Sentences with phrase «n10billion naira»

Forte's pretax profit nearly doubled in 2017 to 10.63 billion naira, though sales fell by 15 percent to 129.4 billion naira, the company said in March.
($ 1 = 305.20 naira)(Reporting by Chijioke Ohuocha; Editing by Adrian Croft and Susan Fenton)
It now has a total market value of 57.3 billion naira ($ 188 mln) but gave no indication on Wednesday of how much the businesses for sale might fetch.
I can not count how many millions of naira.
Nigeria's state revenue for February of this year edged up by 19 billion naira ($ 53 million), it was announced Thursday.
Pls I reside in Nigeria and our credit cards are not in dollar but naira and we use verve, visa and MasterCard.
A decent war chest is worth having in case the naira needs defending.
A year ago, on that day, the currency rate Australian Dollar to Nigerian Naira was: 234.635.
You have converted 150 Australian Dollar to Nigerian Naira.
How much is $ 150 Australian Dollar to Nigerian Naira?
Yes Abra will work in Nigeria but note that the Naira will not be supported in the first release.
Residents talk about the collapse of the naira, Nigeria's currency, caused by the slump in oil revenues, which are crucial for Africa's biggest economy.
The currency fell to about 300 naira to the dollar in Nigeria's black market, down from about 240 early last month.
Regarding Nigeria, the app will be available in that country but as of right now the naira will not be one of the supported currencies.
And trading in the naira has long since dried up.
Customers from our countries of operation sometimes search for the price of Bitcoin in their home currency: the Indonesian rupiah (IDR), South African rand (ZAR), Nigerian naira (NGN) or Malaysian ringgit (MYR).
This forced the central bank in November to devalue the naira, raise interest rates and tighten monetary supply.
Nigeria's economy, despite its substantial oil production (it is the fourth - leading supplier of oil to the U.S.), declined precipitously in the 1980s: at the beginning of that decade a naira was worth more than a dollar, while today's going rate values the naira at less than a dime.
His Companies Are Worth Half Of The Nigeria Stock Exchange (Mind The Stock Exchange is Worth Trillions In Naira And Billions In Dollars) And Ordinary Citizens Own Shares In It And It Profits Them Well..
currently, it's One pound to 290 Naira....
Naira Marley chats about his track, life as an Arsenal fan and also his favourite players in the Nigeria national team.
Wenger shud b sacked if he do nt won resign.hw can i b paying 50 naira per match for evry wk wtout result.we ve money to quality player, let discard som n introduce new quality one.i rest my case
He is being arraigned before Justice A. R. Mohammed over a 9 - count charge bordering on money laundering to the tune of 3.1 billion Naira.
Yakmut who took the action before the appointment of the sports minister had informed journalists that it did not make sense paying Taylor and Campbell a whopping N2 million and N1.5 million naira monthly without them rendering the services for which they were employed.
«Farmlands costing billions of naira have been destroyed in states in the south - west, south - east and north - central zones of the country.
«In the light of the foregoing and in the spirit of second chance, we have our client's instructions to give you an ultimatum of seven days from the receipt / date of this letter to issue an apology in three national dailies, your facebook page, two widely read blog sites and payment of N100 million naira compensatory damage to avoid a N10 billion naira defamation suit.»
«But most of the trucks that were loaded with goods for export to Chad and the border communities were destroyed and commodities worth millions of naira may have been destroyed,» said Mr. Ibrahim, a businessman from Taraba State.
The Ogun State Police Command has announced five million Naira reward offer to anyone with useful information that could lead to the rescue of the abducted Senator Iyabo Anisulowo.
We established the Agro Rangers Unit within the Nigeria Security and Civil Defence Corps to protect the billions of naira of investments recorded in Nigeria's agricultural sector across the country.
In a statement in Lagos on Saturday, the Minister of Information and Culture, Alhaji Lai Mohammed, also disclosed that Recoveries Under Interim Forfeiture (cash and assets) during the period totaled N126, 563,481,095.43 (One hundred and twenty six billion, five hundred and sixty three million, four hundred and eighty one thousand, and ninety five Naira, forty three Kobo; $ 9,090,243,920.15 (Nine billion, ninety million, two hundred and forty three thousand, nine hundred and twenty Dollars, fifteen cents; 2,484,447.55 Pounds Sterling (Two million, four hundred and eighty four thousand, four hundred and forty seven Pounds, fifty five Pence) and 303,399.17 Euros (Three hundred and three thousand, three hundred and ninety - nine Euros, 17 cents).
The value of items destroyed is several millions of naira, as I just stocked for the New Year.
