Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria’s Power Sector Sees N700bn Revenue Surge in 2024, But Supply Remains Erratic
The Nigerian electricity market recorded a sharp revenue increase of N700 billion in 2024, representing a 70 percent rise in collections over the previous...
Naira Faces Fresh Devaluation Fears as Global Oil Prices Falter Amid Trump’s Tariff War
Nigeria may be inching toward another round of currency devaluation as global crude oil prices, rattled by a fresh round of tariff salvos from...
Nigerian Breweries Posts N69.9bn Pre-Tax Profit in Q1 2025, Rebounding From Currency-Driven Losses
Nigerian Breweries Plc has reported a strong comeback in its financial performance for the first quarter of 2025, bouncing back from deep losses to...
Federal Judge Rules Google’s Adtech Empire an Illegal Monopoly, Pushing Tech Giant Closer to...
In a landmark decision, U.S. District Judge Leonie M. Brinkema ruled Thursday that Alphabet Inc.’s Google violated federal antitrust laws by “willfully acquiring and...
Banks Now Willing to Fund Renewable Energy, But Poor Business Proposals and Policy Missteps...
Nigeria's energy sector appears to be on the brink of transformation, with new signals suggesting that commercial banks are now more willing to finance...