Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the coronavirus bit harder on the Stock Exchange. The World Health Organisation (WHO) on Wednesday declared coronavirus a pandemic. A pandemic is a disease that is spreading in multiple countries aroundContinue Reading
The federal government wednesday allayed fears of an economic crisis in view of the effects of the crash in global oil prices and the Coronavirus epidemic on the nation’s economy. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, called on Nigerians not to panic as the drastic fallContinue Reading
Africa’s richest man and President of Dangote Industries Limited, Alhaji Aliko Dangote, will begin oil production in July from two assets he acquired from Royal Dutch Shell Plc. The Group Executive Director, Dangote Industries Limited, Mr. Devakumar Edwin that Dangote is working with Chinese and Malaysian contractors to begin productionContinue Reading
A UK health minister who mingled with hundreds of people last week is the first MP to have contracted coronavirus. Nadine Dorries, who attended a reception at Downing Street with Boris Johnson on Thursday to mark International Women’s Day, fell ill on Friday and her diagnosis was confirmed tonight. Dorries,Continue Reading
The whole of Italy is being put on lockdown as the country tries to contain the coronavirus outbreak. All public gatherings will be banned, sports events are suspended, and movement is being restricted across the country. Italy is the worst-hit nation in Europe with 463 virus-related deaths, an increase ofContinue Reading
Former Imo State Governor, Emeka Ihedioha of the Peoples Democratic Party (PDP), has broken silence on the Supreme Court reaffirmation of Hope Uzodinma as the duly elected governor. The apex court, last Tuesday, dismissed Ihedioha’s application which urged it to review its judgment in favour Uzodinma. Justice Olukayode Ariwoola, who read theContinue Reading
Flybe has collapsed. All future flights on the Exeter-based airline have been cancelled – leaving more than 2,300 staff facing an uncertain future, and wrecking the travel plans of hundreds of thousands of passengers. The official announcement was made just after 3am. But it had been clear from late on Wednesday that theContinue Reading
The Minister of Transportation, Rotimi Amaechi has said he is unaware of the alleged sack of the Director-General (DG) of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside. There was an unconfirmed report that President Muhammadu Buhari approved the appointment of Bashir Jamoh as the new DG ofContinue Reading
The Director General of the National Centre for Disease Control (NCDC), Dr. Chikwe Ihekweazu, has been quarantined for 14 days as part of measures to stop the Coronavirus disease (COVID-19) from spreading into the country, it was learnt on Tuesday. The Minister of Health, Dr. Osagie Ehanire disclosed this inContinue Reading
No fewer than 100 people had contacts with the Italian who is Nigeria’s Coronavirus (COVID-19) index case, the Lagos State government said on Sunday. Commissioner for Health, Dr. Akin Abayomi, told Reuters: “It is around 100 people (that have been identified). He added that the number is increasing every minute.”Continue Reading
