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Business Day Online

Mar 30, 2020

For first time US oil falls below $20 a barrel as demand dries up

US oil has fallen below $20 a barrel for the first time signalling a worsening of prospects for crude in a world ravaged by the deadly Coronavirus outbreak.
The US benchmark crude known as West Texas Intermediate or WTI touched $19.92 a barrel, losing 8 percent while Brent traded...

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UK’s Coronavirus fake news unit ‘dealing with 10 stories a day’

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NCDC explains who needs to be tested in new guidelines

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Southern Sun Ikoyi Hotel suspends operations over Coronavirus

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Coronavirus: DMO suspends 2020 savings bond offer for April

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Business Day Online

Mar 30, 2020

Nigeria’s Coronavirus cases jump to 131, after additional 20 confirmations

Twenty new cases of Covid-19 (Coronavirus) have been reported in Nigeria late Monday as the total now stands at 131.
The Nigeria Centre for Disease Control (NCDC) confirmed this on its Twitter handle Monday evening.
Of the new cases, 13 is in Lagos, 4 in FCT, 2 in Kaduna and 1 in...

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‘Massive Congestion Looms at Lagos Ports’

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MTNN share price back to listing price as market sell off worsens

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Operations will continue at our seaports despite lock-down, says NPA

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FG postpones lockdown on Ogun to Friday

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Business Day Online

Mar 30, 2020

You are wrong: AGF replies Olu-Adegboru

The Attorney-General of the Federation and Minister of Justice (AGF), Ababukar Malami, Monday, told Ebun Olu Adegboru (SAN) that his criticism of President Muhammadu Buhari’s proclamation on restriction of movement on account of COVID 19, was done in bad faith.
Malami, who discl...

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Lockdown: Kwara Police appeal for total compliance

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Business Day Online

Mar 30, 2020

Ministry of finance, CBN obtain exemption for skeletal operations

The Ministry of Finance and the Central Bank of Nigeria (CBN) have obtained an exemption from President Muhammadu Buhari to allow very skeletal operations in the Financial System and money markets in order to keep the system in light operations during the lockdown period.
Buhari...

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Panic withdrawal creates long queues around banks

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Africa weeks away from Coronavirus storm: Five things to start your day

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COVID-19: Lagos to commence clinical trial of Chloroquine as NAFDAC orders emergency production

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COVID-19: Banks, private sector operators provide funding, capacity building

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Business Day Online

Mar 30, 2020

Lagos, Abuja, Ogun on 14-day lockdown

President Muhammadu Buhari on Sunday ordered the cessation of all movements in Lagos and the FCT for an initial period of 14 days with effect from 11pm on Monday, March 30, 2020. This is in an effort to contain the spread of the deadly coronavirus. The president, who stated this...

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Nigeria’s private sector fight to curb coronavirus shows what economy is missing

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Nigeria’s political elite stuck with country’s neglected healthcare system

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Private sector takes lead role in Covid-19 roll back

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Don’t forget the ‘public’ in public health

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Business Day Online

Mar 30, 2020

Nigerian businesses can leverage these 5 measures to withstand heat of coronavirus

The outbreak and rapid spread of the deadly coronavirus pandemic have disrupted industries across the globe and forced businesses to rethink their strategy. For most companies operating in Nigeria, it is no longer business as usual as the impact of the virus is taking a toll on t...

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Covid-19: A world-shaking pandemic that poses a threat to globalisation

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Gloomy days for Nigerian manufacturers as Covid-19 spreads

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Giving and misgivings: Poverty across the globe and effect on welfare

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Banks won’t book much FX gains from currency devaluation

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Business Day Online

Mar 29, 2020

Panic in Owerri, Mbaise, over COVID-19

There is palpable panic in Owerri the Imo state capital as DSS and other security agencies have locked down a hotel and its 41 guests and workers over suspected case of COVID-19 .
The hotel known as Fancy Hotel is located at Umuguma in Owerri West local government area and its s...

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