Samuel Nwite
AUTHOR: Samuel Nwite
FTX Files for Bankruptcy As CEO Bankman-Fried Steps Down
FTX has filed for bankruptcy in the U.S. following the financial crisis that has erased the company’s fortune, forcing it to seek bailout from...
Nigeria’s GDP Recorded 3.11% Growth in Q1 2022 – NBS
Nigeria’s real Gross Domestic Product (GDP) recorded on a year-on-year basis, 3.11% growth at basic prices in Q1 2022, according to a report published...
Binance Calls Off Deal to Acquire FTX, Further Plummeting Crypto Market
Hours after its proposal to acquire FTX, one of the world’s largest crypto exchanges by volume, Binance, has announced that it is backing out...
Mark Zuckerberg’s Letter to Sacked 11,000 Meta Employees
On Wednesday, Facebook’s parent company Meta announced that it is laying off 11,000 employees, 13% of its workforce, in an unprecedented move to mitigate...
EFCC Appeals Court Judgment Committing Its Chairman Bawa to Prison
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has appealed the judgment of an Abuja Federal High Court that convicted its Chairman,...