Samuel Nwite
AUTHOR: Samuel Nwite
Binance Executives Detained in Nigeria As Government Intensifies Cryptocurrency Crackdown
Nigeria, Africa’s largest economy, has intensified its efforts to curb speculation on the national currency, the naira, by cracking down on cryptocurrency exchanges as...
CBN allocates $20,000 FX supply to BDCs across Nigeria
In response to the persistent imbalances observed in Nigeria's foreign exchange market, the Central Bank of Nigeria (CBN) has initiated proactive steps to bridge...
Apple Scraps Electric Car Project, Redirects Efforts Towards Artificial Intelligence
In a decision that stunned both employees and industry observers, Apple Inc. announced the termination of its decade-long pursuit to develop an electric car,...
Nigeria’s central bank Increases interest rate by 400 basis points to 22.75%
Amidst mounting concerns over Nigeria's economic stability, particularly the persistent rise in inflation, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria...
Nigeria to Extend Social Security Payments to Unemployed Graduates, Introduces Consumer Credit Scheme
In a fresh move aimed at alleviating the economic challenges faced by Nigerian youths and citizens, the Federal Government announced plans to extend its...