Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria to Pay N180bn in Electricity Subsidies As NERC Fines DisCos N8.3bn for Overbilling
The Nigerian federal government is set to pay approximately N180.8 billion in electricity subsidies for power consumers in Bands B to E, whose tariffs...
Abia State Begins Payment of N17.6bn Salary Arrears to Abia Polytechnic Workers
Governor Alex Otti’s administration in Abia State has stayed on its mission to clean up the financial wreckage inherited from the previous administration of...
IMF Urges Nigeria to Expand Cash Transfer Program to Rural Areas
The International Monetary Fund (IMF) has urged Nigeria to expand its cash transfer program to include rural areas as the country grapples with deepening...
China Imposes Six Months Ban, $62m Fine on PwC for Not Disclosing Evergrande Financial...
Chinese authorities have handed down an unprecedented six-month suspension and imposed a hefty Rmb441 million ($62 million) fine on PwC China, marking the most...
Nigeria Stopped Our Plan to Construct 1,200km Subsea Gas Pipeline – Dangote Industries.
Government policies have once again been blamed for stifling economic growth in Nigeria, with the recent revelations from Dangote Industries serving as a prime...