Investogist
No Result
View All Result
Thursday, June 26, 2025
  • News
    • All
    • Africa
    • Nigeria
    • World
    Israel and Iran agree on ceasefire – Trump

    Israel and Iran agree on ceasefire – Trump

    Breaking: Iran launches missiles at US bases in the Middle East

    Breaking: Iran launches missiles at US bases in the Middle East

    US military strikes Iran

    US military strikes Iran

    EFCC seeks transfer of Orji Uzor Kalu’s trial to Lagos

    Yahoo boys launder money for ‘politically exposed persons’ – EFCC boss

    Gombe receives N60 billion from FG to establish Agro-Livestock Industrial Zone

    Gombe receives N60 billion from FG to establish Agro-Livestock Industrial Zone

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

    The increased prices of driver’s licenses, number plates set to take effect

    Trump congratulates Nigeria for Banning Twitter, says more countries should do same

    Trump bans citizens of 12 countries from entering the U.S, full list

    France launches mandatory online visa appointments for travelers

    France launches mandatory online visa appointments for travelers

    Federal Government declares June 6 and 9 public holidays

    Federal Government declares June 6 and 9 public holidays

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

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

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Sovereign Trust Insurance Plc grows Profit after tax by 43%  in Q1 2021

    Sovereign Trust Insurance Plc appoints Abimbola Oguntunde as New Board Chairman

    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank to exit CBN forbearance restriction end of June, confident in dividend payments

    FY 2020: FCMB Group Plc gross earnings, profit, assets see double-digit growth rates

    FCMB Group Plc addresses CBN’s forbearance loans directive, details capital management plans

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

    Renaissance Capital names banks affected by CBN’s dividend payout suspension

    Dangote Refinery further reduces Diesel and Aviation fuel prices

    Dangote Petroleum Refinery to begin distribution of PMS and Diesel nationwide

    United Capital Plc receives FMDQ approval to increase size of Commercial Paper programme

    United Capital Group expands into Francophone West Africa

    List of Dividends announced in 2024, qualification and payment dates

    Cornerstone Insurance Plc to pay 27 kobo final dividend for 2024 FY

    Legend Internet Plc reports N32.9 million profit for Q1 2025

    Legend Internet Plc reports N32.9 million profit for Q1 2025

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX suspends trading in the shares of four listed companies

    Banking stocks plunge after CBN suspends banks under regulatory forbearance from paying dividends

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

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

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

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

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

    Bitcoin soars above $21,000 as U.S. dollar sags

    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin crosses US$60K, approaches All-Time High

    Bitcoin (BTC) rises above US$80,000

    Alhaji Dahiru Mangal sold his 1.96bn Oando Shares for N11.81bn

    NGX RegCo suspends Trading of Oando Plc shares

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • 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
    Israel and Iran agree on ceasefire – Trump

    Israel and Iran agree on ceasefire – Trump

    Breaking: Iran launches missiles at US bases in the Middle East

    Breaking: Iran launches missiles at US bases in the Middle East

    US military strikes Iran

    US military strikes Iran

    EFCC seeks transfer of Orji Uzor Kalu’s trial to Lagos

    Yahoo boys launder money for ‘politically exposed persons’ – EFCC boss

    Gombe receives N60 billion from FG to establish Agro-Livestock Industrial Zone

    Gombe receives N60 billion from FG to establish Agro-Livestock Industrial Zone

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

    The increased prices of driver’s licenses, number plates set to take effect

    Trump congratulates Nigeria for Banning Twitter, says more countries should do same

    Trump bans citizens of 12 countries from entering the U.S, full list

    France launches mandatory online visa appointments for travelers

    France launches mandatory online visa appointments for travelers

    Federal Government declares June 6 and 9 public holidays

    Federal Government declares June 6 and 9 public holidays

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

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

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Sovereign Trust Insurance Plc grows Profit after tax by 43%  in Q1 2021

    Sovereign Trust Insurance Plc appoints Abimbola Oguntunde as New Board Chairman

    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank to exit CBN forbearance restriction end of June, confident in dividend payments

    FY 2020: FCMB Group Plc gross earnings, profit, assets see double-digit growth rates

    FCMB Group Plc addresses CBN’s forbearance loans directive, details capital management plans

