Samuel Nwite
AUTHOR: Samuel Nwite
Amazon and Walmart Explore Launching Their Own Stablecoins Amid U.S. Government Support and Surging...
Retail giants Amazon and Walmart are reportedly exploring the launch of their own U.S. dollar-pegged stablecoins, according to The Wall Street Journal.
The move signals...
Oil Prices Surge 7% as Israel-Iran Conflict Escalates – But It’s Not All Good...
Global oil prices surged on Friday, marking the sharpest single-day gain in over two years, as hostilities between Israel and Iran intensified. The spike...
Nigeria’s Petrol Imports Drop by 54% as Dangote Refinery Ramps Up Supply
Nigeria’s petrol import bill plunged to N1.76 trillion in the first quarter of 2025, a sharp 54% drop from N3.81 trillion recorded in the...
Nigeria’s Finance Ministry Dismisses Reports of Collapsed $5bn Crude-Backed Loan, Says No Final Decision...
The Federal Ministry of Finance has refuted widespread media reports claiming that a proposed $5 billion oil-backed loan involving the Nigerian National Petroleum Company...
NNPCL Targets Four FIDs in First Major Move Under New Tinubu-Appointed Leadership, Reports N5.89tn...
The Nigerian National Petroleum Company Limited (NNPCL) says it is preparing to take Final Investment Decisions (FIDs) on four major projects before the end...