Healthcare: CBN Explains N100b Credit Support Guidelines

Healthcare: CBN Explains N100b Credit Support Guidelines

The Central Bank of Nigeria (CBN) has released guidelines for operations of N100 billion credit support for the healthcare sector following the outbreak of COVID-19 in the country. In a circular signed by Mr Kevin Amugo, Director Financial Policy Regulation...
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Coronavirus: FirstBank Deploys Measures To Protect Employees, Customers, Stakeholders

Coronavirus: FirstBank Deploys Measures To Protect Employees, Customers, Stakeholders

Foremost financial institution, First Bank of Nigeria Limited has announced proactive measures it has taken to control the spread of the COVID – 19 (Coronavirus) pandemic.  The Bank’s Group Head, Marketing & Corporate Communications, Folake An...
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COVID-19 Threatens 25m Jobs Worldwide

COVID-19 Threatens 25m Jobs Worldwide

The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by the International Labour Organization (ILO). However,ILO advocates an internationally coordinated pol...
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Coronavirus: Lagos Urges Residents To Remain Vigilant

Coronavirus: Lagos Urges Residents To Remain Vigilant

Lagos State Government on Tuesday urged residents to always be vigilant of the ravaging Coronavirus, in spite of World Health Organisation (WHO)’s accolades on the feat achieved in Nigeria.The Commissioner for Information and Strategy, Mr Gbenga Omotoso, lau...
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Nigeria High Commission In Canada Suspends Passport Issuance

Nigeria High Commission In Canada Suspends Passport Issuance

The Nigeria High Commission in Ottawa, Canada, on Tuesday said that it had suspended passport processing for Nigerians in different Canadian communities, to prevent the spread of the Coronavirus (COVID-19).The commission said in a statement made available to t...
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Catholic Church Cancels All Public Masses

Catholic Church Cancels All Public Masses

Chicago Catholic Archdiocese, United States of America will stop holding masses starting this weekend and is closing its schools as a precaution to contain the spread of the coronavirus. Cardinal Blase Cupich announced on Friday that mass will be suspended...
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Coronavirus Crashes Global Stock Markets

Coronavirus Crashes Global Stock Markets

Shares around the world have plunged as investors fear the spread of the coronavirus will destroy economic growth with government action insufficient to arrest the decline. The main UK index dropped more than 10% in its worst day since 1987....
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Minister To Nigeria: Don’t Shake hands, Don’t Hug

Minister To Nigeria: Don’t Shake hands, Don’t Hug

The Minister of Interior, Mr Rauf Aregbesola has cautioned Nigerians to reduce the culture of handshakes and hugs to avoid contracting coronavirus (COVID-19). Aregbesola said this at the ground-breaking ceremony of a 3000-capacity custodial centre in Karshi, A...
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Kuwait Halts All Commercial Flights Over Coronavirus

Kuwait Halts All Commercial Flights Over Coronavirus

Kuwait will halt commercial flights starting from Friday until further notice over fears of the spread of the new coronavirus.A government spokesman disclosed this after a cabinet meeting on Wednesday.“This decision does not include cargo aircraft and planes...
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Health Minister Tests Positive For Coronavirus

Health Minister Tests Positive For Coronavirus

United Kingdom Health minister and Conservative MP Nadine Dorries been diagnosed with coronavirus. Ms Dorries, the first MP to test positive, said she had taken all the advised precautions after finding out and had been self-isolating at home. It comes...
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Investors lose N329b

Investors lose N329b

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a huge loss of N329 billion due to persistent fall in global oil price and rising cases of COVID-19.The News Agency of Nigeria (NAN) reports that the...
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Banks Brace For Coronavirus

Banks Brace For Coronavirus

Many of the City of London’s biggest institutions are taking steps to combat the spread of the coronavirus. On Monday many of JPMorgan’s UK-based staff are being temporarily moved to a different office. They’re not alone. Goldman Sachs last w...
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Italy To Quarantine 16 Million People

Italy To Quarantine 16 Million People

Italy is set to lock down at least 16 million people in the region of Lombardy and in 11 other provinces in the north and east of the country. The mandatory quarantine will last until early April. The dramatic escalation...
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Coronavirus: California Declares Emergency

Coronavirus: California Declares Emergency

California has declared a state of emergency after announcing its first coronavirus death, bringing the US death toll from the disease to 11. The 71-year-old man had underlying health conditions and had been on a cruise ship, said officials. Eleven...
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