Tag: dollars
CBN injects dollars into Nigeria’s economy
Central Bank of Nigeria (CBN) has injected dollars into the market on Friday after a lull in foreign exchange trade…
“Don’t panic there’s no shortage of liquidity,” CBN Governor urges banks
Nigerian central bank Governor Godwin Emefiele ruled out on Thursday a naira devaluation and told people not to panic about…
Nigeria banks reject dollar deposits to curb speculation – FCMB CEO
LAGOS, (Reuters) – Nigeria’s commercial lenders have stopped collecting cash deposits in dollars in a move to discourage speculation on…
Naira records mixed trading at official, parallel markets
The naira on Friday remained stable against some major international currencies at the official and parallel markets. NAN reports that…
Dollar Tactic: PDP planning to implicate APC leaders again
The All Progressives Congress (APC) has uncovered yet another in the series of devilish plots being hatched against the leadership…
Fashola To Jonathan: Give Your Dollars To Oil Marketers
Kazeem Ugbodaga Lagos State Governor, Babatunde Fashola has challenged President Goodluck Jonathan to use the dollars he is using to…
We Don’t Want Your Dollars, S/West Muslim Leaders Shun Prez Jonathan
Jamiu Yisa Muslim Leaders and Imams in the southwest on Sunday, shunned an invitation to meet with President Goodluck Jonathan at…
Naira sells at N224 to dollar
The Naira on Friday weakened further as it sold at N224 against the dollar at the Bureau de Change (BDC).…
Naira loses 73kb against dollar
The Naira on Monday depreciated against the dollar, dropping by 73 kobo at the official market. NAN reports that the…
FG Plans Regional Transport System
The Federal Government has concluded plans to establish a regional maritime transport system to boost trade distribution of made in…
Lady Drugs Sex Partner, Steals Dollars
A 26-year old woman, Ijeoma Abazie has been arrested by the police and charged before Isolo Magistrate’s court, Lagos, southwest…
Nigerian Oil Expatriates Highest Paid In The World
A typical oil and gas executive in Nigeria earns nearly half a million dollars a year, chalking up the biggest…