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Cryptocurrency1 hour ago

Why Bitcoin might likely hit $100,000 soon

The 12-month BTC price forecast was more evenly distributed, though a majority of respondents see prices above $50,000.

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Business News2 hours ago

Banks earn N216 billion in E-banking income amidst threat from challenger banks

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Naira gains at black market as external reserves increases by $620 million in 2 weeks

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Covid 19 update symptops Covid 19 update symptops
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COVID-19 Update in Nigeria

On the 12th of April 2021, 44 new confirmed cases and 1 death was recorded in Nigeria.

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Coronavirus

Pfizer/BioNTech Covid-19 vaccine appears effective against key mutation – Study reveals

Pfizer Inc. and BioNTech’s vaccine may offer some protection against the new variants of coronavirus.

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Pfizer/BioNTech Covid-19 vaccine appears effective against key mutation - Study reveals

The vaccine developed by Pfizer Inc. and BioNTech SE may offer some protection against a mutation in the new variants of coronavirus that have emerged in the UK and elsewhere.

This is according to a recent study by researchers at the University of Texas Medical Branch and assisted by Pfizer/BioNTech.

READ: Covid-19: First world nations oppose waiving intellectual rights for vaccine development

The research comes as Covid-19 is spreading globally at record daily levels, likely accelerated by the new strains, and as countries begin to roll out their vaccines.

The new variants, which has been identified across several countries, are thought to be 57% to 70% more transmissible than earlier strains of the virus.

READ: Moderna vaccine certified to protect monkeys against Coronavirus during study

The result indicates the vaccine is likely to generate a protective immune response to new coronavirus variants carrying the so-called N501Y mutation in the virus’s spike protein.

The study has not been peer-reviewed and was only released ahead of publication and peer review.

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Executives at BioNTech – as well as from Moderna Inc., the developer of a rival mRNA shot had earlier claimed their vaccines will protect against the new strains.

READ: PZ Cussons relaunches soap brand in desperate bid to re-capture market

The result of the study by the University of Texas is one of the first to support those claims. The research examined the response to the mutant viruses in blood sera taken from 20 people vaccinated with the companies’ mRNA vaccine.

The researchers noted that the study didn’t cover other mutations in the spike protein. Yet, the findings were consistent with the response to a panel of 15 so-called pseudoviruses bearing spikes with other mutations found in circulating SARS-CoV-2 strains.

READ: AstraZeneca set to buy Alexion for $39 billion

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What they are saying

Phil Dormitzer, one of Pfizer’s top viral vaccine scientists, stated that:

  • “We’ve now tested 16 different mutations, and none of them have really had any significant impact. That’s the good news. That doesn’t mean that the 17th won’t.”

READ: Covid-19: UK to approve Pfizer, BioTNech vaccine, to start immunization December 7

Simon Clarke, an associate Professor in Cellular Microbiology at the University of Reading, said that:

  • “While both variants had some new features in common, one has a ‘number additional mutations’ that included more extensive alterations to the spike protein.”

What you should know

  • The researchers plan to run similar tests to see if the vaccine is effective against other mutations found in the UK and South African variants and hope to have more data within weeks.
  • Scientists have suggested the changes could be made to Pfizer/BioNTech and Moderna Inc vaccines to address new mutations of a virus in as little as six weeks.

Adeyemi holds a PhD in Accounting Sciences. He has worked in the Educational Sector and as an Independent Consultant.

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Business News

COVID-19 Update in Nigeria

On the 12th of April 2021, 44 new confirmed cases and 1 death was recorded in Nigeria.

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Covid 19 update symptops

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 163,837 confirmed cases.

On the 12th of April 2021, 44 new confirmed cases and 1 death was recorded in Nigeria.

To date, 163,837 cases have been confirmed, 154,177 cases have been discharged and 2,061 deaths have been recorded in 36 states and the Federal Capital Territory.

A total of 1.8 million tests have been carried out as of April 12th, 2021 compared to 1.7 million tests a day earlier.

COVID-19 Case Updates- 12th April 2021,

  • Total Number of Cases – 163,837
  • Total Number Discharged – 154,177
  • Total Deaths – 2,060
  • Total Tests Carried out – 1,838,174

According to the NCDC, the 44 new cases are reported from 5 states- Enugu (22), Lagos (15), FCT (4), Osun (2), and Kaduna (1).

Meanwhile, the latest numbers bring Lagos state total confirmed cases to 57,969, followed by Abuja (19,723), Plateau (9,030), Kaduna (8,989), Rivers (6,999), Oyo (6,838), Edo (4,893), Ogun (4,621), Kano (3,930), Ondo (3,226), Kwara (3,120), Delta (2,617), Osun (2,553), Nasarawa (2,378), Enugu (2,259), Katsina (2,097), Gombe (2,034), Ebonyi (2,017), Anambra (1,909), Akwa Ibom (1,810), and Abia (1,683).

