Author: News Editor

Our Investors Are Banks and Stockbrokers – DMO

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Our Investors Are Banks and Stockbrokers – DMO

The Debt Management Office (DMO) says Deposit Money Banks (DMBs) and Stockbroking firms are integral to delivering its national mandate of debt management. Mr Monday Usiade, Director, Business Development Department of the DMO, said this in an interview with the Newsmen in Ibadan yesterday. He spoke against the backdrop of the Federal Government Securities Issuance Awareness programme being organised by the DMO and CSL Stockbrokers Limited in different parts of the country. Usiade said that…

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Our operations follow the law – Irabor

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Our operations follow the law – Irabor

The Chief of Defence Staff (CDS), Gen. Lucky Irabor, says the operations and activities of Nigerian armed forces are guided by extant laws, rules of engagements and standard operating procedures. Irabor said this when he received participants of Promotion Staff Course 4 of the Institute of Defence, Senegal who are on a study tour to Nigeria on Monday in Abuja. The Director, Defence Information, Maj.-Gen. Jimmy Akpor, said the Chief of Defence Civil Military Cooperation,…

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Nigeria Oil Production Has Dropped – OPEC

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Nigeria Oil Production Has Dropped – OPEC

The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member countries, indicating that six countries increased their crude oil output while seven countries declined in production. The information is contained in the OPEC Monthly Oil Market Report (MOMR) for May 2022. The report showed that crude oil output increased in Saudi Arabia, the United Arab Emirates, Kuwait, Angola, Algeria, Congo, while production in Libya, Nigeria,…

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