Business

1 Minute

Business

Trump’s Tariff Pause: Naira Breaks Record Against Dollar

Akanji Philip April 11, 2025

The naira recorded its highest appreciation against the dollar at the official foreign exchange market on Thursday after United States of America President, Donald Trump paused tariff increase. Data from the Nigerian Exchange Marker,...

1 Minute

Business

Naira to Dollar, other foreign currencies rate Thursday

VAM News April 10, 2025

News Update THE Nigerian Naira (NGN) to US dollar (USD) and other foreign currencies exchange rate in the parallel market, also known as black market, as of Thursday 10th April 2025, is N1,610 for...

4 Minutes

Business

Crude Clash: NNPC Suspension Hits Dangote Refinery, Drags Down OPEC Output

Akanji Philip April 9, 2025

The decision of the Nigerian National Petroleum Company Limited to suspend crude supply to the Dangote and other refineries affected the output of the Organisation of the Petroleum Exporting Countries in March. A...

1 Minute

Business

Naira to dollar rates drop in official market

VAM News April 8, 2025

News Update THE Naira saw a dip in value on Monday, falling to N1,629 per dollar in the Nigerian Foreign Exchange Market (NFEM). According to the Central Bank of Nigeria (CBN), the official exchange...

1 Minute

Business World News

US pushes beer, can imports to 25% aluminum tariffs

VAM News April 3, 2025

THE administration of US President Donald Trump on Wednesday announced that it was imposing a 25 per cent tariff on all beer imports. The administration added the beverage and empty aluminium cans to a...

2 Minutes

Business National

NNPC increases price of petroleum

VAM News April 3, 2025

News Update THE Nigerian National Petroleum Company Limited (NNPCL) has raised the pump price of petrol to N925 per litre in Lagos and N950 per litre in Abuja, marking a significant increase from previous...

1 Minute

Business National

Has CBN introduced N5,000 And N10,000 notes featuring Chief Obafemi Awolowo, Azikwe’s image?

VAM News April 3, 2025

News Update The Central Bank of Nigeria (CBN) on Wednesday, April 2, 2025 has debunked a fake circular introducing new N5,000 and N10,000 notes effective May 1, 2025, Voice Air Media reported. In the...

1 Minute

Business

Naira to Dollar, other currencies rate, Friday

VAM News March 28, 2025

News Update Here is the USD, Other foreign currencies to Naira exchange rate for Friday, March 28, 2025. Black Market Dollar to Naira Exchange Rate: The parallel market (black market) offers a different exchange...

1 Minute

Business

Naira to Dollar, other foreign currencies rate, Thursday

VAM News March 27, 2025

News Update Here is the USD to Naira exchange rate for Thursday, March 27, 2025. In Nigeria, to buy a dollar is at N1545 and sell at N1570. More also the second most traded...

2 Minutes

Business

Petrol landing cost per litre jerks up

VAM News March 27, 2025

THE landing cost of imported premium motor spirit increased to N885 per litre on Wednesday from N797. The Major Energy Marketers Association of Nigeria disclosed the rise in the landing cost of petrol in...