Samuel Nwite
AUTHOR: Samuel Nwite
Electricity Distribution Companies Issue Notices of Tariff Increment to Nigerian Customers
A few days close to July 1, Electricity Distribution Companies (DisCos) have begun to issue notices of tariff increment to consumers following the naira’s...
Nigeria’s Public Debt Climbs to N49.85trn Amid Declining Revenue
Nigeria's total public debt as of March 31st, 2023, has risen to N49.85 trillion ($108.30 billion) from N46.25 trillion recorded on December 21st, 2022,...
Nigeria’s Central Bank Orders Financial Institutions to Include Social Media Accounts in KYC
The Central Bank of Nigeria (CBN) has mandated financial institutions to include social media in their Know Your Customer (KYC) applications. This new directive...
Tinubu Explains Why He Suspended Central Bank of Nigeria Governor Godwin Emefiele
Weeks after the suspension of Godwin Emefiele, the former governor of the Central Bank of Nigeria, President Bola Tinubu has explained why he made...
US Energy Department Grants Ford $9.2bn Loan to Build EV Battery Plants
The United States government has announced a conditional $9.2 billion loan for BlueOval SK (BOSK) — owned by Ford and South Korean battery producer...