Samuel Nwite
AUTHOR: Samuel Nwite
Shareholders count huge losses as MTN Nigeria loses N177.8bn to forex
Nigeria's telecommunications giant, MTN Nigeria Plc, has released its financial report for the year 2023, revealing a substantial loss before tax amounting to N177.8...
$15,000 for directors, $10,000 for employees: Nigeria Introduces Expatriate Employment Levy to Boost Indigenous...
In a bid to bolster local employment opportunities and increase revenue, Nigeria has announced the implementation of a mandatory annual levy targeting organizations employing...
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,...