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    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

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    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

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    NNPC acquires equipment to build 40 CNG filling stations

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    Dangote Refinery will supply first product to market by July – Dangote

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    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

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    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

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    Austin Laz & Co PLC Announces Potential Core Investment from BMT Industries

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    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

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    CEO of Ecobank Group to retire, new CEO announced

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    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

    MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B

    MTN Group Advances Talks to Buy remaining 75% Stake in IHS Towers for $2.76B

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Seeks NGX Approval for ₦4 per share Rights Issue as Shares Trade at ₦10.10

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    Soludo Introduces Mandatory Attendance Registers in Anambra Markets Amid One-Week Onitsha Closure Over Sit-at-Home

    Anambra to begin payment of new minimum wage.

    Soludo Shuts Onitsha Market for a Week Over Adherence to Monday Sit-at-Home

    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Terrorists attack presidential guards in Abuja after threat to abduct Buhari

    FG Confirms U.S.-Backed Airstrikes on Terrorists Targets in Sokoto State

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

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    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Dangote Refinery will supply first product to market by July – Dangote

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    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

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    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

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    ​Tantalizers Plc reports N25.9 million loss in Q2 2025

    Tantalizers Plc Secures ₦2bn Equity Investment as Entertainment Bet Gains Momentum

    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

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    MTN Group Advances Talks to Buy remaining 75% Stake in IHS Towers for $2.76B

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    Neimeth Seeks NGX Approval for ₦4 per share Rights Issue as Shares Trade at ₦10.10

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    Aradel Holdings Plc Profit Surge in 2025 Amid Acquisitions

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    Austin Laz & Co PLC Announces Potential Core Investment from BMT Industries

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    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    Fortis Global Insurance Returns to NGX Trading Floor After 6-years Suspension

    CEO of Ecobank Group to retire, new CEO announced

    Ecobank Lists Additional 5.3 Billion Ordinary Shares on NGX

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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    Wema Bank Plc rights issue opens for subscription

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    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

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

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90% of China’s Sinovac employees, families took coronavirus vaccine, says CEO

Sunday, 6 September 2020, 11:43 am
in News, World
0
90% of China’s Sinovac employees, families took coronavirus vaccine, says CEO
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The Chief Executive Officer of Sinovac Biotech Ltd on Sunday said that about 90% of the company employees and their families have taken an experimental coronavirus vaccine, developed by the Chinese firm under the country’s emergency use program.

The emergency vaccination program which was launched by China in July, is using experimental vaccines in the hopes of protecting essential workers against a potential COVID-19 resurgence, even as trials are still underway.

The program is intended for specific groups, including medical staffers and those who work at food markets and in the transportation and service sectors.

No vaccine has passed final, large-scale trials to prove it is effectiveness including the vaccine approved by Russia in August.

However, eight potential vaccines whose developers/manufacturers include University of Oxford/AstraZeneca, Moderna/NIAID, BioNTech/Fosun Pharma/Pfizer, Sinovac, Wuhan Institute of Biological Products/Sinopharm, Gamaleya Research Institute, etc are in phase three clinical trials according to the World Health Organization (WHO).

Sinovac, whose CoronaVac is in Phase 3 clinical trials and is undergoing large clinical trials in Brazil, and has been included in the emergency scheme, offered the candidate vaccine to approximately 2,000 to 3,000 employees and their families on a voluntary basis, according to the CEO Yin Weidong Reuters reported.

“As a vaccine developer and manufacturer, a new outbreak could directly impact our vaccine production,” Yin said.

Yin said, said he took the vaccination shot. Noting that the adverse effect is “very low”. He added that the his wife and parents also took the shot.

Side effects after taking CoronaVac include fatigue, fever and pain, with mostly mild symptoms, according to results of a mid-stage trial sponsored by Sinovac, involving 600 participants and published last month ahead of peer review.

Data gathered from the program could offer evidence of the vaccine’s safety, but such data, which is not part of the registered clinical trial protocols, will not be used as main materials that regulators review in judging whether to approve the vaccine for commercial use, Yin said.

Globally more than 26.9 million cases of Covid-19 has been confirmed with over 17.9 million recoveries and 880,008 deaths recorded according to John Hopkins Coronavirus Resource Centre.

Global recovery rate is 66.76% and death rate is 3.27%.

Written by;

Ifunanya Ikueze

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