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Business News

Apple donates 10 million face masks to healthcare workers

Chief Executive Officer of Apple, Tim Cook has announced that the company would be donating 10 million face masks to health workers. 

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U.S stock futures trade flat, Apple regains $2 trillion market value, Apple iPhone 11, Tax battle: Apple challenges $14 billion court case , Apple to pay $500 million settlement in lawsuit over slow iPhones, Apple supplier Foxconn to reopen manufacturing base in China, Apple donates 10 million face masks to healthcare workers, App developers can now challenge Apple store guidelines 

Chief Executive Officer of Apple, Tim Cook has announced that the company would be donating 10 million face masks to health workers.

The tech CEO, who made this announcement in a video posted on Twitter, urged the general public in the United States to stay home and follow the advice of health experts so as to help combat the ongoing coronavirus pandemic.

” Apple has sourced, procured and is donating 10 million masks to the medical community in the United States. These people deserve our debt of gratitude for all of the work that they’re doing on the front lines,” Cook said in the video.

What you should know: Apple joins tech companies like Facebook to donates mask as the country struggles with shortage amidst the disease spread. Mark Zuckerberg, Facebook’s Chief Executive Officer had earlier said the company would be donating 720,000 masks as a protective measure against the disease.

[READ MORE: Aliko Dangote rallies private sector operators against COVID-19)

Nairametrics had also reported that Tesla would reopen its New York-based factory so as to produce and donate ventilators to people suffering from this disease.

The automaker, Ford had also shown support by announcing that it was working on a partnership with 3M and GE Healthcare to begin producing face masks and ventilators to help fill potential shortages caused by the coronavirus spread.

This development comes after the Governor of New York, Andrew Cuomo said that the Federal Government needed to nationalize the purchase of needed medical supplies.

He also said the shortage of masks and other lifesaving equipment such as respirators was leading to price gouging, as states competed with each other. New York, the hardest-hit state so far, estimated it would need 140,000 hospital beds in as little as 14 to 21 days.

New York now has more than 30,000 infections with 285 dead. That means the state has reported more coronavirus cases than any other state in the United States.

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - [email protected]

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Corporate Press Releases

Peter Obaseki retires as Chief Operating Officer of FCMB Group Plc

Mr Peter Obaseki, the Chief Operating Officer of FCMB Group has retired from the financial institution.

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The Board of Directors of FCMB Group Plc has announced the retirement of Mr. Peter Obaseki, the Chief Operating Officer of the financial institution, with effect from March 1, 2021. He was also an Executive Director of the Group.

His retirement was approved at a meeting of the Board of the Group on February 26, 2021. This has also been announced in a statement to the Nigerian Stock Exchange (NSE) by the financial institution.

The Chairman of FCMB Group Plc’s Board of Directors, Mr Oladipupo Jadesimi, thanked Mr. Obaseki for his valuable service and excellent support to the Board for many years.

FCMB Group Plc is a holding company divided along three business Groups; Commercial and Retail Banking (First City Monument Bank Limited, Credit Direct Limited, FCMB (UK) Limited and FCMB Microfinance Bank Limited); Investment Banking (FCMB Capital Markets Limited and CSL Stockbrokers Limited); as well as Asset & Wealth Management (FCMB Pensions Limited, FCMB Asset Management Limited and FCMB Trustees Limited).

The Group and its subsidiaries are leaders in their respective segments with strong fundamentals.

For more information about FCMB Group Plc, please visit www.fcmbgroup.com.

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Tech News

Deezer accepts payment in Naira amid stiff competitions with Spotify, Youtube music, Apple music.

Deezer has gained quite a reputation in Nigeria, as it slashes its subscription fee and now accepts payment in Naira.

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Deezer slashes subscription fee and now accepts payment in Naira amid stiff competitions with Spotify, Youtube music, Apple music.

Deezer, the French music streaming platform that has gained quite a reputation in Nigeria has slashed its subscription fee and now accepts payment in Naira.

This is coming a few weeks after Spotify launched in Nigeria and 38 other new markets in Africa.

The competition in the Nigerian music streaming space is getting hotter by the day. More music streaming platforms are entering the Nigerian market with better payment methods and cheaper pricing, thereby forcing existing players to slash their prices so as to hold on to their customer base

Launched in 2007, Deezer currently connects over 16 million monthly active users around the world to 73 million tracks.

Before now, Deezer’s subscription was rated at $4.99 (₦1,800) for premium customers and the family plan for ₦2,700.

This number has been slashed in half. The music platform now charges ₦900 ($2.36) for Deezer Premium, ₦1,400 for Deezer HiFi and ₦1,400 ($3.67) for Deezer Family Plan.

Other streaming players in Nigeria like Apple Music, Spotify, Youtube music, Boom Play, Audiomack and Soundcloud have also slashed their prices.

For YouTube Music, the monthly individual subscription costs ₦900 while a family plan costs ₦1400 ($3.67).

Spotify Premium cost ₦900 per month in Nigeria. The Premium Family plan goes for ₦1,400 for up to 6 family members.

Apple music charges ₦450 per month for students, ₦900 per month for Individual plan while the Family plan goes for ₦1,400 for up to 6 family members.

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