Samuel Nwite
AUTHOR: Samuel Nwite
Musk Sells 7.92m Shares Worth $6.88bn to Finance Potential Twitter Deal
Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion between August 5 and 9, according to SEC filings, in a move...
Nigeria, The Only OPEC Member Which Missed Out on The Russia-Ukraine War Oil Windfall
In the wake of the Russia-Ukraine conflict that triggered oil windfall, petroleum exporting countries got an unanticipated opportunity to increase their revenue generation.
Oil prices...
Controversy Surrounds Mobil Nigeria-Seplat Deal As NUPRC Nullifies Transaction Despite Buhari Approval
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected Nigeria’s President Muhammadu Buhari consent for Seplat’s acquisition of ExxonMobil’s shallow water assets. The rejection by the upstream...
LCCI Asks Buhari to Tackle Rising Debt by Increasing Revenue
As Nigeria’s public debt compounds, stakeholders of the economy are expressing concern over its future impact on the country’s economic wellbeing.
The public debt, which...
Apple Asks Suppliers in Taiwan to Obey Chinese Custom, Label Exports “Made in China”
The potential trade barriers that will arise from the current faceoff between China and Taiwan is prompting multinational companies in the island to take...