Police rescue eight kidnap victims, arrest seven suspects in nationwide operations

Police rescue eight kidnap victims, arrest seven suspects in nationwide operations

By Kingsley Omonobi The Nigeria Police Force has recorded a series of operational successes across several states, rescuing eight kidnap victims, arresting seven criminal suspects and recovering stolen property in coordinated operations carried out within the last 24 hours. In Imo State, police operatives foiled a kidnapping attempt, rescued seven abducted victims unharmed and recovered […]
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BoI to channel 70% of EIB facility to drive cocoa, dairy sectors

BoI to channel 70% of EIB facility to drive cocoa, dairy sectors

By Etop Ekanem Nigeria’s foremost development finance institution, Bank of Industry (BoI) has secured a 60 million euro credit facility from the European Investment Bank to fund Nigeria’s cocoa and dairy value addition drive, with a focus on processing, ingredients and chocolate manufacturing. Managing Director/CEO of BoI, Dr. Olasupo Olusi, disclosed this during the Africa Cocoa […]

UOO commends Gov Otti’s transformation of Abia

UOO commends Gov Otti’s transformation of Abia

Speaks on 70th anniversary By Osa Amadi The Chairman of U.O.O Nigeria Plc, Nze Edozie Uche Okafor, has commended the Abia State Governor, Dr. Alex Otti, on the rapid transformation he has brought to the state within a short time. Speaking recently at the 36th Annual General Meeting (AGM) of the company held in Lagos, Edozie […]

Dollar to Naira exchange rate today, July 17, 2026

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.

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

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 […]