Oyo state records first corovarus death at UCH

    Governor Seyi Makinde of Oyo State says the state recorded its first COVID-19 death on Wednesday. Makinde made the death public on his Twitter handle at about 11:30 pm on Wednesday.

Abule-Ado explosion: Lagos government compensates victims with N2.5m each

   The Lagos State Government, yesterday, presented a cheque of N2.5 million to each of the eight families of the deceased, who died in the pipeline explosion of Sunday, March 15, 2020, at Abule Ado-Soba, in Amuwo Odofin Local Government Area of the state, as financial assistance. At least 23 people lost their lives, while over 500 residents were affected and displaced in the devastating incident.

In the wake of the explosion, Governor Babajide Sanwo- Olu, promised to pay compensation to affected victims to cushion the effect of the disaster. Some of the families, who received the cheques in proxy, include Rev. Henrietta Aloka, Mrs. late Funke Edet, late Bidemi Johnson, late Mr. Aliu Ali and Irene Oku.

Pastor T.B. Joshua: Hardship virus worse than coronavirus

 

Pastor T.B. Joshua of the Synagogue Church of All Nations has urged leaders of all countries to lift the lockdown imposed because of coronavirus. His reason: Hardship virus is more dangerous than coronavirus.

“The presidents of the nations should open up the economy. The more we delay in opening up the economy, the more we will face a worse situation afterwards”, he said in a Facebook by TB Joshua Ministries. He also spoke on why church ministers have kept quiet over the raging pandemic:

Kenya central bank shifts its policy meeting to April 29

 

 The Kenyan central bank’s Monetary Policy Committee will hold its next meeting on April 29, it said on Tuesday, changing it from the initial scheduled date of April 27.

Oil-price turmoil gripped traders

   Oil-price turmoil gripped traders once more Tuesday, a day after US crude futures crashed below zero for the first time as the coronavirus crisis crippled global energy demand and worsened a supply glut.

  The commodity rout also sent world equity markets spiralling lower, as investors fretted it could compound an expected deep global economic downturn. WTI had Monday collapsed to an unprecedented intra-day low of minus $40.32. Negative prices mean traders must pay to find buyers to take physical possession of the oil — a job made difficult with the world’s storage capacity at bursting point.