Samuel Nwite
AUTHOR: Samuel Nwite
BRICS Announces Plan to Ditch SWIFT, Create Alternative Financial System
The BRICS alliance, an economic consortium of five major emerging economies—Brazil, Russia, India, China, and South Africa—has been steadily increasing its influence on the...
Guinness Nigeria Reports N73.6bn Pre-tax Loss for FY 2024
Guinness Nigeria Plc, one of the country's leading brewery companies, has reported a significant pre-tax loss of N73.6 billion for the financial year ending...
Nigeria’s Oil Import from Malta Hit $2.8bn in 2023, Highest in A decade: Alluding...
Nigeria's importation of petroleum products from Malta has witnessed an astronomical increase, rising 43-fold to reach a staggering $2.08 billion in 2023, the highest...
Google, Meta Fined $350m by Osun, Delta States for Non-Remittance of Withholding Tax
In a move that marks a shift in Nigeria's approach to regulatory and antitrust issues, the tax authorities of Osun and Delta states have...
CrowdStrike Cybersecurity Outage Resulted in A $5.4bn Loss for Fortune 500 Companies
The software update gone awry from CrowdStrike, a prominent cybersecurity firm, led to what is being described as the largest IT failure in history,...