Business

1 Minute

Business

Again, CBN Raises Interest Rate Amid Soaring Inflation Levels

Bright Olorungbotemi May 21, 2024 0 Comment

Voice Air Media, VAM News Update Nigeria’s Central Bank has raised interest rates for the third consecutive time. The monetary policy committee of the Central Bank of Nigeria (CBN) has raised the monetary policy...

1 Minute

Business

Exchange Rate: Dollar (USD) to Naira, Tuesday May 21, 2024

Bright Olorungbotemi May 21, 2024 0 Comment

Voice Air Media, VAM News Update Here is the USD to Naira exchange rate for Tuesday today:May 21, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria...

5 Minutes

Business

BREAKING: FG, UAE plan new oil exploration deal

Akanji Philip May 21, 2024 0 Comment

The Federal Government, on Monday, urged the United Arab Emirates to invest in the renewal and reconstruction of the more than 50-year-old oil pipelines in Nigeria, stressing that the facilities had outlived their lifespans....

4 Minutes

Business

BREAKING: PH refinery opening date for operation revealed

Akanji Philip May 21, 2024 0 Comment

The 210,000-barrel-per-day Port-Harcourt refinery may finally commence operations by the end of July after several postponements. The new date was disclosed on Monday by the National Public Relations Officer, Independent Marketers Association of...

5 Minutes

Business Economy

CBN: Food imports hit N3tn over flooding, insecurity

Akanji Philip May 21, 2024 0 Comment

The Central Bank of Nigeria released a total sum of $2.13bn to Nigerians for importing food products in 2023, Findings Revealed. According to the quarterly statistics of the Central Bank of Nigeria, the...

1 Minute

Business

BREAKING: CBN withdraws circular on cybersecurity levy

Akanji Philip May 20, 2024 0 Comment

The Central Bank of Nigeria has retracted its directive asking banks and payment service providers to collect and remit the cybersecurity levy as outlined in the Cybercrime Prevention and Prohibition Amendment Act of 2024....

1 Minute

Business

Dollar, Pound, EURO to Naira Exchange Rate Sunday May 19, 2024

Bright Olorungbotemi May 19, 2024 0 Comment

Voice Air Media, VAM News Update Here is the USD to Naira exchange rate for Sunday:May 19, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said...

1 Minute

Business

Dollar, Pound, EURO to Naira Exchange Rate, Saturday

Bright Olorungbotemi May 18, 2024 0 Comment

Voice Air Media, VAM News Update Here is the USD to Naira exchange rate for Saturday:May 18, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said...

0 Minutes

Business

Dollar, Pound, EURO to Naira Exchange Rate Friday May 17, 2024

Bright Olorungbotemi May 17, 2024 0 Comment

Voice Air Media, News Update Here is the USD to Naira exchange rate for Friday:May 17, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said a...

1 Minute

Business

Dangote Refinery reportedly seeks two million barrels of US oil

Akanji Philip May 16, 2024 0 Comment

Nigeria’s newly constructed Dangote refinery, Lagos is seeking to purchase millions of barrels of US crude oil over the next year as it ramps up processing rates, Bloomberg reported on Thursday. According to...