ALL THE RELEVANT NEWS: MONDAY

ALL THE RELEVANT NEWS: MONDAY

Oil prices rebound 2% on Trump’s health, Norway strike escalation, and Joe Biden’s lead in the polls.
Trump’s health update appeared to be the immediate cause of eased political uncertainty in global markets, pushing Brent up to $40.10 a barrel by 0613 GMT, gaining 83 cents or 2.1%.

VP Osinbajo yesterday expressed anger over Police violation of people’s rights and demanded the prosecution of indicted officers.
* IGP Adamu had earlier banned the Federal Special Anti-Robbery Squad, SARS and its officers from routine patrols, stop and search operations, checkpoints, mounting of roadblocks, traffic checks with immediate effect

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The Presidency has alerted the public over the displaced aggression of some persons and groups which it claims had planned to take advantage of the strike the organised labour called off last week to “unleash anarchy on the land, fomenting mayhem and civil disobedience.”

Also, yesterday, The Presidency said President Buhari will not “succumb to threats and undue pressure” being mounted by advocates of restructuring of the country.

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NUPENG, PENGASSAN direct members in Chevron to shut down operations over the company’s planned job cuts.

A Petroleum Products Pricing Regulatory Agency report shows that 71.35 per cent of the Liquefied Petroleum Gas, LPG, also known as cooking gas, consumed in the country in August 2020 was imported.

The Petroleum Industry Bill (PIB) proposes a 2.5 per cent fund on the basis of the oil companies’ actual operating expenditure for the preceding year for host communities.

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FG warns banks against lending to states without FRC approval.

The Nigerian Stock Exchange (NSE) to charge a trading fee of 0.005 per cent or N5 per million with effect from today.

NIMASA has issued a three-month ultimatum to companies engaged in cabotage trade in Nigeria to register all vessels used in coastal and inland waters trade.

The Non-Academic Staff Union on Sunday directed all its members to proceed on a 14-day warning strike today over alleged inconsistencies of the Integrated Payroll and Personnel Information System.

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COVID-19 Update: NCDC announced 58 new cases of COVID-19 on Sunday, the lowest in 5 months. With that Nigeria’s current numbers are 59345 confirmed cases, 50, 768 recoveries and 1113 deaths.
* Last week’s record of seven COVID-19 deaths is Nigeria’s lowest in five months.
* PTF says travellers must bear full costs of COVID-19 tests.

Donald Trump Update: The US President yesterday left the hospital to greet supporters in a short motorcade yesterday.
* Wearing a mask, the president waved inside a car moments after tweeting that he would pay a “surprise visit”.
* In the tweet he said he had learned a lot about the virus. His doctors also said he continued to improve and might be discharged as early as today, but a White House said he may be in the hospital ‘for some time.’
* Dr Sean Conley said the president’s oxygen level dropped twice since his diagnosis, and he was started on a steroid called dexamethasone; he had refused to confirm that a day earlier.
* At least seven people who attended a White House event last week, including the Trumps, have now tested positive.
[12:06 PM, 10/5/2020] Bisi Daniels, Mr: We have to fill all the sections before we introduce the paper to my big men contacts
* I will send you stories for the “states” and “All human.”
* For the “Videos” if you go to other newspapers sites there are good ones to copy, like what Adeboye said on restructuring.
Let me know the other ones you can find before you post them.
Thanks

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