For example, in Nigeria, if you withdraw money at the Bank ATM you get 320 Nigerian
Naira per Dollar.
Again, poor Nigerians are being paid 5,000
naira per month, again, this has never happen before, it is a form of Social Security.
With the serious hazards attached to their job no police man or woman should earn less than 80000
Naira per month.
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
Not exact matches
The exchange rate now is over N270
per dollar, even as depreciation of
naira is having a telling effect on the economy.
Last week, the global news cycle quickly pivoted from the Christmas attacks to President Goodluck Jonathan ending a long - standing fuel subsidy, sending fuel prices skyrocketing from 60 to 140
naira (# 0.57)
per litre.
Vanguard survey of parallel market exchange rate in major cities shows that while there were slight increases in demand for foreign exchange, the
Naira remained firm at N295
per dollar.
LAGOS — The
Naira remained stable at N295
per dollar in the parallel market, yesterday, as Bureau de Change, BDC, operators await the release of modalities on how to source dollars from autonomous sources.
Last week, the value of the
Naira recorded the highest and fastest gain of 11.9
per cent, at parallel market, in over three years.
Nigerian stocks had previously rallied 8.5
per cent after the government floated the
naira and ended a highly controversial currency peg.
The Central Bank of Nigeria, CBN, has refuted some spurious and grossly uninformed claims suggesting that about 20
per cent of the
Naira currency notes in circulation are counterfeited.
«We therefore challenge the said former CBN official to make public the empirical evidence suggesting that 20
per cent
Naira currency in circulation is fake.
By Babajide Komolafe The
naira, Wednesday, depreciated further to N305
per dollar as scarcity of dollars intensified in the parallel market.
Per capita income has declined for three straight years in
Naira from N370, 191.76 in 2014 to N343, 874.36 by 2017; in dollar terms the diminished income of the average person is more stark - from $ 2,334.82 in 2014 to $ $ 1,124.82 by 2017.
On June 20, 2016, the
naira was devalued from N285 / $ 1 to N305 / $ 1, which is an increase of seven
per cent, but the fixed pump selling price of petrol has not been increased.
Are you into molding, Building, construction here is an opportunity individuals can now Order 3XCement (Grade 42.5 R) directly from the factory at a promo price of 1,400
Naira transportation is 300
Naira for
per bag minimum for purchase is from 1OO bags and above buyers can also order a trailer load of 600 bags and 900 bags kindly contact sales manager Mr Ojekere on -LCB- 0706538 / 3208 -RCB- or assistant sales manager Mrs Mary on -LCB- 0813206 / 6216 -RCB- cost for Booking is made before delivery..
«With foreign reserves at lows of US$ 28.7 billion and oil prices at US$ 29.47
per barrel, a compelling argument to devalue the
Naira at the next Monetary Policy Committee (MPC) meeting can not be jettisoned», it stated.
They are also worried that despite the huge crash in value of the
Naira against world's major currencies, CBN maintained its official rate at N197 / USD1 thereby creating wider parallel market margin of about 50
per cent, the highest so far in the history of Nigeria's currency market.
Prices have increased from 65
naira ($ 0.40; # 0.26)
per litre to at least 140
naira in filling stations and from 100
naira to at least 200 on the black market, where many Nigerians buy their fuel.
In 2004, a Nigerian arbitral tribunal made an award of «$ 152,195,971 plus
Naira 5m plus interest at 14 %
per annum» in IPCO's favour.