Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria’s External Reserves Rise to $40.11bn, But Naira Stagnates Above N1500/$1, Raising Concerns
Nigeria’s external reserves have climbed to $40.11 billion as of July 2025, marking a significant milestone in the country’s ongoing effort to stabilize its...
Nigeria Customs Scraps Multiple Import Levies, Introduces Unified 4% FOB Charge Amid Push for...
In a sweeping reform that could reshape Nigeria’s import ecosystem, the Comptroller-General of Customs, Adewale Adeniyi, has announced the elimination of multiple levies previously...
“I No Longer Need to Lobby for FX”: BUA Cement Chairman Hails CBN Reforms,...
The Chairman of BUA Cement Plc, Dr Abdul Samad Rabiu, says the Central Bank of Nigeria’s (CBN) ongoing foreign exchange reforms have effectively eliminated...
NNPC Declares N905bn Profit in June as Statutory Remittances Hit N6.96tn — Signs of...
The Nigerian National Petroleum Company Limited (NNPC Ltd) reported a Profit After Tax (PAT) of N905 billion for June 2025, a decline from the...
Oyedele: Nigeria Would Have Become $1tn Economy if Current Reforms Happened 10 Years Ago
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, says Nigeria could have been a $1 trillion economy today if...