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Moderna Says Its Vaccine Booster Produces Immunity Against Delta
According to details of a study released on Thursday, August 5, Moderna has revealed its Covid-19 vaccine booster shot produced a “robust” antibody response against the highly contagious delta variant. In its phase two trial, Moderna tested a 50-microgram dose of three vaccine booster candidates in previously vaccinated individuals. The booster shots produced a promising…
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Petrol Consumption Hit 340m Liters
New figures released by the Nigerian National Petroleum Corporation has shown, petrol consumption in Nigeria has risen by 340 million litres in a month. The data contained in its March 2021 financial and operations report. According to the report, the oil firm said 1.75 billion litres of petrol was consumed in March 2021. This is…
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Nigeria’s PMI Hits 55.4 in July
Nigeria’s Purchasing Managers Index has risen to 55.4 in July from 53.6 in June this year. This is according to a report by the lender Stanbic IBTC. The company said this signalled a marked improvement in business conditions, describing it as one of the strongest PMIs since January 2020. According to the report, “Nigeria’s private…
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Covid-19 Third Wave: Lagos State Infection Rates Hits 8.9%
The Lagos State Governor, Mr Babajide Sanwo-Olu has disclosed new figures in the spiking rates of Covid-19 infection and deaths in a situation and management report of the covid-19 third wave in the state. According to the governor, an average of 6 covid-19 deaths was recorded daily in the week leading up to August, making…
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How Journalists Accessed COVID-19 Vaccination In Nigeria
This story is a result of Orodata’s Micro-Grant support to journalists to produce in-depth investigative and data-driven stories on thematic areas like Development, Healthcare, Covid-19, and Covid-19 Vaccine. After registering online for the COVID-19 vaccination in March 2021 as directed by the Lagos State Government, the Deputy Editor of NewDawn Newspaper, Charles Okogene waited to…
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Nigeria Loses 2.5tr Oil Barrels In 4 Years
According to data from the Nigeria Natural Resource Charter, Nigeria has lost 4.5 trillion barrels of oil to theft in the last four years. Another separate data from the National Oil Spill Detection and Response Agency showed that the country recorded 4,919 oil spills between the period of 2015 to March 2021. The Ministry of…
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How Poor Funding For Research, Low Technology Contributed To Lack Of Local Covid-19 Vaccine Production
This story is a result of Orodata’s Micro-Grant support to journalists to produce in-depth investigative and data-driven stories on thematic areas like Development, Healthcare, Covid-19, and Covid-19 Vaccine. “Nigeria Institute of Medical Research is surviving on international grant. There is no budgetary provision for NIMR. Majority of the things they are using are programmed and…
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UAE To Lift Travel Ban On Nigeria In August
The United Arab Emirate would lift its 5-month long ban on flights from Nigeria this August, according to an official statement on the Emirates website. Emirates announced on its website that the UAE authorities have announced that effective 5 August 2021, eligible travellers from Nigeria and 10 other countries will be allowed to travel to/through…
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In 6 Months Foreign Investors Withdraw N116.72bn
The Nigerian Exchange Limited has said that foreign investors in the equities market withdrew a total of $116.72billion from January to June 2021. According to the NGX Domestic & Foreign Portfolio Investment Report for June 2021, foreign investors invested a total of N105.24billion in the market. This represents a year-on-year drop by 57.44 percent from…
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Cement: Dangote, BUA, Lafarge Post 62% Profit Increase
In the first half of this year, three of the largest cement manufacturers in Nigeria saw their combined profit before tax jump by 61.90 percent. This is according to an analysis of their unaudited financial statements. Dangote Cement Plc, BUA Cement Plc and Lafarge Africa Plc posted a total pre-tax profit of N237.60billion in H1…