Business

New Record As Dollar Hits N950/$

VAM News Update THE naira fell to an all-time low of N950 to one dollar at the parallel market on…

3 years ago

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…

3 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…

3 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…

3 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…

3 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…

3 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…

3 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…

3 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…

3 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…

3 years ago