Sentences with phrase «with naira»

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.

ICE3X, for example, enables Nigerians to buy bitcoin, litecoin, and ether with the naira.

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

Not exact matches

«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.

The Ogun State Police Command has announced five million Naira reward offer to anyone with useful information that could lead to the rescue of the abducted Senator Iyabo Anisulowo.

With the present revelation that several billions of Naira has been discovered in the sitting governor's account, it is a confirmation that the governor is corrupt.

The data is unambiguous on current economic conditions - GDP growth in the last quarter of 2015 was a meager 2.11 % with full year growth of 2.79 % according to the National Bureau of Statistics (NBS); inflation rose sharply to 11.4 % in February with prospects of reaching 12 % by March; capital markets have remained bearish; according to UNCTAD Nigeria's FDI fell by 27.7 % to $ 3.4 billion in 2015, and on current trends may fall even more precipitously in 2016; the de facto exchange rate of the Naira for most producers and consumers is now N322 / $ even though CBN maintains a nominal N197 / $ for privileged persons; several economic sectors - construction, government, manufacturing, oil and gas and hotels and restaurants are in recession or barely out of it; government's official foreign reserves is down to $ 27.8 bn; and unemployment and under - employment rates have worsened 10.4 % and 18.7 % by the end of 2015.

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.

The statement also disclosed that the suspects also robbed the victims with cash in sum of Three Hundred Thousand Naira (# 300,000), stressing that the policemen of the unit have recovered some exhibits from the suspect which include, Arms and ammunition.

The charge reads: «Tajudeen Folaji and First Alstate Securities Limited on o r about the 3rd April, 2008 at Lagos within the Ikeja Judicial Division of this Honourable Court with intent to defraud, fraudulently converted 31,886,200 (Thirty One Million, Eight Hundred and Eighty Six Thousand, Two Hundred) units of IPWA PLC shares with a cumulative value of N331, 297,618.00 (Three Hundred and Thirty One Million, Two Hundred and Ninety Seven Thousand, Six Hundred and Eighteen Naira) property of Adesoye Holdings Limited»

Meanwhile, the CBN Governor met with the Senate, yesterday, to discuss the sharp decline of the Naira in the parallel market in recent times.

«That you, AVM Olutayo Tade Oguntoyinbo whilst serving as Chief of Training and Operations, Nigerian Air force and the CEO / Managing Director as well as the sole signatory to the account of Spaceweb Integrated Services Limited with Wema Bank, on or about the 11th July, 2014 at Abuja within the jurisdiction of this Honourable Court did accept a gift in the sum of One hundred and Sixty Six Million Naira (N166, 000,000) from Societe D' Equipments Internationaux Nigeria Limited, a contractor with the Nigerian Air force in performance of your official act and you thereby committed an offence contrary to Section17 (a) of the Independent Corrupt Practices and Other Related Offences Act, 2000 and punishable under Section 17 (c) of the same Act».

The amount was simply in naira and the money has nothing to do with the Kwara State Government.»

The suspects comprising 6 females and 4 males were arrested in Monguno and Nolwodo Malgori with assorted house — hold items, food stuff and 63, 060 Naira cash.

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.

AUWAL who was arrested with the sum of three hundred thousand Naira (N300, 000.00) on him, is believed to be a drug supplier to the boko haram sect in Sambisa Forest.

«The woman was said to have emerged again to blackmail the lawmaker forcing him to part with another seven hundred thousand naira (N700, 000.00).»

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 fraudulently collected over 15 million Naira from us with promise that he would allocate trees to us.

Testifying before Justice Joyce AbdulmaleeK of the Federal High Court in Ibadan, Kadri stated that many boxes meant to contain N1000 were either filled up with brown papers cut to the size of naira notes or swapped with N500 interleaved with newspapers cut to the size of money.

Following the soaring reigns and expansion strength of Guinness Nigeria Plc with its acquisition of distribution rights from its parent company, the company's revenues have been on increase as it accrues billions of Naira recently.