From their current standpoint, what the masses expect from the VP in my views is not the announcement but, a template in place for ensuring «that every dollar / naira in revenue would be properly accounted for and would reach the beneficiaries at the grassroots as one dollar, without being siphoned off along the way; block the areas where discretionary powers had been exploited for personal gains and sharpened the instruments that could prevent, detect or deter such practices».
An inferno has razed down a filling station, 15 vehicles, and some nearby buildings along the Upper New Market Road, Onitsha, destroying property worth millions of naira, on Wednesday night.
The command in the same vein debunked media report of 200 million Naira being demanded by the abductors, saying nothing of such has been communicated by her abductors
We can use the local government secretariats and traditional rulers to send the message of attitudinal change toward the naira.
Modified Table Adapted from Professor Bolaji Aluko and Ike Okwuobi who provided the Naira — to dollar exchange rates for the years 1978 - 2012.
A few hours later they changed their story and said that I received 1.7 billion naira from the office of the former NSA, Colonel Sambo Dasuki.
One of the counts reads: «That you, Mrs. Diezani Allison Madueke (still at large) and Tijani Inda Bashir on or about the 27th day of March, 2015 in Nigeria within the jurisdiction of this Honourable Court directly took possession of the sum of N264, 880,000.00 (Two Hundred and Sixty - four Million, Eight Hundred and Eighty Thousand Naira) which sum you reasonably ought to have known forms part of the proceeds of an offence contrary to Section 15 (2)(d) of the Money Laundering (Prohibition)(Amendment) Act, 2012 and punishable under Section 15 (3) of the same Act.»
Malami was responding to enquiries about the claim that Buhari's administration had jettisoned the probe into the Halliburton and Siemens corruption scandals, in which Nigeria lost billions of Naira to high - ranking Nigerians who held sway at the time.
With the present revelation that several billions of Naira has been discovered in the sitting governor's account, it is a confirmation that the governor is corrupt.
He said that the naira is like our national flag; we need to do the needful to put it in its rightful position.
The court granted them bail in the sum of 100 million naira each and one surety each who shall be not less than a Director, Grade Level 12 in the employment of the federal, state or local government.
The naira weakened further against the dollar at the parallel market on Monday, exchanging at N357 for a dollar as against N350 it traded on Friday.
Miffed by the constant abuse of the naira, the Central Bank of Nigeria (CBN) and the National Orientation Agency (NOA) have joined forces to launch grassroots campaign against naira abuse across the 774 local government areas of the country.
Other items recovered include 2 mobile phones, 2 horses and 7000 Naira cash.
While addressing the court, the prosecution counsel, Rotimi Oyedepo, told the court that the second defendant, Adedoyin, benefited the sum of N28million out of the N70, 050,000.00 (Seventy Million, Fifty Thousand Naira) he collected from the third defendant, Bashir, during the 2015 general election.
The Federal Government made cash recoveries totaling N78, 325,354,631.82 (Seventy eight billion, three hundred and twenty - five million, three hundred and fifty - four thousand, six hundred and thirty one Naira and eighty two kobo); $ 185,119,584.61 (One hundred and eight five million, one hundred and nineteen thousand, five hundred and eighty four US dollars, sixty one cents); 3,508,355.46 Pounds Sterling (Three million, five hundred and eight thousand, three hundred and fifty - five Pounds and 46 Pence) and 11, 250 Euros (Eleven thousand, two hundred and fifty Euros) from 29 May 2015 to 25 May 2016.
The data is unambiguous on current economic conditions - GDP growth in the last quarter of 2015 was a meager 2.11 % with full year growth of 2.79 % according to the National Bureau of Statistics (NBS); inflation rose sharply to 11.4 % in February with prospects of reaching 12 % by March; capital markets have remained bearish; according to UNCTAD Nigeria's FDI fell by 27.7 % to $ 3.4 billion in 2015, and on current trends may fall even more precipitously in 2016; the de facto exchange rate of the Naira for most producers and consumers is now N322 / $ even though CBN maintains a nominal N197 / $ for privileged persons; several economic sectors - construction, government, manufacturing, oil and gas and hotels and restaurants are in recession or barely out of it; government's official foreign reserves is down to $ 27.8 bn; and unemployment and under - employment rates have worsened 10.4 % and 18.7 % by the end of 2015.
In his reaction, Fayose, said he was not surprised that the APC in Ekiti State raised the ridiculous allegation, adding that the same APC people took side with Fulani herdsmen when they killed people in Oke - Ako, Ekiti State and destroyed farmlands worth several millions of naira in the State.
The exchange rate now is over N270 per dollar, even as depreciation of naira is having a telling effect on the economy.
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