Thursday, May 25, 2017

TODAY’S NAIRA RATE AGAINST DOLLAR, POUND AND EURO

The dollars is exchanging for N380  at market rate, while GBP exchanges for N490  and the Euro for N420 =====================================================================   Want to share your stories with...

Dollar crashes against the Naira.. See current value

The dollar yesterday recorded its worst outing in more than three months against the naira, exchanging at N380/$1 in the parallel market. The rate comes...

CBN injects $457 million into forex market

The Central Bank of Nigeria (CBN) started the week with the injection of $457.3 million into the foreign exchange market. The development forced the parallel...

House of Reps gives Finance Minister, Adeosun 24 hours to appear before its committee

The House of Representatives has given the Minister of Finance, Kemi Adeosun, 24 hours to appear before its committee on Public Procurement. The lower legislative...

Nigeria to auction N110 billion in treasury bill – CBN

Nigeria plans to auction 110 billion naira ($350 million) of treasury bills on May 17, the central bank said on Friday. The bank plans to...

Law Union & Rock PAT Hits N562m In 2016

By ROYAL IBEH Despite the current economic recession, Law Union & Rock Insurance Plc Profit after Tax (PAT) grew by 100 percent from N280.919 million...

Insurance Operators Urged To Adopt IT to Remain Relevant

By ROYAL IBEH With the recent data from Africa Insurance Organization’s survey showing a drop of insurance premiums in Africa from $72 billion to $69...

Consolidated Hallmark Insurance To Pay Shareholders 2kobo Per Share

By ROYAL IBEH Consolidated Hallmark Insurance Plc. have approved a total dividend of N120 million for financial year ended 31st December, 2016 to be paid to...

Naira strengthens against the dollar,,, see current value 

The Naira on Thursday gained N2 against the dollar at the parallel market as it was traded at N386 to the dollar, stronger than...