Samuel Nwite
AUTHOR: Samuel Nwite
Nigerian Banks Struggle with Liquidity Crisis, Turn to Costly Commercial Papers Amid CBN’s Tightening...
Nigerian banks increasingly rely on short-term commercial papers (CPs) to navigate liquidity challenges as the Central Bank of Nigeria (CBN) enforces stringent cash reserve...
NNPC Ltd Nears Historic Public Listing, Sets Stage for Initial Public Offering
The Nigerian National Petroleum Company Limited (NNPC Ltd) is in the final stages of listing on the capital market as it prepares for an...
Zenith Bank Reports Record-Breaking N1.03tn Profit, Capitalizing on High Interest Rates and Trading Gains
Zenith Bank has once again surpassed expectations, reporting a record-breaking profit after tax (PAT) of N1.033 trillion for the 2024 financial year, a significant...
Musk Admits Tesla Will Be Significantly Impacted By Trump’s New Auto Tariffs—But Analysts Say...
Elon Musk has acknowledged that Tesla will not escape the effects of President Donald Trump’s newly imposed 25% tariff on imported cars and auto...
Nigeria Announces Solar Panel Import Ban, Sparks Criticism Amid Growing Renewable Energy Investments
The Nigerian government has announced plans to halt the importation of solar panels in a bid to promote local manufacturing and drive the country’s...