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FIRSTBANK SALUTES MEDICAL PROFESSIONALS TACKLING COVID-19  

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By Felix Onajite

First Bank of Nigeria Limited has saluted medical professionals tackling the COVID-19 pandemic in Nigeria and the world, THE WITNESS reports.

The Bank in series of tweets on its Twitter page on Friday, acknowledged the role medical experts are playing to fight the virus.

Some of the messages read: “No capes, just heroes. To all the health professionals at the frontline of efforts to tackle COVID-19, we say thank you. Your timeless efforts are much appreciated. The world called and they responded.”

“No cape, just lab-coats. No superhuman capability, just dedication, strength, and compassion. As we play our parts of staying at home, we thank our medical professionals for being our ‘Avengers’.”

“The world called and they responded. We salute our frontline warriors.”

FirstBank has been in the forefront of supporting the drive to flatten the curve with promoting public enlightenment being among its many measures to check the rising spread of Coronavirus since the outbreak of the disease in Nigeria.

Recall, the lender, as part of a robust effort to combat the deadly virus, recently announced a donation of N1 billion to the federal government of Nigeria for the expansion of health facilities, purchase of relief materials, critical care facilities, protective gears to contain the spread of the virus and treating individuals diagnosed with the disease.

The donation is in addition to the Bank’s drive to move one million children to e-learning, together with an early partner – Roducate – as recommended by the Lagos State Ministry of Education.

According to the Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, the e-learning initiative is a complementary effort in education to support students and minimise the disruption to their education resulting from closure of schools.

The Nigeria Centre for Disease Control (NCDC) on Friday night confirmed 20 new cases of Coronavirus (COVID-19) in the country.

Eleven cases were confirmed in Lagos, three cases confirmed in the FCT, 3 in Edo, two in Osun and one in Ondo

“Two new deaths have been recorded in Lagos and Edo States, with 25 cases discharged. This brings the total number of confirmed cases in Nigeria to 210,” the centre said.

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Capital Market

Stock market gains N15bn on MTNN price rally

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The key market indices of the Nigerian Stock Exchange (NSE) on Friday rebounded by 0.12 per cent following price appreciation achieved by MTN Nigeria Communications.

The News Agency of Nigeria (NAN) reports that MTN Nigeria Communication dominated the gainers’ table with N1.10 to close at N16.10 per share.

Vitafoam Nigeria followed with 26k to close at N3.85, while International Breweries added 25k to close at N3.85 per share.

GlaxosmithKline gained 20k to close at N4.80, while PZ Cussons appreciated by 15k to close at N4.50 per share.

Consequently, the All-Share Index which opened at 24,276.56 rose by 29.80 points or 0.12 per cent to close at 24,306.36.

Also, the market capitalisation of listed equities inched higher by N15 billion or 0.12 per cent to N12.679 trillion from N12.664 trillion achieved on Thursday.

On the other hand, Guaranty Trust Bank topped the laggards’ table, dropping 30k to close at N22.45 per share.

United Bank for Africa trailed with a loss of 15k to close at N6.25, while Zenith Bank lost 5k to close at N16.70, per share.

ABC Transport dipped 5k to 51k, while FBN Holdings also declined by 5k to close at N5.20 per share.

An analysis of the activity chart indicates that Sterling Bank was the most active, exchanging 17.66 million shares valued at N22.63 million.

Zenith Bank followed with an account of 7.47 million shares worth N47.06 million, while Transcorp sold 7.41 million shares valued at N4.69 million.

Fidelity Bank exchanged a total of 6.20 million shares worth N11.11 million.

In all, the volume of shares traded closed lower with an exchange of 131.63 million shares valued at N899.49 million in 3,044 deals.

This was in contrast with 192.08 million shares worth N2.47 billion exchanged hands in 3,833 deals on Thursday.

 

(NAN)

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BUSINESS

EKEDC warns against tampering with meters

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Eko Electricity Distribution Company (EKEDC) on Friday said it had intensified efforts to curb cases of meter tampering by customers within its operational network.
Mr Godwin Idemudia, General Manager, Corporate Communications, EKEDC, in a statement issued in Lagos warned that those involved in such nefarious activities would face prosecution.
Idemudia said the warning follows the recent arraignment of three persons before an Ojo Magistrates’ Court on a four-count charge of conspiracy to commit fraud, impersonation, forgery and tampering with electricity installations.
He said the accused persons allegedly received the sum of N70,000 from unsuspecting customers who wanted to get their prepaid meters repaired and placed them on direct connection.
Idemudia said :” It is rather unfortunate that people go about parading themselves as our staff when they are not.
“We will go the full extent of the law and this will serve as a deterrent to others aiming to do same.”
He urged EKEDC customers to always go through the appropriate channels for all complaints or issues and make no form of payment to unauthorised persons or channels.
Idemudia also advised customers to report any staff or partners that make demands on them for EKEDC’s services via its social media platforms and other designated channels.
(NAN)
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Aviation

Ekiti Cargo Airport to be ready in 18 months

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Ekiti Government has said the ongoing construction of the Cargo Airport at Ipogun in Irepodun/Ifelodun Local Government Area would completed in 18 months.

Mr Bunmi Awotiku, the Special Adviser to the Governor on Airport Project, said this when Ekiti House of Assembly Committee on Works and Transport visited the site on Friday at Ipogun.

The News Agency of Nigeria reports that the project started in October 2019.

The Chairman of the House Committee, Chief Olugboyega Aribisogan, said that the airport was a timeless legacy, which would enhance the rapid transformation and development of the state.

Aribisogan, accompanied by other committee members, said they were at the site to examine the level of work done on the project.

The chairman assured that the Assembly would give necessary legislative support to the state Executive to enable it deliver the dividend of democracy to the people of the state

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