VOICE AIR MEDIA, VAM News Update THE official exchange rate experienced a notable decline of 2.97%, settling at N1571.31 per US dollar, while intraday trading reached a peak of N1851 against the…
Category: Business
Credit to govt rises 7.6% to N36.16trn— Report
Credit to the government rose month-on-month, MoM, by 7.6 per cent to N36.16 trillion in January 2024 from N33.6 trillion in December 2023. Data contained in the Central Bank of Nigeria,…
Cement Price Surges To N15,000
A market survey conducted on Friday by in Gwarimpa, Area 10, Kubwa, Lugbe and Dawaki showed that a 50kg bag of Dangote cement is N10,000 and BUA cement stood at N15,000. A…
Inflation: CBN increases Price Verification System limit from 2.5% to 15%— Report
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…
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…
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…
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…
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…
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…
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…