Samuel Nwite
AUTHOR: Samuel Nwite
Nigerian Senate’s Proposed Same-Day Elections Bill to Curtail Cost, Voter Apathy Passes Second Reading
The Nigerian Senate has proposed to amend Nigeria’s Electoral Act 2022 and introduce same-day elections nationwide, to cut costs and curtail voter apathy.
The proposal...
Former Intel CEO Gelsinger Criticizes TSMC’s $100bn US Expansion, Says It Does Little to...
Pat Gelsinger, the former chief executive of Intel, has criticized Taiwan Semiconductor Manufacturing Company’s (TSMC) decision to invest an additional $100 billion in advanced...
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...