The Economist: Nigeria Missing Out On Rare Global Oil Boom Opportunity
According to the news outlet, price controls remain the biggest reason the boom was ruining the public purse.
According to the news outlet, price controls remain the biggest reason the boom was ruining the public purse.
Hundreds of millions of Chinese who hit the roads and fly during the Mid-Autumn Festival and early October’s Golden Week holidays are expected to stay home.
Oil theft of 400,000 bpd translates to $1.2bn every month, the combined budget of Osun, Ekiti and Kwara.
The repairs to a subsea hose have stopped exports of Forcados crude, which is the single largest export grade.
Economy return ticket sold in March at N300,000 is now N1.7m and airlines could charge as much as N1m for change of date.
Chengdu extended a lockdown for a majority of its more than 21 million residents on Thursday.
With fertilizer prices more than doubling in the region in the past year, it’s a greener and cheaper alternative for local farmers.
Apple halted new sales in Russia after Russia invaded Ukraine but Apple goods have remained available.
According to an amended complaint, Musk, Tesla Inc, SpaceX and others intentionally drove up the price of Dogecoin more than 36,000% over two years and then let it crash.
It came 48 hours after OPEC and its allies cut their October supplies to the global economy by 100,000 barrels per day.
Aviation Minister Hadi Sirika said the interest of Nigerians would be protected and no violator will be spared.
The slower growth is in part due to unflattering comparisons to strong exports last year, and more Covid restrictions.
The order is part of a $50bn plan aimed at building and protecting the local American semiconductor industry.
He said the new policy from the EU labeling gas and nuclear power as green energy was a ‘win-win’ for Europe and Africa.
The Polish president, while identifying global food crisis as one of the major fallouts of the Russian invasion of Ukraine, disclosed Nigeria and Poland has signed an MoU in agriculture.
Akabueze advised that gains from the removal of petroleum subsidies should be redirected to investment in the oil sector.
Analysts have calculated that Porsche might entice a valuation of €60bn-€85bn.
The figure represented a growth rate of 1.96% when compared to the N588.59 billion recorded in the preceding quarter.
The incident occurred a few days after the struggling retailer announced it was closing stores and laying off workers.
This follows claims by the Customs boss Hameed Ali, that the company allows the release of 98 million litres.
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