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Godwin Emefiele: Central bank ready to support home grown vaccine

Bloomberg Governor, Central Bank of Nigeria (CBN,), Mr. Godwin Emefiele, has announced that the apex bank is ready to support researchers, science-based institutions and biotechnology firms with N100 billion grant in the quest for a homegrown vaccine to fight COVID-19 in Nigeria. Emefiele, who spoke at the commissioning of ThisDay Dome Testing, Treating, Tracing and Isolation Centre in Abuja, said the pandemic has had an unprecedented effect on the global economy, impacting all nations big and small. According to him, so far, the Coalition Against COVID-19, (CACOVID) has raised over N27billion to fund this initiative. He said the donation received so far are being used to build well-equipped isolation centres across the 36 states of the federation. ”’The ThisDay Dome Testing, Treating, Tra...

Nigeria extends ban on all flights by another two weeks

The Presidential Task Force on the control of the pandemic has announced a two-week extension of the ban of all flights in Nigeria which is due to expire on Thursday. Chairman of the task force and Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, said at its briefing in Abuja on Wednesday. He said: “Tomorrow (Thursday) marks the last day for the enforcement of the closure of Nigeria’s airspace to flights. We have assessed the situation in the aviation industry and have come to the conclusion that given the facts available to us and based on the advice of experts, the ban on all flights will be extended for an additional four weeks.” The Task Force has also alerted that the outcomes of the modeling it has adopted suggest that dangers lie ahead for the country. He said...