Investogist
No Result
View All Result
Thursday, November 12, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Begins Second Phase of Share Buyback, Eyes 12m Shares

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Cement’s profit jumps 31% to ₦974.8bn as debt is cleared

    Access Holdings Profit Surges 22% in Q1 2026

    Access Holdings H1 2026 Profit Rises 23.5% to ₦266.7bn

    VFD Group Posts 96% Profit Jump to ₦13 Billion

    VFD Group Posts 96% Profit Jump to ₦13 Billion

    FG Begins ₦50,000 NERSI Cash Relief for Vulnerable Households

    FG Begins ₦50,000 NERSI Cash Relief for Vulnerable Households

    NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

    NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

    NJC sacks two heads of court, suspends two judges, sets up panel

    Court Sacks Uzodimma as APC’s Imo West Senate Candidate, Declares Okorocha Primary Winner

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa half-year profit hits $452m on mobile money, data growth

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Begins Second Phase of Share Buyback, Eyes 12m Shares

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Cement’s profit jumps 31% to ₦974.8bn as debt is cleared

    Red Star Express Declares 35 Kobo Dividend, Approves Restructuring at 32nd AGM

    Red Star Express Renames Freight Subsidiary as Red Star Cargo Services

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    Airtel Africa Opens Dollar Option for 3.1 Cents Interim Dividend

    Aradel Holdings Declares ₦7 Interim Dividend, Payment Set for December 7

    Aradel Holdings Declares ₦7 Interim Dividend, Payment Set for December 7

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Posts ₦474.2bn Profit in Q3 2026

    Access Holdings Profit Surges 22% in Q1 2026

    Access Holdings H1 2026 Profit Rises 23.5% to ₦266.7bn

    Access Holdings Reports ₦266.7bn Half-Year Profit, Declares No Interim Dividend

    Access Holdings Reports ₦266.7bn Half-Year Profit, Declares No Interim Dividend

    Access Holdings Plc Releases Unaudited Financial Report for H1 2025

    Access Holdings Posts ₦474.2bn Nine-Month Profit, Lays Out Five-Point Scale-to-Value Plan

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Begins Second Phase of Share Buyback, Eyes 12m Shares

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Cement’s profit jumps 31% to ₦974.8bn as debt is cleared

    Access Holdings Profit Surges 22% in Q1 2026

    Access Holdings H1 2026 Profit Rises 23.5% to ₦266.7bn

    VFD Group Posts 96% Profit Jump to ₦13 Billion

    VFD Group Posts 96% Profit Jump to ₦13 Billion

    FG Begins ₦50,000 NERSI Cash Relief for Vulnerable Households

    FG Begins ₦50,000 NERSI Cash Relief for Vulnerable Households

    NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

    NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

    NJC sacks two heads of court, suspends two judges, sets up panel

    Court Sacks Uzodimma as APC’s Imo West Senate Candidate, Declares Okorocha Primary Winner

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa half-year profit hits $452m on mobile money, data growth

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Begins Second Phase of Share Buyback, Eyes 12m Shares

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Cement’s profit jumps 31% to ₦974.8bn as debt is cleared

    Red Star Express Declares 35 Kobo Dividend, Approves Restructuring at 32nd AGM

    Red Star Express Renames Freight Subsidiary as Red Star Cargo Services

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    Airtel Africa Opens Dollar Option for 3.1 Cents Interim Dividend

    Aradel Holdings Declares ₦7 Interim Dividend, Payment Set for December 7

    Aradel Holdings Declares ₦7 Interim Dividend, Payment Set for December 7

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Posts ₦474.2bn Profit in Q3 2026

    Access Holdings Profit Surges 22% in Q1 2026

    Access Holdings H1 2026 Profit Rises 23.5% to ₦266.7bn

    Access Holdings Reports ₦266.7bn Half-Year Profit, Declares No Interim Dividend

    Access Holdings Reports ₦266.7bn Half-Year Profit, Declares No Interim Dividend

    Access Holdings Plc Releases Unaudited Financial Report for H1 2025

    Access Holdings Posts ₦474.2bn Nine-Month Profit, Lays Out Five-Point Scale-to-Value Plan

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

China locks down its financial hub & economic capital, Shanghai

Monday, 28 March 2022, 6:21 pm
in News, World
0
China locks down its financial hub & economic capital, Shanghai
Share Share Share Share Send as Email

On Monday, Shanghai, China’s financial hub and economic capital went into lock down in two stages over nine days while authorities carry out Covid-19 testing.

