Naira loses further to dollar by 0.08%

By Lydia Ngwakwe Naira exchanged at N461.75 to the dollar at the Investors and Exporters window on Friday. The rate represented a further depreciation by 0.08 per cent, compared with the N461.40 which it exchanged to the dollar on Thursday. The open indicative rate closed at N461.33 to the dollar on Friday. An exchange rate […]

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No word from pirates who seized sailors off Nigeria, Turkey says

Pirates who seized 15 sailors when they stormed a Turkish-crewed container ship in the Gulf of Guinea two days ago have not yet made contact with authorities, Turkey’s foreign minister said on Monday. An Azeri sailor was killed when armed attackers boarded the vessel, which was headed to Cape Town from Lagos, and abducted 15 […]