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    Senate confirms nomination of Yemi Cardoso as CBN Governor along with four Deputies

    Senate confirms nomination of Yemi Cardoso as CBN Governor along with four Deputies

    NLC, TUC declare nationwide indefinite strike

    NLC, TUC declare nationwide indefinite strike

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    Headline Inflation in Nigeria rose to 22.04% in March

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    Student Loan Act: How to apply for the loan, all you need to know

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    Subsidy Palliative: FG gives states N5bn to buy rice, maize

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    FG to streamline taxes from 52 to 10, rename FIRS

    Student Loan Act: How to apply for the loan, all you need to know

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    Headline Inflation in Nigeria rose to 22.04% in March

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    TRANSCORP reports 528.45% rise in profit for 2021 FY

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    JUST IN: BUA reduces price of cement to N3,500 per bag

    UBA Plc profit for H1 2021 grew by 36.35% to N60.58 billion

    UBA announces US$6 billion financing for SMEs in partnership with AfCFTA

    Capital Hotels Plc gives update on voluntary delisting

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    Access Holdings Plc declares 30 kobo interim dividend for H1 2023

    Dr. Cardoso assumes duty as CBN acting Governor

    Dr. Cardoso assumes duty as CBN acting Governor

    AIICO Board of Directors approve Dividend Payment and  2021 Financial Statements

    Ellah Lakes Plc gets SEC approval to raise ₦2.9bn new capital via rights issue

    Kyari claims OVH acquisition grew NNPC Retail’s Q1 2023 profit to N18.4bn

    Kyari claims OVH acquisition grew NNPC Retail’s Q1 2023 profit to N18.4bn

    Fidelity Bank to issue 3.03 billion Ordinary Shares by way of Private Placement

    Fidelity Bank Plc completes acquisition of Union Bank Plc UK

    Zenith Bank posts N174bn profit, earns N28.14bn from Account Maintenance in 9 Months

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    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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    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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    Tinubu signs Electricity Act of 2023; States to generate, transmit and distribute electricity

    October 1, 2023: President Tinubu’s full speech on Independence Day

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN assigns roles to new deputy governors

    Nnamdi Kanu’s release: S’Court fixes date for hearing, allows FG to raise new objections

    Supreme Court sets date for hearing Nnamdi Kanu’s case

    Long serving US Senator Dianne Feinstein dies at 90

    Long serving US Senator Dianne Feinstein dies at 90

    FG issues Flood Alert: 13 States, 50 Communities to be affected

    FG, States & LGAs share a total of N1.1 trillion August revenue – FAAC

    Air Force Bombs IPOB/ESN camps in Orsumugho-Anambra, Okigwe-Imo

    Air Force Bombs IPOB/ESN camps in Orsumugho-Anambra, Okigwe-Imo

    Senate confirms nomination of Yemi Cardoso as CBN Governor along with four Deputies

    Senate confirms nomination of Yemi Cardoso as CBN Governor along with four Deputies

    NLC, TUC declare nationwide indefinite strike

    NLC, TUC declare nationwide indefinite strike

    Nigeria declares Wednesday public holiday to celebrate Eid-ul-Maulid

    Nigeria declares Wednesday public holiday to celebrate Eid-ul-Maulid

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Headline Inflation in Nigeria rose to 22.04% in March

    Food prices continue to soar in Nigeria as inflation hits 25.80%

    NERC hikes electricity meter price by 40%

    NERC hikes electricity meter price by 40%

    NNPC says no plan to increase petrol price in March

    Nigeria’s daily petrol consumption dropped by 16.8% in July – report

    Student Loan Act: How to apply for the loan, all you need to know

    Tinubu establishes presidential CNG initiative, targets nationwide adoption

    Subsidy Palliative: FG gives states N5bn to buy rice, maize

    Subsidy Palliative: FG gives states N5bn to buy rice, maize

    FG to streamline taxes from 52 to 10, rename FIRS

    FG to streamline taxes from 52 to 10, rename FIRS

    Student Loan Act: How to apply for the loan, all you need to know

    FG establishes ‘Infrastructure Support Fund (ISF) for the 36 States of the Federation’

