Nigeria: 30 Foreign Investors Eye Acquisition of 10 Power Plants
The Federal Government, Monday, said at least 30 investors have indicated interest in acquiring 10 power plants that it plans to sell.
The Federal Government, Monday, said at least 30 investors have indicated interest in acquiring 10 power plants that it plans to sell.
The Central Bank of Nigeria left its benchmark interest rate unchanged for an eighth consecutive meeting as inflation exceeded the bank’s target.
The Central Bank of Nigeria (CBN) has announced that the Nigeria aggregate foreign capital inflows in the last quarter of 2012 stood at $6.07 billion against $3.43 billion and $3.24 billion recorded in Q2, 2012 and Q3, 2011. This shows increases of 87.39 and 77.09 per cent, respectively.
International Finance Corporation (IFC), a member of the World Bank Group, has agreed to provide N800 million (about $5 million) loan to Lift Above Poverty Organization Microfinance Bank (LAPO).