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    SUNU Assurances Directors Approve ₦9.34 Billion Rights Issue to Existing shareholders

    SUNU Assurances Directors Approve ₦9.34 Billion Rights Issue to Existing shareholders

    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

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

    NEIMETH lists additional 2.37 billion shares on NGX

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    FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

    Individuals must file tax returns by March 31; employers, January 31 – Oyedele

    Anambra to begin payment of new minimum wage.

    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

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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

    Why Made in Nigeria Cement Is Cheaper Abroad – Dangote

    Dangote refinery set to import Crude oil from Brazil

    Dangote Refinery Cuts Petrol Price to ₦699 per Litre

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    CBN Rolls Out New Cash Rules, Sets Fresh Withdrawal Limits for 2026

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

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    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    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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    Universal Insurance Shareholders Approve Capital Raise of Up to ₦15 Billion at EGM

    Universal Insurance Shareholders Approve Capital Raise of Up to ₦15 Billion at EGM

    SUNU Assurances Directors Approve ₦9.34 Billion Rights Issue to Existing shareholders

    SUNU Assurances Directors Approve ₦9.34 Billion Rights Issue to Existing shareholders

    ​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

    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

    Transcorp Power Grows Profit, Revenue Surges to ₦308.5bn in Q3 2025

    Transcorp Power Plc Declares ₦5.50 per Share Dividend Along Strong FY 2025 Performance

    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

    Aradel Holdings Plc Profit Surge in 2025 Amid  Acquisitions

    Aradel Holdings Plc Profit Surge in 2025 Amid Acquisitions

    Lafarge Africa Expands Gombe and Sagamu Plants to 5.5MT Capacity

    Lafarge Africa Expands Gombe and Sagamu Plants to 5.5MT Capacity

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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

    Greif Nigeria Plc nears final stage of its voluntary liquidation process

    Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    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

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    How Donald Trump won the 2024 U.S Presidential Election

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

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    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

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    SUNU Assurances Directors Approve ₦9.34 Billion Rights Issue to Existing shareholders

    SUNU Assurances Directors Approve ₦9.34 Billion Rights Issue to Existing shareholders

    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

    FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

    Individuals must file tax returns by March 31; employers, January 31 – Oyedele

    Anambra to begin payment of new minimum wage.

    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

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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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    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    CBN Rolls Out New Cash Rules, Sets Fresh Withdrawal Limits for 2026

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Headline Inflation in Nigeria rose to 22.04% in March

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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

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    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%

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
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    Universal Insurance Shareholders Approve Capital Raise of Up to ₦15 Billion at EGM

    Universal Insurance Shareholders Approve Capital Raise of Up to ₦15 Billion at EGM

    SUNU Assurances Directors Approve ₦9.34 Billion Rights Issue to Existing shareholders

    SUNU Assurances Directors Approve ₦9.34 Billion Rights Issue to Existing shareholders

    ​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

    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

    Transcorp Power Grows Profit, Revenue Surges to ₦308.5bn in Q3 2025

    Transcorp Power Plc Declares ₦5.50 per Share Dividend Along Strong FY 2025 Performance

    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

    Aradel Holdings Plc Profit Surge in 2025 Amid  Acquisitions

    Aradel Holdings Plc Profit Surge in 2025 Amid Acquisitions

    Lafarge Africa Expands Gombe and Sagamu Plants to 5.5MT Capacity

    Lafarge Africa Expands Gombe and Sagamu Plants to 5.5MT Capacity

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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

    Greif Nigeria Plc nears final stage of its voluntary liquidation process

    Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

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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

    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?

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    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

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Coronavirus Update- Death in UK Pass 30,000; Nigeria Records 195 new cases

Wednesday, 6 May 2020, 11:55 pm
in News, World
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On Wednesday, Nigeria Center for Disease Control (NCDC) reported 195 new cases of Covid-19 across 12 states and FCT as follows; 82-Lagos, 30-Kano, 19-Zamfara, 18-Sokoto, 10-Borno, 9-FCT, 8-Oyo, 5-Kebbi, 5-Gombe, 4-Ogun, 3-Katsina, 1-Kaduna, and 1-Adamawa. Nigeria has recorded 3,145 confirmed cases of Covid-19 with 534 recoveries and 103 deaths.

