Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria’s Industrial Sector Contracts For Ninth Consecutive Month in September 2024 – CBN
Nigeria’s industrial sector continued its contraction for the ninth consecutive month in September 2024, according to the latest Purchasing Managers’ Index (PMI) report published...
Nigerian Government Removes 63 Items from VAT (Full List)
The Federal Government of Nigeria has announced the exemption of 63 items from Value-Added Tax (VAT). This is part of a larger strategy to...
Nigeria’s Central Bank Introduces Electronic FX Matching System (EFEMS), For All FX Transactions
In a move aimed at transforming the foreign exchange market in Nigeria, the Central Bank of Nigeria (CBN) has unveiled its newest tool: the...
African Petroleum Producers Secure 45% Startup Capital to Launch $5bn Energy Bank
In a move to bridge the widening gap in oil and gas financing, several African oil-producing nations, under the aegis of the African Petroleum...
Zuckerberg Becomes World’s Second-richest Person with A $206.2bn Fortune
Mark Zuckerberg has soared to the position of the world’s second-richest person, surpassing Amazon founder Jeff Bezos with a net worth of $206.2 billion,...