Investogist
No Result
View All Result
Friday, June 5, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    Dangote Cement Profits Soar to ₦743bn on Price Increase

    Dangote Refinery Faces Competition as Ardova, Ibeto Cut Prices

    Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

    Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

    Tinubu to deploy 1,000 forest guards, special rescue team to Ogbomosho

    Tinubu to deploy 1,000 forest guards, special rescue team to Ogbomosho

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

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

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

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Fubara, Cole Withdraws from APC Governorship Primaries

    Fubara, Cole Withdraws from APC Governorship Primaries

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Bill to prohibit foreign currency use in Nigeria scales first reading

    Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Announces Currency Options for 4.26 Cents Final Dividend

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Marketers are not buying our petrol, we have 500 million liters in our tank – Dangote

    Dangote Refinery Exceeds 650,000 bpd Nameplate in Licensor Performance Test

    Access Holdings Profit Surges 22% in Q1 2026

    Access Holdings Releases Unclaimed Dividend List

    Abbey Mortgage Bank Secures CBN Approval for Conversion to Regional Commercial Bank

    Abbey Mortgage Bank Secures CBN Approval for Conversion to Regional Commercial Bank

    Bill to prohibit foreign currency use in Nigeria scales first reading

    Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    Dangote Refinery Faces Competition as Ardova, Ibeto Cut Prices

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Announces Currency Options for 4.26 Cents Final Dividend

    First HoldCo Plc Appoints New Group Company Secretary

    First HoldCo Approves ₦253bn Capital Raise to Achieve ₦1 Trillion Capital

    Mutual Benefits Assurance Declares Final Dividend for 2025 FY

    Mutual Benefits Assurance Declares Final Dividend for 2025 FY

    The Initiates Expands African Footprint with $2.02 Million Investment in Uganda

    The Initiates Expands African Footprint with $2.02 Million Investment in Uganda

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    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

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    • 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
    Dangote Cement Profits Soar to ₦743bn on Price Increase

    Dangote Refinery Faces Competition as Ardova, Ibeto Cut Prices

    Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

    Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

    Tinubu to deploy 1,000 forest guards, special rescue team to Ogbomosho

    Tinubu to deploy 1,000 forest guards, special rescue team to Ogbomosho

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

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

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

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Fubara, Cole Withdraws from APC Governorship Primaries

    Fubara, Cole Withdraws from APC Governorship Primaries

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Bill to prohibit foreign currency use in Nigeria scales first reading

    Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Announces Currency Options for 4.26 Cents Final Dividend

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Marketers are not buying our petrol, we have 500 million liters in our tank – Dangote

    Dangote Refinery Exceeds 650,000 bpd Nameplate in Licensor Performance Test

    Access Holdings Profit Surges 22% in Q1 2026

    Access Holdings Releases Unclaimed Dividend List

    Abbey Mortgage Bank Secures CBN Approval for Conversion to Regional Commercial Bank

    Abbey Mortgage Bank Secures CBN Approval for Conversion to Regional Commercial Bank

    Bill to prohibit foreign currency use in Nigeria scales first reading

    Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    Dangote Refinery Faces Competition as Ardova, Ibeto Cut Prices

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Announces Currency Options for 4.26 Cents Final Dividend

    First HoldCo Plc Appoints New Group Company Secretary

    First HoldCo Approves ₦253bn Capital Raise to Achieve ₦1 Trillion Capital

    Mutual Benefits Assurance Declares Final Dividend for 2025 FY

    Mutual Benefits Assurance Declares Final Dividend for 2025 FY

    The Initiates Expands African Footprint with $2.02 Million Investment in Uganda

    The Initiates Expands African Footprint with $2.02 Million Investment in Uganda

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    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

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    • 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

Coronavirus Update – China Reports No new cases; Nigeria Records 265 new cases

Sunday, 24 May 2020, 2:30 am
in News, World
1
Coronavirus Update – Chinese Vaccine Developers Lack Qualified Patients, as Nigeria Confirms 196 new cases.
Share Share Share Share Send as Email

On Saturday, Nigeria Center for Disease Control (NCDC) reported 265 new cases of Covid-19 in Nigeria across 12 states and FCT with details as follows: 133-Lagos, 34-Oyo, 28-Edo, 23-Ogun, 22-FCT, 6-Plateau, 5-Kaduna, 3-Borno, 3-Niger, 2-Kwara, 2-Bauchi, 2-Anambra, 2-Enugu.

Total of 7,526 confirmed cases of Covid-19 have been recorded in Nigeria. Out of which 2,174 have been discharged and 221 deaths recorded. However, there are concerns that the number of Covid-19 cases in the country may be much higher due to inadequate testing.

As at 23 May, a total of 43,328 samples have been tested for Covid-19 since the outbreak began according to NCDC in a population of over 200 million people.

Ten states with the largest number of confirmed Covid-19 cases are;

In Rivers state, two patients admitted to the Rivers State University Teaching Hospital had tested positive for COVID-19 according to the Public Relations Officer of RSUTH, Dr Nsirim Larry in a statement in Port Harcourt on Saturday.

Read more; Coronavirus Update – Nigeria vs Other Countries in Terms of Testing; 245 new cases recorded in Nigeria

According to him, the patients are; a female security personnel working in the hospital and the other a female patient admitted into the labour ward. He said that the doctors and nurses who had direct contact with both patients have been advised by the hospital management to self-isolate.

