Samuel Nwite
AUTHOR: Samuel Nwite
Naira Appreciates As Nigeria Moves to Securitize $7bn in NLNG Dividends
The Nigerian Naira experienced a remarkable appreciation against the US Dollar on Friday, closing at N789.94 per $1 at the official market. This surge...
Google Paid $26bn in 2021 to Secure Its Position As The Default Search Engine
In a federal antitrust trial, a slide made public revealed that Google paid a total of $26.3 billion in 2021 to secure its position...
Nigerian Launches a Presidential CNG Bus Initiative
The Federal Government of Nigeria officially launched the Presidential Compressed Natural Gas Initiative (PCNGI) on Friday, in a move to reduce the cost of...
Germany Explores Limiting Migrant Remittances to Deter Immigration
As Germany grapples with regional election defeats and a rightward shift in political discourse, the government is exploring unconventional approaches to deter irregular migration,...
Musk At Risk of Defaulting on Twitter Acquisition Loan, Banks Likely to Lose $2bn
Elon Musk is reportedly at risk of defaulting on the money borrowed to fund his acquisition of Twitter, now rebranded as "X."
The acquisition, finalized...