Saturday, February 27

Tag: Exchanges

Naira Slumps Further, Exchanges For 473/$
Business

Naira Slumps Further, Exchanges For 473/$

The naira suffered further setback at the parallel market and Investors and Exporters forex window on Tuesday. According to figures obtained from Bureau De Change operators, the naira exchanged to the dollar for 473/$ at the parallel market. It had earlier gained in recent times after it closed the year 2020 at 467/$. At the I&E window, the naira fell by 0.17 per cent to close at 394/$ on Tuesday. It reached a low of 401 at the I&E window at the close of 2020. The Central Bank of Nigeria however maintained the official exchange rate at N379/$ on its website. The Association of Bureaux De Change Operators of Nigeria recently appealed to the CBN to make BDCs payout agents for diaspora remittances. The President, ABCON, Alhaji Aminu Gwadabe, said the apex bank...
Somalia President Exchanges Blows With Deputy At A Public Function (Video)
News

Somalia President Exchanges Blows With Deputy At A Public Function (Video)

In a rather unpopular turn of events, Somalia president, Mohamed Abdullahi Farmaajo and his deputy exchanged James Bond kind of blows to the point of wrestling to the ground. They were sitted next and close to each other in what seemed like a press briefing. They were holding hands as if there was something that both of them wanted to have, before they stood up blowing each other blue and black. It took efforts of a handful of men to separate the two who were busy tearing each other apart. This is a very rare occurrence to happen anywhere in the world. It is not only embarrassing but also a very bad example from the people who should be preaching peace and acting as good role models to the entire country. They fought in public and in front of the cameras. The act can fuel dan...
Napoli open talks for Barcelona fullback Junior Firpo
Sport

Napoli open talks for Barcelona fullback Junior Firpo

Barcelona fullback Junior Firpo is interesting Napoli. Sport says Cristian Giuntoli, the club's sporting director, has asked Barcelona about Junior's current situation. He wanted to know first hand the news and Barcelona told him that Junior could go. Napoli have positioned themselves in the race, although the economic crisis means it will be difficult to make a big offer for him. They have other options available but Junior will be the priority. Napoli were hoping to loan him but Barcelona want a permanent sale. They would accept a transfer for 20m euros even if the payment needs to be delayed. No player exchanges were discussed.
See How this Lady Got to Know her Boyfriend is Married with 2 Kids
News

See How this Lady Got to Know her Boyfriend is Married with 2 Kids

A confused Nigerian lady has taken to a Facebook group to reveal how she got to know her boyfriend is married with 2 kids. The lady who goes by the name Princess Sarah Okon on the social media platform, revealed that she met the man and was suspicious that he could be married. Read her post below to find out how she got to know he is not single as he claimed: Please help me out,I met this young man and we exchanged number, he told me abt himself that he was single and he is living with his friend,I started dating him but I found out that he has mark of wedding ring on his finger but he denied that he was not married. He explained that the ring was Jesus Christ ring that he bought from church and it was too tight on him that was why he pull it,I only spend few time with him wh...
Tonto Dikeh blasts Fans Asking her Why she Changed her Son’s Surname to Her Father’s Name
Celebs

Tonto Dikeh blasts Fans Asking her Why she Changed her Son’s Surname to Her Father’s Name

Today March 31st is Mothers day. Tonto who is estranged from her ex-husband, Olakunle Churchill, shared a photo of their son on her IG page and referred to her son as King Andre Dikeh. A fan who noticed this asked her to stop humilating her ex-husband and Tonto clapped back, dragged her ex-hubby and also asked everyone to mind their business regarding the way she has chosen to raise her son. See their exchanges below
Arsenal Wenger And I Were Sweet Enemies – Jose Mourinho
Sport

Arsenal Wenger And I Were Sweet Enemies – Jose Mourinho

Former Chelsea and Manchester United manager, Jose Mourinho, has labeled former Arsenal manager, Arsene Wenger, ' a sweet enemy' outlining how hard it was to dislodge the Arsenal manager from the throne of English football. Mourinho and Wenger were involved in a number of heated exchanges with each other over the years, with Mourinho once labeling Wenger a 'specialist in failure' but Mourinho insists it has done nothing to diminish his respect for the 69-year-old.   Mourinho had a heated rivalry with Wenger and Sir Alex Ferguson during his first stint as Chelsea manager in 2005, just after Arsenal lifted the EPL trophy without suffering defeat – an achievement that saw them labeled  'the Invincibles'. The rivalry continued during Mourinho's second spell in Chelsea ...
Pastor allegedly calls Daddy Freeze an idiot, while exchanging shoe worth 145k with member
News

