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Topic: Naira

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In the News (Sat 20 Jul 19)

  NAIRA - Home   (Site not responding. Last check: 2007-11-06)
NAIRA is a response to the void in the representation of Asian Indians in the Republican Party, and its motto is:
NAIRA is an officially recognized affiliate of the Republican Party and works under the broad framework of the Republican Party.
NAIRA is a step in the right direction and has taken as its mission to rectify the current situation.
www.naira.org   (474 words)

Naira exchange rate at the AFEM depreciated from 86 to 95 naira for one US dollar, while at the parallel market it moved from about 88 to 105 naira for one US dollar.
A total of 170 billion naira is proposed for funding the capital development programme of Government during the year, as against 118.7 billion naira in 1999, an increase of 51.3 billion or 43.2 percent.
If the proposal for 30 billion naira in the Supplementary Appropriation Bill for 1999 is approved by the National Assembly for the same item, the vote for year 2000 would bring to 50 billion naira the amount which will be used to reduce the accumulated debts on these Projects.
www.n-today.ndtilda.co.uk /rec141.htm   (3823 words)

 NAIRA - News   (Site not responding. Last check: 2007-11-06)
On Aug.1st, NAIRA met with Rep. Tom Tancredo to discuss the issue of H1 visa holders.
NAIRA would have liked to see temporary relief for a period of one year, however, the congressman agreed that current stipulations in the H1 program needs to relaxed to give humanitarian considerations to unemployed H1 visa holders.
NAIRA is looking forward after this meeting to push the H1 issue, and we will continue to brief all of you on our needs and challenges to achieve this goal.
www.naira.org /News.asp   (230 words)

 Naira and the economy   (Site not responding. Last check: 2007-11-06)
The slight appreciation of the Naira recently under the very conditions said never to give rise to a strong Naira is a clear corroboration of the above conclusion.
Records of IFEM Naira movements since 1986, show the Naira to have devalued at the average of 12 kobo, that is, one thousand forty- five times but gained value at the average of 3 kobo which is one hundred and sixty five times.
The Naira is the blood that runs in the vein of the Nigerian economy.
www.nigerdeltacongress.com /narticles/naira_and_the_economy.htm   (1101 words)

 Sanusi and the Naira
Chief Sanusi is a different breed as the chief custodian of our national currency, and not the CEO of the First Bank where the constituency he accounts to was limited to the share holders of that bank.
The multiple sum of Naira back up for dollar purchases therefore sterilise the quantum of Naira required for the domestic economy that is placed to chase the dollar on the external economy.
I mean the Naira exchange gain which is left unaccounted for in the federation account for subsequent distribution.
www.nigerdeltacongress.com /sarticles/sanusi_and_the_naira.htm   (922 words)

 NgEX! NigeriaExchange - Nigeria - Government -> Officials
This amount is 1.28 billion naira lower than the corresponding budget estimate of 33.33 billion naira for the period.
Between January and September 2000, the sum of 47,781 billion naira was paid to the oil producing states on the 13 per cent derivation principle.
The estimate recurrent expenditure for 2001 is 414.2 billion naira.
www.ngex.com /nigeria/govt/president/2001budgetspeech.htm   (4160 words)

 Currency Managemnet
Nigeria's domestic currency is the Naira, which is circulated in banknotes and coins.
The Naira bank notes and coins are legal tender that enjoy general acceptability backed by the coercive power of the state.
The widespread confidence in Naira purchasing power makes it popular in the region and enhances the operation of the payment system.
www.cenbank.org /currencymgt   (89 words)

Naira Hovakimyan, Flavio Nardi, Anthony Calise, Hungu Lee, Adaptive Output Feedback Control of a Class of Nonlinear Systems using Neural Networks.
Naira Hovakimyan, A note on taking full advantage of feedback linearization for adaptive output feedback control.
Naira Hovakimyan, Arik Melikyan, Geometry of Pursuit-Evasion on Second-Order Rotation Surfaces.
www.aoe.vt.edu /~nhovakim/publications.html   (2094 words)

