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Coronavirus

COVID-19: US FDA approves blood plasma treatment, 70,000 patients treated so far

The agency revealed that 70,000 patients have so far been treated using blood plasma.

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IMF says it can mobilize $1 trillion loan to help countries counter Coronavirus,COVID-19: 10 new cases as total figure rises to 224.

The US Food and Drug Administration (FDA) on Sunday, revealed that it has authorized the use of blood plasma from patients who have recovered from COVID-19 as treatment for the disease.

This is coming barely a day after he accused the agency of delaying the rollout of COVID-19 vaccines and therapeutics for political reasons. The announcement of the emergency use authorization of the treatment is coming on the eve of the Republican National Convention, where Trump is expected to be nominated to lead his party for another 4 years.

The FDA, which appears to be in a rush with the announcement, disclosed that early evidence suggests blood plasma can decrease mortality and improve the health of patients when administered in the first 3 days of their hospitalization.

READ: UK scientists discover cheap drug (just N2.5k) that can combat Covid-19

The Director of the FDA’s Centre for Biologics Evaluation and Research, Peter Marks, on a conference call with reporters, said, ‘’It appeared that the product is safe and we’re comfortable with that and we continue to see no concerning safety signals.’’

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The FDA while explaining its decision, cited early evidence suggesting blood plasma can decrease mortality and improve the health of patients when administered in the first 3 days of their hospitalization.

READ: COVID-19: Trump puts pressure on authorities to develop vaccine before election

The FDA said that it recommended it as safe in an analysis of 20,000 patients who received this treatment. The agency revealed that 70,000 patients have so far been treated using blood plasma.

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The agency also noted that patients who benefitted the most from this treatment are those under 80 years old and who were not on a respirator. Such patients had a 35% better survival rate a month after receiving the treatment.

READ: Nigeria’s leading health tech innovators and their founders 

Plasma is referred to as the element of blood that carries water, enzymes and blood cells throughout the body. It also carries the antibodies humans form to fight off disease and boost immunity.

Supplies of plasma has been limited because they require that a recovered Covid-19 patient donate blood and that it matches the blood type of the recipient

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Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

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Coronavirus

FG warns Nigerians about on-going N3million COVID-19 grant scam

FG has warned Nigerians to beware of scammers using phishing links to defraud unsuspecting members of the public.

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FG warns Nigerians about on-going N3million COVID-19 grant scam, IMF, World bank loans, Over 56% of 2019 budget expenditure was released for capital projects , FG changes decision to sell stake of oil assets in JVs, Finance Bill: Nigeria exempts small businesses from Company Income Tax , Finance Bill is for the good of Nigerians – Finance Minister, Zainab Ahmed, Nigeria, five other West African countries reject ‘Eco’ as ECOWAS single currency, FG rejects calls for tax reduction, tax relief for donors to intervention funds, Nigerian economy going into recession, might contract by -8.9% - Finance Minister, Nigeria to spend $33.20 billion in 2021 up 17.2%, will spend 25% of budget on debt servicing - Finance Ministry

The Federal Government has issued a warning to Nigerians about an ongoing N3million COVID-19 scam in circulation.

This was disclosed by the Federal Ministry of Finance, Budget and National Planning via its Twitter handle.

According to the government, the scam targets Nigerians looking to benefit from the Federal Government assistance to businesses affected by COVID-19.

READ: #EndSARS: FG creates new N25 billion Youth Fund, to increase to N75 billion in 3 years

In the tweet, it warned about some phishing links being shared on social media, requesting for applications for N3 Million FG Grants.

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It tweeted, “The general public should note that these phishing links are generated by Scammers and intended to defraud unsuspecting Nigerians.

“Government requests for applications are only via official channels & websites.

READ: FG earmarks over N190 billion for road construction in the 6 geo-political zones by 2021

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READ: I won’t approve 2021 budget without provisions for #EndSARS victims, ASUU – Gbajabiamila

“It has come to our attention that a link is being shared via social media requesting for applications for a FG N3 Million grant.

“The general public should note that this is a SCAM. Any requests for applications are only via official channels & websites. Pls beware! #FinMinNigeria.

READ: #EndSARS: Protests may return if panels do not address all issues in 2 weeks – Former Nigerian Minister

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Okebunmi Omolaja, has tasked the Federal Government to take its warning further from the social media to other publicity tools in order to spread the information across Nigeria.

He said, “The Ministry can help by carrying the awareness campaigns to States radio stations or federal officers in each States to meet the CDA Leaders of their traditional rulers palaces/govt schools premises.”

