# The Federal Executive Council (FEC) has approved the recommendations of the Presidential Committee on Fiscal Policy and Tax Reforms in the economic stabilization plan of the federal government.

# The Manufacturers Association of Nigeria (MAN), Cross River and Akwa Ibom branch, has highlighted foreign exchange market volatility as a major threat to its operations.


# The Infrastructure Concession Regulatory Commission (ICRC) has confirmed that construction of the $3.5 billion Bakassi Deep Seaport is set to begin in the near future, signaling a significant advancement for Nigeria’s maritime and economic infrastructure.


# The exchange rate between the Nigerian naira and the US dollar depreciated to N1,562.66 at the official Investor and Exporter (I&E) window on Monday, September 23, 2024.

#The Federal High Court has permitted the Shell Petroleum Development Company of Nigeria Limited and Global Gas and Refining Limited to explore an out-of-court settlement regarding the latter’s allegation that Shell failed to supply wet gas in accordance with the terms of a Gas Processing Agreement dated March 15, 2002.

NEWS MIX
September/27/2024

Tags: news, news mix, nigeria, us dollar