Sentences with phrase «into naira»

Even though you provided help via Bitcoin, your Bitcoins, anyway, were recalculated into the Naira at the exchange rate at the moment of providing help, and you were credited with Mavro - Naira in your PO.

Not exact matches

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.

The CBN injected over 500million dollars into the market, to boost liquidity, but the Naira continued to depreciate.

You don't throw a man into the can (from which he didn't come out alive), kill his wife by state - sponsored terror, ruin his multi-billion Naira business and throw his family into disarray — just because he won a free election.

For instance, Techsel Products Limited, Gasons Nigeria Limited and many others are few of the companies owned by Mr. Nsima Ekere and brothers and currently handling different NDDC projects running into billions of Naira.

The lawmaker further said that while some had alleged that the investigation was a sham, some of the indicted companies had started refunding monies running into billions of Naira to Federal Government.

Within this year alone, the Commission recovered stolen assets running into several millions of US Dollars and billions in naira.

From the President who has refused to act on investigative reports submitted to him on grievous allegations of diverting over a billion naira meant for resettlement of Internal Displaced Persons (IDPs) by the Secretary to the Government of the Federation, Babachir Lawal under the Presidential Initiative for the North East (PINE) and the miraculous discovery of 13billion naira in an apartment at Ikoyi, Lagos under the supervision of the Director of the Nigerian Intelligence Agency (NIA), Ayodele Oke, to the Head of Service of the Federation, Oyo - Ita Winifred Ekanem, who connived with others to reinstate into active duty and promote Abdulrasheed Maina, the former Chairman of the Pension Reform Task Team, who allegedly stole over 6billion naira pension fund; the Chief of Staff to President Buhari now renamed the «Thief of Staff», Abba Kyari, who allegedly received a bribe of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart of every sharp practices in the Presidency; the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister of Justice, Abubakar Malami, who was the brain behind the reinstatement of Abdulrasheed Maina; the Chief of Army Staff, General Tukur Buratai who during his time as the Director of Procurement at the Army Headquarters allegedly diverted funds meant to equip the Military into buying choice properties worth millions of dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost contracts worth $ 930,500,690 with others while as the Chief of Army Staff between 2008 - 2010 and one of the brains behind the reinstatement of Abdulrasheed Maina; the Minister of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor of Rivers State.

He informed his audiences at the various locations where he was received with fanfare that with the cantankerous and combative stance of the the present administration, Ekiti state is losing out on billions of Naira that could have come into the state in form of support from many of the intervention initiatives by the federal government to cushion the effect of the recession and restore the economic health of the nation.

Reports say Diezani summoned the bank chief to her Abuja home and told him to prepare to receive foreign currency running into billions of Naira from four companies and to convert it to Naira and pay to designated beneficiaries on her behalf.

The Nigerian central bank has occasionally taken steps to inject dollars into the market, squeezing the huge difference between black market and official prices, but has not allowed the naira to float.

He commented on the huge debts running into billions of naira the state has been plunged into, which generated reactions from the incumbent Deputy Governor, Mrs Tomori.

FHC / Abj / CR / 383/2015: Federal Republic of Nigeria v Nnamdi Kanu, Chidiebere Onwudiwe, Benjamin Madubugwu, David Nwawisi and refunding the sum of N100, 000, 000.00 (one hundred million naira only) or any other sum paid into this honourable court or undertaken to this honourable court sequel to the bail of the 2nd respondent».

Viciously turning the social media into an anti-social tool appears a well - funded billion - naira business!

She explained that the registration would be done through a customized CD that would be made available to candidates by the State Examination Board after the payment of N10, 000 (Ten Thousand Naira) into any branch of Fidelity Bank, Skye Bank or FCMB.

In «Nigerian Economy in 2016: Withdrawal Symptoms» (January 27, 2016), I compared Nigeria to an addict finding it difficult to wean itself of the drug of oil and warned that «in 2016 we will be forced to begin reconciling ourselves to the real exchange rate of the Naira» and «it is wise to formally and publicly end the subsidy regime and bring certainty and investments into the downstream petroleum sector.»

Properties worth millions of naira were destroyed before the Lagos State Emergency Management Agency, LASEMA, swung into action to curtail the fire from spreading to nearby buildings.

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..

Three witnesses gave accounts of how 30 million naira was allegedly transferred from Mr Agi's corporate account into the personal account of Mrs Ademola.

Obiano said the council also received the report of a committee that investigated government agencies collecting revenues in foreign currencies and remitting into the Federation Account in naira.

«Under his watch as Minister of Works, 300 Billion Naira disappeared into thin air.

One of the counts reads: «That you Air Chief Marshal Alex S Badeh (whilst being the Chief of Air Staff, Nigerian Air Force) and IYALIKAM NIGERIA LIMITED between 28th March and 5th December, 2013 in Abuja within the jurisdiction of this Court, did use an aggregate sum of N878, 362,732.94 (Eight Hundred and Seventy - Eight Million, Three Hundred and Sixty Two Thousand, Seven Hundred and Thirty - Two Naira, Ninety - Four kobo) removed from the accounts of the Nigerian Air Force and paid into the account of Rytebuilders Technologies Limited with Zenith Bank Plc for the construction of a shopping mall situate at Plot 1386, Oda Crescent Cadastral Zone A07, Wuse II, Abuja for yourself, when you reasonably ought to have known that the said funds formed part of the proceed of unlawful activity (to wit: criminal breach of trust and corruption) of Air Chief Marshal Alex S Badeh and you thereby committed an offence contrary to Section 15 (2)(d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act»

«That you, Yusuf Gyang Pam, whilst being a cashier at the Office of the Secretary to the Plateau State Government on 11th July, 2014 in Jos, within the jurisdiction of this Honourable Court, used your office as cashier at the Office of Secretary to the Plateau State Government to confer corrupt advantage upon yourself by making a cash lodgment of the sum of N10, 000,000 (Ten Million Naira) into your personal account with Zenith Bank and which sum was derived from the account of Plateau State Government, and you thereby committed an offence punishable under Section 19 of the Corrupt Practices and Other Related Offences Act, 2000».

The EFCC boss said, «Apart from several other recoveries running into several billions of naira, the recent whistle - blower policy, has led to the recovery by EFCC of N521, 815,000, $ 53,272,747, # 122,890, and $ 547,730.»

Testifying, Ibrahim (PW6) told the court that, he was given the sum of $ 1m (one million dollars) to change and pay into the account of Destra Investment Limited, a sum whose naira equivalent amounted to N103m (one hundred and three million naira).

«That you Mohammed Ahmed Katun while serving as an Assistant Director, Pension Department of the Office of Head of Service of the Federation on or about the 14th day of August, 2009 within the jurisdiction of this Honourable Court, obtained by false pretences and with intent to defraud various sums of money amounting in the aggregate to N24, 660,675.00 (Twenty Four Million, Six Hundred and Sixty Thousand, Six Hundred and Seventy Five Naira only) from the Federal Government of Nigeria through the Pension Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.»

«Can you imagine that the hazard allowance for a doctor is just N5, 000, while those who are not exposed to any risk are being paid allowances running into millions of naira.

On 14 November, 2014, another Eighty - Five Million, Five Hundred and Seventy Six Thousand Naira (N85, 576,000) was also paid in by the same company into Kofar Fada Nigeria Limited's bank account.

On NairaEx, users can buy bitcoin with naira using bank transfers or bank deposits and use the exchange's wallet for remittance purposes as users can also easily cash out their bitcoin back into local currency.