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

    Renaissance Capital names banks affected by CBN’s dividend payout suspension

    Dangote Refinery further reduces Diesel and Aviation fuel prices

    Dangote Petroleum Refinery to begin distribution of PMS and Diesel nationwide

    United Capital Plc receives FMDQ approval to increase size of Commercial Paper programme

    United Capital Group expands into Francophone West Africa

    List of Dividends announced in 2024, qualification and payment dates

    Cornerstone Insurance Plc to pay 27 kobo final dividend for 2024 FY

    Legend Internet Plc reports N32.9 million profit for Q1 2025

    Legend Internet Plc reports N32.9 million profit for Q1 2025

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX suspends trading in the shares of four listed companies

    Banking stocks plunge after CBN suspends banks under regulatory forbearance from paying dividends

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

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

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

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

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

    Bitcoin soars above $21,000 as U.S. dollar sags

    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin crosses US$60K, approaches All-Time High

    Bitcoin (BTC) rises above US$80,000

    Alhaji Dahiru Mangal sold his 1.96bn Oando Shares for N11.81bn

    NGX RegCo suspends Trading of Oando Plc shares

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • 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 – WHO Resumes Hydroxychloroquine Clinical Trial; 328 new cases recorded in Nigeria

Saturday, 6 June 2020, 2:47 am
in News, World
0
Coronavirus Update – WHO Suspends Hydroxychloroquine Trial over Safety Concerns; 229 new cases Recorded in Nigeria
Share Share Share Share Send as Email

On Friday the number of confirmed case of Covid-19 in Nigeria rose by 328 as reported by the Nigeria Centre for Disease Control (NCDC) with 10 new deaths recorded. This brings the total number of confirmed cases in the country to 11,844 with 3,696 recoveries and 333 deaths.

The details of the new confirmed cases are; Lagos-121, FCT-70, Bauchi-25, Rivers-18, Oyo-16, Kaduna-15, Gombe-14, Edo-13, Ogun-13, Jigawa-8, Enugu-6, Kano-5, Osun-2, and Ondo-2. 

47.81% of the total cases are confirmed in Lagos state, 8.3% in Kano state and 7.23% in FCT.

Till date total of 73,064 samples have been tested for Covid-19 in Nigeria since the beginning of the outbreak according to NCDC.

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

WHO Resumes Hydroxychloroquine Trial

The Director General of The World Health Organization (WHO) Tedros Adhanom Ghebreyesus, has said that the clinical trial of Hydroxychloroquine will be resumed. “The Executive Group will communicate with the principal investigators in the trial about resuming the hydroxychloroquine arm of the trial” he said during a media briefing on 3 June.

Recall that Investogist reported that, the World Health Organization on 25 May suspended the clinical trial of Hydroxychloroquine over safety concerns, following a study published on The Lancet that linked the drug to high rate of dangerous side effects and high mortality rate on Covid-19 patients .

However, Investogist also reported that a group of some 120 researchers signed a letter  pointing out inconsistencies, on the Lancet publication, calling on the authors and The Lancet to reveal more details about their analysis.

On June 4 The Lancet announced that 3 authors of the article about Hydroxychloroquine have retracted the article, citing the inability to validate the veracity of the research data.

The Lancet in a tweet on 4 June wrote “Today, three of the authors have retracted “Hydroxychloroquine or chloroquine with or without a macrolide for treatment of COVID-19: a multinational registry analysis”.

This retraction have been trailed with criticism on both the Lancet and WHO. Many have questioned, how could WHO base its judgment to suspend Hydroxychloroquine trial on one research which turned out be unreliable.

 “The Data Safety and Monitoring Committee will continue to closely monitor the safety of all therapeutics being tested in the Solidarity Trial. So far, more than 3500 patients have been recruited in 35 countries” Tedros said.

"The Executive Group received this recommendation and endorsed continuation of all arms of the Solidarity Trial, including hydroxychloroquine"-@DrTedros #COVID19https://t.co/oarCCl4y4q

— World Health Organization (WHO) (@WHO) June 3, 2020

In Lagos State, The Commissioner for Health, Akin Abayomi on Friday said that the state is going ahead with the clinical trial of Hydroxychloroquine for the treatment of Covid-19 patients in the state.

Investogist on Monday 25 May, reported that Lagos state is enlisting 600 patients for the clinical trial of Hydroxychloroquine. Abayomi also said that due to the increase in the number of cases in the state, that home based treatment will be introduced. Thus, allowing only severe cases to be treated at the isolation centres.

