Samuel Nwite
AUTHOR: Samuel Nwite
Turbulent Times in Semiconductor Stocks Following Nvidia’s Market Cap Decline
The global semiconductor market has been on a rollercoaster ride, with significant volatility experienced on Tuesday. This came in the wake of a dramatic...
Nigeria’s Foreign Exchange Market Sees Record $24bn Inflows in Q1 2024
Nigeria has recorded a remarkable increase in foreign exchange inflows, with a total of approximately $24 billion entering the country in the first quarter...
CBN Authorizes IMTOs to Sell Forex on Official Market to Boost Remittance Flows
In a significant policy shift aimed at bolstering foreign exchange liquidity and enhancing the formal channels of remittance inflows, the Central Bank of Nigeria...
Potential U.S. Ban on TikTok Threatens Oracle’s Business
Oracle Corporation, a major player in the software and cloud infrastructure market, has acknowledged in its annual report that a potential U.S. ban on...
Shortage of Crude Oil Supply to Delay Dangote Refinery’s Plan to Hit Market in...
The much-anticipated launch of Dangote Oil Refinery’s petrol supply operations in Nigeria, initially slated for July, is facing significant delays due to a critical...