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The Office of the Accountant General of the Federation has halted payment of federal allocations to the Rivers State Government in compliance with a court judgement, just as the Court of Appeal in Abuja heard the appeal challenging the verdict on Friday. A three-member panel of the Court of Appeal led by Hamma Barka, on […]
Brazil faces a critical decision regarding its petroleum future. Without new discoveries, the country may become a net oil importer within a decade. This shift could significantly impact Brazil’s energy independence and economic stability. Currently, Brazil produces 3.47 million barrels of oil daily, totaling 1.2 billion barrels annually. With proven reserves of 15.9 billion barrels, […]
Bangladesh’s foreign exchange reserves are gradually increasing and stabilising, says Bangladesh Bank (BB) Governor Ahsan H Mansur. “The reserves, which had been depleting by $1.3 billion per month under the previous government, are now seeing a more positive trend,” Ahsan said in an interview with UNB on Sunday. “A significant amount has already been paid […]