The lockdown will be conducted in two phases. First, Shanghai’s Pudong financial district and nearby areas will be quarantined from Monday to Friday. Second, Pudong will pass the baton to the vast downtown area west of the Huangpu River, which will start its own five-day lockdown on Friday.

To control the growing outbreak, the lockdown will be accompanied by a new round of mass nucleic acid testing across the city, China’s Xinhua reported, citing Shanghai officials. Beijing recorded 3,500 cases of the infection on Sunday.

Read also; Delisting of Access Bank Plc and listing of Access Holdings Plc

Public transport, including ride-hailing services, in these areas will be suspended when they are locked down, the city government said on its official WeChat account, adding that unapproved vehicles will not be allowed on the roads.

It also said that all companies and factories will suspend manufacturing or work remotely during the lockdown, apart from those involved in offering public services or supplying food. Groceries will be delivered and left at checkpoints.

The city government published the instructions on its WeChat account, asking the public “to support, understand and cooperate with the city’s epidemic prevention and control work”.

Shanghai has battled a new COVID-19 surge for nearly a month and on Saturday it reported its highest daily number of cases since the initial outbreak in China receded. The city recorded 2,631 new asymptomatic cases, which accounted for nearly 60 percent of China’s total new asymptomatic cases that day, plus 47 new cases with symptoms.

While the number of cases in Shanghai remains modest by global standards, the city of 26 million people has become a testing ground for China’s “zero-COVID” strategy.

 In line with the policy, China’s authorities are free to use public health measures such as mass testing, contact tracing, and lockdowns in order to stop community transmission of the virus as soon as it is detected.

The goal is to get the area of an outbreak back to zero new infections and resume normal economic and social activities as soon as possible. The policy has been criticized by many, however, who argue that it takes too much of an economic toll.

Shanghai authorities have previously resisted a broad lockdown of the city to avoid destabilizing its economy and opted for a more bespoke “slicing and gridding” approach, which involves screening neighbourhoods one by one.

Some Shanghai residents have complained about the seemingly endless cycles of testing, suggesting that the cost of zero-Covid had become too high.

China reported a total of 4,448 new asymptomatic infections on March 26, up from 4,430 a day earlier, including 1,007 new cases in the northeastern province of Jilin, currently under lockdown.

The country reported 1,254 new confirmed cases with symptoms, down from 1,335 a day earlier. Of the new cases, 1,217 were locally transmitted, versus 1,280 a day earlier.

There were no deaths reported on March 26, leaving the death toll at 4,638. As of March 26, mainland China had confirmed 143,240 cases of COVID-19.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

Related Posts:

  • Naira v
    Naira appreciates to N665/$1 at parallel market -…
  • JP Morgan
    JPMorgan slashes its forecast for U.S economic growth
  • Cryptocurrencies
    Cryptocurrencies tumble as China calls for crack…
  • EFCC Eagle Eye
    EFCC launches new App, 'Eagle Eye' for reporting…
Previous Post

G7 rejects Russia’s demand for gas payment in rubles, Russia to stop gas shipments

Next Post

Access Holdings Plc announces Board members

Next Post
Access Holdings Plc announces Board members

Access Holdings Plc announces Board members

Please login to join discussion
  • Trending
  • Comments
  • Latest
Airtel Africa Releases Audited Financial Statements for Q1 2026

Airtel Africa Begins Second Phase of Share Buyback, Eyes 12m Shares

List of Active Stockbrokers on NSE: Is Your Stockbroker Active?

Stanbic IBTC launches a rights issue worth ₦N148.7 billion on the NGX Invest platform.

Stanbic IBTC Fixes ₦159.86 Reference Price for 2026 Interim Scrip Dividend

Nigeria raises borrowing limit in New Debt Management Plan

N100 bn Sovereign Sukuk Issuance for 2022 closes on a high note – DMO

Airtel Africa Releases Audited Financial Statements for Q1 2026

Airtel Africa Begins Second Phase of Share Buyback, Eyes 12m Shares

Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

Dangote Cement’s profit jumps 31% to ₦974.8bn as debt is cleared

Red Star Express Declares 35 Kobo Dividend, Approves Restructuring at 32nd AGM

Red Star Express Renames Freight Subsidiary as Red Star Cargo Services

Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

Airtel Africa Opens Dollar Option for 3.1 Cents Interim Dividend

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved