Samuel Nwite

6 days ago | tekedia.com | Samuel Nwite

Global credit ratings agency Moody’s has upgraded Nigeria’s long-term foreign currency rating from Caa1 to B3, citing meaningful improvements in the country’s external and fiscal positions following key macroeconomic reforms introduced under President Tinubu’s administration. The outlook has been adjusted from “positive” to “stable,” signaling renewed global confidence in Nigeria’s economic direction but also a […]

2 months ago | tekedia.com | Samuel Nwite

The United States is standing at an economic crossroads, with recession fears rising sharply as President Donald Trump doubles down on his aggressive tariff policies. A Deutsche Bank survey now puts the chances of a U.S. economic downturn at 43% over the next 12 months. As growing trade tensions continue to rattle markets, businesses, and […]

Feb 23, 2025 | tekedia.com | Samuel Nwite

The General Services Administration (GSA), the federal agency responsible for managing government-owned buildings and vehicle contracts, is set to shut down all its electric vehicle (EV) chargers nationwide, calling them “not mission critical.” According to The Verge, the agency is also moving to offload thousands of newly purchased EVs, effectively dismantling the Biden administration’s efforts […]

May 18, 2023 | tekedia.com | Samuel Nwite