Samuel Nwite
AUTHOR: Samuel Nwite
IMF Warns Nigeria’s Inflation May peak at 44% in 2024 as FX Crisis escalates
The International Monetary Fund (IMF) has issued a dire warning about Nigeria's economic future, citing the potential for a staggering 44% inflation rate if...
EU Announces €37m Investment in Nigerian Power Sector Amid Doubts of Impact
The European Union (EU) has declared its intention to inject €37 million into the Nigerian power sector, aiming to address the longstanding issue of...
Economic Hardship likely to spark societal unrest in Nigeria – AfDB
The African Development Bank (AfDB) has issued a stern warning regarding the potential for social unrest across Nigeria due to increasing commodity and fuel...
Societal Misalignments pose more danger to AI development – Altman
The CEO of OpenAI, Sam Altman, has voiced his concerns over the potential societal misalignments posed by rapid advancements in artificial intelligence (AI), AP...
Nigeria’s Inflation Rate Hits 29.90% in January 2024 As cost of living soars
The latest data released by the Nigerian Bureau of Statistics (NBS) paints a concerning picture of inflationary pressures across the country, with Nigeria's headline...