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    Monthly Archives: May, 2020

    Benue conducts peaceful LG election in 276 council wards

    Local government election was Saturday held peacefully across the 276 council wards of Benue state with a large turn out of voters in the...

    19 days after been Kidnapped, former Edo Commissioner found dead

    By Ozioruva Aliu – Benin City Nineteen days after he was abducted from his farm, the decomposing body of Edo state former Commissioner for Youths...

    Buhari loses nephew, Ibrahim Dauda

    PRESIDENTMuhammadu Buhari’s nephew Alhaji Ibrahim Dauda is dead. Ibrahim Duada died in Daura, Katsina State, following a prolonged illness. This was made known in a statement...

    My father at 93 hasn’t recovered from the trauma of Biafra war -Chidoka

    As the Indigenous People of Biafra, IPOB, celebrates and honors its fallen heroes and heroines, many Nigerians of Igbo extraction, Saturday took to the...

    Nigeria’s crude cargoes to arrive in China mid-June

    The submersion of East Asian markets into coronavirus-induced recession has pulled down several major oil producers, most notably Nigeria whose breakeven price is well...

    NSE ASI Rises Marginally by 0.25% as the Rally in Crude Oil Prices Slows…

    In the just concluded week, the Lagos bourse revved, howbeit mildly, to close in green territory as rally in crude oil prices marke slowed....

    FGN Bond Yields Fall for Most Maturities on Sustained Bullish Activity…

    In line with our expectations, the values of FGN bonds traded at the over-the-counter (OTC) segment appreciated for most maturities tracked amid sustained bullish...

    Stop Rates Move in Mixed Directions; Overnight NIBOR Plunges on Liquidity Boost…

    In the just concluded week, CBN refinanced matured T-bills worth N59.37 billion via Primary market at lower rates for most maturities: Stop rates for the...

    Naira Loses Against USD at the I&E FXW as Rising Crude Oil Prices Slows…

    In the just concluded week, Naira depreciated against the USD at the Investors and Exporters FX Window (I&E FXW) by 0.10% to close at...

    ECONOMY: CBN Reduces Rates on Facilities in the OFIs, Cuts MPR by 1% as Q1 2020 GDP Rises by 1.87%…

    In the just concluded week, the Central Bank of Nigeria (CBN), in a move to further cushion the negative effect of COVID-19 in the...

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