Naira stabilises at interbank market

by www.punchng.com

The naira on Wednesday stabilised at N304.75 to a dollar at the official interbank market. At the Bureau De Change window, the nation’s currency traded at N385 to a dollar, Central Bank of Nigeria controlled rate, while the Pound Sterling and the Euro closed at N564 and N509, respectively. The naira, however, weakened at the […]

The post Naira stabilises at interbank market appeared first on Punch Newspapers.


Read Full Article On www.punchng.com
Latest
Minister of Public Consultation and Social Dialogue Gabriel Petrea told an interview with AGERPRES that amendments are in the works to the Social Dialogue Law, stating that he wants a return to the "
Five Ukrainian servicemen have suffered injuries and traumas on the Donbas contact line in the past 24 hours, Ukrainian Defense Ministry spokesman Andriy Lysenko said.
Moscow's Tretyakov Gallery has hosted a premier of Margy Kinmonth’s film “Revolution – New Art for a New World” about the Russian avant-garde. It examines the roots of this new art, born of revolution
Chidiebube Okeoma, Owerri Eleven year old Chika Nkwazema, who was bathed with hot water by her neighbor, one Mrs Promise Obinna, who is now at large with her family has asked the Inspector General of
Egyptian President Abdel-Fattah al-Sisi called a meeting of security officials in the wake of a deadly attack on a group of Christians in the south of the country on Friday, the state news agency said
Fans, colleagues, friends, and family members have taken to social media to celebrate Veteran Nollywood actor, director, and producer, Antar Laniyan, as he is a year older today. They are wishing the
Australian Prime Minister Malcolm Turnbull has confirmed that his country will continue passing secret information to the Unites States, despite the recent leak of pictures from the Man
The development of the European freight transport requires the Danube and the Black Sea waterways to be capitalized upon, Minister Delegate for European Affairs Ana Birchall on Friday told the Balkan
Ukraine is grateful to Turkey for its support in the conditions of Russian aggression and will strive to strengthen bilateral cooperation with this country, Ukrainian President Petro Poroshenko has sa
BRAZILA-Brazil's federal police were making new arrests and executing search and seizure warrants on Friday in the latest round of the so-called "Car Wash" operation, the country's largest-ever corrup
President of the European Council Donald Tusk has said that the European Union and the United States will continue their common sanctions policy toward Russia.
Ade Adesomoju, Abuja Counting of the sums of money allegedly recovered from the official residence of a Justice of the Supreme Court, Justice Sylvester Ngwuta, and which were ordered by a Federal High
Governor Akinwunmi Ambode of Lagos State and the Nobel Laureate, Prof. Wole Soyinka, said they would partner Evander Holyfield Foundation in the discovery of boxing talents in the state. They said thi
The Kremlin believes that every country faces the risk of terrorist attacks, so Moscow calls on the global community to take joint steps to fight this scourge, Russian Presidential Spokesman Dmitry Pe
A meeting between Russian and U.S. Presidents Vladimir Putin and Donald Trump is not expected to be held in the coming days in Europe, Kremlin Spokesman Dmitry Peskov told reporters on May 26, TASS re
“I can feel berries, almost currant,” says a customer who is sitting with her laptop in a Chernyi (black in Russian) Cooperative, an indie coffee shop on Pokrovka Street. “Yes, and you wouldn’t feel i
Senate President, Dr. Abubakar Bukola Saraki, and a group of Civil Society Organization have advocated the complete domestication and strict implementation of the Child Rights Act (CRA) across the cou
Agreement was reached to increase the number of international observers up to 7. Both sides support this. However, there are still some disagreements over certain details, including placing observe
An Electrician, Joseph Abo on Friday told a Nyanya Customary Court in Abuja that his wife made away with all his properties, including a pair of bathroom slippers. Abo made the claim while responding
The choice of the foreign supplier of encrypted communications equipment for Ukraine's armed forces will be made based on the results of a competition held by the military, Ukrainian Prime Minister Vo
Being accused of witchcraft is no laughing matter in Africa — but movie director Rungano Nyoni decided a dose of humour was just what was needed to tackle a problem rampant in parts of the conti
MSNBC’s Joe Scarborough blasted his fellow Republicans who’ve “sold their soul” and trashed American civic values in the service of President Donald Trump. He watched a clip Fr
The system provides for pilots’ continuous communications with ground control posts through several channels and the constant reception of signals at an emergency frequency
The OSCE Special Monitoring Mission (SMM) to Ukraine has spotted banned 122mm Gvozdika self-propelled howitzers in the occupied territory of Donetsk region.
In 2016, a total of 39 major international brands launched in Moscow’s market, among which were Swiss watchmaker Rolex, French luxury bakery chain Ladurée, and American lingerie classic Victoria’s Sec
Chidiebube Okeoma, Owerri Two police orderlies attached to Kingsley Uju, the Deputy Chief of Staff (Operations) to the Governor of Imo State, Rochas Okorocha, have reportedly attacked and inflicted in
The opposition Democratic Party (SDS), joined by independent MPs and Italian minority MP, have filed for an emergency session of parliament over the recent fire at the Kemis waste processing plant.
The Committee on Foreign Relations of the US Congress has adopted a resolution condemning Turkey for the incident at the Turkish Ambassador's residence in Washington on May 16.
Football star Cristiano Ronaldo has postponed a schedule appearance in London on Saturday following the Manchester terror attack. Real Madrid forward Ronaldo, once a Manchester United player, had been
Everybody is making batteries these days, it seems. The EV revolution is coming, and as none other than Glencore’s Ivan Glasenberg said last week, it’s coming faster than we had expecte
The Armenian governmental delegation led by Prime Minister Karen Karapetyan is in the Russian city of Kazan on a working visit to take part in the sessions the CIS heads of governments’ council and
US lawmakers discussed the brutal attack on protesters outside the Turkish Ambassador’s residence on May 16 in Washington, when, according to Congressmen, ‘Recep Tayyip Erdogan’s bodyguards attacke
Ukrainian Foreign Minister Pavlo Klimkin says it is necessary to bring the team of French President Emmanuel Macron up to speed to facilitate further work of the Normandy Four.
Militants have fired Krasnohorivka in the Donetsk region using the Grad multiple rocket launchers, deputy head of the National Police of Ukraine, head of the National Police of Ukraine in the Donetsk

