Forex inflow rises 36.5% to $33.76bn in five months
By Elizabeth Adegbesan Nigeria’s net foreign exchange (forex) inflow rose by 36.5 percent year-on-year (YoY) to $33.76 billion in the first five months of 2026 (5M’26), from $24.72 billion in the corresponding period of 2025 (5M’25). The increase came amid ongoing efforts by the Central Bank of Nigeria (CBN) to deepen the foreign exchange market, […]
Elumelu backs Delta as investment destination, seeks power sector partnership
By Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko Akuopha Chairman of Heirs Holdings, Mr. Tony Elumelu, has endorsed Delta State as one of Nigeria’s emerging investment destinations, declaring that the state is ready for profitable investments while calling for a partnership with the state government to unlock its huge power potential. Speaking at the […]
Shettima woos investors with Delta’s vast economic potential
…Advocates healthy rivalry among states …Says comparative advantage holds key to prosperity By Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko Akuopha ASABA—Vice President Kashim Shettima, Monday, urged local and foreign investors to take advantage of Delta State’s enormous economic potential, declaring that healthy competition among states, driven by their comparative advantages, remains the surest […]
Delta unveils $100m fund to attract investors
…Provides N137.8bn fund to de-risk private investments ..Vows speedy execution of investment agreements By Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko Akuopha ASABA — Delta State Government has announced a $100 million, equivalent to N137.8 billion, as a Viability Gap Fund to de-risk private sector investments, pledging the speedy execution of agreements reached at […]
Delta can rival Lagos as Nigeria’s growth engine – Okonjo Iweala
“These opportunities were not available 10 or 15 years ago. The question is whether we will seize them or allow them to go elsewhere”
Avuru outlines roadmap to build competitive Delta economy
…Advocates maritime reforms, industrial parks, commercial agriculture By Babajide Komolafe, Economy Editor & Egufe Yafugborhi ASABA—Founding Chairman, Seplat Energy and Chairman of the Delta State Economic and Investment Summit, Mr. Austin Avuru, has outlined a roadmap for building a competitive Delta economy, urging the state government to prioritise maritime reforms, industrial parks and commercial agriculture […]
