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Total outstanding domestic debt stands at N12.4b, says CBN

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The Central Bank of Nigeria (CBN) on Wednesday said the country’s outstanding domestic debt stood at N12.44 billion as at December 2018.

This was contained in the bank’s 2018 Annual Activity Report released by the Financial Markets Department, CBN, and posted on its Website on Wednesday in Lagos.

The CBN said the figure represented a decrease of N146.35 million or 1.16 per cent when compared to N12.59 billion in 2017.

According to the CBN, the decline was due to the Federal Government’s preference for foreign borrowing to finance its fiscal deficit at attractive rates.

It said, “The debt stock comprised FGN bonds worth N9.13 billion or 73.41 per cent, FGN Saving Bonds worth N10.75 billion or 0.09 per cent, FGN Sukuk worth N200.00 billion or 1.61 per cent.

“FGN Green Bonds worth N10.69 billion or 0.09 per cent, FGN Special Bonds worth N200.54 billion or 1.61 per cent, and NTBs worth N2,735.97 billion or 21.99 per cent.”

The regulator also said the country’s outstanding treasury bonds worth N150.99 billion constituted the remaining 1.21 per cent.

The bank added that the cost of servicing the debt grew by 23.65 per cent to N1.8 billion, compared to N1.46 billion at the end of 2017.

It said, “The increase in the cost of debt servicing in 2018 was attributable to the coupon payments of new instruments such as FGN Sukuk, Green bonds and FGN Savings.”

Foreign

1,754 new COVID-19 infections detected in Qatar, 65,495 in total

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Qatar’s health ministry on Friday announced 1,754 new infections of COVID-19, increasing the total number of confirmed cases in the Gulf state to 65,495.

“Some 1,467 people recovered, bringing the total number of recoveries to 40,935, while four others died, raising the fatalities up to 49,” the official Qatar News Agency reported, quoting a statement by the ministry.

It revealed that infections had doubled due to people’s gatherings and visits, and ignoring of preventive measures recommended by the government, the most important of which is staying at home and maintaining social distancing.

A total of 246,362 persons in Qatar have undergone lab tests for COVID-19 so far, it added.

(XINHUA)

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Ukraine reports 553 new COVID-19 cases, total over 25,900

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Ukraine reported 553 new cases of COVID-19 in the past 24 hours, taking its total to 25,964, the country’s health ministry said on Friday.

Since the beginning of the epidemic, 1,859 children and 4,963 health workers have been diagnosed with COVID-19. A total of 11,372 patients have recovered, 7,840 have been hospitalized including 303 children and 935 health workers, and 762 died so far in the country.

The number of patients who have recovered exceeded the number of new cases over the past 24 hours in 11 out of 24 regions in the country, according to data published by the Coronavirus Epidemic Monitoring System of the National Security and Defense Council.

On May 20, the Ukrainian government introduced adaptive quarantine till June 22.

(XINHUA)

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Iran reports 2,886 new COVID-19 cases, 167,156 in total

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Iran’s confirmed novel coronavirus cases rose to 167,156 on Friday after an overnight registration of 2,886 new infections, according to official IRNA news agency.

During his daily briefing, Kianush Jahanpur, head of Public Relations and Information Center of the health ministry, said out of the new cases in the past 24 hours, 527 were hospitalized.

The pandemic has so far claimed the lives of 8,134 Iranians, up by 63 in the past 24 hours.

So far, 129,741 have recovered and been discharged from hospitals and 2,573 remain in critical condition.

According to Jahanpur, 1,040,289 lab tests for COVID-19 have been carried out in Iran as of Friday.

Iran’s health officials have urged the people to wear facemasks in public place, particularly in the public transport means.

Iran announced its first cases of COVID-19 on Feb. 19.

(XINHUA)

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India COVID-19 death toll rises to 6,348, total cases stand at 226,770

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India’s federal health ministry on Friday morning said that 273 new deaths due to COVID-19, besides fresh 9,851 positive cases, were reported during the past 24 hours across the country, taking the number of deaths to 6,348 and total cases to 226,770.

This is the highest spike in terms of fresh cases and deaths.

As of 8:00 a.m. (local time) Friday, 6,348 deaths related to novel Coronavirus have been recorded in the country,” read information released by the ministry.

On Thursday morning, the number of COVID-19 cases in the country was 216,919, and the death toll stood at 6,075.

According to ministry officials, so far 109,462 people have been discharged from hospitals after showing improvement.

“The number of active cases in the country right now is 110,960,” read the information.

The 5th phase of nationwide lockdown came into force from Monday. This phase marks several relaxations and reopening in a phased manner.

