The Nigerian Stock Exchange (NSE) ended Thursday’s trading session in negative territory. The All-Share Index closed at 27,252.72 basis points, down 0.25%. Year to date, the index is down by 13.29%.
UAC of Nigeria Plc was the best-performing stock today. The stock gained 10% to close at N5.50. UACN Property Development Company Plc also gained 10% to close at N0.99. Cadbury Nigeria Plc gained 6.45% to close at N9.90. Okomu Oil Palm Plc also gained 6.13% to close at N44.15. Nigerian Aviation Handling Company Plc rounded off the top five gainers for today. The stock gained 6.12% to close at N2.60.
On the flip side, Ikeja Hotel Plc was the worst-performing stock, declining by 9.30% to close at N1.17. Honeywell Flour Mill Plc fell by 7.07% to close at N0.92. PZ Cussons Plc fell by 5.08% to close at N5.60. Fidelity Bank Plc fell by 3.75% to close at N1.54. LASACO Assurance Plc rounded off the top five losers for the day. The stock shed 3.57% to close at N0.27.
[READ ALSO: Seplat reports 66.6% increase in PAT in Q1 2019]
Top Trades by Volume
Guaranty Trust Bank Plc was the most actively-traded stock today. 35 million shares valued at N925.8 million were traded in 141 deals. FBN Holdings Plc was next with 12.2 million shares valued at N55 million traded in 297 deals, followed by Guinness Nigeria Plc with 10 million shares valued at N377.7 million traded in 41 deals.
Zenith Bank Plc was next with 8.9 million shares valued at N156.6 million traded in 222 deals. Transnational Corp of Nigeria Plc rounded off the top five most actively traded stocks today with 6.2 million shares valued at N6.2 million traded in 46 deals.
Oando Plc notified the general public that the NNPC/NAOC/OANDO Joint Venture (NNPC 60%, Oando 20% and NAOC the operator 20%), had made a significant gas and condensate find in the deeper sequences of the Obiafu-Obrikom fields, in OML61, onshore Niger Delta.
Tripple Gee & Company Plc notified the general public that its 29th Annual General Meeting would hold at the MUSON Center, 8/9, Marina Road, Onikan, Lagos State on September 16, 2019, by 10 am.
Global digital population hits 4.5 billion
About 4.57 billion people were active users of the internet in April 2020.
With Covid-19 confining within the fall walls of their rooms and home, the internet becomes and is becoming a ready resource or platform for commercial and noncommercial interactions. The implication of this is that more and more people are becoming prone to using the internet. That also has an impact on the global digital population. According to information from Statistica, about 4.57 billion people were active users of the internet in April 2020. This represents 59% of global population.
Among the global internet users, China, India and the United States of America recorded more internet users than the rest of the countries. As Covid-19 makes it more obvious that much can be done through the internet without any physical presence, the current global online penetration rate of 59% will increase in no distant time. Places like Northern Europe are almost there with a 95% internet penetration rate, Other countries with high internet penetration rates include the United Arab Emirate (UAE), Denmark, and South Korea. Ironically, the next-door neighbour to South Korea, North Korea has almost zero internet penetration rate.
Qua Vadis Nigeria: Nigeria as a country and Nigerians as a people have not been doing too badly when it comes to the issue of digital population. According to available data from the National Bureau of Statistics, active internet users/subscribers total 136,203,231 as at the end of Q1 2020. That represents almost 51% of the entire population. Compared to a similar period a year ago, Nigeria recorded an increase in internet penetration rate of 17.1% on year on year basis and 8.03% increase on a quarter to date basis.
State-wide Digital Population: Lagos state has the greatest number of internet users in Nigeria, with slightly over 17 million users, followed by Kano state with 8.3 million users and then Ogun state with 8.03 internet users. The state with the least internet penetration is Bayelsa state where only 985 thousand people were connected to the internet as at Q1 2020.
