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Showing posts from January 13, 2016

THE NIGERIAN SENATE HAS THIS TO SAY ABOUT THE MISSING 2016 BUDGET

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Chairman, Senate Committee on Media And Public Affairs, Senator Aliyu Sabi Abdullahi has said that no statement made by any Senator during the plenary today can be interpreted to mean that the 2016 budget is missing.

Naira crashes to 300 against dollar

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Credit: nigerianreviews.com Monday’s stoppage of foreign exchange sales to Bureau De Change operators by the Central Bank of Nigeria failed to lift the naira on Tuesday as the currency exchanged for 300 against the United States dollar in Kano, 290 in Lagos and 292 in Abuja.

12 dead in Cameroon mosque suicide blast: security sources

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A suicide bomber killed 12 people at a mosque in northern Cameroon on Wednesday, security officials said, in an area regularly targeted by Nigeria’s Boko Haram Islamists.

BAD NEWS FOR BUREAU DE CHANGE OPERATORS WITH THE CBN NEW POLICY

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On Monday, January 11, Bureau de Change (BDC) operators got a piece of bad news as the Central Bank of Nigeria (CBN) announced that it will no longer sell foreign exchange to them.