Naira under pressure, banks withholding Dollar supply
The decision of the Foreign Portfolio Investors, FPIs, to exit the country in the wake of the Coronavirus (COVID-19) pandemic as well as the huge decline in the price of crude oil in the international market have put severe pressure on both external reserves and the exchange rate. As at last weekend, oil price lost…
Two COVID-19 patients escape from Borno isolation
Two patients, Abbas Hassan, a 24-year-old male and Hauwa Mohammed, 42-year-old female, are on the run after testing positive for COVID-19 at the University of Maiduguri Teaching Hospital in Borno State. The man is said to be residing at Layin Tanki in Gwange II while the woman lives in Shuwari ward, both in Maiduguri. The…
COVID-19: Sanwo-Olu directs compulsory use of face mask from Monday
Lagos State Governor, Mr. Babajide Sanwo-Olu on Saturday, announced compulsory use of face mask by residents from Monday, April 27, as part of measures to stem the spread of COVID-19 pandemic which has continued to be on the rise in the state. Sanwo-Olu, who also disclosed other important measures taken by state, however, announced the…