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    The Federal Government is releasing additional N6.5billion as an emergency intervention fund to the National Centre for Disease Control, NCDC. This is contained in a statement by Mr Bashir Ahmad, the personal assistant on new media to President Muhammadu Buhari. According to Mr Ahmad the move which was confirmed by Nigeria’s Finance Minister, Zainab Ahmed, ...
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      Aliko Dangote, President, Dangote Industries Ltd., and Herbert Wigwe, Managing Director, Access Bank Group, are spearheading a coalition of private sector organisations to support governments’ ongoing efforts at tackling the coronavirus, COVID-19, menace. The industry giant made this known in a statement to the News Agency of Nigeria on Wednesday in Lagos. The gesture, ...
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    MTN Nigeria on Sunday said its team would start working from home as part of the precautionary measures to stop the spread of COVID-19 Mr Funso Aina, the telcos Senior Manager, External Relations, said in a statement that from March 23, workers are expected to perform their duties from home. Aina said that the telcos ...
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    The Nigeria bourse has lost N1.87 trillion to global oil price crash and increasing spread of COVID-19 in four days. Specifically, the market capitalisation, which opened trading for the week at N13.694 trillion, shed N1.87 trillion or 13.63 per cent, having closed trading on Thursday at N11.827 trillion. Also, the All-Share Index, which opened the ...
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    South Africa’s MTN Group expects full-year headline earnings to rise as much as 50%, it said on Tuesday, still a slowdown from the previous year due to one-off items including interest on regulatory fines in Nigeria. Since arrival in Nigeria in 2001 MTN has become the biggest service provider in the country dwarfing rivals in ...