Samuel Nwite
AUTHOR: Samuel Nwite
Mobile Money Operators Executed N41.5tn Worth of Transactions Between Jan and July 2024 –...
Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed a significant surge in mobile money transactions in Nigeria, with licensed operators, including...
NNPCL Ends Exclusive Purchase Agreement with Dangote Refinery – Report
The Nigerian National Petroleum Company Limited (NNPCL) is ending its exclusive purchase agreement with Dangote Refinery, a move that opens the market for other...
Let’s Build AI Data Centers, We’re Not Going To Meet Climate Goals Anyway –...
The ongoing boom in artificial intelligence (AI) has sparked a massive surge in spending on data centers, which are essential for providing the computational...
Central Bank of Nigeria Governor Cardoso Admits Raising Interest Rates Is Painful for Borrowers
Yemi Cardoso, Governor of the Central Bank of Nigeria (CBN), recently addressed the significant economic challenges facing the nation, acknowledging the difficulty of the...
EU Imposes 45% Tariffs On Chinese EVs, Risking Costly Retaliation From Beijing
The European Union (EU) voted on Friday to impose tariffs as high as 45% on electric vehicles (EVs) imported from China, a move set...