The world’s biggest maker of condoms, Karex Bhd, has warned of a global shortage as supply falls by almost 50 per cent while its stockpile is set to last for just another two months. Group Chief Executive Officer at Karex, Goh Miah Kiat, revealed this to Bloomberg in an interview. He also warned that Condoms […]
Month: March 2020
Nigeria imposes offshore oil worker restrictions in coronavirus battle
Nigeria’s petroleum regulator has ordered oil and gas companies to reduce their offshore workforce and move to 28-day staff rotations as part of measures to curb the spread of the coronavirus, according to a circular seen by Reuters. Health experts fear a widespread outbreak in Africa’s most populous country, which has about 200 million inhabitants, […]
Coronavirus: President Buhari locks down Lagos, Ogun, Abuja for two weeks
President Muhammadu Buhari has ordered residents of Lagos, Ogun, and Abuja to stay at home for 14 days from Monday. The president gave this directive on Sunday in his first address to Nigerians on the coronavirus crisis. “Based on the advice of the Federal Ministry of Health and the NCDC, I am directing the cessation […]
Nigeria confirms 14 new cases of coronavirus as total hits 111
Nigeria has recorded 14 new cases of coronavirus, bringing the total number of infections to 111 in the country. The Nigeria Centre for Disease Control said, “14 new cases of #COVID19 have been reported in Nigeria; nine in Lagos and five in FCT “As of 09:30 pm, 29th of March, there are 111 confirmed cases […]
Doctors Warn Of Risks Of Using Malaria Drugs To Treat Covid-19
The prospect that a pair of malaria drugs will become go-to medications for treating COVID-19 before they’ve been rigorously tested is prompting new safety warnings from heart specialists and other doctors and experts. President Donald Trump has touted the drugs chloroquine and hydroxychloroquine as a potential “game changer” for patients sickened by the novel coronavirus, […]
Ighalo wins first Manchester United award
Nigeria’s Odion Ighalo has emerged winner of Manchester United’s March’s Goal-of-the-Month award. The striker’s sparkling effort against LASK in the Europa League earned him the accolade. Ighalo scored twice in the match, but it was the first goal that landed him the award ahead of his teammates. Manchester United on its official website revealed Ighalo […]
COVID-19: Ogun closes border with Lagos, Oyo, others
Ogun State Government has announced the closure of all borders with neighbouring states and the international border with the Republic of Benin. States in the South-West including Lagos and Oyo with high COVID-19 cases would be affected by the border closure. The government, which said this on Saturday, explained that the closure would be effected […]
COVID-19: FG Planning to give stipends to Nigerians, says Finance Minister
Zainab Ahmed, the minister of finance, budget and national planning, says the federal government is considering giving out stipends to people whose jobs have been affected by the coronavirus outbreak. Ahmed was speaking on Politics Today, a programme on Channels TV. “We have a number of fiscal incentives that we have thought through and designed […]
COVID-19: NCDC denies claim of officials rejecting people for testing
The Nigeria Centre for Disease Control, NCDC, has denied reports in the social media that its officials were turning back people seeking to undergo a test for coronavirus test. This was as the federal government warned people against spreading false rumours in the social media on the disease. The reported had alleged that the centre […]
Goldman Sachs Predicts Massive Oil Demand Shock
Global oil demand could plummet by 18.7 million bpd in April, deepening an expected demand plunge of 10.5 million bpd for March, Goldman Sachs said, while the coronavirus pandemic continues to claim thousands of lives and forces a growing number of major economies into lockdown. “A demand shock of this magnitude will overwhelm any supply […]