However, gasoline stockpiles rose by 7.2 million barrels, raising worries about fuel consumption.

“There is no way the airlines will fund the parastatals and make profit.”

“This is a place of extraordinary innovation, extraordinary dynamism…”

“We believe this partnership will be strengthened to add mutually-beneficial value.”

It said the bank continues to carry out its funding strategy of issuing large liquid benchmark transactions.

This year, South Africa claimed six spots on the ranking, followed by Egypt with five, and Nigeria with four.

“If oil production is to resume in Ogoni, there should be a referendum of Ogoni people that will sit down on a roundtable to discuss.”

The NPA said the berthing of a ship measuring 367, at Lekki Deep Seaport, represented a quantum leap.

Soneye said the loan is a short to mid-term solution to Nigeria’s foreign exchange challenge.

He highlighted that Africa’s contributions to global emissions stand at a modest three per cent.

They said the refinery will change the business dynamics in the downstream sector.

The full quorum of committee who are meant to determine policies are however, not yet appointed.

He said Nigeria loses nothing as such moves create opportunities for indigenous companies.

“Abuja continues to have full operational offices and the Authority has not scaled down operations in Abuja one bit.”

NCC had said the directive to partially disconnect Globacom’s subscribers would take effect from Thursday January 18, 2024.

However, the non-oil export revenues declined by 6.25% compared to $4.8 billion recorded in 2022.

The Regulatory Action Plan was issued by the NUPRC on January 1, 2024 to set a direction for the industry’s activities

It held a strategic session with business leaders across its area of coverage.

It should yield an estimated 44% reduction in energy costs and a 76% annual decrease in carbon emissions for Wood Factory.

“We are poised to take advantage of the digital revolution.”