Samuel Nwite
AUTHOR: Samuel Nwite
Nigerian Government Admits Prices May Never Return to Pre-Subsidy Levels Despite Economic Reforms
The Nigerian government has officially admitted that food prices and essential commodities may never revert to pre-subsidy removal levels, despite ongoing economic reforms aimed...
Nigeria’s Central Bank Retains MPR at 27.5% Despite Significant Drop in Inflation Rate
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has opted to retain the Monetary Policy Rate (MPR) at 27.5%, despite...
Microsoft Unveils Majorana 1, Its First in Quantum Computing
Microsoft has unveiled Majorana 1, its first quantum computing chip, marking a significant breakthrough after nearly two decades of research in the field.
The chip,...
Nigeria’s Treasury Bills Auction Records N2.41tn Amid Declining Stop Rates and Shifting Investor Sentiment
Nigeria’s latest treasury bills auction, conducted by the Central Bank of Nigeria (CBN) on February 19, 2025, witnessed significant investor interest, with total subscriptions...
Elon Musk’s X Seeks Fresh Investment at $44 Billion Valuation Amid Financial Struggles
Elon Musk’s social media platform, X (formerly Twitter), is in talks with investors to raise funds at a $44 billion valuation, Bloomberg News reports.
The...