Samuel Nwite
AUTHOR: Samuel Nwite
Naira Floatation, Fuel Subsidy Removal: Nigerians Face Hard Economic Realities As Electricity Tariffs Set...
The Nigerian government’s decision to deregulate the forex market is expected to increase the nation’s rate of economic hardship as the cost of goods...
Nigeria’s Tinubu Sacks Service Chiefs, Appoints Their Replacements
President Bola Tinubu has approved the immediate retirement of all Service Chiefs and the Inspector-General of Police, Advisers, Comptroller-General of Customs from Service.
According to...
CBN Lifts Deposit Restrictions on Domiciliary Accounts, Allows $10,000 Withdrawal Per Day
The Central Bank of Nigeria (CBN) has announced the removal of cash deposit limitations on domiciliary accounts, days after the deregulation of the Nigerian...
Dangote Loses Forbe’s Africa’s Richest Man Crown, Following Naira’s Floatation
Aliko Dangote, the Chairman of Dangote Group, a leading conglomerate in Africa, is no longer the richest man in Africa, according to Forbes.
In a...
IMF Applauds Naira’s Floatation, Promises Technical Support to Help the Policy Succeed
The International Monetary Fund (IMF) has joined other voices to applaud the Nigerian government’s decision to float the naira, removing control pegs on the...