Tag: naira

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Adebayo EmuleomoFebruary 19, 2016

Naira falls further, Nigerians react (READ)

The free falling that has characterised the naira- in recent time- continued at the parallel market on Thursday, February 18, ...

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Adebayo EmuleomoFebruary 16, 2016

Northern governors to Shehu Sani: ‘You’re ignorant of the loan issue’

The Northern Governors have labeled the reaction of the Vice Chairman, Senate committee on Foreign and Domestic Debts, Senator Shehu Sani ...

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Kolapo OlapojuFebruary 16, 2016

‘Things may get worse’ | Naira crashes to record low of 345/dollar

The continuous fall of the Nigerian currency- naira- reached a record low of 345 against the dollar at the parallel ...

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Adebayo EmuleomoFebruary 15, 2016

Opinion: Reviving the dying economy of Nigeria, the snoring giant

On January 28th, 2016 Channels Television aired a community programme where a man in Benin, Edo State with little education ...

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Adebayo EmuleomoFebruary 13, 2016

Bread, money and death (FICTION)

A young boy threading through a dying forest on a wheel barrow in Zimbabwe, trying to understand why it weighs ...

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Mazi EmekaFebruary 11, 2016

‘Some people are manipulating the naira’ – Oshiomhole

Edo state Governor, Adams Oshiomhole, on Thursday, endorsed the Muhammadu Buhari administration’s refusal to devalue the naira, saying that the ...

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Op-Ed EditorFebruary 1, 2016

Waziri Adio: To devalue, or not to devalue the naira? – An explainer

The debate about the appropriate value of the Naira featured prominently in the public domain last week. This prominence was ...

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Janeth JJanuary 28, 2016

Further devaluation will kill the naira – Buhari

President Muhammadu Buhari has again, made it known that he would not devalue the naira. Buhari said on Thursday, that ...

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Kolapo OlapojuJanuary 26, 2016

The naira will not be devalued by CBN – Emefiele

The Monetary Policy Committee (MPC) on Tuesday, voted against the devaluation of the Nigerian currency- naira. The decision puts to ...

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Kolapo OlapojuJanuary 14, 2016

Naira nosedives to lowest figure in 43 years, sells at N305 per dollar

At the close of trading on Wednesday, January 13, the Nigerian foreign exchange and stock market had sunk to a ...

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Adebayo EmuleomoJanuary 10, 2016

‘This president does give a damn’ | 25 quotes to note from Tunde Bakare’s State of the Nation address

Pastor Tunde Bakare, Pastor and flock leader of the Latter Rain Assembly based in Lagos, on Sunday, January 10 delivered ...

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Kolapo OlapojuDecember 18, 2015

Bittersweet year-end: Naira plunges to record low, Excess Crude Account rises to $2.257bn

After selling for N269 against the United States dollar on Wednesday, the Nigerian currency- naira -crashed further on Thursday, to N280 at the ...

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Adebayo EmuleomoDecember 13, 2015

Is Nigeria truly broke? See how much the country made and spent in the past few months

According to the Medium Term Expenditure Framework and Fiscal Strategy Paper (2016-2018) sent by the president to the National Assembly, the ...

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Kolapo OlapojuSeptember 3, 2015

‘Buhari can’t possibly make naira equal to dollar’

A former Chairman of the Labour Party, Dan Nwanyanwu, says that President Muhammadu Buhari, will not make the Nigerian currency equal ...

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Op-Ed EditorJuly 12, 2015

Simon Kolawole: Cleaning up our mess is no child’s play

by Simon Kolawole After decades of paying lip service to economic diversification, we are finally paying the price. We never ...

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Op-Ed EditorJune 30, 2015

Henry Boyo: Mr. President, removing fuel subsidy will make Nigerians suffer

by Henry Boyo  Instructively however, Nigerians may change from this same melody if a N50/litre rise in petrol price pushes ...

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Kolapo OlapojuMarch 19, 2015

It’s going to be a very difficult year for Nigerians – Okonjo-Iweala tells CNN

by Kolapo Olapoju Minister of Finance, Ngozi Okonjo-Iweala, told Cable Network News (CNN), on Wednesday, March 18, that the rest ...

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Emmanuel ChidiogoMarch 16, 2015

Opinion: Nigeria’s economy is finally in recession

by Bolaji Samson Aregbeshola Every Nigerian now has to bear the brunt of a mismanaged economy courtesy of the Jonathan administration. ...

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Emmanuel ChidiogoMarch 15, 2015

Opinion: My dear GEJ, of what use are the heavy books in your presidential goody bag?

by Adekoya Boladale As if there isn’t enough salt on my injury, when the waiters started distribution of the heavy goody ...

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Kolapo OlapojuFebruary 25, 2015

CBN officially devalues Naira

by James Sambo The Central Bank of Nigeria (CBN), has officially devalued the Naira. The devaluation took place overnight, as ...

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Kolapo OlapojuFebruary 12, 2015

Interbank trading briefly suspended as Naira crashes to 206 against dollar

by Kolapo Olapoju Earlier today, trading was briefly suspended for the second day in a row at the Interbank market. ...

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Kolapo OlapojuFebruary 11, 2015

BREAKING: Interbank market shut as naira hits N205

by Jewel Stephen Trading on the interbank market was temporarily suspended on Wednesday as the Naira continued it’s downward trend ...

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Kolapo OlapojuJanuary 25, 2015

“Tables turned for Emir of Kano, Naira goes digging for gold” – See our Winners and Losers of the week

by Kolapo Olapoju Winners & Losers is a roundup of the week’s major happenings, where we spotlight the ‘winners’ and ...

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Kolapo OlapojuJanuary 5, 2015

“Our reserve is depleted” – 10 quotes from OBJ on President Jonathan, the economy and 2015 election

by Kolapo Olapoju   Of recent, former president, Olusegun Obasanjo, has become increasingly vocal about the performance of President Goodluck Jonathan. On ...

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Op-Ed EditorDecember 25, 2014

Rudolf Okonkwo: Why I can’t wait for May 29, 2019

by Rudolf Okonkwo So you can see why I’m restricting myself to thinking ahead-to Wednesday, May 29, 2019. That is the ...

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Kolapo OlapojuDecember 18, 2014

Highest fall in 5 years: Naira trades for N187 to dollar

by Godwin Akanfe   The naira has experienced its highest fall in 5 years. The Nigerian currency fell by four ...

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YEditorDecember 15, 2014

“Even though the Naira was devalued, inflation eased” – NBS

by Tunji Andrews In November 2014, the pace of price increases observed by the Consumer Price Index (CPI) which measures ...

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Kolapo OlapojuDecember 4, 2014

The Naira has truly lost its value: See what it’s being used for

by Azubuike Azikiwe At present, the naira is being traded against the dollar at the rate of 179 to 1. While ...

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YEditorNovember 25, 2014

#Naira loses 8% of its value after @cenbank meeting

by Tunji Andrews The Central Bank of Nigeria, via the Monetary Policy Committee, in line wind the growing head winds ...

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Kolapo OlapojuNovember 1, 2014

Global shocks closing in on the Naira

by Tunji Andrews Indications continue to mount that the nation’s currency, the Naira, will experience further pressure, as the liquidity ...

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