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Investors and Exporters

Nigeria’s external reserves hit $40.3 billion

Investors have injected $5.23 billion through the Investors and Exporters (I&E) foreign exchange (forex) window in four weeks while the Central Bank of Nigeria, CBN, has intervened in the forex market with $986 million since the beginning of the year.

Take time to study records of President Buhari’s achievement before criticising – Presidency tells...

The Presidency has appealed to former Speaker of the House of Representatives, Ghali Na’Abba, to take a second look at Muhammadu Buhari administration’s achievements since its inception on May 29, 2015.

Naira to hit N360 per dollar at investors’ forex market

The naira is expected to firm slightly to 360 per dollar at the Central Bank of Nigeria’s Investors and Exporters Foreign Exchange window next week as trading picks up after the Christmas and New Year holidays.

Fitch Rating issues warning on profitability of Nigerian banks

Fitch Rating agency yesterday warned that Nigerian banks will struggle to sustain the same level of profitability this year due to reduction in government borrowing through treasury bills (T-Bills).

Central bank weakens naira to 307/dollar for first time

The Central Bank of Nigeria on Monday weakened the naira marginally, selling dollars at 307 for the first time on the official interbank market.

Nigeria’s external reserves hit $34bn – Central bank

The nation’s external reserves have hit $34bn from $33.6bn attained on October 25, the Central Bank of Nigeria has stated.

Naira crashes against dollar, other currencies

The Naira, yesterday, crashed in the parallel market, Investors and Exporters (I&E) window.

Naira depreciates in parallel market

The Naira depreciated yesterday to N365 per dollar in the parallel market.

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Babatunde Fashola: APC did not promise to transform Nigeria in four years

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INEC removes names of 1,931 dead persons from Kaduna voters’ register

The Independent National Electoral Commission (INEC) says it has detected and removed the names of 1,931 dead persons from the voters’ register in Kaduna State, ahead of the 2019 elections.

Shehu Sani: I represented Kaduna Central to the best of my ability

The Senator representing Kaduna Central in the red chamber, Senator Shehu Sani has said he has represented the Kaduna central to the best of his ability.
Southampton striker Michael Obafemi has made his international debut for Ireland, snubbing both Nigeria and England.

Micheal Obafemi snubs Super Eagles, debut for Ireland

Southampton striker Michael Obafemi has made his international debut for Ireland, snubbing both Nigeria and England.
Footage showing a recent Boko Haram attack in north-east Nigeria. | AFP | Getty Images

Boko Haram kills 53 in fresh attacks

Boko Haram jihadists have killed 53 soldiers and farmers in three days of attacks in northeastern Nigeria, security sources said Tuesday, in a new show of force ahead of February elections in the West African country.