“We project that real GDP growth in Nigeria will slow to 2.7 per cent in 2023, down from 3.3 per cent in 2022, as rapidly increasing living costs weigh on domestic demand,” it stated.

He said they have to differentiate between symptoms and causes.

“You can travel and go about your business without the old system where you had to go and drop off your passport.”

It remitted N123 billion as interim dividend and Production Sharing Contracts after exiting the fuel subsidy regime following its removal by President Bola Tinubu.

He said CNG has been used in Edo state for over 15 years without any incident.

The FCCPC updated its list of registered and approved lenders due to a resurgence in the occurrence of prohibited loan recovery methods and practices.

The Senate also urged local meter manufacturers and other operators to approach CBN, Afreximbank and AfDB for support.

It said transparency is critical in managing the gains.

The result reflects the continued positive impact of our strategy and the tremendous progress that we have made in growing and transforming the Group,” said First Bank CEO Adesola Adeduntan.

The Service collected N1.65 trillion tax revenue in June 2023, the highest collected by the Service in any single month.

The regulator’s DG said it would ensure that the broadcast media performed their roles as required by law.

This is sequel to the granting of petrol import licences to 56 private marketers by the Nigerian Midstream and Downstream Petroleum Regulatory Authority.

He encouraged Nigeria to set up an office in Houston to boost trade facilitation.

He clarified that the FCCPC is not only to regulate the big companies or the formal sector; it is also to regulate the informal sector.

The NPAN president emphasized on collaboration with government and the private sector.

The partnership involves a broad range of collaborative initiatives.

He said there’s no shortfall in product supply.

““The President is determined to redefine the meaning and concept of modern leadership,” he said.

The NMDPRA CEO assured that the liberalized market would provide end users with more places to buy products.

Food inflation may worsen as Russia ends black sea grains deal.