MTN remains the carrier with the largest number of subscribers as 57.3 million internet subscribers in Nigeria are with MTN, while AIRTEL came second with 36.8 million subscribers but closely followed by GLO with 33.9 million subscribers. All those three benefits from 9Mobile, whose loss of a few of its subscribers added to the subscription growth of the bigger market players.
Voice Subscription: A lot more Nigerians are using their phones for voice services, though. According to the same data from the National Bureau of Statistics, 189, 282,796 Nigerians have voice subscriptions in Q1 2020. This implies that about 54 million Nigerians have phones that are not internet-enabled. With Covid-19 and the need for students in the tertiary and secondary schools being required to do some or most of their assignments on the internet, that number will change very soon.
COVID-19: FG plans safe school reopening, as WHO discloses new guides to contain virus
The best way to reopen schools is once countries succeed in combating the spread of the disease.
The Federal Government has released guidelines for the safe reopening of schools after COVID-19 pandemic closures.
This was disclosed by the Federal Ministry of Education on its official website on Monday, as it published the guidelines and outlined actions, measures, and requirements needed for the safe reopening of schools after the pandemic is contained.
The 52-paged communique, which was signed by the Minister of Education, Mallam Adamu Adamu, and Minister of State (Education), Hon. Chukwuemeka Nwajiuba, was developed in collaboration with the Federal Ministry of Environment, Federal Ministry of Health, and health safety experts in the country.
Adamu said, “Now is the time to plan and address the eventual safe reopening of schools and learning facilities. It will be recalled that at the outbreak of the COVID-19 pandemic in Nigeria, schools and all learning facilities were closed in order to safeguard the health and general wellbeing of our children, youths, teachers, and educational personnel.
“As a responsible government, it is also our duty to provide comprehensive guidelines for a safe and hitch-free reopening of schools and learning facilities. We do so knowing that the health, safety, and security of learners, teachers, education personnel, and families are priorities.”
According to him, the Guidelines for Schools and Learning Facilities Reopening after COVID-19 Pandemic Closures outlines key strategies for implementing safe and efficient and equitable plans for school reopening and operations.
Mr Adamu further noted that the document focuses on attendance, social distancing, hygiene, cleaning, and non-pharmaceutical interventions for safe and healthy school activities and programs.
The minister noted that given that COVID-19 may be with us for a while, the guidelines also highlight the urgent need to maintain and improve upon distance-learning programs, adding that the government’s aim is to identify and strengthen programs that will guarantee the recovery of learning gaps resulting from the pandemic
Meanwhile, the World Health Organisation (WHO) has warned global leaders that Covid-19 will not disappear in the coming months, and it’s unrealistic to expect that a perfect vaccine will become available to everyone immediately.
This was disclosed by Head, Emergencies programme, WHO, Mike Ryan, at a briefing in Geneva, Switzerland, on Monday.
Ryan is optimistic that things won’t return to normal “for the foreseeable future,” as confirmed cases worldwide exceeded 13 million.
He explained that it would be unrealistic to expect that a perfect vaccine will become available to everyone immediately, and it’s not realistic to expect Covid-19 to disappear in the coming months.
— World Health Organization (WHO) (@WHO) July 13, 2020
WHO’s stand on when schools can open
Ryan said, “The best way to reopen schools is to do so once countries succeed in combating the spread of the disease.”
Technical Lead Officer, WHO, Maria Van Kerkhove, said, “Not enough is known about the role of children in transmission, though several recent studies suggest that children over 10 are more susceptible to infection than those under 10.”
She added that WHO has sent two scientists as an advance mission to China to work remotely with local researchers as local rules require them to stay in quarantine.
They are learning how animals transmitted the disease will help in fighting it.
COVID-19 Update in Nigeria
On the 13th of July 2020, 595 new confirmed cases and 4 deaths were recorded in Nigeria.
The spread of novel Corona Virus Disease (COVID-19) in Nigeria continues to record significant increase as the latest statistics provided by the Nigeria Centre for Disease Control reveal Nigeria now has 33,153 confirmed cases.
