Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria’s FX Liquidity Rebounds With net FX inflow of $15.20bn in Q1 2025 –...
Against the backdrop of falling oil prices and a stubborn inflationary cycle, Nigeria’s foreign exchange market is undergoing a quiet but profound transformation.
The Central...
World Bank Raises Nigeria’s 2025 Growth Outlook to 3.6%, Contrasts IMF’s 3.0% More Cautious...
The World Bank has projected that Nigeria’s economy will grow by 3.6 percent in 2025, a slight increase from the estimated 3.4 percent in...
Tesla Revives Robotaxi Ambitions with Internal Testing in Austin and Bay Area Amid Fierce...
Tesla has begun quietly testing its long-promised autonomous ride-hailing service among employees in Austin and the San Francisco Bay Area, as the company races...
Government, Not Shareholders, Emerges the Biggest Winner in Nigeria’s Banking Boom, Earning Over N1.16tn...
In 2024, Nigeria’s leading banks rode a wave of macroeconomic volatility to record-breaking profits. Collectively, nine top banks—Access Holdings, FCMB, Fidelity, First Holdco, GTCO,...
World’s Largest Sovereign Wealth Fund Posts $40bn Q1 Loss Amid Tech Rout and Trump...
Norges Bank Investment Management (NBIM), which oversees the world’s largest sovereign wealth fund, reported a first-quarter loss of 415 billion Norwegian kroner ($40 billion),...