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Receiving Money Transfers In Foreign Currency Will Kill Our Naira ― CBN

Central Bank of Nigeria (CBN)

The Central Bank of Nigeria (CBN) has said receiving international cash transfers in foreign currencies by Nigerians will affect the Naira negatively. Ms. Ozemena Nnaji, Director, Trade, and Exchange in the apex bank said this to the House of Representatives Committees on Diaspora, Banking and Currency, and National Planning at ...

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Davido Buys Customized Jewelry Worth Millions Of Naira


It is spending time for Davido as he just bought himself an expensive gift. The singer recently flaunted a customized necklace worth millions of naira. His caption read, “I didn’t come to play !!! #AGT.” See the pic, Congrats to him. David Adedeji Adeleke (born November 21, 1992), better known ...

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Kizz Daniel Sues Vanguard, Demands 100 Million Naira


Popular singer, Kizz Daniel via his record label Fly Boy Inc has slammed a 100 Million Naira lawsuit on Vanguard Newspapers over what they describe as a “malicious publication.” Recently, Boykiss blasted the newspaper and also distanced himself from an interview which stated that he insulted his fellow celebs for ...

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I Will Shave My Beard If I’m Given 36 Billion Naira – Timaya


Nigerian singer, Timaya has shared that the only reason he’d abandon beard gang is if he is given $100 million, which equals to 36 billion Naira. He disclosed to Punch that he only got rid of his dreadlocks because he felt it was the right time. His words, “Maybe $100m ...

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Buhari never said he will make naira equal to dollar – APC says

The All Progressives Congress (APC) has denied that its presidential candidate, Muhammadu Buhari, promised to make the naira equal to the dollar. Director, Policies and Strategy of the APC campaign group, Bolaji Abdullahi, made the clarification on Tuesday at the Nigeria Political Parties Discussion Series (NPPDS) in Abuja. He said ...

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