On the 13th of July 2020, 595 new confirmed cases and 4 deaths were recorded in Nigeria, having carried out a total daily test of 2,046 samples across the country.
To date, 33,153 cases have been confirmed, 13,671 cases have been discharged and 744 deaths have been recorded in 36 states and the Federal Capital Territory. A total of 183,294 tests have been carried out as of July 13th, 2020 compared to 181,248 tests a day earlier.
COVID-19 Case Updates- 13th July 2020,
- Total Number of Cases – 33,153
- Total Number Discharged – 13,671
- Total Deaths – 744
- Total Tests Carried out – 183,294
According to the NCDC, the 595 new cases were reported from 20 states- Lagos (156), Oyo (141), FCT (99), Edo (47), Kaduna (27), Ondo (22), Rivers (20), Osun (17), Imo (13), Plateau (10), Nasarawa (8), Anambra (8), Kano (5), Benue (5), Borno (5), Ogun (4), Taraba (3), Gombe (3), Kebbi (1), Cross River (1).
Meanwhile, the latest numbers bring Lagos state total confirmed cases to 12,583, followed by Abuja (2,675), Oyo (1,867), Edo (1,778), Rivers (1,388), Delta (1,359), Kano (1,314), Ogun (1,091), Kaduna (1,016), Ondo (738), Katsina (669), Ebonyi (616), Borno (591), Plateau (543), Gombe (533), Bauchi (521), Enugu (476), Abia (405), Imo (399), Kwara (330).
Jigawa state has recorded 321 cases, Bayelsa (313), Osun (262), Nasarawa (252), Sokoto (153), Akwa Ibom and Niger (145), Benue (126), Adamawa (110), Anambra (101), Kebbi (87), Zamfara (76), Ekiti (63), Yobe (62), Taraba (30), Cross River (10) while Kogi state has recorded 5 cases only.
Lock Down and Curfew
In a move to combat the spread of the pandemic disease, President Muhammadu Buhari directed the cessation of all movements in Lagos and the FCT for an initial period of 14 days, which took effect from 11 pm on Monday, 30th March 2020.
The movement restriction, which was extended by another two-weeks period, has been partially put on hold with some businesses commencing operations from May 4. On April 27th, 2020, Nigeria’s President, Muhammadu Buhari declared an overnight curfew from 8 pm to 6 am across the country, as part of new measures to contain the spread of the COVID-19. This comes along with the phased and gradual easing of lockdown measures in FCT, Lagos, and Ogun States, which took effect from Saturday, 2nd May 2020, at 9 am.
On Monday, 29th June 2020 the federal government extended the second phase of the eased lockdown by 4 weeks and approved interstate movement outside curfew hours with effect from July 1, 2020.
