Samuel Nwite
AUTHOR: Samuel Nwite
Nigerian Government Unveils Plans for $10 Billion Diaspora Fund to Spur Investment
In a bid to galvanize investment from Nigerian citizens living abroad, the federal government has announced its intention to establish a $10 billion diaspora fund.
Doris Uzoka-Anite, the...
NNPCL and African Refinery Reach Agreement to Strengthen Local Refining Capacity of Port-Harcourt Refinery
The Nigerian National Petroleum Company Ltd (NNPCL) has made a fresh move in its quest to bolster Nigeria's local refining capacity by entering into an agreement...
Meta’s Stock Plummets 19%, wiping $200bn off market cap as Zuckerberg Pushes AI and Metaverse Vision
Meta Platforms Inc., under the leadership of CEO Mark Zuckerberg, faced a turbulent earnings call as investors responded with skepticism to the company's focus on artificial...
Tesla isn’t a Car Company, Musk declares as he sells Robotaxi Vision to Investors
In the wake of Tesla's latest quarterly results, CEO Elon Musk made a bold reiteration of what he had always stated: Tesla isn't a car company.
This declaration comes amidst a...
Naira Hits N1,400 Against US Dollar, Further Erasing Recent Gains
The Nigerian naira experienced a significant decline on Thursday, reaching N1,400 against the US dollar on the black market. This plunge follows renewed demand...