Samuel Nwite
AUTHOR: Samuel Nwite
Intel Faces Shareholder Lawsuit Amid Massive Stock Drop and Company Restructuring
Intel Corporation, the Silicon Valley giant known for its semiconductor innovations, is embroiled in legal trouble following a sharp decline in its market value.
On...
IPMAN Announces Port Harcourt Refinery’s Readiness to Meet August Deadline, As Senate Decries $1.5bn...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that the Port Harcourt Refinery is on track to meet its August 2024 deadline...
CBN Reports $25.4 billion in FX Flows and Capital Importation in H1 2024
The Central Bank of Nigeria (CBN) has announced a significant increase in net foreign exchange flows, which rose to $25.4 billion between January and...
Nigeria Abruptly Halts Sale of N40,000 Subsidized 50kg Rice to Public Servants
In a surprising and abrupt move, the government has withdrawn its recently announced plan to sell subsidized 50-kilogram bags of rice to public servants...
NNPC Urges Dangote Refinery to Secure Its Own Feedstock Amid Economic Sabotage Allegations
In his address to the Senate Ad-Hoc Committee investigating alleged economic sabotage in Nigeria's petroleum industry, Mele Kyari, the Group Chief Executive Officer of...