On March 25, Indian Prime Minister Narendra Modi announced a nationwide lockdown to contain the spread of COVID-19 and break the chain of infection.

(XINHUA)

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S.Korea reports 39 more COVID-19 cases, 11,668 in total

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South Korea reported 39 more cases of the COVID-19 compared to 24 hours ago as of 0:00 a.m. Friday local time, raising the total number of infections to 11,668.

The daily caseload stayed above 30 for five straight days due to small cluster infections from religious gatherings in the metropolitan area.

Of the new cases, five were imported from overseas, lifting the combined figure to 1,280.

No more death was confirmed, leaving the death toll at 273. The total fatality rate stood at 2.34 percent.

A total of seven more patients were discharged from quarantine after making full recovery, pulling up the combined number to 10,506. The total recovery rate was 90.0 percent.

Since Jan. 3, the country has tested more than 990,000 people, among whom 950,526 tested negative for the virus and 28,766 are being checked.

(XINHUA)

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Health

Nigeria records 350 new cases of COVID-19, totaling 11,516

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The Nigeria Centre for Disease Control announced on Thursday that it recorded 350 new confirmed cases of COVID-19, bringing the total number in the country to 11,516.

According to its official Twitter handle, all new cases, as at June 4, 2020, Nigeria has 350 new confirmed cases with eight deaths.

NCDC stated that the new cases were reported from 20 States: Lagos (102), Ogun (34), FCT (29), Borno (26), Kaduna (23), Rivers (21), Kwara (16), Ebonyi (17), Katsina (14), Edo (10), Delta (10), Kano (10), Bauchi (10), Bayelsa (9), Imo (8), Plateau (4), Ondo (3), Nasarawa (2), Gombe (1) and Oyo (1).

The News Agency Nigeria reports that no new state had reported a case in the last 24 hours.

The NCDC said that till date, 11,516 cases have been confirmed, out of which 7,658 are active cases; 3,535 cases have been treated and discharged, and 323 deaths have been recorded in 35 states and the Federal Capital Territory.

The agency called on Nigerians to observe the procedures for quarantine, avoid public places and ensure public hygiene.

“We cannot solve problems of over 60 years in six weeks.

“As we work hard to reduce risk of COVID-19 infection to health care workers on the frontlines, we need a fundamental change in our approach to infection,  prevention and control in Nigerian hospitals,“ it stated.

 


Edited By: Muhammad Suleiman Tola (NAN)

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Foreign

Turkey reports 988 new COVID-19 cases, total at 167,410

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Turkey’s total COVID-19 cases increased to 167,410 on Thursday, with 988 new cases reported in the past 24 hours, Turkish Health Minister Fahrettin Koca said.

A total of 21 people died from the novel coronavirus, taking the death toll in Turkey to 4,630, Koca tweeted.

He said that 926 patients recovered from the disease, raising the tally of recoveries in the country to 131,778.

“Our test count is over 54,000, including for screening purposes. The number of patients who need intensive care continues to decrease,” the minister said.

Turkey reported the first COVID-19 case on March 11.

Turkey and China have supported each other in the fight against COVID-19.

Chinese doctors and medical experts held a video conference with Turkish counterparts to share China‘s experiences in treating coronavirus patients, protecting medical workers, and controlling the spread of the virus.

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Oman reports 778 new COVID-19 cases, 14,316 in total

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The Omani health ministry announced on Thursday 778 new confirmed cases of COVID-19, bringing the total number in the country to 14,316.

According to a statement issued by the ministry, all new cases, including 265 Omanis, are related to community contact.

Meanwhile, 606 more have recovered from the disease, bringing the total recoveries to 3,451.

The ministry called on people to observe the procedures for quarantine, avoid public places or places of worship, and ensure public hygiene.

(XINHUA)

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Foreign

Morocco confirms 81 new COVID-19 cases, 8,003 in total

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Morocco on Thursday announced 81 new COVID-19 cases, bringing the total number in the North African country to 8,003.

Meanwhile, 329 more people have recovered from the disease, taking the tally of recoveries to 7,195, Mouad Mrabet, coordinator of the Moroccan Centre for Public Health, said at a press briefing.

The country reported two more deaths on Thursday, bringing the death toll to 208.

The death rate of coronavirus stabilizes at 2.6 percent, while the recovery rate is continuing its rise to 90 percent, he added.

Casablanca has remained the worst-hit region in the country with 34 percent of total cases, followed by Marrakech-Safi with 18 percent.

(XINHUA)

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Contact US: editor @nnn.com.ng, nnnnews247 @gmail.com

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