|Date||Confirmed case||New cases||Total deaths||New deaths||Total recovery||Active cases||Critical cases|
|July 13, 2020||33153||595||744||4||13671||18738||7|
|July 12, 2020||32558||571||740||16||13447||18371||7|
|July 11, 2020||31987||664||724||15||13103||18160||7|
|July 10, 2020||31323||575||709||20||12795||17819||7|
|July 9, 2020||30748||499||689||5||12546||17513||7|
|July 8, 2020||30249||460||684||15||12373||17192||7|
|July 7, 2020||29789||503||669||15||12108||17012||7|
|July 6, 2020||29286||575||654||9||11828||16804||7|
|July 5, 2020||28711||544||645||11||11665||16401||7|
|July 4, 2020||28167||603||634||6||11462||16071||7|
|July 3, 2020||27564||454||628||12||11069||15867||7|
|July 2, 2020||27110||626||616||13||10801||15693||7|
|July 1, 2020||26484||790||603||13||10152||15729||7|
|June 30, 2020||25694||561||590||17||9746||15358||7|
|June 29, 2020||25133||566||573||8||9402||15158||7|
|June 28, 2020||24867||490||565||7||9007||14995||7|
|June 27, 2020||24077||779||558||4||8625||14894||7|
|June 26, 2020||23298||684||554||5||8253||14491||7|
|June 25, 2020||22614||594||549||7||7822||14243||7|
|June 24, 2020||22020||649||542||9||7613||13865||7|
|June 23, 2020||21371||452||533||8||7338||13500||7|
|June 22, 2020||20919||675||525||7||7109||13285||7|
|June 21, 2020||20242||436||518||12||6879||12847||7|
|June 20, 2020||19808||661||506||19||6718||12584||7|
|June 19, 2020||19147||667||487||12||6581||12079||7|
|June 18, 2020||18480||745||475||6||6307||11698||7|
|June 17, 2020||17735||587||469||14||5967||11299||7|
|June 16, 2020||17148||490||455||31||5623||11070||7|
|June 15, 2020||16658||573||424||4||5349||10885||7|
|June 14, 2020||16085||403||420||13||5220||10445||7|
|June 13, 2020||15682||501||407||8||5101||10174||7|
|June 12, 2020||15181||627||399||12||4891||9891||7|
|June 11, 2020||14554||681||387||5||4494||9673||7|
|June 10, 2020||13873||409||382||17||4351||9140||7|
|June 9, 2020||13464||663||365||4||4206||8893||7|
|June 8, 2020||12801||315||361||7||4040||8400||7|
|June 7, 2020||12486||260||354||12||3959||8173||7|
|June 6, 2020||12233||389||342||9||3826||8065||7|
|June 5, 2020||11844||328||333||10||3696||7815||7|
|June 4, 2020||11516||350||323||8||3535||7646||7|
|June 3, 2020||11166||348||315||1||3329||7522||7|
|June 2, 2020||10819||241||314||15||3239||7266||7|
|June 1, 2020||10578||416||299||12||3122||7157||9|
|May 31, 2020||10162||307||287||14||3007||6868||7|
|May 30, 2020||9855||553||273||12||2856||6726||7|
|May 29, 2020||9302||387||261||2||2697||6344||7|
|May 28, 2020||8915||182||259||5||2592||6064||7|
|May 27, 2020||8733||389||254||5||2501||5978||7|
|May 26, 2020||8344||276||249||16||2385||5710||7|
|May 25, 2020||8068||229||233||7||2311||5524||7|
|May 24, 2020||7839||313||226||5||2263||5360||7|
|May 23, 2020||7526||265||221||0||2174||5131||7|
|May 22, 2020||7261||245||221||10||2007||5033||7|
|May 21, 2020||7016||339||211||11||1907||4898||7|
|May 20, 2020||6677||284||200||8||1840||4637||7|
|May 19, 2020||6401||226||192||1||1734||4475||7|
|May 18, 2020||6175||216||191||9||1644||4340||7|
|May 17, 2020||5959||388||182||6||1594||4183||7|
|May 16, 2020||5621||176||176||5||1472||3973||7|
|May 15, 2020||5445||288||171||3||1320||3954||4|
|May 14, 2020||5162||193||168||3||1180||3815||4|
