“The reason we are paying subsidy today is because our exchange rate has run away and if we continuously allow…
He said indigenous operators are flouting Nigeria's content law.
Nigeria has the largest economy in Africa, with a gross domestic product (GDP) of $477bn as at 2022.
He pointed out that the entities offer profits that are too good to be true, leading to devastating losses for…
They asked that foreign exchange for importing fuel should be pegged at N600 for the next three months.
Annett Günther ssid no fewer than 90 German companies operate in Nigeria with over 17,000 jobs directly created.
He has been part of the business world. He is determined and committed to repositioning this nation."
The ELI Akaso is set to address challenges around exporting and storing crude.
"This is our next oil, and that is why we are here."
The report forecasted a deceleration of economic growth in Sub-Saharan Africa to 2.5 percent in 2023, from 3.6 per cent…