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Naira falls against dollar despite CBN’s intervention

Posted by admin Economy, Headlines, Naira (Currency) Saturday, July 8th, 2017

The Naira on Friday suffered marginal loss against the dollar at the parallel market in spite of CBN’s intervention at the foreign exchange market. The Naira lost one point to exchange at N366, weaker than N365 traded on Thursday, while the pound sterling and the Euro closed at N468 and N412, respectively. At the Bureau […]

External reserve drops by $50m as .as Naira rises to N383/$

Posted by admin Economy, Latest Politics, Naira (Currency) Tuesday, May 9th, 2017

By Babajide Komolafe The nation’s external reserve on Monday dropped by $50 million, the first time in six weeks. Since March 28th, the external reserve has been on the upward trend rising from $30.3 billion to $30.983 billion Friday last week. Data posted by the CBN on its website show that the rising trend was […]

Naira further regains strength at N425 to a dollar in parallel market

Posted by admin Economy, Headlines, Naira (Currency) Tuesday, February 28th, 2017

The naira continued to regain strength and appreciate in value in the parallel market on Tuesday as it was sold for N425 to a dollar.However, it was N450 to a dollar at the close of transactions on Monday. A survey carried out by the News Agency of Nigeria (NAN) on Tuesday at the Bureau De […]

As the Dollar Sells for N500…

Posted by admin Economy, Headlines, Naira (Currency) Thursday, October 27th, 2016

As the Dollar Sells for N500… An objective evaluation and analysis of Nigeria’s economic collapse points directly to President Muhammadu Buhari and his unprecedented inaction and monumental blunder in failing to appoint his ministers and form a government until 6 months after he was sworn into office. Furthermore, the delay in having a budget passed […]

I’m under pressure to devalue naira – Buhari

Posted by admin Economy, Latest Politics, Naira (Currency) Wednesday, June 1st, 2016

It is exactly one year since Muhammadu Buhari was sworn in as President of the Federal Republic of Nigeria. Ahead of the official commemoration of his ascension to power, Buhari spoke with some journalists on the issues that have dominated his reign. Excerpts: Looking at the last one year, how would you assess what has […]

Naira Depreciation: Blame Governors’ Forum – By Daniel Osofisan

Posted by admin Articles, Columnists, Daniel Osofisan, Economy, Governors, Naira (Currency), NNP Columnists Sunday, March 27th, 2016

By Daniel Osofisan | Jos, Nigeria | March 27, 2016 – The naira has been on a steady decline for the past few months. The disparity between rates at the Central Bank of Nigeria (CBN) and that of the parallel market is as clear as the difference between day and night. Many economic analysts and keen […]

Nigeria Today! The Naira, the Dollar and the Heat in our Houses- By Leke Ademo

Posted by admin Articles, Columnists, Economy, Leke Ademo, Naira (Currency), NNP Columnists Friday, March 11th, 2016

By Leke Ademo | NNP | March 11, 2016 – I grew up in Nigeria at a time when Nigeria was still in its early developmental stage, certain areas seem to have been on a decline. It didn’t start today, it has been declining for years, but we did little about it until it became […]

The Demise of the Naira – Foundation Built on Shifting Sand – By Emeka Chiakwelu

Posted by admin Articles, Columnists, Economy, Emeka Chiakwelu, Naira (Currency), NNP Columnists Friday, March 4th, 2016

By Emeka Chiakwelu / NNP / March 4, 2016 – “… Likened unto a foolish man, which built his house upon the sand: And the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell: and great was the fall of it.” -Matthew 7:27 By now we […]

Naira now 300/dollar as forex supply slows

Posted by admin Economy, Latest Politics, Naira (Currency) Wednesday, February 24th, 2016

-punch Oyetunji Abioye The naira rose further on Wednesday against the United States dollar at the parallel market to 300 from 310 on Tuesday. The local currency, which closed at 391 against the greenback last Thursday, had risen to 375 and 310 on Monday and Tuesday, respectively. While linking the recent gain recorded by […]

