Naira (Currency) | New Nigerian Politics

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

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

NNP BREAKING NEWS:

Categories

Browse National Politics

Browse Corruption Politics

fvevveee

Advertisement

Browse NNP Columnists

Browse Books & Magazines

Alleged corruption: EFCC replies Fayose

FEATURED VIDEOS

SEARCH POSTS BY DAY & MONTH

Headlines

Pages

FEATURED LINKS

ADVERTISEMENT

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

3
Abuja marriage scamCharity Nwakaudu, Abuja They call it “Abuja marriage.” It is another name for “arrangee marriage,” because it is contracted [...]
Widow lifts 150 widows in AnambraJeff Amechi Agbodo, Onitsha A privileged widow, Mrs. Noni Nwasike, has lifted at least 150 widows in Ogidi, Idemili North Local Government Area [...]
Nuclear war looms, UN warnsPrudence Arobani (NAN)The United Nations warns that the threat of a nuclear weapon being used is now “higher than it has [...]
Five reportedly killed by gunmen in BenueRose Ejembi, Makurdi No fewer than five persons were reportedly killed Tuesday night by gunmen suspected to be Fulani herdsmen in Mondo [...]
In Onitsha, FRSC impounds 52 trucks for speed, other offences Peter Okolie Federal Road Safety Corps (FRSC) in Anambra on Tuesday impounded 52 articulated vehicles for contravening traffic rules in the [...]
Kolade Johnson’s killers will be prosecuted, Buhari assures Juliana Taiwo-Obalonye, Abuja President Muhammadu Buhari has vowed that the killers of Kolade Johnson, a football fan, would be prosecuted. A stray bullet [...]
BREAKING: Onnoghen closes his defence after his driver’s testimony Godwin Tsa, Abuja After calling his 60-year-old driver as his witness, the suspended Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, on [...]

9
Rwanda Honours Those Killed in Genocide 25 Years AgoRwandans gathered on Sunday to begin a solemn commemoration of the lives of 800,000 Tutsi and moderate Hutus murdered during [...]
Chibok, Dapchi representatives visit Synagogue to pray for Leah Sharibu’s releaseRepresentatives of Chibok in Borno and Dapchi in Yobe on Sunday sought spiritual help at The Synagogue, the Church of [...]
Eight killed in ethnic clashes in EbonyiA renewed communal crisis between people of Ikwo and Abakaliki council Areas of Ebonyi state, south -east Nigeria, has claimed [...]
Fire guts Sam Mbakwe airport in OwerriSome parts of the Sam Mbakwe Airport in Owerri, Imo capital was gutted by fire which was reported to have [...]

10
Why US is assisting Nigeria on poverty, unemployment –Consul General Oluseye Ojo, Ibadan The United States of America Consul General in Lagos, John Bray, yesterday, opened up on why the the US [...]
Israeli PM wins re-election with parliamentary majority Israeli Prime Minister Benjamin Netanyahu secured a clear path to re-election yesterday, with religious-rightist parties set to hand him a parliamentary majority [...]
JAMB bans wrist watches, pens, phones, 15 others at UTME centresThe 1.8million candidates sitting for the 2019 Unified Tertiary Matriculation Examination (UTME) from Thursday 11 April are prohibited from bringing [...]
Ailing Chukwu doesn’t need surgery in US – Rangers • Otedola offers to foot medical bill‘Tana Aiyejina Enugu Rangers say Christian Chukwu does not need surgery abroad after undergoing treatment for an undisclosed ailment in Enugu. [...]
Alleged N400m fraud: Metuh gets fresh date The ongoing trial of former Peoples Democratic Party Spokesman, Olisa Metuh over alleged N400 million fraud was on Wednesday stalled [...]
FCT police parades 54 suspects for ‘One Chance,’ armed, robbery, drugs offencesMolly Kilete The Federal Capital Territory (FCT) police command has paraded 54 suspects for armed robbery, ‘one chance,’ drug, murder and [...]
Osinbajo presides over FEC meetingJuliana Taiwo-Obalonye, Abuja Vice President Yemi Osinbajo is currently presiding over the weekly Federal Executive Council (FEC) meeting. The meeting started around [...]
Nigeria needs $100bn annual investment to close infrastructure gap – BPEUche Usim, Abuja For Nigeria to address its scary infrastructural challenges, a concerted effort to invest $100 billion annually for at [...]
Islamic Movement locks down British High Commission over Tony Blair’s visitAidoghie Paulinus, Abuja Members of the Islamic Movement of Nigeria (IMM), otherwise known as Shiites, have halted both human and vehicular [...]
Court orders Evans to get legal representative by May 17 (NAN)Justice Adedayo Akintoye of an Igbosere High Court, Lagos, on Wednesday ordered the suspected kidnap kingpin, Chukwudumeme Onwuamadike, a.k.a Evans [...]
Wives of soldiers killed in the North East get reliefPhilip Nwosu, Lagos Over 50 widows of soldiers killed in battle in North East Nigeria have been provided with items to help [...]
NAF strike destroys more bandits bases, kills scoresMolly Kilete The Nigerian Air Force (NAF) has said that its Air Task Force (ATF), engaged in the fight against banditry [...]