|May 13, 2020||4971||184||164||6||1070||3737||4|
|May 12, 2020||4787||146||158||6||959||3670||4|
|May 11, 2020||4641||242||152||10||902||3589||4|
|May 10, 2020||4399||248||142||17||778||3479||4|
|May 9, 2020||4151||239||127||11||745||3278||4|
|May 8, 2020||3912||386||118||10||679||3115||4|
|May 7, 2020||3526||381||108||4||601||2818||4|
|May 6, 2020||3145||195||104||5||534||2507||1|
|May 5, 2020||2950||148||99||5||481||2370||4|
|May 4, 2020||2802||245||94||6||417||2291||2|
|May 3, 2020||2558||170||88||2||400||2070||2|
|May 2, 2020||2388||220||86||17||351||1952||2|
|May 1, 2020||2170||238||69||10||351||1751||2|
|April 30, 2020||1932||204||59||7||317||1556||2|
|April 29, 2020||1728||196||52||7||307||1369||2|
|April 28, 2020||1532||195||45||4||255||1232||2|
|April 27, 2020||1337||64||41||0||255||994||2|
|April 26, 2020||1273||91||41||5||239||994||2|
|April 25, 2020||1182||87||36||3||222||925||2|
|April 24, 2020||1095||114||33||1||208||855||2|
|April 23, 2020||981||108||32||3||197||753||2|
|April 22, 2020||873||91||29||3||197||648||2|
|April 21, 2020||782||117||26||3||197||560||2|
|April 20, 2020||665||38||23||1||188||466||2|
|April 19, 2020||627||86||22||2||170||436||2|
|April 18, 2020||541||48||20||2||166||356||2|
|April 17, 2020||493||51||18||4||159||317||2|
|April 16, 2020||442||35||13||1||152||277||2|
|April 15, 2020||407||34||12||1||128||267||2|
|April 14, 2020||373||30||11||1||99||263||2|
|April 13, 2020||343||20||10||0||91||242||2|
|April 12, 2020||323||5||10||0||85||228||2|
|April 11, 2020||318||13||10||3||70||238||2|
|April 10, 2020||305||17||7||0||58||240||2|
|April 9, 2020||288||14||7||1||51||230||2|
|April 8, 2020||274||22||6||0||44||226||2|
|April 7, 2020||254||16||6||1||44||204||2|
|April 6, 2020||238||6||5||0||35||198||2|
|April 5, 2020||232||18||5||1||33||194||2|
|April 4, 2020||214||5||4||0||25||185||0|
|April 3, 2020||209||25||4||2||25||180||0|
|April 2, 2020||184||10||2||0||20||162||0|
|April 1, 2020||174||35||2||0||9||163||0|
|March 31, 2020||139||8||2||0||9||128||0|
|March 30, 2020||131||20||2||1||8||121||0|
|March 29, 2020||111||22||1||0||3||107||0|
|March 28, 2020||89||19||1||0||3||85||0|
|March 27, 2020||70||5||1||0||3||66||0|
|March 26, 2020||65||14||1||0||2||62||0|
|March 25, 2020||51||7||1||0||2||48||0|
|March 24, 2020||44||4||1||0||2||41||0|
|March 23, 2020||40||10||1||1||2||37||0|
|March 22, 2020||30||8||0||0||2||28||0|
|March 21, 2020||22||10||0||0||1||21||0|
|March 20, 2020||12||4||0||0||1||11||0|
|March 19, 2020||8||0||0||0||1||7||0|
|March 18, 2020||8||5||0||0||1||7||0|
|March 17, 2020||3||1||0||0||0||3||0|
|March 16, 2020||2||0||0||0||0||2||0|
|March 15, 2020||2||0||0||0||0||2||0|
|March 14, 2020||2||0||0||0||0||2||0|
|March 13, 2020||2||0||0||0||0||2||0|
|March 12, 2020||2||0||0||0||0||2||0|
|March 11, 2020||2||0||0||0||0||2||0|
|March 10, 2020||2||0||0||0||0||2||0|
|March 9, 2020||2||1||0||0||0||2||0|
|March 8, 2020||1||0||0||0||0||1||0|
|March 7, 2020||1||0||0||0||0||1||0|
|March 6, 2020||1||0||0||0||0||1||0|
|March 5, 2020||1||0||0||0||0||1||0|
|March 4, 2020||1||0||0||0||0||1||0|
|March 3, 2020||1||0||0||0||0||1||0|
|March 2, 2020||1||0||0||0||0||1||0|
|March 1, 2020||1||0||0||0||0||1||0|
|February 29, 2020||1||0||0||0||0||1||0|
|February 28, 2020||1||1||0||0||0||1||0|