Shell pioneered deepwater development in Nigeria, when SNEPCo launched the Bonga FPSO vessel in November 2005.

This amounted to an 11.62% drop.

But despite the court ruling, the Minister of Aviation, Hadi Sirika on Tuesday insisted that the federal government would not go back on the plan to establish the national carrier

The request for the restraining order was filed by the Airline Operators Of Nigeria.

Although Nigeria added 77,000 bpd in October, it wasn’t enough to return the country to the top of the table as Africa’s biggest producer.

Emirates also recently stopped flights to Lagos and Abuja to protest the Nigerian government’s inability to provide dollars for the airline to repatriate its revenue.

It noted the positive response of the banking public to the policy through increased currency deposits across financial institutions.

Emefiele said the facility will help the country to create a world-class creative sector.

It’s the fifth time Nigeria has lost in the long-running court case.

A revised work plan has been prepared, envisaging the completion of the transaction by March 2023.

France and the Netherlands have withdrawn from the treaty in recent weeks

Musk warned employees Thursday that the site was burning through cash dangerously fast, raising the specter of bankruptcy

The economy contracted by 0.2% during the three months as soaring prices hit businesses and households.

Sirika said the agreement was in line with the Africa Continental Free Trade Area (AfCTA) agreement of a single African market.

Respected media guru and erstwhile governor of Ogun State, Chief Olusegun Osoba, will preside at the roundtable.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed this in its October Crude Oil Production Report.

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They said accessing FX at the official CBN rate was a serious challenge for marketers and was responsible for the price differential in petrol distribution in the country.

He sold almost $22 billion worth of Tesla shares in 2021, a year when the stock jumped over 50%.

Africa’s largest economy operates a tightly controlled official rate but it’s in the parallel market where the exchange rate is largely determined.