Samuel Nwite
AUTHOR: Samuel Nwite
African Development Bank Approves $500m Loan to Nigeria for Energy Transition and Economic Governance
The African Development Bank Group has approved a $500 million loan to Nigeria, marking a significant step toward transforming the nation’s electricity infrastructure and...
Nigeria’s Currency in Circulation Reaches Historic High at N4.05trn: Economists Finger PoS Operation
Nigeria's economy is witnessing an unprecedented surge in the currency in circulation (CIC), which reached an all-time high of N4.05 trillion in June 2024,...
Nigeria’s House of Reps Committee Calls for Halt on NNPCL’s Planned $2 Billion Crude...
In a decisive intervention, the House of Representatives Special Joint Committee investigating the factors undermining Nigeria's petroleum sector has directed the Nigerian National Petroleum...
World Bank Restructures $350 Million Loan for Nigeria’s Electrification Project, Extends Deadline to 2024
In a development aimed at bolstering Nigeria's energy infrastructure, the World Bank has restructured a $350 million loan to the country. This restructuring is...
FCCPC’s $220m WhatsApp Fine: WhatsApp Reportedly Threatens to Shut Down Operation in Nigeria
Last month, Nigeria's Federal Competition and Consumer Protection Commission (FCCPC) imposed a $220 million fine on WhatsApp, citing data privacy violations.
The fine, one of...