Business

2 Minutes

Business

Multichoice confirms new DStv GOtv monthly subscription prices for all packages

VAM News December 10, 2023 0 Comment

VOICE AIR MEDIA News Update Broadcasting company Multichoice has jacked up the prices of its offerings in Nigeria days after announcing a $72m loss in its financial statement for the third quarter of the...

2 Minutes

Business Economy

Fuel price set to increase as Petrol truck prices soar

VAM News December 8, 2023 0 Comment

VOICE AIR MEDIA News Update Amidst soaring inflation and foreign exchange challenges, Nigeria’s petroleum industry faces a severe upheaval as the cost of petrol trucks skyrockets from N7 million in May to an astounding...

1 Minute

Business

Naira loses nearly fifth of its value, as fresh details emerge for black market rate

VAM News December 7, 2023 0 Comment

THE naira lost nearly a fifth of its value as it traded at N951.2/$ on the official Investor and Exporter forex window on Wednesday. Data from FMDQ Securities Exchange highlighted that the naira lost...

3 Minutes

Business Foreign

Panic As Eight Top Commercial Banks In Nigeria Fail test

VAM News December 7, 2023 0 Comment

VAM News Update A recent stress test by the Central Bank of Nigeria (CBN) has uncovered a concerning revelation on the Capital Adequacy Ratio (CAR) among prominent Deposit Money Banks (DMBs) holding international authorisation....

2 Minutes

Business

Details emerge as 65m Nigerians spend N975b on betting everyday

VAM News December 7, 2023 0 Comment

VAM News Update The Executive Secretary of the National Lottery Trust Fund (NLTF), Bello Maigari, has said Nigerians spend $975 million daily on online betting. In a nation with widespread poverty, he said over...

1 Minute

Business National

Subsidy: FG to disburse grants to nano businesses in 774 LGAs

VAM News December 5, 2023 0 Comment

VAM News Update THE federal government is set to begin disbursement of N50,000 to nano businesses in all 774 local government areas in the country as part of efforts towards assuaging the impact of...

4 Minutes

Business

Cash shortage hits banks, customers rush for BVN/NIN revalidation— Report

Akanji Philip December 5, 2023 0 Comment

Huge crowd besieged banking halls on Monday, as customers moved to link their Bank Verification Numbers and National Identity Numbers to their bank accounts. This followed the new directive of the banking regulator...

1 Minute

Business National

Jubilation as 160 Nigerian youths bag $1.2million grants

VAM News December 5, 2023 0 Comment

VAM News Update At least 160 Nigerian youths have received a $1.2 million grant from the Nigeria Youth Futures Fund (NYFF) for different projects across Nigeria. Jamila Ibrahim, the Minister of Youth Development, stated...

1 Minute

Business

Panic As Opay App Shuts Down

VAM News December 5, 2023 0 Comment

VAM News Update Fintech company, Opay, has been down for over an hour as Nigerians cannot send money through its app on Monday evening. This is even as Nigerians have gone to various social...

2 Minutes

Business Local News

Panic As Naira Scarcity Hits Osun, ATMs Run Dry

VAM News December 4, 2023 0 Comment

VOICE AIR MEDIA News Update Over the weekend, customers of some commercial banks in Osogbo, the Osun State capital, expressed dissatisfaction with the poor services provided by Automated Teller Machines (ATMs). Findings indicate that...