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The Naira yesterday appreciated to N1,405 per dollar from N1,410 in the parallel market on Wednesday. Likewise, the naira appreciated to N1,322.5 per dollar in the Nigerian Foreign Exchange Market, NFEM.
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•As DISCOs meter 308,106 Nigerians in 2 months By Ediri Ejoh The Nigerian Electricity Regulatory Commission, NERC, yesterday said the Electricity Distribution Companies, DisCos, in Nigeria delivered about 308,106 meters to their customers between May and June 2026. In its latest Metering Status of Distribution Companies Factsheet for May and June 2026, NERC said total […]
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By Elizabeth Adegbesan Credit to the private sector declined month-on-month (MoM) by 15.3 percent to N33.9 trillion in July 2026 from N40.03 trillion in June 2026. The Central Bank of Nigeria, CBN, disclosed this in its Money and Credit Statistics Data for the review period. Breakdown of the data also shows that credit to government […]
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