He said Nigeria pays the lowest tariff for power supply in West Africa, with Ghana, Ivory Coast, Niger paying almost more than double.

He said President Tinubu is eager for the bloc to resume production.

He said President Tinubu’s antecedents as a pro-business leader is a springboard that will galvanize the development of the area.

Governor Obaseki described the partnership as a great financing model for unlocking infrastructure development in the country.

He was elected after a meeting of the board of directors held on Jan 31 and succeeds Alhaji Ahmad Abdullahi.

“There’s a considerable journey ahead in fully addressing the issue.This is exacerbated by the devaluation of the Nigerian Naira…”

Tourism Minister De Lille said that such growth can be continued by removing obstacles in the industry.

The apex bank’s office relocation directive has taken effect as staff have reportedly resumed in Lagos.

“Average inflation in Asia fell to 2.6% in 2023 from 3.8% in 2022, with particularly swift progress in emerging economies.”

Tuesday’s parallel market rate stayed the same as Monday at N1,460/$1.

The growth projection is 3.76% lower than

South Korea is a major destination for Nigeria’s Liquefied Natural Gas exports.

UMG accused TikTok of “trying to build a music-based business, without paying fair value for the music.”

Both UPS and FedEx have been forced to cut forecasts in the still-uncertain business environment.

The crude is set to be delivered to Nigeria by the end of February.

But the announcement did not halt the naira’s sustained depreciation on the parallel market, as it hurtles towards N1,500 to a dollar.

Seplat’s CEO Brown said, “I think the independent companies will get production up more than the IOCs will, because they do have the appetite to invest.”

The attack on US troops in a drone strike in Jordan has raised concerns of a wider conflict in the oil-rich Middle East.

Baidu, Alibaba and ByteDance were among China’s first companies to receive approvals.

He argued that multiple exchange rates had produced the “most optimal results when compared with other emerging markets…”