IMF disagrees with Buhari, insists on naira devaluation

Posted by admin Economy, Latest Politics, Naira (Currency) Wednesday, February 24th, 2016

Oyetunji Abioye and Ade Akanbi-Punch The Central Bank of Nigeria needs to devalue the naira by adjusting the official exchange rate of N199/dollar to a more market-determined exchange rate, the International Monetary Fund has said. This position sharply differs from that of President Muhammadu Buhari, who insisted that Nigeria would not devalue the currency. A […]

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3 Osinbajo survives helicopter crash Juliana Taiwo-Obalonye, Abuja Vice President Yemi Osinbajo on yesterday survived helicopter crash in Kogi State. The Senior Special Assistant to the Vice President on [...] Osinbajo’s Chopper Crash: Thank God for Osinbajo’s safety – PDP The Peoples Democratic Party (PDP) has appreciated God for the safety of the Vice President, Prof. Yemi Osinbajo, members of [...] Anti-Corruption Fight: Nigeria needs God’s guidance, prayers – BuhariNAN President Muhammadu Buhari says fighting corruption needs God’s guidance and prayers as he pledged to redouble his administration’s efforts toward [...] Gov Ishaku’s CPS, others regain freedom from abductorsThe Chief Press Secretary to Gov Darius Ishaku of Taraba state, Alh Hassan Mijinyawa, and two others who were kidnapped [...]	4	5	6 Campaign: Buhari, Osinbajo arrive Ondo, Ekiti amidst tight securityPresident Muhammdu Buhari and Vice President Yemi Osinbajo on Tuesday arrived in Akure, the Ondo State capital, amidst heavy security [...] Burkina Faso Army kill 146 jihadistsSoldiers in Burkina Faso killed 146 jihadists in response to a terrorist attack in which 14 civilians were killed, the [...] Liberian President Weah goes spiritual, asks compatriots to ‘pray for our economy’ Liberia’s President George Weah has urged citizens to pray for two hours every day for God’s intervention in solving some [...] Igbo may lose again over lack of political intelligence –Okorocha George Onyejiuwa, and Stanley Uzoaru,Owerri Imo Governor, Rochas Okorocha, has said Igbo may lose, again, as they did in the civil war, over [...] Lagos: Ambode presents N852.317bn 2019 budgetMoshood Adebayo and Chinelo Obogo After many months of squabbles between the executive and legislative arms of government, the Lagos State Governor, Akinwunmi Ambode, [...] Women involvement key to conflicts solution, lasting peace – WANEPJuliana Taiwo-Obalonye, Abuja The West African Network of Peacebuilders (WANEP) has said without meaningful inclusion of women, there can never be a lasting [...] Again, suspected herdsmen attack Benue communitiesRose Ejembi, Makurdi There was heavy shootings around Tomatar village and environs in Guma Local Government Area of Benue State, on Monday, after [...] 2019: Buhari seeks support of Ekiti ObasWole Balogun, Ado Ekiti President Muhammadu Buhari has pleaded with Ekiti Obas to support his re-election bid for sustainable peace in [...]	7 OBJ Epistle: Teacher Don’t Teach Me Nonsense – By Olalekan Waheed AdigunBy Olalekan Waheed Adigun \| NNP \| Feb. 7, 2019 – After much hesitations, I decided to read ex-President Olusegun Obasanjo’s [...] Obasanjo belongs in dustbin of history – AkinrinadeEniola Akinkuotu, Abuja A former Chief of Army Staff, Lt-Gen Alani Akinrinade (retd.), has asked Nigerians to ignore former President Olusegun [...]	8 Abia North: Kalu leads opinion pollAhead of the forthcoming general elections, a civil society organisation, “Selfless Project’’ has concluded its opinion poll in Isiukwuato, Ummuneochi, Bende, [...]	9 Why Obasanjo’s Voice Still Matters – Dr. Jideofor AdibeDr. Jideofor Adibe \| Nasarawa, Nigeria \| Feb. 9, 2019 – Obasanjo’s recent 16-page letter to Buhari, which sounds more like [...]