 Vanguard - Columns : Unresolved burden of five rates of naira to dollar
The current practice is for the CBN to consolidate the distributable dollar revenue each month and then convert the total to a naira value at a rate unilaterally determined by the CBN.
This practice requires the provision of a huge naira cover which keeps the mints busy while its shortfalls are garnered by borrowing back government money through the sales of treasury bills with interest rates of up to 17% from the money market.
The naira requirement for each month is further supplemented with receipts from the sale of dollars to commercial banks at the twice weekly Dutch Auction System.
www.vanguardngr.com /articles/2002/columns/rational/rt31012005.html   (1370 words)

 Library of Congress / Federal Research Division / Country Studies / Area Handbook Series/ Nigeria / Glossary
Since the civil war of 1967-70 and the replacement of the former administrative regions by states, use of the term has diminished among Nigerians who wish to downplay the regional connotation formerly attached to it.
The naira was introduced on January 1, 1973, replacing the Nigerian pound (q.v.
The naira subsequently lost value against the dollar; average exchange rate in 1990: N8.04 per US$1.00.
lcweb2.loc.gov /frd/cs/nigeria/ng_glos.html   (981 words)

 TRAE days: Naira spraying in Igbo traditional events
Naira (Nigeria’s currency) spraying/money spraying/Naira shower/Naira rain for those who don’t know is the spraying of money on people.
In Nigeria with globalization and the use of currency notes Naira spraying has become part of the culture.
And I tell you had there being no Naira shower but just straight up wedding shit, the ceremony would have been damn boring.
traedays.blogspot.com /2004/11/naira-spraying-in-igbo-traditional.html   (438 words)

Incidentally, it was discarded because of volatility of naira exchange rate during its regime.
The naira has also continued a dangerous slide, depreciating at an alarming rate from N83.8 to one US dollar in 1999 to N125.65 to one US dollar, hence naira has lost 4,185 kobo or 49.58 per cent of its original value under the present management of the CBN.
The naira exchange rate under DAS averaged N128.67 per dollar in the eleven-month period compared with N120.23 per dollar at the inter bank foreign exchange market (IFEM) in the corresponding period of 2002, indicating a depreciation of 6.6 per cent.
www.nigerianmuse.com /essays/DASwriteups.htm   (7420 words)

For scans of other bills, here is an excellent link that has just about every Naira bill that ever existed.
In 1986, the ruler at the time introduced market reforms, freeing exchange and interest rates, and this led to a sharp drop in the value of the Naira, while lending rates rose to more than 40 percent.
However, even if agriculture was able to go back to where it was, the population growth was huge, and the agriculture in the country has been unable to keep up with this.
www.motherlandnigeria.com /economics.html   (1236 words)

 IMF/GFS Availability Index Page   (Site not responding. Last check: 2007-11-06)
data.library.ubc.ca /datalib/finance/imf/gfs/694.html   (137 words)

 www.businessinafrica.net | news Nigerian naira slightly appreciates
The naira appreciated by 0.01 naira against the US dollar at the last auction of the DAS on Wednesday, closing at 132.85 naira to the dollar.
The exchange rate was 132.86 naira to the dollar at the close of business last week and had remained at that rate at the first auction of the DAS Monday.
The naira however depreciated marginally at the parallel market segment of the foreign exchange market last week, closing at between 138.50 and 139.50 naira to the dollar.
www.businessinafrica.net /news/411269.htm   (347 words)

 8.4 Billion Naira Defence Budget, Vanished!! - www.ezboard.com
But we all know that, the first 250 Nigerian soldiers to land in Liberia, were lifted from Sierra Leone By United Nations Helicopters, and the United States Government donated money to the Nigerian Government for the cost of Logistics.
Meanwhile his office is yet to explain what has happened to the 73 Billion Naira appropriated to the 774 Local Governments in the past six months, that was recently declared missing from the treasury.
This amount could create jobs and generate a ten-fold (814 billion Naira) income to some Nigerians if proper economic structures are in place.
p221.ezboard.com /fnigeriadiscussionsfrm2.showMessage?topicID=307.topic   (354 words)

