Samuel Nwite
AUTHOR: Samuel Nwite
CBN Reports $25.4 billion in FX Flows and Capital Importation in H1 2024
The Central Bank of Nigeria (CBN) has announced a significant increase in net foreign exchange flows, which rose to $25.4 billion between January and...
Nigeria Abruptly Halts Sale of N40,000 Subsidized 50kg Rice to Public Servants
In a surprising and abrupt move, the government has withdrawn its recently announced plan to sell subsidized 50-kilogram bags of rice to public servants...
NNPC Urges Dangote Refinery to Secure Its Own Feedstock Amid Economic Sabotage Allegations
In his address to the Senate Ad-Hoc Committee investigating alleged economic sabotage in Nigeria's petroleum industry, Mele Kyari, the Group Chief Executive Officer of...
Nigeria to Grant Tax Breaks to Companies Increasing Workforce – Finance Minister
The Federal Government of Nigeria has unveiled an ambitious plan that includes tax breaks for companies increasing their workforce and the suspension of import...
X Sues Major Advertisers Over Alleged “Illegal Boycott”
X, the platform formerly known as Twitter, has filed a lawsuit against a group of major advertisers, accusing them of orchestrating an "illegal boycott"...