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Nigeria, others to secure GPE’s $250 million Coronavirus support fund

Nigeria, others to secure GPE’s $250 million Coronavirus support fund

Nigeria and other 38 African countries are set to secure the $250 million funding provided by the Global Partnership for Education (GPE).
Chinese Engineering firm donates medical supplies to Nigeria

Chinese engineering firm donates medical supplies to Nigeria amid Covid-19

CCECC has donated over one million masks and other medical supplies, as part of its CSR to help Nigeria combat the COVID-19 pandemic.
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 Pound 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.