Imo State has recorded 1,655 cases, Bauchi (1,540), Borno (1,337), Benue (1,188), Adamawa (1,051), Niger (930), Taraba (910), Bayelsa (878), Ekiti (868), Sokoto (775), Jigawa (527), Kebbi (450), Cross River (385), Yobe (365), Zamfara (234), while Kogi state has recorded 5 cases only.

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

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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. 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.

Governor Babajide Sanwo-Olu of Lagos State announced the closed down of the Eti-Osa Isolation Centre, with effect from Friday, 31st July 2020. He also mentioned that the Agidingbi Isolation Centre would also be closed and the patients relocated to a large capacity centre.

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Due to the increased number of covid-19 cases in Nigeria, the Nigerian government ordered the reopening of Isolation and treatment centres in the country on Thursday, 10th December 2020.

On 26th January 2021, the Federal Government announced the extension of the guidelines of phase 3 of the eased lockdown by one month following the rising cases of the coronavirus disease in the country and the expiration of phase 3 of the eased lockdown.

On 28th February 2021, the federal government confirmed that the first tranche of Covid-19 vaccines will arrive in Nigeria on Tuesday, March 2nd, 2021.

On Tuesday, 2nd March 2021, the National Primary health Care Development Agency announced the arrival of the expected COVX Astrazeneca/Oxford covid-19 vaccines.

On Saturday, 6th March 2021, President Muhammadu Buhari and his vice, Yemi Osinbajo received vaccination against the covid-19 as the State House in Abuja.

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

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Business

Lagos eases restrictions on social, event centres, sets new occupancy limit

The state government has pegged the occupancy limit for event centres in Lagos to 500 people while social events can now have 200 people at a time.

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The Lagos state government has further eased restrictions on social and event centres in the state. This follows due consultations and deliberations between the Lagos State Governor, Babajide Sanow-Olu, and relevant stakeholders and MDAs.

The state government has pegged the occupancy limit for event centres in Lagos to 500 people while social events can now have 200 people at a time.

This disclosure is contained in a statement by the Lagos State Commissioner for Tourism, Arts and Culture, Uzamat Yusuff, and the Director-General of the Lagos State Safety Commission, Mr Lanre Mojola, on Friday, April 9, 2021.

The statement noted that safety marshals will be deployed to any social event with over 200 people and event centre exceeding the 500 limits.

READ: Lagos Govt seals Queens Park Event Centre, Oniru for contravening COVID-19 protocol

The statement partly reads, “All event centres must hold a valid license of The Lagos State Ministry of Tourism, Arts and Culture prior to operating as an event centre in the State.

“All event centres must be duly registered and verified on The Lagos State Safety Commission website www.lasgsafetyreg.com prior to holding any event.

An Event Safety Clearance must be obtained from the Lagos State Safety Commission through the website www.lasgsafetyreg.com for any proposed event or exhibition.

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Safety Marshals shall be deployed by an accredited event safety consultant from Lagos State Safety Commission for every social event with attendance exceeding over 200 people.

READ: Lagos state government reacts to reopening of event centers, clarify guidelines

Occupancy limit at any event must not exceed 50% of the maximum design capacity of the hall, wherein Occupancy Limit stickers provided by the Lagos State Safety Commission must be boldly posted at the entrance of the event hall.

Maximum allowable capacity for event centres irrespective of the occupancy limit is 500 people. Deep cleaning must be carried out before and after every event. Physical distancing shall be maintained between seated guests and a maximum number of seated guests should be 6 (six) people on a table of 10 persons.

Event duration should not exceed a maximum period of 6-hours. All guests and service providers at the facility must wear a nose mask and make use of hand sanitisers All guests and service providers must endeavour to wash their hands before entering the venue or in the alternative use hand sanitisers. Temperature checks must be taken at all entry points into a facility.

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Guests and service providers with temperature (above 37.5) are to be politely turned back and referred to paramedics or the emergency response team on the ground. Hand sanitizers must be positioned at the entry points and different spots within the hall.

All event centres must endeavour to display standard COVID-19 safety signs. The signs must be bold and installed at conspicuous locations. Event centre owners/ planners/vendors would be responsible for any breach of protocols by their staff.

In case you missed it

  • It can be recalled that in July 2020, the Lagos State Government had issued fresh guidelines on the reopening of event and social centres following their shutdown as part of measures to contain the spread of the coronavirus pandemic.
  • The state government insisted that the owners of such facilities must register with the government pending further directives.

 

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