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NloTEK develops COVID-19 solution for elderly and vulnerable, receives $6,000 from Cairo Angels

NloTEK develops COVID-19 solution for senior citizens, wins $6,000 from Cairo Angels

As the confirmed cases of the Coronavirus hit over a million globally, tech startup, NloTEK, has been selected to develop solutions that could aid in the fight against the pandemic.
NAICOM, Recapitalisation: 44 firms get NAICOM’s nod , NAICOM boss makes case for recapitalisation, insists the exercise will solidify insurance sector , NAICOM extends recapitalisation deadline for insurance companies to meet new capital base, Due to lack of ‘process’, NAICOM says no insurance firm has met recapitalisation requirement, Insurance: Recapitalisation exercise sets consolidation in motion, Insurance firms are reportedly selling off assets to meet NAICOM’s recapitalisation deadline, Insurance: NAICOM mulls extension of recapitalization exercise

INSURANCE: NAICOM mulls extension of recapitalisation exercise

There are indications that NAICOM will extend the deadline for the recapitalisation of insurance and reinsurance companies for the second time.
British Pounds Sterling plunges, British PM admitted to Intensive care Unit 

British Pounds plunges, as PM gets admitted to Intensive care

The market responded negatively after British Prime Minister, Boris Johnson was admitted into the Intensive Care Unit yesterday due to complications from Coronavirus. 
COVID-19: FCMB reschedule operations

Covid-19 Update in Nigeria

 On the 6th of April 2020, six (6) new confirmed cases of COVID-19 were recorded in Nigeria
KPMG outlines the impact of a Twin Shock on Nigeria

KPMG Nigeria outlines the impacts of a Twin Shock on Nigeria

Nigeria is feeling the heat and that is because its sole dependence on oil has made it suffer a Twin Shock.