“In the coming weeks strategies will be developed to initiate community and home-based treatment and care. This will also involve the local government and people to perfect this form of care” he said.

In Kaduna State, Chairman of the Traditional Leaders Committee on Health, Dr Abdulkadir Bello-Salanke, at a meeting organised by the council on Thursday, said COVID-19 was rising in the state. He added that the number of COVID-19 patients at the Ahmadu Bello University Teaching Hospital in Zaria is growing. “The virus is real and claiming lives.” He said.

Covid-19 in Kaduna state has spread to nine local government areas according to the Deputy Director of Kaduna State Primary Healthcare Development Agency, Hamza Ikara.

Read further; The New Normal: Post Pandemic Implications on the Nigerian Economy

He identified the affected local government areas as Igabi, Chikun, Kaduna North, Kaduna South, Zaria, Sabon Gari, Soba, Giwa and Makarfi. Kaduna state is the 6th state with the largest confirmed Covid-19 cases in Nigeria. The state has recorded 335 cases with 128 recoveries and 10 deaths.

In Ebonyi state, government offices have been shut as officials test positive for Covid-19. In a statement signed by the Commissioner for Information and State Orientation, Uchenna Orji, hinted that some members of the State Executive Council had contracted the virus. He said they were in stable condition and are currently receiving treatment.

The commissioner said in order to ensure contact tracing, the state government directed that all government offices be shut for one week effective Thursday.

“All civil servants shall work from their respective homes within this period but shall leave their phones open to respond to official imperatives” he said adding that all government complexes will be decontaminated.

Ebonyi has confirmed 80 cases of Covid-19 with 8 recoveries. The state has not recorded any death from the virus.

In Egypt, The International Monetary Fund (IMF) has reached an agreement with Egypt on $5.2 billion Stand-By-Agreement, which aims to maintain macroeconomic stability in the country amid Covid-19 pandemic, provide resources for stronger social safety net and support reforms to spur growth and job creation.

Read also; Nigeria’s Real GDP grew by 1.87% in Q1 2020

Egypt has the highest number of confirmed Covid-19 cases in North Africa, and the second largest in Africa behind South Africa. However, it has the largest number of deaths related to virus in the continent. The country has recorded 31,115 cases with 8,158 recoveries and 1,116 deaths.

In Liberia, The IMF also approved $50 million to help Liberia meet critical food security needs and address the socio-economic impact of Covid-19. Liberia has recorded 334 cases with 176 recoveries and 30 deaths.

The total confirmed cases in Africa stands at 163,599, out of which 70,894 persons have recovered with 4,611 deaths recorded according to Africa Centre for Disease Control and Prevention. These figures put the recovery rate in Africa at 43.33% and death rate at 2.81%.

The global cases stands at 6,724,516 with 2,996,832 recoveries and 394,018 deaths according to John Hopkins Coronavirus Resource Centre. These figures put the global recovery rate at 44.57% and the death rate at 5.86%.

Written by;

Ifunanya Ikueze

Related Posts:

  • Tedrios
    Coronavirus Update - WHO Suspends Hydroxychloroquine…
  • P Trump
    Coronavirus Update - Trump says He is Taking…
  • coronavirus2_660_130320082506
    Coronavirus Update - U.S FDA Revokes…
  • coronavirus2_660_130320082506
    Coronavirus Update: U.S Sends 2 Mn doses of…
Previous Post

NNPC Plans to Reduce Cost of Oil Production to $10 or Below per barrel

Next Post

How Much is the Business Worth: The Shareholders’ Equity

Next Post
How Much is the Business Worth: The Shareholders’ Equity

How Much is the Business Worth: The Shareholders' Equity

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

List of Dividends announced in 2024, qualification and payment dates

List of Dividends announced in 2024, qualification and payment dates

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2023, qualification and payment dates

Honeywell Flour Mills Plc reports N14.6 billion profit for FY ended March 2025

Honeywell Flour Mills Plc reports N14.6 billion profit for FY ended March 2025

Israel and Iran agree on ceasefire – Trump

Israel and Iran agree on ceasefire – Trump

Breaking: Iran launches missiles at US bases in the Middle East

Breaking: Iran launches missiles at US bases in the Middle East

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

US military strikes Iran

US military strikes Iran

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

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

Copyright © 2025 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
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • 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