliament

India gang-rape shootings revives extrajudicial killing fears

Trump urges fairer trade with Japan at start of state visit

Mali transitional government appoints new prime minister

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At least 45 migrants drown after boat breaks off southern Italy

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After delays, Nigerians keep watch for key vote’s outcome

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