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External reserves now $52bn, as net reserves exceed $40bn

•Reforms restore investor confidence •Bigger banks will drive growth – Cardoso By Babajide Komolafe Governor of the Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso, yesterday, said Nigeria’s external reserves have risen to about $52 billion, while net external reserves have exceeded $40 billion. He attributed the improvements to reforms that have restored investor confidence and […]

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Dollar to Naira exchange rate today, July 17, 2026

The Nigerian naira traded within a relatively stable range against the United States dollar on Friday, July 17, 2026, as the official Nigerian Foreign Exchange Market (NFEM) continued to reflect modest day-to-day movements, while the parallel market maintained a premium over the official window.

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Kogi announces successful rescue of kidnapped victims in Dekina

The Kogi State Government has announced the successful rescue of the four persons kidnapped during the recent attack on an unauthorized examination center in Olowa, Dekina Local Government Area of the State. The Commissioner for Information and Communications, Kingsley Femi Fanwo, disclosed this in a statement on Thursday, describing the rescue as the outcome of […]

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Obi urges EFCC to focus on strategic priorities, leave Randy Peter, Mama Pee alone

By Henry Umoru, ABUJA The Presidential Candidate of the Nigeria Democratic Congress (NDC) ahead of the 2027 elections, Peter Obi, has urged the Economic and Financial Crimes Commission (EFCC) to focus its attention on major corruption cases and other strategic priorities rather than pursuing social media activists. Obi made the call through the Peter Obi […]

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Panic in Benue communities as residents report influx of suspected armed herdsmen

Fresh tension has gripped several communities in Logo Local Government Area, LGA, of Benue State following reports of an influx of suspected armed herdsmen into parts of the council, sparking fears of possible attacks on residents.

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