Sunday , July 7 2024
Home / Search Results for: Naira

Search Results for: Naira

Wizkid Announces ₦100 Million Naira For Kids’ Christmas

Nigerian singer and songwriter Ayodeji Ibrahim Balogun, professionally known as Wizkid, has announced plans to distribute 100 million naira for Christmas celebrations among children. In a post on his Instagram page, the singer announced his intention to share 100 million naira with kids. While specific details about the distribution haven’t been provided …

Read More »

Naira Strengthens Further As Follar Liquidity Rises By 92.92%

The official foreign exchange (FX) market recorded a significant increase in dollar liquidity, which helped to strengthen the naira further on Tuesday. Nigerian Naira gained 3.71 percent as the dollar was quoted at N806.73 on Tuesday compared to N837.77 quoted on Monday, at Autonomous Foreign Exchange Market (NAFEM), data from …

Read More »

Naira: Tinubu Will Shock Currency Speculators – Presidency

The presidency has disclosed that President Ahmed Bola Tinubu’s administration is working on policies that will strengthen the Naira. A Special Adviser to the President. Downloads btlsblog mobile app on playstore Follow Us On Threads The presidency has disclosed that President Ahmed Bola Tinubu’s administration is working on policies that …

Read More »

Why Naira Regained Strength At FX Market- ABCON

The Association of Bureau De Change Operators of Nigeria (ABCON) has revealed why the Naira is regaining strength against the dollar. “The development stems from the ‘double-edged sword dollar liquidity injection and the mopping up of the naira through interest rate hikes,” its President, Alhaji Aminu Gwadabe, said in a …

Read More »

Naira Slips Further At Black Market

The Naira fell substantially against the United States dollar at the unofficial market on Wednesday, market data published by AbokiFX, a website that collates market data in Lagos, showed. According to the data, the naira which stood at N1,040 per dollar in the morning, declined to N1,042 and eventually closed at …

Read More »

Daniel Regha Lambast Davido For Attending Mohbad’s Candlelight Procession While Following Naira Marley On IG

Daniel Regha has labasted Davido for attending the late Mohbad’s candlelight procession while continuing to follow Naira Marley, on Instagram. The attention of Daniel Regha, a controversial Twitter user, was caught on how the popular Nigerian singer Davido recently attended the candlelight memorial service for the deceased Mohbad. Downloads btlsblog mobile app on playstore Follow …

Read More »

“Stop doing drugs, it’s not good for your well-being” – Naira Marley Joins NDLEA Campaign Against Drug Abuse, Netizens React (VIDEO)

Prominent rapper, Naira Marley joins NDLEA campaign against drug abuse as he advises his fans, Marlians and Nigerians to stop doing drugs. The rap artiste visited National Drug Law Enforcement Agency (NDLEA) chairman Buba Marwa at their headquarters on August 17. Downloads btlsblog mobile app on playstore Follow Us On …

Read More »

BREAKING: NNPC Secures $3bn Loan To Stabilise The Naira

A $3 billion crude repayment loan has been secured by the Nigerian National Petroleum Corporation (NNPC) Limited, in order to support the naira and stabilize the foreign exchange market. Downloads btlsblog mobile app on playstore Follow Us On Threads NNPC Limited secured the funding from the AFRIEXIM bank headquarters in Cairo. …

Read More »

CBN Debunks Naira Devaluation Report

The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the importers and exporters’ (I&E) window. Dr. Isa AbdulMumumin, the acting Director of Corporate Communication at the CBN, released a statement on Thursday morning titled …

Read More »

CBN Devalues Naira, Bank Rate Now 630/$1

The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window the previous day, Daily Trust gathered. The devaluation came 48 hours after President Bola Ahmed Tinubu announced the plans of the federal government to unify the …

Read More »

Portable Buys Multi-million Naira Brabus G-Wagon

Popular Nigerian singer, Habeeb Okikiola known by his stage name, Portable has added a Brabus G-Wagon to his garage. The street-hop artiste took to his Instagram page to announce the purchase of the G-Wagon worth millions of naira. Portable shared photos of him posing with the black coloured ride and …

Read More »

Old 500 And 1000 Naira Notes Are Now Legal Tender – CBN

The acting Director of Corporate Communications, Dr. Isa Abdulmumin of CBN disclosed that both old and new Naira notes are now legal tender. It will be recalled that last week, the Supreme Court gave its verdict on the Naira redesign, directing the federal government to allow the validity of N200, N500, and N1000 notes till 31 …

Read More »

Naira Appreciates To N752/$ At Parallel Market As Dollar Demand Shrinks

The street traders attributed the appreciation of the local currency to low demand for dollars by customers. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 The naira has appreciated a little, new reports have shown. The naira, on Thursday, appreciated to N752 per dollar at the parallel section of the foreign …

Read More »

EFCC Intercepts N32.4m New Naira Notes Allegedly Meant For Vote-buying In Lagos (VIDEO)

Operatives of the Economic and Financial Crimes Commission, EFCC, have intercepted N32.4m allegedly meant for vote-buying in Lagos State. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 EFCC spokesperson, Wilson Uwujaren, who disclosed this in a statement on Friday, February 24, 2023, said the suspect involved has been taken into custody …

Read More »

Naira Marley Cancelled On Twitter For Performing At APC Lagos Rally (VIDEO)

Singer, Azeez Fashola, widely known as Naira Marley is getting canceled on Twitter for performing at the ongoing APC Mega rally in Lagos. The 2023 presidential elections are just days away and emotions are certainly high. While many have their preferred candidate, street singer, Naira Marley is getting knocks for supporting the All Progressive People’s Party, …

Read More »