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US election: Oye Owolewa made Nigeria proud – minister

The Minister of Youth and Sports Development, Sunday Dare, on Thursday, described the feat achieved by 31-year old Oye Owolewa in the 2020 United States election as national pride. The minister tweeted, “Congrats are in place for the 31-year old Adeoye Owolewa for making Nigeria proud by being the first Nigerian to win a seat in the United States Congress.” Owolewa was on Tuesday elected as a shadow member of the US House of Representatives from the District of Columbia, making him the first Nigerian-American to achieve the milestone. According to election results on the website of the District of Columbia Board of Elections on Wednesday morning, Owolewa polled 81.59% of the votes, which represents 164,026 votes against Joyce Robinson-Paul, who scored 18,600 votes, and Sohaer Syed with 15,...

Gold rises on renewed US stimulus hope, dollar falls

Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...