Samuel Nwite
AUTHOR: Samuel Nwite
Afreximbank Disburses $40 Million to Fidelity Bank for Acquisition of Union Bank UK
In a move aimed at bolstering African financial integration, the African Export-Import Bank (Afreximbank) has announced the disbursement of a $40 million Intra-African Investment...
Economist Bismarck Rewane Charges Nigeria to Save the Telecom Sector from Collapse
The Chief Executive Officer (CEO) of Financial Derivatives Company, Bismarck Rewane, has called on the Nigerian government to intervene in the telecommunications sector, warning...
Nigeria Records N6.52tn Trade Surplus in Q1 2024, Driven by Surge in Exports
Nigeria has achieved a significant trade surplus of N6.52 trillion in the first quarter of 2024, marking a remarkable recovery from the trade deficits...
Nigeria’s Trade Surplus: “Naira Devaluation Fuels Export Boom” – Nigeria Customs Service
Timi Bomodi, comptroller of the Seme command of the Nigeria Customs Service (NCS), highlighted the positive impact of the naira devaluation on the country’s...
Nigerian Government Concludes Sale of Five Power Plants for $1.15bn
The Federal Government of Nigeria has finalized the sale of five power plants under the National Integrated Power Projects (NIPPs) for approximately $1.15 billion.
This...