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, […]
Oteh re-elected IOSCO’s chairperson
DIRECTOR-GENERAL Securities and Exchange Commission, SEC, Ms. Arunma Oteh, has been re-elected Chairperson of the African/Middle East Regional Committee, AMERC, of the International Organisation of Securities Commissions, IOSCO.
NPA records increase in container and vehiclar trafffic
THE Nigerian Ports Authority (NPA) has recorded an increase in container and vehicular traffic at the end of the first quarter of 2012 showing an increase over the same period of 2011.
NPA records increase in container and vehiclar trafffic
THE Nigerian Ports Authority (NPA) has recorded an increase in container and vehicular traffic at the end of the first quarter of 2012 showing an increase over the same period of 2011.
Infrastructure projects, FTZ to drive Africa’s growth
Despite the global economic crisis, Africa’s growth and development trajectory remains positive with sub-Saharan Africa set to grow at more than five percent. This was the conclusion of international investors, business and political leaders at the 2012 World Economic Forum (WEF) Africa in Addis Ababa on Africa’s remarkable transformation.
AFC to invest N480bn in sub-Saharan Africa
Africa Finance Corporation (AFC), a Lagos-based development financier, is considering potential investments worth $3 billion across sub-Saharan Africa over the next year, its chief executive has said.
