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Nigerian power problems hold back economy – NEWS.com.au

Nigerian power problems hold back economyNEWS.com.auOdiah said he can no longer run his factory on the mains supply and instead has to use his own generators running on imported diesel, the price of which has soared due to a dive in the Nigerian naira currency. "It makes me sick. It has run my business …

Nigerian power problems hold back economy – News.com.au – NEWS.com.au

Nigerian power problems hold back economy – News.com.auNEWS.com.auNigeria's biggest power station shows the huge problems that President Muhammadu Buhari must overcome if he is to fulfil his promise to tackle chronic …and more »

Nigerian power problems hold back economy – Herald Sun

Nigerian power problems hold back economyHerald SunOdiah said he can no longer run his factory on the mains supply and instead has to use his own generators running on imported diesel, the price of which has soared due to a dive in the Nigerian naira currency. "It makes me sick. It has run my business […]

Osun Assembly To Begin Probe Of Aregbesola Over 34.5bn Naira Bailout Fund – CHANNELS TELEVISION

The Osun State House of Assembly has directed some officials of the state government and organisations to appear before it on Wednesday for questioning on how the 34.5 billion Naira bailout fund given to state by the Federal Government was used. The planned probe followed the decision of the Senate to commence similar probe. There […]

Naira falls to $485 against Dollar – TV360

The Nigerian Naira has further depreciated in the parallel market falling to 485 against the greenback and 600 against the British pound. At the official side of the market, the naira depreciated from 305 to 315 per dollar, while the pound went for N401. This is coming at a time when the Central Bank of […]

Naira falls to $485 against Dollar – TV360 Nigeria – TV360

The Nigerian Naira has further depreciated in the parallel market falling to 485 against the greenback and 600 against the British pound. At the official side of the market, the naira depreciated from 305 to 315 per dollar, while the pound went for N401. This is coming at a time when the Central Bank of […]

Naira Extends Loss Again At Parallel Market – Nigerian Bulletin

Nigerian Naira on Tuesday extended loss at parallel market to trade at N485 to the dollar within two weeks as Central Bank of Nigeria endorsed DSS’ clampdown of illegal forex traders. The currency also fell to N600 per pound and N510 to the Euro as speculation, hoarding and increasing zero confidence of foreign investors raised […]

Business – Naira Extends Loss Again At Parallel Market | Nigerian … – Nigerian Bulletin

Nigerian Naira on Tuesday extended loss at parallel market to trade at N485 to the dollar within two weeks as Central Bank of Nigeria endorsed DSS’ clampdown of illegal forex traders. The currency also fell to N600 per pound and N510 to the Euro as speculation, hoarding and increasing zero confidence of foreign investors raised […]

Group raises millions of naira to improve access to education – Premium Times

A nongovernmental group focused on widening access to education, Ace Charity, says it realised millions of naira at a fundraising held last month. Ace Charity hosted its 2016 Fundraising dinner at the Transcorp Hilton, Abuja, on November 26, to seek support for its work of providing access to literacy, while supporting the development and increment […]

Check out the list of the highest paid singers in Nigeria for 2016 – NAIJ.COM

The year is coming to an end and several experts have been working towards combining a list of artistes who had success in 2016. Here are the top ten highest earners in the music industry this year. This list takes into consideration things like Digital sales (iTunes, Music+ and YouTube), how much they made from […]

Apple will start billing Nigerian users in Naira – Wetinhappen Magazine (blog)

Over the weekend, iTunes sent out a mail to its Nigerian subscribers informing them of an imminent currency change in the iTunes Store and Apple Music. With “Currency Change in the App Store, the iTunes Store and Apple Music” in the subject line, the message read thus; Dear Subscriber, The currency of the App Store, the […]

Naira Remains Firm At N484 Per Dollar – Nigerian Bulletin

Nigerian Naira on Monday remained firm at the parallel market as speculation, hoarding and increasing zero confidence of foreign investors raised spike in the foreign exchange rate. The currency remained firm at N484 per dollar since its last trading on Friday at the parallel market with a N5 depreciatioon on Pound side from N590 to […]

Business – Naira Remains Firm At N484 Per Dollar – Nigerian Bulletin – Nigerian Bulletin

Nigerian Naira on Monday remained firm at the parallel market as speculation, hoarding and increasing zero confidence of foreign investors raised spike in the foreign exchange rate. The currency remained firm at N484 per dollar since its last trading on Friday at the parallel market with a N5 depreciatioon on Pound side from N590 to […]

How to save the Naira – BusinessDay

Our naira was once the pride of us Nigerians. Not anymore. Our national currency has been on a tailspin, much of it of our own making. While it is officially changed at 350 to the dollar, in the parallel market it has been going for as high as 480. The premium between the official and […]