Oil Price Exceeds $90 Per Barrel as Saudi, Russia Extend Cuts Till December
The rsing price could pose a dilemma for Nigeria who recently removed subsidy on petrol.
The rsing price could pose a dilemma for Nigeria who recently removed subsidy on petrol.
The bank is set to clampdown on firms involved in illegal FX deals.
VP Shettima said the removal has already increased the amount of monthly revenues distributed among the federal, states and local governments to meet their financial obligations.
Akeem Fashola said Nigeria needs more hospitality institutes, while Chukwuemeka Jibunoh harped on the need to protect Nigerian artists.
He also encouraged industry players to invest in educational and medical tourism.
“Our business is predominantly driven by Forex and the rate of exchange impacts what we sell to customers.”
In a yearly basis, the country’s revenue from the sector was N193.59bn in 2021, showing an increase of N60.32bn or 51.89% growth, when compared to the 2020 revenue flows of N116.82bn.
The agreement provided for a complex that includes a conference centre, a hotel, an exhibition centre, an innovation hub and retail facilities.
Oando’s Wale Tinubu said the agreement underscored the role indigenous actors will play in the future of the Nigerian upstream sector.
“The position of this current minister is that we’re going to get this thing solved once and for all and then we’re going to stop talking about it.”
“The directive is imperative to get the needed attention of government and warn it off its new found love of meddling in the internal affairs of unions.”
The report showed that foreign exchange inflow through the CBN increased to $7.17bn, compared to $6.21bn in the preceding quarter.
Solid minerals minister Dele Alake did not give a timeframe for when the new company would be set up.
Others include Mohammed Indimi, Arthur Eze, Razak Okoya, Emeka Offor, Cosmas Maduka, Adewale Tinubu, Bola Shagaya and Folurunsho Alakija.
They said the trillions accumulated from stamp duties would cushion the effects of petrol subsidy removal better than the “token” being given as palliatives.
“The UK wants to encourage UK companies to invest into the region.”
With the significant increase in profits, the management of GTCO declared N0.50 per share interim dividend in H1 2023 as against N0.30 per share declared in H1 2022.
After his eldest son Dodi was killed in a car crash alongside Princess Diana, the former Harrods and Fulham owner spent years questioning their deaths.
The evaluated agencies included NAFDAC, NCAA, NCC, NERC, NITDA, NOSDRA and SON.
“OPEC’s output is still undershooting the targeted amount by almost 800,000 bpd mainly because Nigeria and Angola lack the capacity to pump as much as their agreed level.”
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