10 Presidential race: The battleground statesOn February 16, Nigerians will troop out to elect a new President that will pilot the affairs of the nation [...] Elections: Nigerians react to giant broom erected in Abuja Below are their views: View image on Twitter Reno Omokri ✔@renoomokri .@ProfOsinbajo: Sir, Nigerians say we can’t point to a single project initiated, started [...]	11	12 U-20 AFCON : Flying Eagles battles Mali in semi finals Nigeria’s Flying Eagles will battle for a ticket in the final of the 2019 Africa U-20 Cup of Nations when they [...] Zimbabwe bans soldiers from marrying each other; those already married given ultimatumTHE Zimbabwe Defence Forces (ZDF) has banned serving soldiers from marrying each other and given those already married an ultimatum [...] Zambia orders suspension of controversial reality show NAN Zambia’s broadcasting regulator on Tuesday ordered Africa’s biggest television operator, Multichoice, to suspend a realty show for allegedly promoting homosexuality. The [...] Ex Somali refugee, now U.S. Congresswoman, IIhan Omar, in trouble over Israel tweet The Canadian Politician (Toronto) – Minnesota Congresswoman and first Somali in the U.S. House of Representatives, IIhan Omar, has apologized for [...] Again, Buhari’s campaign turns bloody as 4 die in Rivers TONY JOHN, Port Harcourt Four persons were confirmed dead while scores became unconscious as a result of a stampede at the Adokiye [...] Rivers polls: 54 governorship candidates drop ambition, back Wike (This is very suspicious. Were they bribed?)TONY JOHN, Port Harcourt Fifty-four gubernatorial candidates of various political parties in Rivers State have given reasons for their decision to drop [...] Why we are interested in Nigeria’s election – UKAidoghie Paulinus, Abuja The United Kingdom (UK), has said it is interest in the forthcoming elections in the country because it wants [...] Court fines EFCC, banks for freezing Benue govt’s accountsRose Ejembi, Makurdi A Federal High Court presided over by Justice Mobolaji Olajuwon on Tuesday ordered the Economic and Financial Crimes Commission, [...] 4 more Sokoto commissioners set to defect to APC – WamakkoFour serving commissioners under the incumbent People’s Democratic Party (PDP)- led Sokoto State government will soon defect to the All [...] Nigerians never learnt anything from Nigeria-Biafran War; causative factors still with us till now – Gen OkonJoe Effiong, Uyo, A Biafran war veteran, Major-General Okon E. Okon (retd), has warned that the problems which led to the [...] US Ambassador replies FG over comments on 2019 elections Aidoghie Paulinus, Abuja The United States (US), has replied the Federal government following an allegation that it was undermining the credibility [...] Canada to welcome refugees from Libya, other African countries – Ahmed Hussen, Immigration Minister The Canadian Politician – (Toronto) As part of Canada’s commitment to the United Nations Refugee Agency to resettle refugees fleeing war, [...]	13 Why Osinbajo’s chopper crashed by AIB Louis Ibah The Accident Investigation Bureau (AIB) has released a preliminary report on the cause of the crash of a Caverton [...] Boko Haram attacks Shettima’s campaign convoyTimothy Olanrewaju, Maiduguri Boko Haram insurgents have attacked the convoy of Borno State governor, Kashim Shettima, along a major road in [...] Militants were unleashed on my government – Buhari declaresJuliana Taiwo-Obalonye’s, Abuja President Muhammadu Buhari has disclosed that militants were unleashed on his government in the early days of his administration. He [...] Breaking: CCT orders Police, DSS to arrest suspended CJN, OnnoghenBy Ikechukwu Nnochiri ABUJA—The Code of Conduct Tribunal, CCT, sitting in Abuja, has ordered key security agencies in the country to [...]	