Samuel Nwite
AUTHOR: Samuel Nwite
BlackRock Acquires Adebayo Ogunlesi’s Global Infrastructure Partners (GIP) in $12.5 Billion Mega Deal
BlackRock Inc., the world's largest money manager, has announced its ambitious acquisition of Global Infrastructure Partners (GIP) for a staggering $12.5 billion, per Bloomberg.
The...
Past Failures Cast Shadow on Nigeria’s Fresh N35bn Move to Revamp Ajaokuta Steel Plant
In a fresh bid to revive the long-dormant Ajaokuta Light Steel mill, the Federal Government of Nigeria has set its sights on generating approximately...
Nigeria’s Postmortem Sub-Committee Unearths Controversial Non-Oil Excess Revenue Account Deductions
FAAC Urges Refund of N228 Billion Loan Allocated for 2023 General Elections.
In a startling revelation that threatens to undermine public trust in Nigeria's financial...
Nigerian Dollar Bond Suffers Week-long Losses Following EFCC’s Raid on Dangote’s Office
Nigeria's dollar bonds maturing in 2025 have witnessed an alarming seven-day losing streak, marking their longest decline since September, according to Bloomberg.
The sharp drop...
Google’s Restructuring Continues: Hundreds Laid Off Across Divisions, Fitbit Co-founders Exit
In a move possibly aimed at optimizing resources and aligning with its core product priorities, Alphabet's Google has announced a significant round of layoffs,...