Bloomberg: Nigeria’s Oil Shipping Costs Soar as Tanker Owners Steer Clear Protest rocks Angola over fuel price hike Fuel subsidy: NLC, TUC resume talks with FG today Deji Elumoye and Emmanuel Addeh in Abuja with agency report
The cost of shipping oil from Nigeria surged the most in more than a year this weekend, prompting some ship
owners to stay away from Africa’s largest oil producer, a Bloomberg report has said. This emerged as the
Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) were expected to resume talks today with
the federal government over steps being taken to alleviate the suffering associated with the withdrawal of
fuel subsidy by the administration Continued on page 5
Fresh Crisis Brews in PDP Over Minority House Leaders... Page 40 Monday 19 June, 2023 Vol 28. No 10295. Price: N250
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10th Senate: Jostling for Principal Offices Begins Ndume, Kalu, Buhari, Musa, others eye senate leader Sunday Aborisade in Abuja The race for principal offices in the 10th senate has started, following
the successful inauguration of the National Assembly and the emergence of Godswill Akpabio (South-south) as Senate President
and Barau Jibrin (North-West) as his deputy. The remaining four principal officers positions – Senate Leader,
Deputy Senate Leader, Chief Whip and Deputy Whip – would now be shared among the North Central, North West, South East and the
far decided in both the executive North East geopolitical zones. Apart from the North Central, and legislative arms of government all the zones had been adequately Continued on page 5 represented in the top positions so
CBN: FX Reforms Aimed at Transparency, Liquidity, Discouraging Speculation Pegs withdrawal from domiciliary accounts at $10, 000 per day To prioritise orderly settlement of FX forward transactions to boost market confidence Directs banks to ensure expeditious processing of BTA, PTA, school fees, others Apex bank to normalise its CRR maintenance processes, ensure equity ȱ ¢ȱ ȱ ȱť
AN EVENING WITH AIRTEL… L-R: Chief Executive Officer/ Managing Director, Airtel Nigeria, Carl Cruz; Board Member, Airtel Africa, Awuneba Ajumogobia; Governor of Lagos State, Babajide Sanwo-Olu; Group Chief Executive Officer, Airtel Africa, Segun Ogunsanya; Renowned Businesswoman and Philanthropist, Hajia Bola Shagaya; Chief of Staff, Ekiti State (representing the Governor of Ekiti State), Tolu Ibitola; during An Evening with Airtel and the launch of Airtel Touching Lives Season 7 in Lagos, on Sunday