• Tuesday, April 16, 2024
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BusinessDay

News Roundup: CNN forensic evidence, Pfizer and BioNtech’s new milestone, Access Bank disburses interest-free loans, Twitter rolls out fleet…

News Roundup: New Variants could be vaccine resistant, Two Nigerian Ministers sacked, return of Gulder Ultimate Search, telecom growth Slows….

CNN provides forensic evidence to Lekki shooting
Cable News Network (CNN) carried out a thorough investigation into the Lekki shooting which happened on October 20, 2020 and found forensic evidence that shows unarmed protesters were shot that night. The Nigerian army in an earlier statement said they made use of rubber bullets but CNN during their investigation revealed that live bullets were fired that night. CNN traced the bullet found at the scene to Serbia, where Nigeria has been purchasing bullets almost every year. The evidence also shows that the Nigerian Army did not fire into the air as they claimed but the shots they fired at peaceful protesters. The international media outlet also unveiled the identity of a protester who reportedly died on the night of the shootings.

Pfizer and BioNTech records new milestone as Covid-19 vaccine shows 95% efficacy
The fight to get the world back to normalcy is looking bright as two vaccines (Pfizer and BioNtech) is revealed to be 95 percent safe. The drug makers have said the vaccines are highly effective against the virus 28 days after the first dose. The vaccines have also been said to be effective across all ages, races and ethnicities. The companies have also reiterated that they expect to produce up to 50 million doses this year and up to 1.3 billion doses in 2021.

Read Also: Nigeria’s October inflation rate quickens to 31-month high on rising food cost

Nigeria’s inflation quickened to near 3-year high
The rising trend of Nigeria’s inflation rate was sustained in the month of October as data from the National bureau of statistics reveal that inflation accelerated to 14.2 percent compared to 13.7 recorded in September. The main cause of the spike has been attributed to the endsars protest which caused panic buying, the increase in transport cost, dollar restriction, border closure and poor harvest season. Experts say Nigeria might need to open up its borders soon to prevent further rise in inflation which could further cripple the economy.

Access Bank begins interest-free loan disbursements to businesses affected by violent protest.
Access Bank Plc has commenced the disbursement of the N50 billion interest-free loans to micro, small and medium-size enterprises (MSMEs) that were destroyed by hoodlums in the protest against police brutality in the country. The bank says it has received over 2000 applications and has approved about 60 applications of which half have received the loans already. The lender looks forward to supporting at least 500 customers before the projects end but this depends on the capacity of business and their ability to pay back.

Twitter rolls out “fleets”, a new feature to help users have safer conversations
Twitter rolled out a new feature called “fleets”, a new disappearing tweet feature to enable users to have safer conversations. Mobile users can access the feature by clicking the messaging bubbles on the top of their timeline. There they can share thoughts, tweets, and react to other’s “Fleets” with the knowledge that all of it will disappear in 24 hours. Any comment to someone’s “Fleet” will be sent directly to their DM, rather than be posted publicly on the timeline. Viewers will be able to see a list of who has viewed their post. “Fleets” can also be found by clicking directly on someone’s profile photo. Later updates of the feature plan to include stickers and live broadcasting.

11th Ebola outbreak in Democratic Republic of Congo declared Over
The Democratic Republic of Congo (DRC) officially declared the end of its 11th Ebola Outbreak, six months after the first cases of the deadly virus were reported. The World Health Organisation made the announcement alongside DRC Minister of Health, Eteni Longondo. The country has not recorded any new cases since September 28th. The outbreak began on June 1, 2020 in the country’s western Equateur Province, and the outbreak was the world’s second-deadliest Ebola outbreak on record,

Lagos launches boat-hailing app
The Lagos State Waterways Authority (LASWA) has unveiled a boat-hailing app to connect skippers and charterers in the state. According to the General Manager of the LASWA, Damilola Emmanuel said the app was created to improve the waterways for users through the introduction of technology and innovation. The unveiling of the app launched by a tech company, OsaGo, took place at LASWA’s Five Cowries Terminal in the Falomo area of the state. Emmanuel also added that the launch of the app is a demonstration of the government’s commitment to making the use of waterways attractive to all classes of users.

FG threatens CNN with sanctions but provides no evidence
Despite the forensic evidence provided by CNN, the Federal Government has insisted that the military men did not shoot at #EndSARS protesters at the Lekki Tollgate, describing the alleged mass killings as a massacre without bodies. The Minister of Information and Culture, Lai Mohammed said CNN should be sanctioned for its investigative report on the October 20 Lekki shootings. He also insisted that not a single body has been produced or a single family has come out to identify that their family member was killed at the Lekki tollgate. In response to this, CNN declared that it stands by its report as there is no probable evidence that what was reported is false.