Tag: dollars

Proportion
Ayomitide AdeyinkaNovember 1, 2023

The CBN clears the air on the redenomination of Naira notes; Naira depreciates to ₦1,185 at the black market | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss. ...

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Ayomitide AdeyinkaOctober 31, 2023

Rivers State House of Assembly Moves to Impeach Governor Fubara; Naira appreciates against the US Dollar and trades for ₦993/$ | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss. ...

Proportion
YNaijaSeptember 8, 2022

Police officers protest non-payment of salaries; Naira hits new low against dollar | 5 Things That Should Matter Today

Police officers protest non-payment of salaries FG to penalise airlines selling tickets in dollars Gunmen kidnap Plateau council boss Naira ...

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AzeezJuly 22, 2017

We are not selling forex to anyone at N200 | CBN replies Senate

The Central Bank of Nigeria on Friday dismissed claims by the Senate that it is selling dollars to some businesses ...

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ToluJune 17, 2017

How he hijacked a bullion van and everything else we know about billionaire kidnapper, Evans

It’s important to clarify from the start that we’ll never really know everything about this man or the case of ...

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ItunuoluwaMay 19, 2017

Ivanka Trump on heat over Chinese Factories paying $1 an hour

by Itunuoluwa Adebo First Daughter  Ivanka Trump’s apparel brand is being criticized by a labor-rights group for working with Chinese ...

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AzeezApril 28, 2017

We have enough forex for end users, bank customers – CBN

The Bankers Committee of the Central Bank on Thursday declared that there was adequate stock of foreign exchange to sustain ...

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AzeezMarch 14, 2017

CBN pumps fresh $195m into foreign exchange market

by Azeez Adeniyi The Central Bank of Nigeria on Tuesday released fresh $195m into the foreign exchange market. This was ...

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AzeezMarch 14, 2017

House of Reps to probe foreign schools collecting fees in dollars

by Azeez Adeniyi The House of Representatives on Tuesday took the decision to probe foreign schools in Nigeria collecting fees ...

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Oludolapo AdelanaMarch 4, 2017

Forex: CBN to inject additional $350m into interbank market

by Dolapo Adelana In continuation of its strategy to strengthen the naira against the dollar and other foreign currencies, the ...

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AzeezDecember 5, 2016

We do not allocate dollars, CBN replies Sanusi

The Central Bank of Nigeria (CBN) has said it is not allocating the US Dollars but has rather set up ...

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Oludolapo AdelanaNovember 22, 2016

CBN not in support of jailing hoarders of dollars – Emefiele

The Central Bank of Nigeria (CBN) says it is not in support of plans by the federal government to jail ...

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Op-ed EditorSeptember 27, 2016

Manasseh Egedegbe: A word about Bitcoin

I don’t know anyone I could stay with in London. It is an expensive city, and no one goes about ...

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Mazi EmekaSeptember 13, 2016

Opinion: Can Nigeria actually spend her way out of this recession?

by Olamide Eyinla It is no longer news that Nigeria’s economy has slid into a recession. By definition, recession is a ...

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Oreoluwa PetersAugust 25, 2016

#30Days30Voices: Should government subsidize forex for pilgrims? (WATCH)

A few weeks ago, the Central bank of Nigeria (CBN) released a new foreign exchange policy that Nigerians on social ...

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Adebayo EmuleomoJune 20, 2016

Nigerian Stock Market: Investors lose ‘N46bn in a few hours’

The ripple effects of the new foreign exchange regime started by the Central Bank of Nigeria (CBN) today has already ...

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Adebayo EmuleomoJune 20, 2016

Naira gains beyond expectations in parallel market

The new foreign exchange regime announced by the Central Bank of Nigeria (CBN) appears to be effecting positive reactions on the ...

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Op-Ed EditorJune 20, 2016

Opinion: FG’s tubers of yam and 4 other things

By Simon Kolawole The naira has just been effectively devalued — so why are some people jubilating? The way economists, ...

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Adebayo EmuleomoMay 25, 2016

Senate wants Adeosun and Emefiele to explain why the economy is in a mess

The Senate has requested the presence of the Minister of Finance, Kemi Adeosun and the Governor of the Central Bank ...

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Adebayo EmuleomoMay 24, 2016

CBN bows to pressure, adopts flexible foreign exchange

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has asked the number one bank of the nation ...

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Adebayo EmuleomoMay 4, 2016

Nigeria to overcome fuel scarcity as marketers get access to forex

It appears that a temporary end to the continued scarcity of petrol across the nation is around the corner. The ...

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Adebayo EmuleomoMarch 13, 2016

Osinbajo, Buhari’s travel plans clash; costs Nigeria $250,000

In this harsh economic climate, Nigeria has reportedly lost about $250,000 due to the last minute cancellation of Vice President ...

Proportion
Janeth JOctober 10, 2015

How passenger was nabbed with $34,000 in Lagos airport

A passenger, Ozoh Ikenna was arrested by the National Drug Law Enforcement Agency (NDLEA) at the Murtala Muhammed International Airport (MMIA)Lagos ...

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Kolapo OlapojuSeptember 5, 2015

Room full of dollars, arms stockpile purportedly found by SSS in Akwa Ibom govt house

Following the invasion of Akwa Ibom government house, by operatives of the State Security Service, it’s been reported that stockpiles ...

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Kolapo OlapojuMarch 25, 2015

GEJ’s dollars create confusion in Osun between monarchs and subjects

by Kolapo Olapoju The dollars allegedly shared by President Goodluck Jonathan, during his trip to Osun state, is causing acrimony ...

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Kolapo OlapojuMarch 16, 2015

Who collected GEJ’s dollars, if Arewa leaders say they rejected it?

by Damilola Jagun Arewa leaders say they refused hundreds of thousands of dollars that President Goodluck Jonathan offered to them ...

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Ada IgboanugoFebruary 27, 2015

While you’re still waiting for pay day, Skuki’s busy showing off wads of dollar bills (LOOK)

by Chinwe Okafor Not fair is it? Well, the Skuki brothers cashed out before the month ended and they took ...

Proportion
Op-Ed EditorNovember 28, 2014

@Tundeleye: Austerity, Wonderbags, magic stoves, and both sides of the mouth

by Tunde Leye On Thursday 20th, I heard over the news that because of the slide in oil price, we ...

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Op-Ed EditorSeptember 20, 2014

@DeleMomodu : Please, leave President Jonathan alone!

by Dele Momodu Fellow Nigerians, this is a very difficult moment in our country. It is also a confusing period ...

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February 3, 2014

Police officer filmed demanding dollar bribe arrested, to face disciplinary action

by Oge Okonkwo The arm of the law has finally caught up with the policeman who was caught on camera ...

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