Business

Yusuf: Forex volatility reason for shrink in Nigeria’s manufacturing sector

The Director of the Centre for the Promotion of Private Enterprise, CPPE, Dr Muda Yusuf, said foreign exchange volatility impacted…

2 years ago

BUSINESS: Heritage bank reassures customers as concerns mount

Amidst concerns by bank customers about the financial state of Heritage Bank, one of Nigeria’s Deposit Money Banks (DMBs), the…

2 years ago

How First Bank staff Nwadiashi who debited over N9m from customer’s account bags jail term

Andrew Nwadiashi a 40 year-old banker and eight internet fraudsters were on Friday, August 4, 2023, convicted and sentenced to…

2 years ago

Beer price rises amid economic challenges

VAM News Update Nigerian Breweries announces hike in price of beers amid economic challenges Nigerian Breweries (NB PLC) has announced…

2 years ago

FG to support 1,300 MSMEs with N50,000 each for eight months

President Bola Tinubu says the federal government is making plans to support micro, small and medium-sized enterprises (MSMEs) in the…

2 years ago

Again, Naira slides, trades high at parallel market

VAM News Update THE Nigerian naira, on Monday, weakened to N871 per US dollar at the parallel section of the…

2 years ago

Currency in circulation hits N2.26tn— CBN

Currency outside banks rose to N2.26tn at the end of June 2023, according to the latest figures from the Central…

2 years ago

SASASNET: Why Dangote refinery engaged 11,000 workers from India

The Sub-Saharan African Skills and Apprenticeship Stakeholders Network has explained why the Dangote refinery engaged 11,000 skilled workers from India…

2 years ago

CBN: Gradual phasing out of old naira notes continues

The Central Bank of Nigeria has reaffirmed its commitment to gradually phase out the old N200, N500, and N1,000 naira…

2 years ago

CBN speaks on old naira, new notes as means of financial transaction in Nigeria

VAM News Update THE Central Bank of Nigeria (CBN) says plans to gradually phase out the old N200, N500, and…

2 years ago