{"id":2664,"date":"2024-07-18T14:08:03","date_gmt":"2024-07-18T14:08:03","guid":{"rendered":"https:\/\/ujm.com.ng\/?p=2664"},"modified":"2024-07-18T14:08:05","modified_gmt":"2024-07-18T14:08:05","slug":"corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market","status":"publish","type":"post","link":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/","title":{"rendered":"Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market"},"content":{"rendered":"\n<p class=\"has-text-align-center\"><strong>IRABOR Uyimwen Kurtis, PhD<sup>1<\/sup> &amp; OMIGIE Obehi Samuel, PhD<sup>2<\/sup><\/strong><br>Institute of Public Administration and Extension Services (IPAES)<br>Department of Business Administration,<br>Faculty of Management Sciences<br>University of Benin, Benin City, Nigeria.<br><em>uyimwen.irabor@uniben. edu or urakurtis@gmail.com<\/em><\/p>\n\n\n\n<p><strong>Abstract<\/strong><br>This study examined corporate bond duration and immunization strategy in the Nigerian bond market for the period 2001 to 2020. The Auto-regressive Distributed Lag Model (ARDL) regression method was employed to examine the data. The findings from the estimation show that corporate bond market was immunized against reinvestment risk in the short term in which bond investment risk was mitigated \/ protected against inflation risk. Therefore, the study recommends that there is the need for bond users to efficiently use corporate bond duration to manage inflation risk and reinvestment risk to give value to money invested and the expected returns.<\/p>\n\n\n\n<p><strong>Keywords: <\/strong>Bond Duration, Bond Market, Corporate Bond, Immunization Strategy Inflation Rate, Interest Rate Risk, Reinvestment Risk<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><a href=\"https:\/\/ujm.com.ng\/wp-content\/uploads\/2024\/07\/Corporate-Bond-Duration-Model-and-Immunization-Strategy-in-the-Nigerian-Bond-Market.pdf\">DOWNLOAD FULL ARTICLE IN PDF<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IRABOR Uyimwen Kurtis, PhD1 &amp; OMIGIE Obehi Samuel, PhD2Institute of Public Administration and Extension Services [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[101],"tags":[102],"class_list":["post-2664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer-buying-behaviour","tag-consumer"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market - Uniben Journal of Marketing<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market - Uniben Journal of Marketing\" \/>\n<meta property=\"og:description\" content=\"IRABOR Uyimwen Kurtis, PhD1 &amp; OMIGIE Obehi Samuel, PhD2Institute of Public Administration and Extension Services [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Uniben Journal of Marketing\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-18T14:08:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-18T14:08:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ujm.com.ng\/wp-content\/uploads\/2024\/07\/UJM-2-2-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"502\" \/>\n\t<meta property=\"og:image:height\" content=\"325\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"osaifo.osigo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"osaifo.osigo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/\"},\"author\":{\"name\":\"osaifo.osigo\",\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/#\\\/schema\\\/person\\\/c8903c98a98c5ec11dbae639c35bbd06\"},\"headline\":\"Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market\",\"datePublished\":\"2024-07-18T14:08:03+00:00\",\"dateModified\":\"2024-07-18T14:08:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/\"},\"wordCount\":169,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ujm.com.ng\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/UJM-2-2-2.jpg\",\"keywords\":[\"Consumer\"],\"articleSection\":[\"Consumer Buying Behaviour\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/\",\"url\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/\",\"name\":\"Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market - Uniben Journal of Marketing\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ujm.com.ng\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/UJM-2-2-2.jpg\",\"datePublished\":\"2024-07-18T14:08:03+00:00\",\"dateModified\":\"2024-07-18T14:08:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ujm.com.ng\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/UJM-2-2-2.jpg\",\"contentUrl\":\"https:\\\/\\\/ujm.com.ng\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/UJM-2-2-2.jpg\",\"width\":502,\"height\":325},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/2024\\\/07\\\/18\\\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/ujm.com.ng\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/#website\",\"url\":\"https:\\\/\\\/ujm.com.ng\\\/\",\"name\":\"Uniben Journal of Marketing\",\"description\":\"Leaders in Marketing Education ISSN: 2814-1490\",\"publisher\":{\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ujm.com.ng\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/#organization\",\"name\":\"Uniben Journal of Marketing\",\"url\":\"https:\\\/\\\/ujm.com.ng\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ujm.com.ng\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/cropped-image_2023-07-02_200331926.png\",\"contentUrl\":\"https:\\\/\\\/ujm.com.ng\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/cropped-image_2023-07-02_200331926.png\",\"width\":94,\"height\":93,\"caption\":\"Uniben Journal of Marketing\"},\"image\":{\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ujm.com.ng\\\/#\\\/schema\\\/person\\\/c8903c98a98c5ec11dbae639c35bbd06\",\"name\":\"osaifo.osigo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/302e2ae575f5df3be608e8ca7b0ed8f384fe5ed64b9f1144e3a991f2b34f3ff6?