«There are potential billions of naira in revenue that Lagos State could earn in the next several years with the successful implementation of the plan that you intend could come out of this summit.

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.

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.

The students and officials of the school were taken on January 14, with kidnappers demanding for a 1.2 billion Naira ransom for the victims to regain their freedom.

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.

In the financial year ended December 31, 2015, Zenith Bank reported a profit after tax (PAT) of N105.66 billion — the highest in the Nigeria banking industry for the year — with total assets standing at over Four Trillion Naira.

«We sympathise with Nigerians who are seriously undergoing terrible hardship because of the now obvious inept leadership of APC despite the promise of one naira to a dollar,» it said in the statement.

Justice Oyesfeso had on July 10 admitted Ramirez to $ 250,000 bail or its Naira equivalent with two sureties in like sum.

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.

«Metuh said, «Nigerians must insist that the APC declares the source of the billions of naira with which it is sponsoring the negative publications»

The Central Bank of Nigeria (CBN) has again called on Nigerians to handle the Naira with care, restating that the N50, 000 fine on abuse of the...

Moving the application today, Iheanacho also referred to paragraph four of the affidavit, detailing how a contractor with the NDDC, Starline Consultancy Services Limited, was paid the sum of N10, 218, 019, 060.59)(Ten Billion, Two Hundred and Eighteen Million, Nineteen Thousand and Sixty Naira) as consultancy fee for levies collected from oil processing companies in the Niger Delta Region.

Kabiru Saidu a.k.a Osama further confessed to the Police investigative team that Senator Dino Melaye handed over a bag containing the following firearms one (1) AK47 rifle, two (2) Pump Action guns and the sum of four hundred and thirty thousand naira N430, 000.00 to share with his boys.

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

With the development, it is expected that the Naira will further strengthen in the foreign exchange market in the days to come.

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

Kenny, according to the post had earlier been wrongly arrested by the police on Saturday afternoon before he was later released having parted with a sum of 10,000 naira.

The governor also directed that land should be allocated to the Church immediately for that purpose and also gave the Church Ten Million Naira (N10m) to enable them clear the site of the intended University, with the governor stating that for the seventh (7th) time, the state has continued to lead in JAMB applications with wide margin.

Courtesy of the organisers with the support of the sponsors, I am not only a owner of a brand new car, a million naira, but most importantly, I will carrying my country's flag in an international competition, what I have long for in my seven years of freestyling,» Obanor said

«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.

Last week the naira — hit by a foreign exchange scarcity in the face of low oil receipts — fell to a record low of 305 to the dollar on the parallel market, compared with the official rate of 197.

According to the report on Wednesday, Dangote lost $ 4.9 bn or one - third of his wealth as the combined effect of falling oil prices and the June devaluation of the naira pushed him to No. 112 on the billionaires» list with $ 10.4 bn.

«Also, Nigeria is now faced with a situation whereby funds are obtained from the official forex market (at lower rates) and diverted to other markets and sold at a higher rate by forex dealing banks and users, who make billions of naira profit just for doing almost nothing.

He said that «With the gap between the official rate of N199 and open market rate of over N400 to one dollar, Naira has already been devalued.

The protesters carried placards with several inscriptions including «in unity, we will overcome recession», «say no to agents of destabilisation», «Naira will bounce back», «give change a chance» and «we stand with President Muhammadu Buhari and CBN Governor, Godwin Emefiele».

The defendant was said to have told the BDC operator to follow him with the $ 65,000 to a nearby bank where he would pay the naira equivalent of the foreign currency.

The Police, comprising IGP Intelligence Squad in conjunction with men of the Rivers State Police Command have smashed a dare - devil robbery operation to rob a bank of hundreds of millions of naira in Port Harcourt.

«After exhaustive deliberations and consultations with all sections of the populace, the NLC, TUC and their pro-people allies demand that the presidency immediately reverses fuel prices to 65 naira,» a statement signed by the heads of the two unions said.

With the serious hazards attached to their job no police man or woman should earn less than 80000 Naira per month.