Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria Cuts Crude Import Dependence as Dangote Refinery Nears Full Capacity Under Naira-for-Crude Push
Nigeria sharply reduced its dependence on imported crude oil for domestic refining in April 2026, marking another major shift in the country’s downstream petroleum...
UK Turns to Short-Term T-Bills to Curb Soaring Borrowing Costs, But Goldman Sachs Warns...
The UK government is preparing to significantly ramp up issuance of short-term Treasury bills (T-bills) as it battles to contain rapidly rising borrowing costs,...
Microsoft Reportedly Hunts for AI Startups as It Prepares for a Future Beyond OpenAI
Microsoft is intensifying its search for artificial-intelligence startups as the technology giant moves to reduce its dependence on longtime partner OpenAI and position itself...
Cisco cuts nearly 4,000 jobs as AI boom reshapes spending priorities and fuels hyperscaler...
Cisco is cutting nearly 4,000 jobs and redirecting investment toward artificial intelligence infrastructure, signaling how the AI spending boom is rapidly transforming priorities across...
Dangote Explains Why NNPC’s Bid For 20% Refinery Stake Failed
Aliko Dangote has revealed that his refinery business deliberately blocked the Nigerian National Petroleum Company Limited (NNPCL) from increasing its stake in the $20...