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, […]
TCN replaces damaged transmission tower in Asokoro, Abuja
The Transmission Company of Nigeria (TCN) said that it has successfully completed the re-construction of a new transmission tower in replacement of the damaged transmission tower No 145, destroyed last month by a trailer that rammed into it, in the Asokoro area of Abuja, FCT.
Energy strategy grows Ashaka Cement’s earnings by 30%
Ashaka Cement Plc said that its energy strategy helped grow its earnings by 30 per cent, in spite of environment and operational challenges.
Why DISCOS reject power – ANED
ELECTRICITY Distribution companies, DISCOS, in apparent defence of their inability to effectively deliver electricity to the Nigerian populace have given reasons why they reject power from generation companies.
Gov. Ambode tasks ICSAN on sustainable partnership
The Lagos State Governor, Mr. Akinwunmi Ambode has tasked members of the Institute of Chartered Secretaries and Administrators (ICSAN) to come-up with a blue-print ideas that would rob positively on the state social economy.
Investor & Exporter forex window has exceeded expectations — CBN
THE Central Bank of Nigeria, CBN, has indicated that the performance of the Investor and Exporter (I&E) foreign exchange window has exceeded the expectations it had when the window was introduced in April, 2017.
