Samuel Nwite
AUTHOR: Samuel Nwite
Ethiopian Airlines Confirms Nigerian Government’s Withdrawal from the ‘Air Nigeria’ Project
Ethiopian Airlines has confirmed that the Nigerian government is no longer pursuing the proposed Nigeria Air joint venture. This revelation came from the Group’s...
Dangote Refinery Begins Export to West Africa, Disrupting Market for European Refiners
Nigeria’s new Dangote oil refinery is rapidly disrupting the landscape of gasoil exports in West Africa, significantly impacting European refiners.
The $20 billion refinery, heralded...
Nigeria’s Capital Importation Records 210.16% increase, Surges to $3.37bn in Q1 2024
Nigeria has witnessed a remarkable surge in capital importation, recording an impressive 210.16% increase in the first quarter of 2024, according to the latest...
Nigeria’s Debt-to-GDP Ratio Surpasses 50% for the First Time
Nigeria's debt-to-GDP ratio has crossed the 50% threshold for the first time, underscoring the country's escalating fiscal challenges, amidst growing concern about the government’s...
PZ Cussons Nigeria Reports N96.4bn Loss for FY 2024
In a stark illustration of the economic challenges gripping Nigeria, PZ Cussons Nigeria has reported a net loss of N96.4 billion for the fiscal...