The Managing Director, Financial Derivatives Company Limited, Mr. Bismarck Rewane, has said that the naira will come under intense pressure this year. Rewane said in an interview with our correspondent that the new members of the Monetary Policy Committee would need to find a way to support the currency. “I […]
Tag: Power Sector
Foreign investors seen warming to Nigeria’s power sector-official
* Most power assets have so far gone to local oligarchs * Power task force head says foreign interest growing * Nigeria selling sector to try to end crippling blackouts The initial sell-off of state power assets, designed to end decades of electricity shortages, mostly attracted local oligarchs, while foreign […]
PwC to partner companies on power sector privatisation
Pricewaterhouse Coopers, a multinational professional services firm headquartered in London,has expressed its readiness to partner companies on the power sector privatisation. A report obtained by the organisation on Thursday said the entire process was full of challenges, adding that a firm political will and complete active support by the government […]
