March 20, 2020

Stock Markets Rise On Huge Economic Support Plans

Stock Markets Rise On Huge Economic Support Plans

March 20, 2020 11:46 am

In the eurozone, markets jumped after the European Central Bank launched a vast stimulus this week, with Frankfurt, Paris, Milan and Madrid scoring gains of between 2 and 4 percent.

London’s stock market won about 2 percent one day after the Bank of England slashed interest rates to a record-low 0.1 percent and ahead of new UK state stimulus plans later Friday.

The dollar eased somewhat after a lengthy rally fuelled by traders cashing out of their investments, while the embattled oil market extended Thursday’s gains.

US stocks rose at the opening bell, with the Dow adding 0.5 percent in …

Vatican Forgives Sins Of Those Stricken By virus

Vatican Forgives Sins Of Those Stricken By virus

March 20, 2020 11:45 am

The Catholic Church on Friday granted forgiveness — under certain conditions — for the sins of the faithful struck by the novel coronavirus.

A decree published by the Vatican also covers healthcare workers and those who pray for their wellbeing. Relatives who care for their sick family members may also be forgiven.

Read Also: Companies Hit Pause Button As Coronavirus Infects Economy

The conditions include the sick saying a certain number of prayers or following important celebrations from a distance.

Those who pray for the caregivers’ wellbeing must also read the Bible “for at least half an hour”.

The decree …

Difficulties Of Virus Testing In South Africa

Difficulties Of Virus Testing In South Africa

March 20, 2020 11:45 am

Peter Serati rolled down the car window and opened his mouth as a lab worker reached in to take a swab at a drive-in coronavirus testing centre in Johannesburg, South Africa’s largest city.

Working swiftly behind a face mask and protective goggles, the tester took swabs from Serati’s wife and daughter on the back seat before neatly sealing the sample tubes into ziplock bags.

There are around 50 coronavirus testing sites in South Africa, the second-most affected country on the continent after Egypt, with 202 cases recorded to date.

South Africa’s public healthcare facilities are poorly equiped to handle …

Nigeria Orders All Schools Shut Nationwide

Nigeria Orders All Schools Shut Nationwide

March 20, 2020 8:19 am

All schools in Nigeria–tertiary, secondary and primary have been ordered shut by the Nigerian government at state and Federal levels, to prevent the spread of coronavirus, with 12 cases now confirmed.

The sweeping order came after some state governments had given a similar order.

In Lagos and Kano, Nigeria’s most populous states, schools will be shut from 23 March.
Governors in the north west region, including Kano, Kaduna, Katsina, Jigawa, Kebbi, Sokoto and Zamfara also resolved to shut schools from Monday.

In Abuja, the Federal Capital, schools were ordered shut immediately. In Ondo, schools will be closed from Friday, …

Breaking - Ben Bruce Loses Wife To Cancer

Breaking: Ben Bruce Loses Wife To Cancer

March 20, 2020 5:29 am
Ben Murray-Bruce, has lost his wife of 41 years,  Evelyn, to cancer.
Bruce personally made the disclosure via his twitter handle @benmurraybruce.
The founder of Silverbird Group said he and the children were devastated by the sad event.
He tweeted: “I’m broken. Just lost my beautiful wife to cancer. She was my best friend for 43 years and my wife for 41 years. Cancer is real, but it shouldn’t be a death sentence – awareness, and early detection and treatment are key to survival. I miss her so so
…
Coronavirus - Nigerian Govt Shuts Down Three Airports

Coronavirus: Nigerian Govt Shuts Down Three Airports

March 20, 2020 5:28 am
The Federal Government of Nigeria has shut down, Aminu Kano International Airport, Kano, Akanu Ibiam International Airport, Enugu and the Port Harcourt International Airport, Omagwa.

A statement signed by the Director-General of the Nigerian Civil Aviation Authority, Capt. Musa Nuhu, said, the shutdown was part of its strategic measures to curb the spread of coronavirus across the country.

The Nation reports that Nuhu said the three airports would be closed till further notice effective Saturday, March 21.

