Samuel Nwite
AUTHOR: Samuel Nwite
Nigerian Government Removes 63 Items from VAT (Full List)
The Federal Government of Nigeria has announced the exemption of 63 items from Value-Added Tax (VAT). This is part of a larger strategy to...
Nigeria’s Central Bank Introduces Electronic FX Matching System (EFEMS), For All FX Transactions
In a move aimed at transforming the foreign exchange market in Nigeria, the Central Bank of Nigeria (CBN) has unveiled its newest tool: the...
African Petroleum Producers Secure 45% Startup Capital to Launch $5bn Energy Bank
In a move to bridge the widening gap in oil and gas financing, several African oil-producing nations, under the aegis of the African Petroleum...
Zuckerberg Becomes World’s Second-richest Person with A $206.2bn Fortune
Mark Zuckerberg has soared to the position of the world’s second-richest person, surpassing Amazon founder Jeff Bezos with a net worth of $206.2 billion,...
OpenAI Secures A $4bn Credit Line, A Day After Closing $6.6bn Round
OpenAI has secured a $4 billion revolving credit line, adding to the momentum following its $6.6 billion funding round, cementing its position as one...