Samuel Nwite
AUTHOR: Samuel Nwite
About 17 out of 24 Banks Would not Meet the New CBN’s Minimum Capital...
A new report from Ernst and Young has sent shockwaves through the Nigerian banking sector, revealing that 17 out of 24 banks could potentially...
Headline Inflation in Nigeria Surges to 31.70% in February 2024
The latest data released by the Nigerian Bureau of Statistics (NBS) reveals a significant surge in headline inflation for February 2024, with the rate...
Rehabilitated Port Harcourt Oil Refinery Set to Commence Operations in Two Weeks – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has announced that the long-awaited rehabilitation of the Port Harcourt Oil Refinery is nearing completion, with operations...
Subsea Cable Failures Unleash Internet Outage Across Africa, Disrupting Economic Activities
On Thursday, a widespread internet outage hit West, Central and Southern Africa, plunging countries across the continent into connectivity chaos.
Reports from the Internet observatory...
Tinubu Withdraws Nomination of Ruby Onwudiwe for CBN Board over her support for Obi
President Bola Tinubu has decided to withdraw the nomination of Ruby Onwudiwe as a member of the Central Bank of Nigeria (CBN) board. This...