Sentences with word «naira»

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.

Nigeria Politics Online reports that a clash between two factions of the National Union of Road Transport Workers, (NURTW), led to destruction of lives and property worth millions of naira in Ife

it is of no benefit to the people of Nigeria.Let Dame Patience Jonathan solicit for funds from individual contribution / donations and raise funds from the billions of naira for budgeted for daily feeding in the presidency.Enough is enough of mis - appropriation and looting of public funds by this non-performing regime of the corruptible led by president Jonathan.

ries» argued that Ghana has been able to attract many Nigerian students to its tertiary institutions because the government invested in education rather than food, unlike Nigeria who rather prioritized spending billions of naira on importation of rice.

An equivalent sum of money, in Nigerian naira, was credited to Trust International's account with the bank in Nigeria.

He said, «On the report on some government agencies collecting revenue in foreign currencies but remitting to the Federation Account naira equivalent, the Permanent Secretary, Ministry of Finance reported that apart from NNPC, NIMASA and Nigerian Ports Authority, other agencies involved in revenue generating are FIRS, Shippers Council, Airport Authority and Nigerian Immigration Service.

He noted CBN's periodic intervention in the forex market reduced exchange rate volatility over the last two quarters of 2017 and businesses showed improved liquidity of forex and stability of naira against the dollar.

The Commissioner, together with one other official, Peter Popnen, was arraigned before Justice Salihu Saidu on a five - count charge bordering on gratification and money laundering to the tune of N185, 842,000 k (One Hundred and Eighty Five Million, Eight Hundred and Forty Two Thousand Naira only).

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.

While there are claims in some quarters that the school and families of the victims parted with millions of naira as ransom, the police insisted that their freedom was due to pressure mounted on the kidnappers.

This sort of intermediary can be likened to the kind of black market exchangers who prowl outside Nigeria's high - end hotels looking to exchange sacks of crumpled weather - beaten naira notes for stacks of dollar bills.

«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.

For example, in Nigeria, if you withdraw money at the Bank ATM you get 320 Nigerian Naira per Dollar.

President Muhammadu Buhari, Vice President Yemi Osibanjo, governors and Ministers are to inaugurate multi-billion naira projects in Zamfara state as part of the 7th Anniversary of Governor Abdul» aziz Yari «s administration.

The country has recorded 7 consecutive months of lower inflation, Naira rate is beginning to stabilize, appreciating from N525 per $ 1 in February this year to N360 today.

Naira Exchange is a Nigeria's oldest bitcoin exchange and one of the most popular platform for the buying and selling of digital currencies in the country.

«We urge him to do everything within his power to strengthen Naira which has been facing unprecedented devaluation since its emergence in order to bring the much awaited relief to the people who have been groaning under the yoke of the economic recession.»

The CEO of the company in Nigeria who lamented over the nation's dwindling economic fortunes, said the combination of a tough economic environment and challenges with Naira devaluation had a significant impact on Guinness Nigeria's overall performance.

In a statement by its Press Officer, Manzo Eziekiel, the agency denies ever awarding billion Naira Contract for landscaping and motorpark as being alleged by the false whistle blowers.

The Nigerian Naira drops 30 % when you cross the border.

«It is also important for the Government of China to note that the Federal Government of Nigeria claimed to have recovered and still recovering trillions of Naira allegedly looted from the treasury.

For Nigerian traders, this means they can now buy bitcoin, litecoin, and ether using Naira on the exchange.

The British Government through the head of its Department for International Trade (DIT) announced in February 2018 that it was ready to provide UK government guarantees to secure Naira loans by Nigerian banks to Nigerian projects that are importing goods and services (that form not less than 20 % of the content of that project) from the UK.

President Muhammadu Buhari, Vice President Yemi Osibanjo, governors and Ministers are to inaugurate multi-billion naira projects in Zamfara state as part of the 7th...

One wonders how Nigerians can go back to farming when those already in the farms are losing billions of naira worth of crops to destruction of their farmlands by the herdsmen and the federal government is not doing anything about it,» he said.

As at 30 March 2016, I had a total of N3, 810, 206 in Naira accounts with Access Bank, Standard Chartered Bank and United Bank for Africa.

Alleged diversion of Abacha funds untrue — Okonjo - Iweala Former Minister of Finance, Dr Ngozi Okonjo - Iweala, has reacted to allegations that she diverted billions of naira Abacha loot recovered by the federal government a «baseless story» explaining that some of the money was released to the office of the National Security Adviser in response to a -LSB-...]

Sheriff had claimed 10 billion naira damages for each of the two suits he filed as compensation for alleged defamation of his character.

He said: «I read with amusement the allegation that was made in the media report that I was given 1.7 billion naira cash by President Goodluck Jonathan.

He was said to have regretted that such development could happen in the camps despite billions of naira spent by the different levels of government as well as donor agencies and philanthropists.

Instead of this outdated mechanism, we should base our budgetary calculations on the quantity of naira needed to foster the highest growth possible without pushing inflation too high.

The nation is being saved 24.7 billion Naira monthly with the full implementation of the TSA.

We started by visiting Anioma Petrol Station which was burnt and goods worth millions of naira lost.

As Naira continues to slide down against the US Dollars, Nigerians have been charged to be creative to attract more foreign exchange.

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.

The accused persons allegedly conspired to convert and launder several sums of money running into billions of naira under the guise of providing security intelligence around the Maritime domain.

Governor Ifeanyi Ugwuanyi of Enugu State on Friday recanted what his experience looked like when he visited the scene of last Monday's invasion of Ukpabi Nimbo Community in Uzouwani Local Government Area of the state by suspected Fulani herdsmen, where scores of people were killed and property worth millions of naira destroyed.

Tinubu said the billions of dollars and trillions of Naira stolen by past governments if used for the people, would have transformed the nation.

He said that the company was now looking at «all the options», which could include converting the loan into naira, but did not want to anticipate the outcome of talks with the lenders.

He stressed that, «barely four hours later, the suspects contacted victim's husband and demanded the sum of ten million naira ransom as a condition for his wife's release.

He intervened again and gave us President Muhammadu Buhari, and today all you hear is trillions of naira budgets with nothing to show.

Sadly enough, the agency in question which claims to be investigating the fraud is ironically directly and brazenly facilitating the concealment of the looted several billions of naira belonging to the Niger Delta Amnesty Programme.

An identity card was enough, especially if it was accompanied by a few Naira notes and we always had a smooth journey.

In a related operation, Explosive Ordnance Disposal team (EOD) of Operation Lafiya Dole yesterday successfully uncovered three Improvised Explosive Devices (IED) planted by Boko Haram terrorists in Doro Naira village to wreak havoc on the community.

Union bank, said to be the largest creditor of Gitto is owed N10billion naira and is reported to have seized some of the company's heavy equipment it uses for construction.

The President, Dangote Group, Aliko Dangote, has announced the construction of a multibillion naira rice processing plant in Hadin, Jigawa State.