Samuel Nwite
AUTHOR: Samuel Nwite
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...
Nigeria’s Food Crisis: FCCPC Asks Government to Allow Food Importation
The Federal Competition and Consumer Protection Commission (FCCPC) has made a compelling appeal to the Federal Government to reopen the country’s borders, enabling the...