I&E Forex Window

News

EFCC Probes Beneficiaries Of Forex Allocations, Raids Dangote Headquarters In Lagos

Aina Ojonugwa, THEWILL -
January 04, (THEWILL) - Operatives of the Economic and Financial Crimes Commission (EFCC), on Thursday, raided the headquarters of the Dangote Group in Lagos. While details of the incident are sketchy, THEWILL gathered that the raid may not be...
Business

Naira Deepens To N869.91/$ On Official Window Amid Uncertainties Over Parallel Market Gains

Sam Diala, THEWILL -
November 08, (THEWILL) - The naira plunged deeper to N869.91 per dollar on the Nigerian Autonomous Foreign Exchange Market (NAFEM), formerly Investors’ and Exporters’ (I&E) window, on Tuesday as shown on the FMDQ website. This was the lowest depreciation in...
Business

CBN Faults JP Morgan’s Report On Forex Reserves

Sam Diala, THEWILL -
August 24, (THEWILL) - The Central Bank of Nigeria (CBN) has faulted the bank’s financial accounts estimation published by JP Morgan, raising concern over the motive. The apex bank spoke through its Director, Monetary Policy Department, Dr Hassan Mahmud, during...
Business

CBN’s Naira Float Policy: Daily Market Turnover Rises 444% To $311m On I&E Window

Sam Diala, THEWILL -
June 17, (THEWILL) – Daily market turnover rose to $311.82 million Friday at the I&E forex window - two days after the Central Bank of Nigeria (CBN) announced the Naira floating policy, This represents a 444 percent surge from...
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Latest News

FeaturesSegun Adeyemi, THEWILL -

Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
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