11
Julian Assange, Wikieleaks founder, ejected from Ecuadorian Embassy and arrested by British PoliceWikiLeaks founder Julian Assange has been evicted from the Ecuadorian Embassy in London where he had been holed up since [...]
Coup: Al-Bashir ousted as President of SudanSudanese President Omar al-Bashir has been ousted in a military coup and consultations are under way to form a transitional [...]
Italian man murders Nigerian prostitute for failing to satisfy him An Italian man,Leopoldo Scalici, 41,has been arrested for allegedly murdering a Nigerian prostitute, identified as Benedicta and dumping her body [...]

17
FG declares Friday, Monday public holidaysRomanus Ugwu, Abuja The Federal government has declared Friday and Monday, April 19 and 22, 2019, public holidays to enable Christians [...]
Sudan’s ex-President Omar al-Bashir moved to prison (BBC) Sudan’s former President Omar al-Bashir has been moved to Kobar maximum security prison, days after he was deposed in [...]
Ministers ordered to submit all pending memos April endingJuliana Taiwo-Obalonye, Abuja As President Muhammadu Buhari’s first term in office prepares to wind down by May 29, ministers in the cabinet [...]
Breaking: I’m far more qualified than Atiku,’ Buhari tells tribunalGodwin Tsa, Abuja President Muhammadu Buhari has challenged the Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar to produce [...]
Former Peruvian president kills self after police arrived at his home to arrest him over bribery allegations (BBC)Former Peruvian President Alan García has died after shooting himself as police arrived at his home to arrest him over [...]
Judge freed, arrested, faces fresh charges Romanus Okoye The Economic and Financial Crimes Commission (EFCC), yesterday, re-arrested Justice Rita Ofili-Ajumogobia, few minutes after a Lagos High Court sitting [...]

18
APC adopts Gbajabiamila as Speaker(NAN) The ruling All Progressives Congress (APC) has adopted Hon. Femi Gbajabiamila as its candidate for the position of the [...]
Thieves break into police station as officers watch UEFA match(NAN) Thieves broke into a Kenyan police station on Tuesday night as all officers on duty abandoned their post to [...]
Supreme Court dismisses suit seeking Gov. Fayemi’s disqualification Godwin Tsa, Abuja The Supreme Court has dismissed the appeal filed by former Ekiti State Governor Segun Oni challenging the eligibility of [...]
ICPC calls for synergy in prosecuting electoral offenders (NAN)Prof. Bolaji Owasanoye, Chairman, Independent Corrupt Practices and other Related Offences Commission (ICPC), has advocated collaborative efforts in prosecuting electoral [...]
Court remands 2 traffic wardens for killing NSCDC, officer in AbujaMolly Kilete, Abuja The Police Force headquarters in Abuja, has said that the two traffic wardens who participated in the killing [...]
12m Nigerians to benefit from ‘Next Level’ social investment – FG(NAN) Over 12 million Nigerians are to benefit from the ‘Next Level’ of the Federal Government’s National Social Investment Programme [...]
Police arrests spiritual father of kidnappers terrorizing Abuja/Kaduna highwayMolly Kilete, Abuja The police headquarters in Abuja has announced the arrest of one Mallam Salisu Abubakar, 48, said to be the [...]
Tears flow as Nasarawa holds mass burial for 16 killed by herdsmen Linus Oota, Lafia Tears and anger rolled uncontrollably as victims of the recent Nasarawa killings were laid to rest in Kochum-Numa [...]

21
Sri Lanka attacks: More than 200 killed as churches and hotels targetedAt least 207 people have been killed and 450 hurt in explosions at churches and hotels in Sri Lanka, police [...]
My parents from Sokoto, Jigawa –AtikuCandidate of the People’s Democratic Party (PDP) in the February 23 presidential poll, Atiku Abubakar, has debunked claims of the All [...]
3rd Mainland Bridge safe –FG The Federal Ministry of Power, Works and Housing, has assured motorists in Lagos that the Third Mainland Bridge is safe for [...]

22
5 traffic robbers arrested Christopher Oji The Lagos State Police Command has arrested five suspected notorious traffic robbers. The suspects were nabbed while robbing motorists and [...]
British woman killed, three other people kidnapped in northern Nigeria (Reuters) – Kidnappers in Nigeria killed a British woman and a Nigerian man and abducted three others in the northern [...]
Adams to Buhari: Operate economic policy that will guarantee three square meals for NigeriansOluseye Ojo, Ibadan The Aare Ona Kakanfo of Yorubaland, Iba Gani Adams, has told President Muhammadu Buhari to operate an economic [...]
Attack on Mali army base kills 11 soldiersBAMAKO (Reuters) – Gunmen attacked a Malian army base in a dawn raid on Sunday, killing 11 soldiers and burning [...]
4 suspected Boko Haram members arrested in EdoEdo State Police Command has arrested four suspected Boko Haram members in the state. The suspects, who are also said to be [...]

23
Kim, Putin hold talks in Russia tomorrow North Korean leader Kim Jong Un and Russian President Vladimir Putin will meet tomorrow in the Russian Pacific port of Vladivostok [...]
Islamic State group claims Sri Lanka Easter bombingsThe Islamic State group yesterday said it was behind a devastating string of suicide attacks against churches and hotels in Sri [...]
9th Senate: Crack in APC widensFred Itua, Abuja and John Adams, Minna Cracks in the All Progressives Congress (APC) over the zoning of the various positions in the incoming [...]
Saudi Arabia executes 37Saudi Arabia has executed 37 people in connection with terrorism crimes, its interior ministry has said. “The death penalty was implemented… on [...]