COVID-19: Nigeria records 576 new cases, Lagos reports 277

On the 2nd of January 2021, 576 new confirmed cases and 8 deaths were recorded in Nigeria

Till date, 89163 cases have been confirmed, 74789 cases have been discharged and 1302 deaths have been recorded in 36 states and the Federal Capital Territory

The 576 new cases are reported from 15 states- Lagos (277), FCT (90), Oyo (51), Nasarawa (49), Sokoto (23), Anambra (14), Bauchi (11), Imo (11), Kano (11), Edo (10), Plateau (10), Ogun (9), Osun (5), Jigawa (3), and Rivers (2)

A multi-sectoral national emergency operations centre (EOC), activated at Level 3, continues to coordinate the national response activities

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CBN cuts interest rate to 23%

The Central Bank of Nigeria (CBN), yesterday, cut the Monetary Policy Rate (MPT) from 26.5 percent to 23 percent The Governor of the bank, Mr. Olayemi Cardoso, who announced the new rate at the end of the 307th Monetary Policy Committee (MPC) meeting, in Abuja, described the decision as resetting it to meet the current financial market realities.