    Headline Inflation in Nigeria rose to 22.04% in March

    Inflation in Nigeria rises to 22.79% in June 2023

    CBN extends Naira 4 Dollar Scheme for diaspora remittances until further notice

    CBN includes Naira as payout option for diaspora remittance

    • Policies
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    • Economic Data
  • Markets
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    • Cryptocurrencies
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    NGX Daily Equities Market Report: Market gains for third consecutive days

    Nigerian Exchange: Stock Market report for week ended 22 September 2023

    NGX Daily Equities Market Report: Market gains for third consecutive days

    Nigerian Exchange: Stock Market report for week ended 15 September 2023

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2023, qualification and payment dates

    NGX Daily Equities Market Report: Market gains for third consecutive days

    Nigerian Exchange: Stock Market report for week ended 8 September 2023

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX- ASI declined by 0.07% as VITAFOAM loses 10%

    Local Bourse closed in Bullish Territory… As NGX-ASI at 0.31%

    The NGX- ASI gained by 1.11% as Dangote Sugar rises another 10%

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX- ASI declined by 0.08% as TRANSCORP falls 9.99%

    TRANSCORP reports 528.45% rise in profit for 2021 FY

    The NGX- ASI gained by 0.51% as TRANSCORP rises above N7

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI gained by 0.90% as Dangote Sugar rises above N50

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    • Rates & Bonds
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    Equities Market Recorded Gains… As NGX-ASI Grows Marginally By 0.02%

    JUST IN: BUA reduces price of cement to N3,500 per bag

    UBA Plc profit for H1 2021 grew by 36.35% to N60.58 billion

    UBA announces US$6 billion financing for SMEs in partnership with AfCFTA

    Capital Hotels Plc gives update on voluntary delisting

    Capital Hotels Plc gives update on voluntary delisting

    Court sanctions transfer of Access Bank Plc Shares to Holding Company

    Access Holdings Plc declares 30 kobo interim dividend for H1 2023

    Dr. Cardoso assumes duty as CBN acting Governor

    Dr. Cardoso assumes duty as CBN acting Governor

    AIICO Board of Directors approve Dividend Payment and  2021 Financial Statements

    Ellah Lakes Plc gets SEC approval to raise ₦2.9bn new capital via rights issue

    Kyari claims OVH acquisition grew NNPC Retail’s Q1 2023 profit to N18.4bn

    Kyari claims OVH acquisition grew NNPC Retail’s Q1 2023 profit to N18.4bn

    Fidelity Bank to issue 3.03 billion Ordinary Shares by way of Private Placement

    Fidelity Bank Plc completes acquisition of Union Bank Plc UK

    Zenith Bank posts N174bn profit, earns N28.14bn from Account Maintenance in 9 Months

    Zenith Bank Plc reports N291.73bn profit for Half-Year 2023

    • Companies
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    • All
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    • Investogist Business Saturday
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    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

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

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

    North-West, South-West lead as INEC registers 96.2 million, Rivers overtakes Katsina

    ELECTION: How to check your polling unit, code online

    4 things to consider before buying a laptop

    4 things to consider before buying a laptop

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Coronavirus Update – US FDA Approves Remdesivir for Emergency Coronavirus Treatment; Nigeria Records 238 new cases

Friday, 1 May 2020, 10:53 pm
in News, World
1
Coronavirus Update – US FDA Approves Remdesivir for Emergency Coronavirus Treatment; Nigeria Records 238 new cases
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Nigeria Center for Disease Control (NCDC) on Friday recorded 238 new cases of Coronavirus across 21 states and FCT. The details are as follows, 92 in Kano, 36 in FCT, 30 in Lagos, 16 in Gombe, 10 in Bauchi,  8 in Delta, 6 in Oyo, 5 in Zamfara, 5 in Sokoto, 4 in Ondo, 4 in Nasarawa, 3 in Kwara, 3 in Edo, 3 in Ekiti, 3 in Borno, 3 in Yobe, 2 in Adamawa, 1 in Niger, 1 in Imo, 1 in Ebonyi, 1 in Rivers, 1 in Enugu.

Nigeria has recorded 2,170 confirmed cases of Coronavirus, 351 recoveries and 68 deaths. NCDC has conducted 15,759 tests for Covid-19 according to data available on it’s website as at 22:47 GMT 1 May 2020.

