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Day: April 2, 2020

SEC Activates Business Continuity Process

In compliance with the Federal Government’s directives on the cessation of movement in Lagos, Ogun and the Federal Capital Territory, the Securities and Exchange Commission, SEC has activated its business continuity process. Consequently, staff of the Commission are working remotely while all its electronic channels remain open to provide the necessary support to capital market […]

COVID-19 Lockdown: Markets To Open Between 10:00am and 2:00pm Daily – FG

    The Federal Government has announced that all markets in states where a lockdown was imposed (Lagos, FCT and Ogun) will be allowed to open between 10:00 am and 2:00 pm daily. As was published in Channels TV, the National Co-ordinator of the Presidential Task Force on COVID-19, Aliyu Sani, said this on Wednesday […]

JAMB Donates Ventilators to Fight COVID – 19

To help battle  the spread of COVID-19, Joint Admissions and Matriculation  Board JAMB has donated two ventilators to the University of Abuja Teaching Hospital, Gwagwalada and  Bwari General Hospital. This was  contained in a statement signed by Fabian Benjamin, Head of Public Affairs, JAMB. “This proactiveness was borne out of the Board’s desire  in line with the Federal […]

COVID 19 : Unrest by Inmates In Kaduna Contained

Unrest by the Condemned Convicts Cell section of Kaduna inmates has been contained. The inmates were reported  to have attacked the staff on duty with various harmful objects based on the rumour making rounds in some media that the federal government had directed the release of 70% of inmates due to COVID 19 pandemic . According to a […]

NSE Records N1.870trn Loss In First Quarter Of 2020

The Nigerian Stock Exchange (NSE) market capitalisation lost N1.870 trillion in the first quarter of this year. Nigerian stocks during the period suffered high volatility which was deepened by the impact of Coronavirus (COVID-19) pandemic and the oil prices crash. The market capitalisation declined by N1.870 trillion to close the period under review at N11.101 […]

Airlines Face ‘Deepest Crisis Ever ’ Amid Coronavirus Pandemic

  As the novel coronavirus continues to spread, the head of the trade group representing the world’s airlines, the International Air Transport Association has described losses in the industry as “its deepest crisis ever.” According reports, commercial flights have stopped an analysis have shown that there have been series of sequential and precipitous declines in […]

NCDC Confirms Twenty Three New Cases Of COVID-19 In Nigeria

Twenty-three new cases of #COVID19 have been reported in Nigeria, making it 174 confirmed cases. 9 in Lagos, 7 in the FCT, 5 in Akwa Ibom, 1 in Kaduna and 1 in Bauchi State, as  at 08:00 pm 1st April.  Nine have been discharged with two deaths. Hence currently; Lagos- 91 FCT- 35 Osun- 14 […]

Contributions To CACOVID Relief Fund Hit N15 Billion

Monetary contributions to the account set up at the Central Bank of Nigeria (CBN) under the auspices of the Private Sector Coalition Against COVID-19 (CACOVID) have hit N15 Billion. A statement issued on behalf of the coalition by the Director, corporate communications, Central Bank of Nigeria, Isaac Okorafor, on Wednesday, April 1, 2020, listed 37 […]

Coronavirus Updates Around The World

The coronavirus death toll in the UK rose by 563 in 24 hours, according to the health ministy, a record jump that brought the number of patients who died in hospital to 2,352. The announcement on Wednesday came as Spain recorded its highest daily death toll – another 864 people – while infections jumped to 102,136, […]