Financial experts say the naira may hit N2000 to a dollar exchange mark in a matter of months considering how the currency continues to depreciate both at the official and parallel markets…
Category: Business
OPay Fortifies Mobile Payments, Rigorous KYC Measures, Account Removals Set to Begin
Leading the charge in mobile-based payments, OPay has pledged to implement a thorough removal process for accounts lacking a Bank Verification Number (BVN) and/or National Identification Number (NIN) starting March 1, 2024….
Naira Plunges To #1,370/$ At Parallel Market
The naira on Wednesday, crashed to a record low of N1,370 /$ at the parallel market, inching closer to N1,400/$ rate. The depreciation of the local currency was mainly as a result…
Dangote Petroleum Refinery Set to Revolutionize Fuel Market as Products to be Sold in Naira, Not Dollars
Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified on Monday….
Naira Plunges To All-Time Low Against Dollar
VOICE AIR MEDIA, News Update The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1310 and sell at N1320 on Tuesday 16th…
Naira hits N1,300/$
Voice Air Media, News Update The naira is currently trading above N1,300/$ on the Peer-to-Peer cryptocurrency window on Tuesday. This is as many traders on the parallel market confirmed that the national…
Shell to exit Nigeria’s onshore oil: Details
VOICE AIR MEDIA, News Update Shell Plc has reached an agreement to sell its Nigerian onshore oil assets to a local consortium for over $1.3 billion, pending government approval. Shell’s Integrated Gas…
Apply: NNPCL Seeks Private Operator For PH Refinery; Opens Application Portal
VOICE AIR MEDIA, News Update The Nigerian National Petroleum Company Limited (NNPCL) has announced its intention to hand over the operation and maintenance of the Port Harcourt Refining Company to private entities….
CBN commences restructuring, moves departments to Lagos
The Central Bank of Nigeria is set to transfer some of its departments to Lagos State. This was stated in an Internal memo made available on Saturday. The move, according to an…
Cost of living In Nigeria Takes New Direction In 2024
VOICE AIR MEDIA, News Update By Bright Gbotemi Nigeria is no longer easy to live in, as many Nigerians groan in poverty due to the rising cost of living occasioned by unprecedented…