Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria’s Budget Deficit to Worsen As NLNG Declares Force Majeure
Nigeria’s flood disaster that is rapidly escalating across its states has created further economic challenges for the country. In addition to over 600 deaths,...
Microsoft Lays Off 1,000 Employees As the Fear of US Recession Grows
Global economic downturn has continued to take a toll on industries, forcing tech companies to cut down workforce. Some big players in the American...
Nigeria’s Core and Headline Inflation Numbers Hit 17.1% and 20.7% Respectively
Nigeria’s Consumer Price Index (CPI) has risen to 17.1% in the month of October, according to recent data published by the Nigerian Bureau of...
Nigerian Government Explores Privatizing Its Railway Service
Following the revenue losses, corruption and underperformance that have characterized the Nigerian Railway Corporation (NRC), the federal government is exploring privatization as a means...
Nigeria Discovers Fresh Illegal Oil Pipeline with 400,000 bpd in Niger Delta
The oil theft crisis that has greatly sabotaged Nigeria’s economy by drastically reducing revenue generation keeps unraveling. Illegal oil pipelines serving as conduit to...