Pastor allegedly calls Daddy Freeze an idiot, while exchanging shoe worth 145k with member

A Pastor allegedly called Daddy Freeze an idiot, while exchanging his shoe worth 145k with a member during his church’s annual Thanksgiving service and celebration. The Pastor identified as  Bishop Omooba Adebowale of Life House Pentecostal Church Worldwide in Lagos, called out a man from the congregation and gave out his shoe reportedly worth $400 (over N145,000) to him to his surprise and that of others present. However one of the highlights of the shoe exchange was the Pastor allegedly calling Daddy Freeze an idiot, and further telling Nigerians not to listen to him because God will visit him soon. Eyewitnesses alleged that the Pastor said when one gives, he or she receives. Here are photos from the event below; The Senior Pastor of Christ Apostolic Church (CAC) Chapel...
2019 Elections Result will Reflect People’s Will, Buhari Reassures
Politics

2019 Elections Result will Reflect People’s Will, Buhari Reassures

Muhammadu Buhari President Muhammadu Buhari yesterday in Abuja said he understood the yearnings of Nigerians and strongly believed in the collective dream for a greater country, assuring that all would be done to ensure that results of 2019 elections reflected the will of the people.He made the remark while receiving the Letter of Credence from Ambassador of Finland to Nigeria, Dr. Jyrki Juhani Pulkkinen, at the Presidential Villa, Abuja. In a statement by the Special Adviser on Media and publicity, Femi Adesina, Buhari said Nigerians reserved the right to elect leaders at various levels in 2019, stressing that all efforts would be made to safeguard the integrity of the process. “I respect the people’s feelings. I assure all that we will have a free and fair election next year,’...
2019 Elections Threatened, Unless…, PANDEF, Afenifere, Ohanaeze, M-Belt, NEF Tell Buhari
Politics

2019 Elections Threatened, Unless…, PANDEF, Afenifere, Ohanaeze, M-Belt, NEF Tell Buhari

Leaders, under the aegis of Northern Elders Forum, NEF; Afenifere, Ohaeneze Ndigbo, Pan-Niger Delta Forum, PANDEF, and Middle Belt Forum, yesterday, expressed pessimism over the 2019 general elections. Eection They also appealed to President Muhammadu Buhari and the leadership of the National Assembly to resolve all matters relating to funding of Independent National Electoral Commission, INEC, without further rancour, in the interest of the nation. The leaders also said it has become imperative for there to be a strong synergy between the executive and legislature for a successful amendment of the Electoral Act, even as they expressed fears that the issue of vote-buying was taking a more dangerous dimension, which must be nipped in the bud by the political class, the governme...
Lagos Fraudster Exchanges Fake $7,000 For N3.4m
News

Lagos Fraudster Exchanges Fake $7,000 For N3.4m

A suspected fraudster, John Eze, has been arrested by the Zone 2 Police Command, Onikan, Lagos State, for allegedly defrauding a Bureau De Change operator, Ismaila Ali, in the Ikoyi area of the state. PUNCH Metro learnt that 34-year- old Eze had approached Ali sometime in January 2017, to exchange the sum of $7, 000 for the naira equivalent . Ali was said to have paid Eze N 3, 451, 000, buying the dollars at the rate of N 493 per dollar. The duo reportedly parted ways after the transaction , which held inside the suspect ’ s LEXUS 470 Jeep with number plate, Lagos AKD 612 DA. The bubble burst when Ali got to his office on Treadsmaqueen Street, Ikoyi , where another customer was waiting to exchange naira for dollars. As he brought out the money, he allegedly discovered that Eze...
Naira Extends Stability At Major Forex Market, Exchanges At N498 To A Dollar
News

Naira Extends Stability At Major Forex Market, Exchanges At N498 To A Dollar

Lagos – The Naira on Tuesday continued to extend its stability against the dollar at all the major segments of the forex market. At the parallel market, the Naira exchanged at N498 to a dollar, while the Pound Sterling and the Euro traded at NN615 and N525, respectively. Trading at the Bureau De Change (BDC) window saw the Naira exchanged at N399 to a dollar, Central Bank of Nigeria (CBN) controlled rate, while the Pound Sterling and the Euro closed at N616 and N527 respectively. The Naira also remained stable at the interbank market as it traded at N305.25 to a dollar. Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON), said that the increase in the nation’s external reserves and the global fall in the dollar contributed in the Na...