 NAIRA - Band page with free MP3 music downloads on SoundClick
Naira is Nigerian currency and for me it was a way I could represent my african descent.
Naira now means N.igerian A.merican I.'m R.epresentin A.frica
Cleopatra Yejide Adedeji, better known to the music industry as NAIRA, is the new up and coming Urban soul sensation.
www.soundclick.com /bands/9/naira.htm   (330 words)

 Vmobile WAP: My First Experience (lost 120 naira) / Mobile Nigeria Forum
He said my phone (Sendo SV663) is not among the phone presently on their site, that is the reason why I cannot receive the signal, and I asked him of the crasy bill, he said I would be billed, cos am making use of the dial-up number.
But again, it could be that the settings are correct and V is messing you up.
AYA, I was able to use WAP 2.0 on a Nokia phone which did not allow me to choose the WAP port.
www.mobilenigeria.com /viewtopic.php?id=149   (1595 words)

 Time to change the leaders of the Nigerian trade unions
As we said, they will undoubtedly try and cover their backsides by putting the blame for the "weakness" of the movement on the shoulders of the TUC leaders.
They said they would stand firm on the 26 naira price and then almost immediately (on the second day) started saying they would accept 26 naira, then 30 naira.
At the end the standoff between the government and the NLC was no longer between the 40 naira and 26 naira levels, but between 33 and 35 and at one point the difference had become half a naira, or 50 kobos!
www.marxist.com /Africa/nig_strike_betrayal.html   (2476 words)

 nigeria   (Site not responding. Last check: 2007-11-06)
Scan donated by Ricardo Ramirez G. P-24c, 5 Naira, (1984-?)
Scan donated by Ricardo Ramirez G. P-24d, 5 Naira, (1991)
P-New(a), 10 Naira, 2003 - Hi Res scan of embossed paper w/2002 date.
aes.iupui.edu /rwise/countries/nigeria.html   (56 words)

 Naira Hostal Hotel - La Paz - Naira Hostal Hotel Reviews - TripAdvisor   (Site not responding. Last check: 2007-11-06)
Naira Hostal Hotel - La Paz - Naira Hostal Hotel Reviews - TripAdvisor
We currently do not have any Web articles about Naira Hostal.
If you know of a travel article about it, please let us know so we can post it here!
tripadvisor.com /Hotel_Review-g294072-d505300-Reviews-Naira_Hostal-L...   (319 words)

 BUDGET 2001- THE ROAD TO RECOVERY   (Site not responding. Last check: 2007-11-06)
Non-Oil Revenue: Non-oil revenue for the eighth months of the year amounted to 197,8081 billion naira, which was 32,591 billion naira below the corresponding budget estimate of 230.4 billion naira for the same period.
The sources are Customs and Excise, Companies Income Tax, VAT, Federal Government Independent Revenue, Levies, Education Tax, Tax on Petr5oleum Products, Proceeds from sale of grains, fertiliser and privatisation proceeds.
Consequent upon these receipts, the sum of 362,736 billion naira went to the Federal Government; 236.116 billion naira to the States and FCT; and 149.600 billion naira to the Local Government Councils including the Area Councils of the FCT.
www.nopa.net /Useful_Information/Presidential_Speeches/budget2001.html   (4207 words)

 Africa News Service: LAWMAKERS PASS 894.214 BILLION NAIRA 2001 BUDGET@ HighBeam Research   (Site not responding. Last check: 2007-11-06)
lawmakers Tuesday passed the 2001 Appropriation Bill of 894.214 billion naira.
In the budget, recurrent expenditure received 414.214 billion naira, including
100 billion naira for domestic services, while capital expenditure got the sum
www.highbeam.com /library/doc0.asp?DOCID=1P1:38548555&refid=holomed_1   (163 words)

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