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Bonny Light price rises to $55.31 on US President inauguration

By Udeme Akpan THE price of Nigeria’s Bonny Light rose yesterday in the international market following the expectation that the United States’ new president, Joe Biden, would ‘act big’ in tackling the Coronavirus (COVID-19) pandemic. The prolonged COVID-19 has culminated in a gross reduction of economic activities globally, precipitating low oil demand and subdued prices.
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