Sentences with phrase «using naira»

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

The South African digital currency exchange ICE3X recently opened its doors in Nigeria giving Nigerians an opportunity to buy bitcoin, litecoin, and ether using nairas through the use of the VoguePay payment processor.

Not exact matches

Pls I reside in Nigeria and our credit cards are not in dollar but naira and we use verve, visa and MasterCard.

We can use the local government secretariats and traditional rulers to send the message of attitudinal change toward the naira.

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

Another charge reads: «That you, Kayode Odukoya, FirstNation Airways Limited and Bellview Airlines Limited, on or about the 7th day of October, 2016 in Lagos within the Lagos Judicial Division dishonestly converted for your own use the sum of N1, 742, 994, 962.04 (One Billion, Seven Hundred and Forty - one Million, Nine Hundred and Ninety - four Thousand, Nine Hundred and Sixty - two Naira, Four Kobo) property of Skye Bank Plc..»

The EFCC dragged Odukoya before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja on a four - count charge bordering on forgery, use of false information, perjury and stealing to the tune of N1, 741, 994, 962.04 (One Billion, Seven Hundred and Forty - one Million, Nine Hundred and Ninety - four Thousand, Nine Hundred and Sixty - two Naira, Four Kobo).

On one occasion, he confessed publicly and wrote in National newspapers (copy attached) saying that he spent over three billion naira (N3b) to destabilize and destroy my administration, using his own words.

As many Nigerians, specifically the participants of the popular Ponzi scheme, Mavrodi Mondial Moneybox known as MMM, are hoping to unfreeze their accounts, the scheme had dump the use of Naira as mode of payment by introducing Bitcoin as the best performing currency.

In other words, you received 30 percent a month specifically in naira (not in Bitcoins, although you originally provided help using Bitcoins).

The appeal court added that since the House of Representatives or any chamber of the National Assembly lacked the power to conduct criminal investigation, its report «can not be used to prevent or shield any of the petroleum marketer and supply companies from being investigated by competent investigative authority upon a criminal complaint that it fraudulently received billions of naira as imported petroleum subsidy payments when it did not import or market the petroleum in Nigeria.»

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.

«Had the billions of dollars and trillions of naira that were stolen by past governments been used for the people, the nation would have been able to acquire the infrastructure and implement the programs that bring greater development and economic justice to all.

In the second case at an Abuja Federal High Court, Adoke and Abubakar were alleged to have on September 16, 2013 conspired to commit money laundering when they directly took possession of the sum of $ 2, 267, 400 and converted it to the Naira equivalent being the sum of N345.2 million using one Usman Bello, a bureau de change (BDC) operator.

Buhari who spoke at the State House in Abuja Wednesday night while hosting members of the House of Representatives to a dinner said «Unfortunately for us as a people, we uncovered that billions of naira and hundreds of millions of dollars were expended by the previous government to acquire good equipment and ammunition for the military to use.

Cabinet meetings are now about how trillions of Naira are to be used to provide long delayed infrastructure such as roads, bridges, railway, power, drugs and equipment for hospitals.

Using the same modus operandi, the accused person again swindled the complainant to the tune N12million naira (twelve million naira).

He also gave them a cash gift of three million naira (N3, 000,000), for them to use in celebrating this year's armed forces rememberance day.

He used dollar equivalent of the sum of N1.4 billion (One Billion, One Hundred Million Naira) from the accounts of the Nigerian Air Force to purchase a mansion situated at No. 6, Ogun River Street, Off Danube Street, Maitama, Abuja.

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»

The last count alleged that the suspect dishonestly misappropriated the sum of N14, 450, 000 (fourteen million, four hundred and fifty thousand naira only) belonging to Zamzalim Enterprises by converting it to personal use, thereby committing an offence contrary to Section 308, punishable under Section 309 of the Penal Code.

«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».

«That you, Senator Jonah David Jang, whilst being the Governor of Plateau State between January and May, 2015 in Jos, within the jurisdiction of this Honourable Court, used your office as Executive Governor of Plateau State to confer unfair advantage upon yourself by collecting the sum of N4, 357,195,000 (Four billion, Three Hundred and Fifty - Seven Million, One Hundred and Ninety - Five Thousand Naira) from the cashier of the Office of the Secretary to the Plateau State Government, 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»..

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.

«That you Stephen Oronsaye a.k.a. Mr Steve Oronsaye on or about 30th December, 2014 at Abuja within the jurisdiction of the High Court of the Federal Capital Territory whilst being the Chairman of the Presidential Committee on Financial Action Task Force and in such capacity entrusted with certain property to wit: the sum of N100, 000,000.00 (One Hundred Million Naira) committed Breach of Trust in respect of the said sum by converting it to your personal use through the investment of the said sum of N90, 000,000.00 in Access Bank Plc's Bankers Acceptance for a tenor of 90 days at 12.0 % interest rate each in violation of the extant financial regulations».

Then you enter the naira amount of bitcoin you intend to purchase and select the payment method you would like to use.

To fund your ICE3X account with your nairas, you will need to login to your newly created ice3X account, proceed to the DEPOSIT / WITHDRAW tab in the menu bar to make a deposit using your newly created VoguePay wallet (you can get more info

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.