On Friday , US Food and Drug Administration (FDA) gave an emergency approval for Gilead’s Remdesivir to be used for Coronavirus treatment. This announcement was made by President Donald Trump. According to President Trump,  Gilead CEO, Daniel O’Day said the company would donate 1.5 million vials of the drug to help Covid-19 patients.

  • Read also; Economic Impact of Covid-19 in Nigeria and How IMF fund will be used – Amine Mati

Remdesivir was originally developed for the treatment of Ebola. During testing, it cut the days of recovery of Covid-19 patients from 15 days to 11 days. It was reported to have a mortality rate of 8%. US has 1,094,640 confirmed cases of Coronavirus and 64,577 deaths while 159,663 has recovered.

32 states in the US are planning to reopen gradually for economic activities to resume. While in Michigan, the stay at home order has been extended to 15 May amid protests. In Connecticut, the Governor, Ned Lamont hopes that businesses will reopen by 20 May.

  • Rea also; Global Rig Count Dropped by 450 in April: Baker Hughes

In Africa, there are total of 39,018 confirmed cases of Coronavirus as at 22:10 GMT according to Africa Center for Disease Control. The Northern African Region has the largest number of cases with 15,100 confirmed cases followed by Western African region with 10,400 confirmed cases of Coronavirus.

South Africa has the highest number of cases by country with 5,951 confirmed case and 116 deaths, followed by Egypt at 5,895 confirmed cases and 406 deaths.

In UK, the Health Secretary Matt Hancock says that the country has now met the testing target of 100,000 tests per day. The government have come under criticism that it is not doing enough tests for Covid-19 in the past weeks. Uk has confirmed 178,684 cases of Coronavirus and 27,510 deaths.

  • Read more; Coronavirus Update – 102 Potential Vaccines in Development – WHO; Nigeria records 204 new cases

In Russia, The Prime Minister Mikhail Mishustin has tested positive for Coronavirus. On Friday Russia reported over 8,000 new cases. The country’s total confirmed cases stand at 114,431 with 1,169 deaths and 13,220 recoveries. Russia has been saying that it has Coronavirus outbreak under control.

However, Mikhail Ketskalo,  former Military doctor working in the Russian capital Moscow, told Reuters news agency that the current situation in Russia with high influx of Covid-19 patients to hospital can be compared to a warzone.

According to John Hopkins Coronavirus Resource Center, there are 3,334,416 confirmed cases of Coronavirus, 1,050,768 recoveries and 237,943 deaths recorded globally as at 22:18 GMT of Friday.

238 new cases of #COVID19;

92-Kano
36-FCT
30-Lagos
16-Gombe
10-Bauchi
8-Delta
6-Oyo
5-Zamfara
5-Sokoto
4-Ondo
4-Nasarawa
3-Kwara
3-Edo
3-Ekiti
3-Borno
3-Yobe
2-Adamawa
1-Niger
1-Imo
1-Ebonyi
1-Rivers
1-Enugu

2170 confirmed cases of #COVID19 in Nigeria
Discharged: 351
Deaths: 68 pic.twitter.com/0sWoV3sATV

— NCDC (@NCDCgov) May 1, 2020

Written by

Ifunanya Ikueze.

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Equities Market Recorded Gains… As NGX-ASI Grows Marginally By 0.02%

JUST IN: BUA reduces price of cement to N3,500 per bag

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2023, qualification and payment dates

Tinubu signs Electricity Act of 2023; States to generate, transmit and distribute electricity

October 1, 2023: President Tinubu’s full speech on Independence Day

“CBN plans to shut down financial transactions” – Apex Bank warns of fake news

CBN assigns roles to new deputy governors

Equities Market Recorded Gains… As NGX-ASI Grows Marginally By 0.02%

JUST IN: BUA reduces price of cement to N3,500 per bag

Tinubu signs Electricity Act of 2023; States to generate, transmit and distribute electricity

October 1, 2023: President Tinubu’s full speech on Independence Day

“CBN plans to shut down financial transactions” – Apex Bank warns of fake news

CBN assigns roles to new deputy governors

Nnamdi Kanu’s release: S’Court fixes date for hearing, allows FG to raise new objections

Supreme Court sets date for hearing Nnamdi Kanu’s case

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