archiveMay 8, 2020

The U.S. unemployment rate for April jumped to 14.7 per cent, according to data released by the government as novel coronavirus and lockdowns  battered the economy. According to statistics by the Bureau of Labour, total non-farm payroll employment fell by 20.5 million in April. The number represents the highest rate/...

Dr Tedros Ghebreyesus, the Director-General of World Health Organisation (WHO), says the organization requires 1.7 billion dollars to respond to COVID-19 between now and the end of 2020. Ghebreyesus, in his speech posted on the verified WHO website, made the remark at a news conference in Geneva on Friday. He...

Ogun State Government says it is constrained to extend the existing lockdown in the state by one week. Gov. Dapo Abiodun, who made this known while addressing journalists in Abeokuta, said it had become imperative to extend the lockdown as a means to save lives. The extension, however, is contrary...

A wholesale market in the central Chinese city of Wuhan played a role in the outbreak of the novel coronavirus in 2019, the World Health Organisation (WHO) said on Friday, calling for more research. Chinese authorities shut down the market in January as part of efforts to halt the spread...

The Nigerian Stock Exchange (NSE)on Friday recorded first week loss with the market indicators dropping 1.27 per cent due to profit taking. Specifically, the market capitalisation of listed equities dipped N161 billion or 1.27 per cent to N12.531 trillion compared with N12.692 trillion achieved on Thursday. Also, the All-Share Index...

The Minister of Women Affairs, Mrs Pauline Tallen, on Friday admonished non-governmental organisations against diversion of palliatives meant for vulnerable and needy women. Tallen made the call while distributing palliatives items donated by the Federal Government, through the Ministry of Humanitarian Affairs and Disaster Management in Abuja. According to her, the...

Ikeja Electric Plc (IE), has unveiled its 2018 Sustainability Report, disclosing that it had put strategies in place to steer the electricity distribution value chain to greater heights. Mr Kola Adesina, the IE chairman, unveiled the report entitled, “Committed to Excellence- Half a Decade of Bringing Energy to Life”,  on...

The Abia Government says it has embarked on active case search in all its 17 local government areas to ensure that cases of COVID-19 and other related diseases are reported timely. Mr Stanley Ajamgbulogu, the Disease Surveillance and Notification Officer, Abia State Ministry of Health, said this to News Agency...

The Nigerian Stock Exchange has enjoyed significantly rallies in recent weeks, even amidst the global Coronavirus (COVID-19) pandemic as The Exchange sustains remote trading, free flow of information and vibrant market activity, the index has accelerated +16.39% in the past month and ranks second in Bloomberg’s best performing indexes within...

Lagos Commissioner for Health Prof. Akin Abayomi, on Friday said the State may record between 90,000 and 120,000 cases of coronavirus by July or August when it reaches the peak. Abayomi disclosed this at a news conference at the Secretariat, Alausa, Ikeja while giving updates on coronavirus in the State....