Nigeria has conducted total of 21,208 tests for Covid-19 according to the data on NCDC website  as at 21:05GMT on Wednesday.

  • Read also; Coronavirus Update – The Trial of BCG Vaccine Starts in South Africa; Nigeria Records 148 new cases

On Wednesday, the ban on flights to Nigeria, which was placed in March to contain the spread of Covid-19 was extended by four weeks. During the daily Presidential task force on Covid-19 briefing on Wednesday, The Minister of Aviation, Hadi Sirika said that, Nigeria’s Aviation sector loses about N21 billion per month since the out break began in the country.

In Kano, one doctor has died after testing positive for coronavirus according to the Nigerian Medical Association (NMA) in Kano. Dr Sanusi Mohammad Bala, State NMA chairman, said that, 33 other doctors had also tested positive, but they were in a stable condition. There are around 1,500 doctors in all of Kano state

There are total number of 49,867 confirmed cases of Covid-19 in Africa, with 16,549 recoveries and 1,972 deaths according to the African Center for Disease Control. Northern Africa has the largest number of cases at 18,600, followed by West Africa at 13,600 confirmed cases.

In West Africa, Nigeria is the worst affected country. It is followed by Ghana at 2,719 confirmed cases, 294 recoveries and 18 deaths.

  • Read also; FCMB Moves to Mitigate Impact of COVID-19: To Restructure 50% of Loan Portfolio 

Cote d’Ivoire has recorded the highest number of recoveries in West Africa. The country has 1,464 confirmed cases, 701 recoveries and 18 deaths.

In UK, Europe’s worst affected country, additional 649 deaths were reported, to bring the total Covid-19 deaths in the country to 30,150. Thus, becoming the first European country to report over 30,000 deaths. In terms of confirmed cases, UK is the third largest in Europe with 202,352 cases, behind Spain and Italy with 219,329 and 214,457 confirmed cases respectively.

In Russia, the number of cases of Covid-19 has been on the increase, with over 10,000 news cases recorded per day for the past 4 consecutive days. As a result, Russia has recalled its 100 Army medical team, that were sent to Italy in March, at the peak of Italy’s outbreak.

Russian Defence Minister, Sergei Shoigu said the teams would start to leave on Thursday, according to Interfax news agency.

  • Read more; Current Structure and Challenges of the Nigerian Agricultural Industry

On Wednesday, Russian Culture Minister, Olga Lyubimova, became the third member of the government diagnosed with Covid-19. Russian Prime Minister Mikhail Mishutin and Construction minister Vladimir Yakushev had earlier tested positive for C0vid-19.

Russia has a total of 165,929 confirmed cases, 21,327 recoveries and 1,537 deaths. In a recent poll conducted by Levada, President Putin’s approval ratings dropped to a historic low of 59% from 69% before the outbreak.

The U.S remains the world epicentre of the outbreak with 1,216,739 confirmed cases, 189,791 recoveries and 72,233 deaths.  President Trump has backtracked on the “winding down” of the Coronavirus task force which he announced on Tuesday. He said on Wednesday, that the task force will continue to work “indefinitely”.

President Trump said in the Oval office, during a meeting with nurses, “I thought we could wind it down sooner. But I had no idea how popular the task force is until, actually, yesterday when I started talking about winding it down. I get calls from very respected people saying ‘I think it would be better to keep it going, it’s done such a good job’ “.

Globally, there are 3,732,042 confirmed Covid-19 cases, 1,226,790 recoveries and 261,517 deaths. According to John Hopkins Coronavirus resource Center.  as at 21:10 GMT on Wednesday.

The race for vaccine and treatment is ongoing around the world. According to the World Health Organization, there are 102 potential vaccines with 8 given green light for clinical trials.

195 new cases of #COVID19;

82-Lagos
30-Kano
19-Zamfara
18-Sokoto
10-Borno
9-FCT
8-Oyo
5-Kebbi
5-Gombe
4-Ogun
3-Katsina
1-Kaduna
1-Adamawa

3145 confirmed cases of #COVID19 in Nigeria
Discharged: 534
Deaths: 103 pic.twitter.com/kqXEbfj66X

— NCDC (@NCDCgov) May 6, 2020

Written by

Ifunanya Ikueze

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