He added that the hospital is “working to decontaminate the labour ward and radiology unit immediately while sample collection of the direct contacts would begin tomorrow”.

In Cross River State, the state’s branch of the Nigerian Medical Association NMA) says COVID-19 has been killing people in the state even though the State Governor Ben Ayade insists that the state is free of the virus.

The group criticized “the rising number of deaths from suspected cases in the state”, calling for action.

On Wednesday, Investogist reported the number of samples tested for Covid-19 per state in Nigeria, according to a situation report released by the NCDC on May 18. The report showed that only seven tests have been conducted in Cross River state, and just 1 test in Kogi state, the second state without a confirmed case in Nigeria.

“The unacceptable low number of persons tested in Cross River suggests a lack of diligent, expansive and coordinated surveillance response which is the hallmark of effective prevention and containment of Covid-19.” The state branch of NMA said.

Nigeria remains the worst affected country in West Africa. Nigeria has the highest number of confirmed Covid-19 cases and deaths in the region. It is followed by Ghana with 6,617 confirmed cases, 1,978 recoveries and 31 deaths, according to African Center for Disease Control and Prevention.

Total confirmed cases in Africa stands at 104,275 with 41,712 recoveries and 3,185 deaths.

In China where the Covid-19 out break began in 2019, no new confirmed cases of Covid-19 was recorded on the mainland on Friday.  This is the first time it has seen no daily rise in the number of cases since the pandemic began in the central city of Wuhan.

Read more; The Nigeria’s National Cake: How it is Shared

The National Health Commission (NHC) said in a statement on Saturday that there were two new suspected cases: an imported one in Shanghai and locally transmitted case in the north eastern province of Jilin.

China reported 84,081 cases of Covid-19, with 79332 recoveries and 4,638 deaths. However, there were doubts about the veracity of the figures reported by China and the country has been heavily criticized for its handling of the virus outbreak that has overwhelmed even the strongest health systems.

In Germany, a Church service held on 10 May has been linked to 40 Covid-19 cases. The church officials of the Baptist Church in Frankfurt said they followed social distancing rules and disinfected the building ahead of the service.

States in Germany began easing lockdown measures in early May, with strict guidelines on social distancing rules of 1.5m apart.

Shops are now reopening, pupils are returning to class and the Bundesliga has become the first major football league in Europe to resume after lockdown.

Read also; Nigeria Headed for a Deeper Recession, to Shrink by 8.9%: Finance Minister

The country has recorded 179,945 cases of Covid-19 with 159,716 recoveries and 8,261 deaths. It has one of the highest recovery rates at 88.76% and low deaths rate at 4.6% in Europe among its counterparts.

In Spain, thousands have gathered in the country’s capital Madrid to protest against the governments handling of the Covid-19 outbreak calling the Prime Minister, Pedro Sánchez to resign. The protesters drove through major cities without leaving their vehicles in order to maintain social distancing.

Spain is the third country in Europe with largest number of confirmed behind Russia and UK. It had imposed one of the strictest lockdown measures on 14th March to control Covid-19 outbreak.

Read further; How Much is the Business Worth: Stories the Asset Values Tell

Though ease of restriction have began in the past few weeks, Madrid and Barcelona have remained under tight lockdown due to their more severe outbreaks of Covid-19.

Spain has recorded 235,290 cases of Covid-19 with 150,376 recoveries and 28,678 deaths. It is the fifth country in the world with largest number of Covid-19 cases behind the U.S, Russia, Brazil, and United Kingdom.

Globally, there are 5,282,370 confirmed cases of the virus, 2,090,985 recoveries and 340,653 deaths recorded according to John Hopkins Coronavirus Resource Center.

Written by

Ifunanya Ikueze

Related Posts:

  • Remdesivir
    Coronavirus Update – US FDA Approves Remdesivir for…
  • Coronaviru
    Coronavirus Update - New cases surge in the U.S as…
  • coronavirus2_660_130320082506
    Coronavirus Update - Cases Continue to Rise in the…
  • 23_03_2020-coronavirus_1_201341881588249982720
    Coronavirus Update - Cases Rise in the North;…
Previous Post

How Much is the Business Worth: Stories the Asset Values Tell

Next Post

Sports and Covid-19

Next Post
Sports and Covid-19

Sports and Covid-19

Please login to join discussion
  • Trending
  • Comments
  • Latest
Access Holdings Profit Surges 22% in Q1 2026

Access Holdings Releases Unclaimed Dividend List

Nigerian Stock Exchange’s new look (NGX Group): Brand Identity and Website

Nigerian Stock Exchange’s new look (NGX Group): Brand Identity and Website

Tokyo 2020 Paralympics Medal Table

Tokyo 2020 Paralympics Medal Table

NGX Equities Market Report: Equities market bounce back to gains along with BUAFOODS

54 Companies whose stocks gained more than 100% in 2023 on The Nigerian Exchange

Marketers are not buying our petrol, we have 500 million liters in our tank – Dangote

Dangote Refinery Exceeds 650,000 bpd Nameplate in Licensor Performance Test

Access Holdings Profit Surges 22% in Q1 2026

Access Holdings Releases Unclaimed Dividend List

Abbey Mortgage Bank Secures CBN Approval for Conversion to Regional Commercial Bank

Abbey Mortgage Bank Secures CBN Approval for Conversion to Regional Commercial Bank

Bill to prohibit foreign currency use in Nigeria scales first reading

Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

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