Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria Lost N13.2tn to FX Subsidies Between 2021 And 2023 – World Bank
The World Bank has reported that Nigeria lost a staggering N13.2 trillion due to mismanagement of its foreign exchange policy between 2021 and 2023.
This...
US Announces $325m Investment to Support Hemlock Semiconductor Michigan
The Biden administration has announced a significant investment of up to $325 million to support Hemlock Semiconductor in building a new factory in Michigan,...
Elon Musk Seeks FCC’s Permission to Launch 30,000 More Satellites, Astronomers Sound Alarm
Elon Musk’s SpaceX has renewed its push for approval to significantly expand the Starlink satellite constellation, seeking permission from the Federal Communications Commission (FCC)...
Unilever Nigeria Declares N13.96bn PBT in First Nine Months of 2024
Unilever Nigeria Plc's Profit Before Tax (PBT) rose by 30.58% to N13.96 billion from N10.69 billion recorded in the same period in 2023.
The company's...
Egypt Certified Malaria-free: Nigeria And Others Not Close
The World Health Organization (WHO) has certified Egypt as malaria-free, marking the culmination of a nearly century-long effort to eradicate the ancient disease from...