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The naira earned N0.46 against the dollar at the official window

Nigeria’s currency, the naira appreciated against the American dollar at the official window on Wednesday. Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,470.62/$1, compared with N1,471.08/$1 traded on Tuesday. This represents an appreciation of N0.46 for the local currency against the American greenback. The naira closed flat against the dollar and traded at …

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Benin and Togo owe Nigeria $8.5 million for electricity supply – NERC

Neighboring West African countries Benin and Togo have failed to pay more than half of what they owe Nigeria for electricity supplied in the second quarter of 2025, the Nigerian Electricity Regulatory Commission (NERC) has revealed. According to the Commission’s Q2 2025 report, six international bilateral customers receiving electricity from Nigeria’s generation companies remitted only $9.01 million out of a …

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MCC Compact is at risk

Senator Amara Konneh of Gbarpolu County warns here that corruption remains a significant threat to Liberia’s quest for the MCC Compact. By Stephen G. Fellajuah Monrovia, Liberia; October 8, 2025 – Highlighting progress Liberia has made in securing eligibility for a second Millennium Challenge Corporation (MCC) Compact, Senator Amara Konneh of Gbarpolu County, warns here that corruption remains a significant …

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