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, […]
Power generation hits 4350MW as epileptic supply persists
The country’s power generation rose to a peak of 4, 351.70 Mega Watts, MW on Friday, even as power supply remains abysmally epileptic.
Fuel Scarcity: Loading resumes in Ejigbo satelite depot
THE scarcity of petrol is expected to be eased up in Lagos and its environs, as the Nigerian National Petroleum Corporation, NNPC said it has resumed loading at Ejigbo.
Five companies already applied for bancassurance – NAICOM
The National Insurance Commission, NAICOM, has said that only five companies have so far applied for bancassurance license after the release of the revised guidelines on bancassurance partnership in the sector.
ICRC, others to re-negotiate concession agreement of TBS
BHS international, the concessionaire of the Tafawa Balewa, TBS, the Bureau for Public Enterprise, BPE and the Infrastructure Concession and Regulatory Commission, ICRC yesterday commenced moves to re-negotiate the concession agreement of the square.
Nigeria’s romance with Hot Money
Nigeria has severally enjoyed the sweetness and bitterness of Hot Money.
