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Lockdown: Ogun residents besiege banks, ignore social distancing directive

Ahead of the suspension of the lockdown relaxation window which holds every 7 am to 2 pm every-other-day in Ogun State, residents of Sango-Ota and Ijoko on Wednesday besieged many commercial banks along the Lagos-Abeokuta expressway in Sango, flouting the social distancing directive put in place to curb the spread of the Covid-19 pandemic.
Following the arrival of the 15-member Chinese medical team, the Nigerian Medical Association (NMA) and the National Association of Resident Doctors of Nigeria (NARD) have declared they will not allow the Chinese attend or touch any patient.

NMA calls for thorough screening of visiting Chinese medical team

The Nigerian Medical Association (NMA), has called for a thorough screening of the visiting Chinese medical team by the Medical and Dental Council of Nigeria (MDCN), and other relevant regulatory bodies.

NMA warns Nigerian health workers to be wary of protective equipments from China

The Nigerian Medical Association, NMA, on Thursday, reaffirmed its position concerning the arrival of Chinese experts in Nigeria, calling on health professionals in Nigeria to be wary of what they described as ‘uncertified Personal Protective Equipment’, PPE, from China.

NMA: We still reject arrival of Chinese medical practitioners

The Nigerian Medical Association, NMA, has said it was still opposed to the arrival of the Chinese medical experts in the country to help combat novel coronavirus.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Market capitalisation rises by N77 billion

The Nigerian equities market maintained upward trend on Wednesday with the market capitalisation growing further by N77 billion following renewed interest in high capitalised stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Market indices close upbeat with 1.24 per cent growth

The Nigerian Stock Exchange (NSE) rebounded on Tuesday with a growth of 1.24 per cent, after a loss of over N200 billion in the preceding trading session.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE investors lose N222 billion in six hours

Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.
Zainab Ahmed, the minister of finance, budget and national planning, says state and local governments share some of the responsibility to fix roads in Nigeria.

Nigeria allocates N102 billion to health sector

Following the outbreak of the coronavirus pandemic, the Federal Government has provided N102.5 billion in resources as stimulus to be made available for direct interventions in the healthcare sector across the country.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian equities market posts 0.10 per cent growth

The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.

MultiChoice donates N250 million, test kits, others to fight coronavirus

The managers of DStv and GOtv, Multichoice Nigeria, has announced a donation of N200 million and N50 million to federal and Lagos State governments respectively to support efforts in ameliorating the impact of the COVID-19 outbreak in Nigeria.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes April trading with 0.94 per cent loss

Activities opened for the month of April on Wednesday still on a bearish trend, with a loss of 0.94 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Stock market nosedives 0.14% as investors lose N16 billion

The effect of coronavirus, COVID-19, on Tuesday continued to ravage the stock market as its nosedived by 0.14 percent or 14 bases points, bps with investors losing N16 billion of their investment.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria equities investors lose N2.6 trillion in March

Amidst the coronavirus pandemic and its attendant effect on the economy, negative sentiments were reflected on the local equities market as investors lose N2.56 trillion in the month of March.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation loses N277 billion

Nigerian equities market on Monday opened trading for the week with a loss of N277 billion, amidst weak sentiments in the wake of weaker oil prices and Coronavirus pandemic.
Lagos State Government has taken delivery of a 110-bed isolation facility on the Lagos Island, where confirmed cases of the novel Coronavirus (COVID-19) in the State can be managed and treated. The facility was conceived and built in collaboration with the management of Guaranty Trust Bank (GTBank). Managing Director of GTBank, Mr. Segun Agbaje, on Saturday, personally handed over the hospital facility to Governor Babajide Sanwo-Olu, five days after the bank started the construction of the isolation centre sited on the main bowl of the Mobolaji Olufunsho Johnson Stadium in Onikan.

Lagos takes delivery of 110-bed isolation centre jointly built with GTBank

Lagos State Government has taken delivery of a 110-bed isolation facility on the Lagos Island, where confirmed cases of the novel Coronavirus (COVID-19) in the State can be managed and treated. The facility was conceived and built in collaboration with the management of Guaranty Trust Bank (GTBank).
Babajide Olusola Sanwo-Olu

Lagos government, GTBank flag off 110-bed isolation centre in Onikan

Lagos State Governor, Mr Babajide Sanwo-Olu, on Saturday, formally launched the newly constructed Lagos Island, Isolation Centre, with capacity for 110-bed space, located in Onikan Stadium, now Mobolaji Johnson Arena, Lagos.
FATE Foundation has pledged a sum of N250 million to support Lagos and Ogun states in the fight against coronavirus (COVID-19) pandemic.

Foundation donates N250 million to Lagos, Ogun

FATE Foundation has pledged a sum of N250 million to support Lagos and Ogun states in the fight against coronavirus (COVID-19) pandemic.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE returns to negative posture, indices down by 0.05 per cent

Trading on the Nigerian equity market returned to negative territory on Wednesday with 0.05 per cent dip or losses in MTN Nigeria and six other stocks.G

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FCT health secretary discharged from isolation centre

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House of Reps quizzes NDDC over N70.495 billion awarded contracts

The House of Representatives at the weekend flagged off its investigation into the N70.495 billion allegedly paid by Niger Delta Development Commission (NDDC) to 1,773 contractors as mobilization fees without resorting to site, between 2008 and 2012.

Presidency: Why 2020 budget was increased despite drop in revenue

The Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Umar El-Yakub, has said the decision of the Presidency to increase the 2020 Budget despite drop in revenue was meant to mitigate the impact of the COVID-19 pandemic on the nation’s economy.