The Central Bank of Nigeria (CBN) has announced an upward review of the Price Verification System (PVS) from 2.5 per cent to 15 per cent. According to a circular by Dr Hassan Mahmud,...
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2 Minutes
3 Minutes
BREAKING: CBN stops IOCs from 100% income repatriation
The Central Bank of Nigeria (CBN) has announced far-reaching measures to shore up the value of the Naira, with more liquidity in the Foreign Exchange (FX) market as it directed International Oil Companies to...
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3 Minutes
Report: Dangote refinery to export two fuel cargoes
The Dangote Petroleum Refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters. Nigerians have been...
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1 Minute
Beers to cost more as Nigerian Breweries declare price hike
Voice Air Media, VAM News Update THE Nigerian Breweries PLC has issued a “Price Review Notification” to all its direct customers in the West Zone. This was contained in a letter issued to customers...
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Wigwe’s Death: Access names Acting CEO, Ms. Bolaji
VOICE AIR MEDIA, VAM News Update Access Holdings, has appointed Ms. Bolaji Agbede as Acting CEO, following death of Herbert Wigwe. Details later…...
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7 Minutes
Higher prices loom as businesses rely more on loans to survive— Report
Nigerians will soon experience another wave of increases in the prices of goods by major manufacturers as most of them now depend more on loans to fund their operations, resulting in higher interest payments...
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1 Minute
Wigwe: Access Holdings Set For New CEO’s Appointment
Voice Air Media, News Update Access Holdings, the parent company of Access Bank PLC will in no distant time appoint an Acting Group Chief Executive Officer to replace the late (Dr.) Herbert Wigwe. Wigwe,...
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1 Minute
Herbert Wigwe: Things to know about late 58-years-old Access Bank founder
Voice Air Media, News Update THE Chief Executive Officer, CEO, of Access Holdings Plc, Herbert Wigwe, is dead. Wigwe died on Friday in a helicopter accident in California, United States, US. Here are 11...
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2 Minutes
Breaking: AfDB Launches $540M Initiative to Boost Agro-Industrial Zones in Nigeria
All is set for the African Development Bank (AfDB) to commence the disbursement of $540 million to the first phase of states in Nigeria for the development of Special Agro-Industrial Processing Zones (SAPZs). ...
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2 Minutes
Transparency: BDAN urges banks to comply with CBN directives of FX exposures
The Bank Directors Association of Nigeria (BDAN) has called on banks to fully comply with the recent directive of the Central Bank of Nigeria, CBN, on their maximum foreign currency exposures. Making this...
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