Read Also: How Coronavirus Has Affected Asia’s Sprawling Slums

He, however, added that the Nnamdi Azikwe International Airport, Abuja and the Murtala Muhammed

…
Manchester U Credits Ighalo’s Account With N29.45M

Manchester Utd Credits Ighalo’s Account With ₦29.45M

March 20, 2020 5:28 am

Former Nigerian international, Odion Ighalo has received £62,000 (₦29.45 million in Nigerian currency) bonus since he joined Manchester United in the winter transfer market, according to The Sun.

As part of the agreement between club and player, the striker will pocket £8,000 for every goal he scores for Manchester United and he has now earned £32,000 (N15.2 million) after finding the net against Derby County (2), Club Brugge and LASK.

Another variable that will increase the wages of the Shanghai Shenhua

loanee is that he is paid £9,000 for every win in the Premier League and takes home …

Cruise Ships Could Become Floating Hospitals - Trump

Cruise Ships Could Be Used As Floating Hospitals – Trump

March 20, 2020 5:28 am

Cruise ships could be converted into floating hospitals to treat cases of the novel coronavirus, US President Donald Trump said Thursday.

Micky Arison, the chairman of Carnival Corporation, which operates Carnival Cruise Line, “made the offer, it was a generous offer,” Trump said during a press conference.

“He said that he has some ships that would be ideally suited for what we are doing,” the president said, since the ships are “big and have a lot of rooms.”

“If we should need ships, a lot of rooms, they’ll be docked at New York and Los Angeles and San Francisco …

FG Attacks Senate For Asking Buhari To Address Nigerians

FG Attacks Senate For Asking Buhari To Address Nigerians

March 20, 2020 5:27 am

The presidency has reacted to Senate’s call that President Muhammadu Buhari should address Nigerians over the scourge of Coronavirus.

The lawmakers had charged the president to give an update on what his government was doing to address the issue of Coronavirus.

Garba Shehu, Senior Special Assistant to President Muhammadu Buhari on Media & Publicity, on Thursday, described the calls as ‘populist advocacies’ and unnecessary.

Read Also: Strike Action: ASUU, FG Reach Concrete Proposals

He maintained that the calls were cheap and sensational, adding that this is not a time for cheap politics.

“In this regard, populist advocacies such as the

…
Coronavirus - Death Is Close By – Seun Kuti Warns Africans

Coronavirus: Death Is Close By – Seun Kuti Warns Africans

March 20, 2020 5:27 am

Seun Kuti, the son of Afrobeat legend, Fela Kuti has issued a warning to Nigerians and Africa in general over the outbreak of the Coronavirus.

Africa Daily News on Thursday reported that four more cases were confirmed in Lagos, bringing the total number of patients in Nigeria to 12.

This has pressured the government to shut down schools, churches, mosques and some airports in Nigeria.

Speaking on the development, Seun Kuti warned Africans to take good care of themselves as they could die from this crisis.

He also took a swipe at European countries for its level of inefficiency to

…
Delhi Bus Rape - India Hangs 4 Notorious Gang-Rapists

Delhi Bus Rape: India Hangs 4 Notorious Gang-Rapists

March 20, 2020 5:27 am

Seven years after the gang-raping to death of a physiotherapy student in India, the rapists were hanged to death at 5.30 Friday morning in Tihar jail in New Delhi.

The Indian Express newspaper said the men Mukesh (31), Pawan Gupta (24), Vinay Sharma (25) and Akshay Kumar Singh (33), were hanged hours after their petitions were rejected by the Supreme Court, Delhi High Court and lower court.

At around 4.30 am, a a three-judge bench of the Supreme Court dismissed the petition of death row convict Pawan Gupta filed against rejection of his second mercy plea by the President.

Read

…
UK Automaker Bentley Shuts Down Operations

UK Automaker Bentley Shuts Down Operations

March 20, 2020 5:26 am

Bentley will stop car production at its British factory from the end of Friday for four weeks over the coronavirus outbreak, one of the final automakers in Britain to announce such plans.

Parent company Volkswagen said on Tuesday it would be ceasing output at plants across Europe as the pandemic hits sales and disrupts supply chains, but Bentley’s northern English site in Crewe has continued operations so far.

The luxury brand, which makes around 11,000 vehicles each year and employs roughly 4,500 people, said the move was to protect the health of its workforce and due to accelerating constraints on …

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