RISING dollar inflows through the Investors’ and Exporters’ (I&E) Forex Window and foreign reserves accretion have stabilised the naira in the official and parallel markets.The I&E Forex Window has attracted $48 billion to the economy in 24 months, the Central Bank of Nigeria (CBN) showed in its updated report on the dollar inflows.The report also … Continue reading $48b forex inflows, $45b reserves stabilise naira
Firm to invest $26m equity on solar
Azuri Technologies plans investing $26 million on production of solar energy in Nigeria, its Chief Executive officer, Simon Bransfield, has said.He said the firm is investing the money in conjunction with Fortune Global 500 Company Marubeni Corporation, FTSE 250 Company IP Group plc and others, adding that the development would help in improving the growth … Continue reading Firm to invest $26m equity on solar
