Business

1 Minute

Business

Exchange rate: Naira to dollar

VAM News April 30, 2025

News Update THE naira appreciated marginally against the US dollar at the official foreign exchange market on Tuesday, according to data from the Central Bank of Nigeria (CBN). The local currency closed at N1,599.70...

3 Minutes

Business

BREAKING: Nigeria, Mexico Launch Chamber to Boost $1.5bn Trade Opportunities

Akanji Philip April 30, 2025

The Mexican embassy in Nigeria on Tuesday inaugurated the Nigeria-Mexico Chamber of Commerce and its new Board of Directors to boost trade relations between the two countries. Ambassador Alfredo Miranda, Ambassador of Mexico...

3 Minutes

Business

IPMAN: Petrol price drop pushing cooking gas costs downwards

Akanji Philip April 29, 2025

The Independent Petroleum Marketers Association of Nigeria has explained how the reduction in the price of Premium Motor Spirit pushed the price of liquefied petroleum gas, popularly known as cooking gas, down. This...

1 Minute

Business

Naira to Dollar, other foreign currencies rate Friday

VAM News April 25, 2025

News Update THE exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market, also known as black market, as of 25th April 2025, is out. This rate is often...

1 Minute

Business

UBA rakes in N189.84bn profit in 2025 first quarter, earnings soar 33% — Report

Akanji Philip April 24, 2025

United Bank for Africa (UBA) has reported a robust profit of N189.84 billion for the first quarter of 2025, reflecting a strong financial performance and a solid start to the year. The figure...

1 Minute

Business World News

Naira to Dollar, other currencies rate Thursday

VAM News April 17, 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 17th April 2025. Voice Air Media...

1 Minute

Business

Dangote Refinery again slashes petrol price, see latest price

Akanji Philip April 16, 2025

Dangote Refinery Limited has again slashed prices of its Premium Motor Spirit (PMS), otherwise called petrol to ₦835 per litre. This is coming after the recent implementing a ₦15 price reduction in its...

1 Minute

Business National

Again Petrol Price Reduced

VAM News April 16, 2025

News Update THE Dangote Petroleum Refinery has reduced the price of petrol once more, setting it at N835 per litre. This is a drop from the previous N865 per litre. The new rate came...

3 Minutes

Business National

Inside Nigeria: Why Residents are yet to enjoy fuel price drop

VAM News April 16, 2025

THE Independent Petroleum Marketers Association of Nigeria has explained that the eventual renewal of the naira-for-crude deal between the Nigerian government, the Dangote Refinery and other refiners could not crash the price of Premium...

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,...