Sentences with phrase «naira worth»

NairaEx currently processes over 1 billion Naira worth of bitcoin transactions each month and the platform has accumulated over 100,000 users.
According to the research carried out by Lucky Uwakwe, co-founder of Blockchain Solutions Limited, Nigerian trade around 10 billion nairas worth of cryptocurrency each month.

Not exact matches

A decent war chest is worth having in case the naira needs defending.
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..
«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.
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.
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.
After diligent investigation by the Commission, it was discovered that the convict fraudulently sold 31,886,200 units of Adesoye Holdings Limited shares in IPWA Plc worth millions of naira.
Insiders have it that the hotel business worth five hundred million naira has been grounded to a paltry sum of forty - seven thousand naira only by Kehinde Afolabi.
Although properties worth millions of Naira were lost in the inferno which concentrated on the ground floor.
While leading the debate on the motion, Senator Danjuma La'ah said, «on the 23rd December, 2016 and even as we speak, communities of Ambam, Gaska, Dangoma, Tsonje, Pasankori, Gidan Waya and Farin Gada of Jama'a and Kaura local government area have been under serious attack by the herdsmen, resulting in several deaths, injuries, and wanton destruction of properties worth billions of naira».
Interestingly as properties worth billions of Naira are lost to natural disasters, fewer deaths are recorded.
«LASEMA, in the last one year had responded to numerous fire incidents, road accidents, flooding, illegal parked trucks, gas explosion / emission amongst other emergencies in record time, thereby saving lots of lives and properties worth millions of naira,» Oladejo said.
The Akwa Ibom State Emergency Management Agency (SEMA) has distributed relief materials worth millions of naira to 126 verified victims of natural disasters in the state.
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.
We started by visiting Anioma Petrol Station which was burnt and goods worth millions of naira lost.
No fewer than 4,000 houses were submerged in the 2012 flooding which also destroyed property worth millions of naira.
Properties worth millions of naira had already been razed down before men of the Lagos State Fire Service could arrive to the community.
We also visited other places, business premises and residential buildings, in Ika North - East and Ika South where property worth millions of naira had been lost to fire.
The singer who was not happy with the situation of the Displaced Persons during the visit noted that the lingering insurgency in the area which left thousands of people dead, millions injured and displaced from their homes with property worth billions of naira destroyed have nothing to do with religion as insinuated, but has do with politics.
It was gathered that while a family lost eight of its members, another family lost six and property worth millions of naira were destroyed and houses submerged.
Residents of in Itire, Ijesha area of Mushin Local government, Lagos, have taken over the streets in anger after hoodlums attacked the areas and damaged properties worth millions of Naira.
Meanwhile, fire has gutted the popular Adekunle Sawmill in the Ebute Metta area of Lagos State, destroying Sawmill Goods worth millions of naira on Sunday.
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.
To make matters worse, gadgets worth billions of naira were locked up in a store to rot away while agents were armed with a whistle and a baton to face miscreants on the street.
«That you, Bala A. Mohammed, while being the Minister of the Federal Capital Territory, Abuja, sometime in 2014 in Abuja within the Judicial Division of the High Court of the Federal Capital Territory did accept gratification of a house worth N550, 000,000 (Five Hundred and Fifty Million Naira) only situated at No. 2599 & 2600 Cadastral Zone A04 Asokoro District, Abuja from Aso Savings & Loans Plc as reward for performing your official duties and you thereby committed an offence contrary to Section 18 (b) of the Independent Corrupt Practices and Other Related Offences Act 2000 and punishable under Section 18 (d) of the same Act.»
Presidential Committee on North - East Initiative has donated building materials worth millions of Naira to the Borno State government in Maiduguri to support reconstruction of communities destroyed...
Operatives of the Commission had on February 20 stormed the warehouse of the former Customs boss on Nnamdi Azikwe Street, Kaduna and discovered seventeen exotic vehicles worth Hundreds of millions of Naira, suspected to be proceeds of crime.
«The first suspect, Morris Ashwe 36 yrs Native of Mbajima Village Katsina Ala LGA Benue State confessed and admitted to have been supplying firearms and ammunition to the notorious and most wanted vicious and notorious gang leader of militia, murderers and kidnappers Terwase Akwaza aka Ghana who was declared wanted by the Nigeria Police Force for the merciless killings of several innocent persons and wanton destruction of properties worth Millions of Naira, at ZakiBiam in Benue State on 20th March, 2017 and for other violent crimes such as Culpable Homicide, Mischief by Fire and Criminal Conspiracy and the killing of Mr. Deneen Igbana (late) the Special Adviser on Security to the Governor of Benue State.
«like we earlier noted, Fulani herdsmen are no longer a distant story in our council but an ugly reality going by the recent invasion of farm Lands of the people of Umuehie village, Ngor Autonomous community by them and consequent destruction of farmlands and crops worth millions of Naira
Thousands of Nigerians, mostly women and children, have lost their lives, while properties worth billions of naira have been damaged by the activities of the Boko Haram insurgents.
Many people have been reportedly killed while properties worth millions of naira have been destroyed.»
The searches have uncovered huge raw cash (sums) of various denominations, local and foreign currencies, with real estate worth several millions of naira and documents affirming unholy acts by these judges.»
The naked truth is that the federal government decided to suppress the Islamic Movement on the behest of Saudi Arabia, an agent and ally of the West, killing over a thousand civilian souls and destroying properties worth billions of Naira in its wreak.
The National Emergency Management Agency, NEMA, has donated relief materials worth millions of naira to residents of Nimbo community, in Uzo - Uwani local government area of Enugu...
Property worth millions of naira including arms and ammunition, uniforms of immigration personnel, mobile phones and other office equipment, were recently razed down by fire at...
Students of the school on Sunday night went on the rampage destroying the university property worth millions of naira.
The EFCC accused the minister's son of carrying out business transactions worth billions of naira in violation of Money Laundering Act.
The party said it read with utmost disgust the frivolous statement credited to the minister where he reportedly told Nigerians and other members of the public that the attacks on two communities in Benue State that led to the death of over 74 people and destruction of properties worth millions of naira were as a result of the open grazing prohibition law enacted by the state government.
Photographs showing how jewelries worth millions of naira were seized from former National Security Adviser, NSA, to late President Musa Yar» Adua, Abdullahi Mukhtar, by the Economic...
The brief facts of the case are that the Appellant was contracted by the Zamfara State Government (ZSG) to supply 12,500 metric tons of Urea fertilizer worth over a Billion Naira for distribution / sale to farmers in the State.
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