Recent News

Could video games be the key to athletic success?

As sports scientists look for the next frontier in boosting performance, the search for the next Lionel Messi or LeBron James may soon involve playin
Read Full Story

NGOs urge Poland to stop extensive logging in old forest

Environmentalists say Poland has until Saturday to explain to European Union authorities why it has increased logging in Europe’s last primeval forest, or face EU court.
Read Full Story

Airstrikes in eastern Syrian town kill 35, activists say

A fresh wave of airstrikes in eastern Syria killed at least 35 civilians including women and children, state media and an observer group reported Friday, and the U.N. human rights chief said civilians
Read Full Story

Macedonia’s foreign ministry summons Serbian ambassador

Macedonia’s foreign ministry has summoned Serbia’s ambassador to explain the presence of a Serbian diplomat and intelligence officer in the country’s parliament during the building’s storming by prote
Read Full Story

Former Greek prime minister recovering from bombing

Greek former Prime Minister Lucas Papademos was recuperating well Friday from injuries suffered when a parcel bomb exploded inside his car in central Athens, health officials said.
Read Full Story

No easy starts for top guns at the French Open

There will be no gentle start for the favourites at the French Open starting this weekend, with nine-time winner Rafa Nadal and defending champion Novak Djokovic on a semi-final collision course. Fou
Read Full Story

Popular Finance

ICICI Bank CEO Chanda Kochhar draws Rs 7.85 crore in FY17

Chanda Kochhar, the head of country's largest private sector lender ICICI Bank, has drawn Rs 7.85 crore as total remuneration in 2016-17, a jump of over nearly 64 per cent from a year ago. ICICI Bank
Read Full Story
 

Is my credit score affected by my address?

I've received several letters from debt collectors and I'm worried it's going to leave a mark on my credit history, even though they're not in my name.
Read Full Story
 

BMW reveals stunning new 8 Series concept

BMW has set tongues wagging and memories racing back to a 1990s legend with the release of the first official images of its new 8 Series due to go on sale next year.
Read Full Story
 

Paragon Bank launches two new best buy cash Isa deals

From tomorrow the challenger will pay a rate of 1.26 per cent for a two-year fix and 1.41 per cent over three years. It already offers the best deal for anyone locking in for five years at 1.8 per c
Read Full Story
 

Gas import from Turkmenistan conditional: NIGC chief

Tehran, May 26, IRNA – Import of natural gas from Turkmenistan is conditional and Iran is going to continue buying the commodity from the country if it decreases the price, Managing Director of the N
Read Full Story
 

Three years of Modi government: Here are hits misses of the energy sector

Energy security, recalling power distribution companies to life, reducing a national shortage of power. These were three big challenges for the Modi government when it came to power. Three years lat
Read Full Story

Grandes Moagens Plant inaugurated

Luanda - The first milling plant of the Angola consortium Grandes Moagens (GMA) was inaugurated this Friday at the Multi-terminals of Luanda Port terminal by the Defense Minister, Joao Lourenço, in r
Read Full Story

At what point does Trump's comic inarticulateness become dangerous?

Plenty of reasonable people believe that the United States should put its own strategic interests above concerns about human rights when it comes to foreign policy. To them, it’s simply a matter o
Read Full Story

Geologists and engineers puzzle over how to remove a million tons of rock and dirt from Highway 1

After Saturday's catastrophic land failure buried part of Highway 1 along the Big Sur coastline, geologists and engineers are trying to find a fix. Don't expect an opening any time soon.
Read Full Story