14 15 Imo guber candidates adopt Araraume By Chinonso Alozie Fifteen governorship candidates of different political parties under the platform of Forum of Imo State Governorship Candidates, today [...] Breaking: Former U.S President, Bill Clinton calls BuhariBy Nwafor Sunday Former President of the United States, Bill Clinton, Wednesday, called the Presidential candidate of the All Progressives Congress, [...]	15 Number of PVCs exceeds total registered voters in Oyo The number of Permanent Voter Cards in Oyo State is 28,539 higher than the number of registered voters in the state. While [...] JUST IN: INEC postpones elections to Feb. 23 – says it is not ready – Nigerians and international community disappointed The Independent National Electoral Commission has decided to shift Saturday’s presidential and National Assembly elections till next week 23 February. It [...] President Trump declares national emergency at U.S. southern border with MexicoThe Canadian Politician (Toronto) – President Trump on Friday declared a national emergency at the southern border where he said drugs, [...]	16
17 Wike alleges plot by Amaechi, others to bomb INEC offices, disrupt pollsTony John, Port Harcourt Rivers State Governor, Nyesom Wike, has has alleged a plot by his predecessor, Chibuike Amaechi, in collaboration with [...]	18 Global Media Coverage: Campaigning Begins in Nigeria after last minute postponement of presidential vote The Canadian Politician – (Toronto) – The last minute delay of the Nigerian presidential elections have spiralled into an accusation match [...]	19	20 Woman accuses ex-footballer, Kaita of child abandonment, petitions NAPTIP By Aderogba George A woman, Ms Esther Eniola, has petitioned the Director-General of the National Agency for the Prohibition of Trafficking [...] Neymar cried for 2 days after latest injuryParis Saint-Germain star Neymar has revealed to Brazilian TV channel Globo that he “spent two days at home crying” after [...] Invalid medical certificate: Uzoho,Super Eagles goalkeeper, suspended, fined €1000 The Cyprus Football Association have suspended Super Eagles first choice goalkeeper, Francis Uzoho for one match following a ruling on a [...] $4m puts Atiku’s associate in trouble The Economic and Financial Crime Commission (EFCC) is reported to have arrested an associate of the Peoples Democratic Party (PDP) [...] Customs detain four officers over civilian friend’s killing Etim Ekpimah The Nigeria Customs Service has said that four members of the patrol team involved in the killing of their [...] Gunmen assassinate Imo APC chairman Unknown gunmen have assassinated a chairman of the All Progressives Congress (APC) in Imo State Ifeanyi Ozoemena. Ozoemena is the APC [...]	21 Ballot snatching: Groups berate Atiku, support ArmyA prominent group, Media For Morals, has expressed what it described as its full support for the Nigerian Army, particularly the [...] N4.9bn fraud: EFCC confronts Fani-Kayode with 115 cheques Oladimeji Ramon The N4.9bn fraud trial of a former Minister of Aviation, Mr Femi Fani-Kayode, resumed on Wednesday with the prosecution [...]	22	23
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NNP New Nigerian Politics - Covering Nigerian Politics Like a Blanket

Naira falls against dollar despite CBN’s intervention

External reserve drops by $50m as .as Naira rises to N383/$

Naira further regains strength at N425 to a dollar in parallel market

As the Dollar Sells for N500…

I’m under pressure to devalue naira – Buhari

Naira Depreciation: Blame Governors’ Forum – By Daniel Osofisan

Nigeria Today! The Naira, the Dollar and the Heat in our Houses- By Leke Ademo

The Demise of the Naira – Foundation Built on Shifting Sand – By Emeka Chiakwelu

Naira now 300/dollar as forex supply slows

IMF disagrees with Buhari, insists on naira devaluation

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