Samuel Nwite
AUTHOR: Samuel Nwite
Amid U.S. and European Sanctions, China’s Electric Vehicle Market Booms: Zeekr and Nio Set...
China's electric vehicle (EV) market is experiencing unprecedented growth, defying the impact of U.S. and European sanctions and forcing a competitive shift in the...
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...