READ: 2021 Budget: Senate sets motion for budget defense, commences 2020 review

READ: FG disburses MSMEs Survival Fund in Lagos, Kano, FCT and 9 other states

Explore some Advanced Financial Calculators on Nairametrics

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Coronavirus

COVID-19: Our economy is too fragile to bear another round of lockdown – Buhari

President Buhari has called on Nigerians to do all they can to avert a second wave of COVID-19 in Nigeria.

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Q1 2020 National Debt report, Buhari finally speaks on NDDC probe, urges NA to act with a sense of urgency,National Human Rights Commission,Presidency bows to pressure, agrees to demand made by EndSARS protesters, Our economy is too fragile to bear another round of lockdown-Buhari

President Muhammadu Buhari said that the Nigerian economy is too fragile to go into another lockdown, as the second wave of coronavirus forces some European countries – Germany and France, to enter another phase of lockdown.

The President disclosed this in a social media statement on Thursday afternoon via his official Twitter handle.

Buhari said Nigeria will work hard to control its local spread, as the country can’t afford a lockdown.

Looking at the trends in other countries, we must do all we can to avert a second wave of COVID-19 in Nigeria. We must make sure that our cases, which have gone down, do not rise again. Our economy is too fragile to bear another round of lockdown,” President Buhari said.

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(READ MORE:#EndSARS: Hoodlums loot Yakubu Dogara’s house in Jos)

What you should know

According to a Bloomberg report, the rising cases of COVID-19 in Europe have led to another phase of lockdowns, with the Eurozone’s 2 biggest economies, Germany and France announcing new lockdowns restrictions.

“The measures we’ve taken have turned out to be insufficient to counter a wave that’s affecting all Europe,” said French President Emmanuel Macron

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In August, Nairametrics reported that President  Buhari approved the extension of the second phase of eased lockdown by another 4 weeks.

Nigeria’s Gross Domestic Product (GDP) in real terms declined by 6.10% (year-on-year) in Q2 2020, ending the 3-year trend of low but positive real growth rates recorded since the 2016/17 recession.

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Coronavirus

COVID-19 Update in Nigeria

On the 28th of October 2020, 147 new confirmed cases and 4 deaths were recorded in Nigeria

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The spread of novel Corona Virus Disease (COVID-19) in Nigeria continues to record significant increases as the latest statistics provided by the Nigeria Centre for Disease Control reveal Nigeria now has 62,371 confirmed cases.

On the 28th of October 2020, 147 new confirmed cases and 4 deaths were recorded in Nigeria, having carried out a total daily test of 3,270 samples across the country.

To date, 62,371 cases have been confirmed, 58,095 cases have been discharged and 1,139 deaths have been recorded in 36 states and the Federal Capital Territory. A total of 617,750 tests have been carried out as of October 28th, 2020 compared to 614,480 tests a day earlier.

COVID-19 Case Updates- 28th October 2020,

  • Total Number of Cases – 62,371
  • Total Number Discharged – 58,095
  • Total Deaths – 1,1139
  • Total Tests Carried out – 617,750

According to the NCDC, the 147 new cases were reported from 12 states- Lagos (82), FCT (20), Rivers (9), Kaduna (8), Plateau (8), Benue (5), Edo (3), Kano (3), Nasarawa (3), Taraba (3), Ogun (2), Bauchi (1).

Meanwhile, the latest numbers bring Lagos state total confirmed cases to 21,017, followed by Abuja (6,028), Plateau (3,622), Oyo (3,433), Rivers (2,790), Edo (2,657), Kaduna (2,633), Ogun (2,016), Delta (1,813), Kano (1,746), Ondo (1,666), Enugu (1,314),  Kwara (1,069), Ebonyi (1,049), Katsina (952), Osun (923), Abia (898), Gombe (883).  Borno (745), and Bauchi (711).

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Imo State has recorded 616 cases, Benue (491), Nasarawa (482), Bayelsa (403),  Ekiti (332), Jigawa (325), Akwa Ibom (295), Anambra (277), Niger (274), Adamawa (257), Sokoto (165), Taraba (143), Kebbi (93), Cross River (87), Yobe (82), Zamfara (79), while Kogi state has recorded 5 cases only.

READ ALSO: COVID-19: Western diplomats warn of disease explosion, poor handling by government

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.

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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. Also, on Monday 27th July 2020, the federal government extended the second phase of eased lockdown by an additional one week.

On Thursday, 6th August 2020 the federal government through the secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force (PTF) on COVID-19 announced the extension of the second phase of eased lockdown by another four (4) weeks.

READ ALSO: Bill Gates says Trump’s WHO funding suspension is dangerous

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