Business

3 Minutes

Business

Report: 51% of Nigerian startups struggle to secure funding

Akanji Philip November 19, 2024 0 Comment

A new report by TLP Advisory, a Nigerian venture law firm, has revealed that 51 per cent of startups in Nigeria face difficulties securing funding, primarily due to currency volatility and limited access to...

1 Minute

Business

JUST IN: First Bank sends message to customers

Akanji Philip November 18, 2024 0 Comment

First Bank has announced a scheduled maintenance on its systems, which will take place from 11:00 p.m, Saturday November 16 to 7am Sunday, November 17. During this period, customers may experience temporary disruptions...

2 Minutes

Business National

Fuel price reduction announced

VAM News November 13, 2024 0 Comment

News Update THE Independent Petroleum Marketers Association of Nigeria has announced that Premium Motor Spirit (Petrol) price will be slashed by N50 upon lifting Dangote Petrol directly. The National President of IPMAN, Abubakar Maigandi,...

1 Minute

Business National

Confusion As Dangote speaks on selling petrol at high price

VAM News November 2, 2024 0 Comment

News Update Dangote Refinery on Saturday tagged as fake the allegation that it sells petrol between N1, 015 and N1, 028/litre. Some oil marketers had reportedly on Friday said the price of petrol, produced...

1 Minute

Business National

Marketers: Why We Aren’t Buying Petrol From Dangote Refinery

VAM News October 31, 2024 0 Comment

News Update THE Independent Petroleum Marketers Association of Nigeria, IPMAN, has said it is still negotiating with the refinery on terms for the lifting. President of the Refibery, Alhaji Aliko Dangote, has alleged that...

3 Minutes

Business

Ghana eyes fuel imports from Dangote refinery – Report

Akanji Philip October 29, 2024 0 Comment

Ghana could buy petroleum products from Nigeria’s Dangote Petroleum Refinery once the facility is operating at full capacity, cutting more expensive exports from Europe, the head of the country’s oil regulator said on Monday....

1 Minute

Business

Naira, other currencies to Dollar exchange Rate, Tuesday October 29, 2024

VAM News October 29, 2024 0 Comment

News Update Here is the USD to Naira exchange rate for Tuesday: October 29, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said a dollar were...

2 Minutes

Business

First Bank declares system upgrade

VAM News October 24, 2024 0 Comment

News Update First Bank has announced plans to transition to a new cloud-based procurement and financial platform as part of its ongoing strategy to improve operational efficiency and service delivery. The migration, scheduled to...

3 Minutes

Business

MTN Nigeria Insists On Tariff Hike For Customers, Here’s Why

VAM News October 22, 2024 0 Comment

News Update THE Chief Executive Officer of MTN Nigeria, Karl Toriola, has stressed the urgent need for the telecommunications sector to return to profitability to sustain its operations. According to The Punch, Toriola made...

1 Minute

Business

Naira To Dollar, Other Currencies Rate, Tuesday October 22

VAM News October 22, 2024 0 Comment

News Update Here is the USD to Naira exchange rate for Tuesday:October 22, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said a dollar were bought...