Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria’s Dangote Oil Refinery Set to Disrupt European Gasoline Trade
The opening of the Dangote oil refinery is set not only to reshape the African energy industry but also to shake up European refineries,...
Amazon concludes $4 billion investment in AI Startup Anthropic, Its Largest Venture Investment
Deepening our commitment to advancing generative AI, today we have an update on the announcement we made to invest up to $4 billion in Anthropic...
Africa Energy Bank to Initiate Operations in 2024 with $5 Billion Capital Base
Reports from Reuters indicate that the proposed Africa Energy Bank, aimed at facilitating funding for oil and gas projects across the African continent, is...
NACCIMA Raises Concerns Over CBN’s MPR Hike; Says It Will Cripple Nigeria’s Private Sector
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has voiced its apprehension regarding the recent hike in the Monetary Policy...
Central Bank of Nigeria Raises Interest Rate to 24.75%, Urges Banks to Expedite Action...
The Central Bank of Nigeria (CBN) has implemented significant adjustments to its monetary policy stance, including a notable increase in the Monetary Policy Rate...