Samuel Nwite
AUTHOR: Samuel Nwite
Ecobank Transnational Inc (ETI) Reports Record N735.9bn Profit in 2024, Driven by Strong Interest...
Ecobank Transnational Incorporated (ETI) has reported a 179% year-on-year (YoY) increase in post-tax profit, reaching N735.9 billion ($494 million) in its 2024 consolidated financial...
Ferrari to Raise Prices by 10% in Response to U.S. Tariffs, Adding Up to...
Luxury automaker Ferrari announced a 10% price increase on several of its models following President Donald Trump’s decision to impose a 25% tariff on...
Nigerian Senate’s Proposed Same-Day Elections Bill to Curtail Cost, Voter Apathy Passes Second Reading
The Nigerian Senate has proposed to amend Nigeria’s Electoral Act 2022 and introduce same-day elections nationwide, to cut costs and curtail voter apathy.
The proposal...
Former Intel CEO Gelsinger Criticizes TSMC’s $100bn US Expansion, Says It Does Little to...
Pat Gelsinger, the former chief executive of Intel, has criticized Taiwan Semiconductor Manufacturing Company’s (TSMC) decision to invest an additional $100 billion in advanced...
Nigerian Banks Struggle with Liquidity Crisis, Turn to Costly Commercial Papers Amid CBN’s Tightening...
Nigerian banks increasingly rely on short-term commercial papers (CPs) to navigate liquidity challenges as the Central Bank of Nigeria (CBN) enforces stringent cash reserve...