Samuel Nwite
AUTHOR: Samuel Nwite
EIU Forecasts Over 10% Currency Devaluation for Nigeria, Egypt and other African Economies in...
The Economic Intelligence Unit (EIU) has projected a challenging outlook for several African economies, predicting a significant depreciation of their domestic currencies in the...
Central Bank of Nigeria Lifts Ban on Cryptocurrency, Introduces Regulatory Framework
The Central Bank of Nigeria (CBN) has announced a monumental policy shift, effectively lifting its longstanding ban on cryptocurrency transactions within the country.
This move...
Southeast Nigeria Development Commission Bill Passes Third Reading in the House of Representatives
The long-debated South-East Development Commission Bill successfully passed the third reading at the House of Representatives on Thursday, marking a historic moment after facing...
Angola Quits OPEC Over Output Dispute, Exposing the Rift in the Oil Cartel
The Republic of Angola's abrupt departure from the Organization of the Petroleum Exporting Countries (OPEC) marks a decisive turn in the group's unity, raising...
UK Supreme Court Denies AI Recognition as Inventor, Raising Questions on Patent Law Evolution
In a groundbreaking decision, the UK's Supreme Court delivered a verdict reiterating the non-recognition of AI algorithms as inventors, marking a pivotal moment in...