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/302e2ae575f5df3be608e8ca7b0ed8f384fe5ed64b9f1144e3a991f2b34f3ff6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/302e2ae575f5df3be608e8ca7b0ed8f384fe5ed64b9f1144e3a991f2b34f3ff6?s=96&d=mm&r=g\",\"caption\":\"osaifo.osigo\"},\"sameAs\":[\"https:\\\/\\\/ujm.com.ng\"],\"url\":\"https:\\\/\\\/ujm.com.ng\\\/index.php\\\/author\\\/osaifo-osigo\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market - Uniben Journal of Marketing","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/","og_locale":"en_US","og_type":"article","og_title":"Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market - Uniben Journal of Marketing","og_description":"IRABOR Uyimwen Kurtis, PhD1 &amp; OMIGIE Obehi Samuel, PhD2Institute of Public Administration and Extension Services [&hellip;]","og_url":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/","og_site_name":"Uniben Journal of Marketing","article_published_time":"2024-07-18T14:08:03+00:00","article_modified_time":"2024-07-18T14:08:05+00:00","og_image":[{"width":502,"height":325,"url":"https:\/\/ujm.com.ng\/wp-content\/uploads\/2024\/07\/UJM-2-2-2.jpg","type":"image\/jpeg"}],"author":"osaifo.osigo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"osaifo.osigo","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/#article","isPartOf":{"@id":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/"},"author":{"name":"osaifo.osigo","@id":"https:\/\/ujm.com.ng\/#\/schema\/person\/c8903c98a98c5ec11dbae639c35bbd06"},"headline":"Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market","datePublished":"2024-07-18T14:08:03+00:00","dateModified":"2024-07-18T14:08:05+00:00","mainEntityOfPage":{"@id":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/"},"wordCount":169,"commentCount":0,"publisher":{"@id":"https:\/\/ujm.com.ng\/#organization"},"image":{"@id":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/#primaryimage"},"thumbnailUrl":"https:\/\/ujm.com.ng\/wp-content\/uploads\/2024\/07\/UJM-2-2-2.jpg","keywords":["Consumer"],"articleSection":["Consumer Buying Behaviour"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/","url":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/","name":"Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market - Uniben Journal of Marketing","isPartOf":{"@id":"https:\/\/ujm.com.ng\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/#primaryimage"},"image":{"@id":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/#primaryimage"},"thumbnailUrl":"https:\/\/ujm.com.ng\/wp-content\/uploads\/2024\/07\/UJM-2-2-2.jpg","datePublished":"2024-07-18T14:08:03+00:00","dateModified":"2024-07-18T14:08:05+00:00","breadcrumb":{"@id":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/#primaryimage","url":"https:\/\/ujm.com.ng\/wp-content\/uploads\/2024\/07\/UJM-2-2-2.jpg","contentUrl":"https:\/\/ujm.com.ng\/wp-content\/uploads\/2024\/07\/UJM-2-2-2.jpg","width":502,"height":325},{"@type":"BreadcrumbList","@id":"https:\/\/ujm.com.ng\/index.php\/2024\/07\/18\/corporate-bond-duration-model-and-immunization-strategy-in-the-nigerian-bond-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ujm.com.ng\/"},{"@type":"ListItem","position":2,"name":"Corporate Bond Duration Model and Immunization Strategy in the Nigerian Bond Market"}]},{"@type":"WebSite","@id":"https:\/\/ujm.com.ng\/#website","url":"https:\/\/ujm.com.ng\/","name":"Uniben Journal of Marketing","description":"Leaders in Marketing Education ISSN: 2814-1490","publisher":{"@id":"https:\/\/ujm.com.ng\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ujm.com.ng\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ujm.com.ng\/#organization","name":"Uniben Journal of Marketing","url":"https:\/\/ujm.com.ng\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ujm.com.ng\/#\/schema\/logo\/image\/","url":"https:\/\/ujm.com.ng\/wp-content\/uploads\/2023\/07\/cropped-image_2023-07-02_200331926.png","contentUrl":"https:\/\/ujm.com.ng\/wp-content\/uploads\/2023\/07\/cropped-image_2023-07-02_200331926.png","width":94,"height":93,"caption":"Uniben Journal of Marketing"},"image":{"@id":"https:\/\/ujm.com.ng\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ujm.com.ng\/#\/schema\/person\/c8903c98a98c5ec11dbae639c35bbd06","name":"osaifo.osigo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/302e2ae575f5df3be608e8ca7b0ed8f384fe5ed64b9f1144e3a991f2b34f3ff6?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/302e2ae575f5df3be608e8ca7b0ed8f384fe5ed64b9f1144e3a991f2b34f3ff6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/302e2ae575f5df3be608e8ca7b0ed8f384fe5ed64b9f1144e3a991f2b34f3ff6?s=96&d=mm&r=g","caption":"osaifo.osigo"},"sameAs":["https:\/\/ujm.com.ng"],"url":"https:\/\/ujm.com.ng\/index.php\/author\/osaifo-osigo\/"}]}},"_links":{"self":[{"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/posts\/2664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/comments?post=2664"}],"version-history":[{"count":1,"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/posts\/2664\/revisions"}],"predecessor-version":[{"id":2666,"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/posts\/2664\/revisions\/2666"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/media\/2665"}],"wp:attachment":[{"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/media?parent=2664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/categories?post=2664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ujm.com.ng\/index.php\/wp-json\/wp\/v2\/tags?post=2664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}