Unease as Nigeria records 553 coronavirus cases, highest daily figure. In the midst of gradually unlocking of the nation’s economy, the Nigeria Centre for Disease Control (NCDC) on Saturday announced the highest daily figure of confirmed coronavirus cases in Nigeria.

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Yields Plunge in Treasury Bills Market amid Excess Liquidity. Yields on government instruments trend lower in the secondary Treasury Bills market last week as Central Bank refinanced matured instrument worth ₦59.37 billion via primary market.

Sukuk: Stockbrokers Urge Nigerians to Support FG growth Plan. To support the government growth plan, the Chartered Institute of Stockbrokers (CIS) has urged Nigerians to subscribe to N150 billion Sukuk issued by the Debt Management Office.

At 9,302 COVID-19 cases, Nigeria now third most infested in Africa. The Nigerian Centre for Disease Control (NCDC) has said there is 387 new confirmed COVID-19 cases, and 2 deaths have been recorded. The NCDC confirmed that this has taken total confirmed cases to 9,302.

Covid-19: Is the pandemic a win for regionalisation? Covid-19, along with the related disruptions to the movement of goods and people, has compounded the challenges facing globalisation.

Microsoft ‘to replace journalists with robots’. Microsoft is to replace dozens of contract journalists on its MSN website and use automated systems to select news stories, US and UK media report.

Naira Depreciates Against Dollar at Investors and Exporters Window. As global oil prices moderate in the week, Naira depreciates against dollar at the Investors and Exporters foreign exchange window.

Stock market sustained positive momentum lifts All-Share Index. The Nigerian Stock Exchange continues its bull run as the equities segment sustained a positive performance. Week to date, the All-Share index gained 0.3% to close at 25,267.82 points.

President Buhari reconstitutes NNPC Board. President Muhammadu Buhari has approved the reconstitution of the Board of the Nigerian National Petroleum Corporation (NNPC). This President made the call after the expiration of the term of the board members appointed in 2016.