VAM News update THE naira, on Thursday, depreciated further to N1,315 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents a depreciation of N90 or 7.35…
Category: Business
USD To Naira, GBP, EURO Exchange Rate
VAM News Update USD is being traded at ₦1,305 in Black Market(Lagos) today, Thursday, October 26, 2023. USD has been traded at ₦1220 when Black Market opened this week on Monday, October…
BREAKING: Reps fault CBN’s forex ban lift, NECA kicks
A member of the House of Representatives, Sada Soli, has warned that the lifting of the ban on foreign exchange on 43 items by the Central Bank of Nigeria may ruin local…
BREAKING: CAC reveals 189 fake companies
The Corporate Affairs Commission says it has uncovered 189 fake companies used to secure land allocations in the Federal Capital Territory. The Registrar General of the commission, Hussaini Magaji, disclosed this…
Naira’s woes heighten, hits N1,225/$ as Nigeria Govt adopts reversal policy
VAM News Update THE naira, on Monday, continued its depreciation streak at the parallel section of the foreign exchange (FX) market. The local currency began the week at N1,225 per dollar —…
Details emerge as Exchange rate hits N1,210/$1
VAM News Update THE exchange rate between the naira and dollar opened the week at N1,200/$1 on P2P platforms on Monday as traders continue to face demand pressures amidst dwindling supply. Checks…
Worries as Naira Slumps Against US Dollar Again
VAM News Update VAM News Update Nigeria’s currency, the Naira, has further declined due to the increasing scarcity of the US Dollar. VAM News learnt that the naira started trading at 1,175/$…
Re: Save UNIOSUN Teaching Hospital From Total Collapse
RE: SAVE UNIOSUN TEACHING HOSPITAL FROM TOTAL COLLAPSE The attention of the Management of UNIOSUN Teaching Hospital, Osogbo has been drawn to a conjecture issued by an unknown group, Osun Eagle Eye…
BREAKING: FG gets over $1.5bn fresh W’ Bank, AfDB loans Dec – Edun
The Federal Government on Monday said it had secured a budget support loan worth $1.5bn from the World Bank and another worth $80m from the African Development Bank to finance various projects…
ALARM! Rising inflation, interest rates risky for Nigeria’s economy – FTXM
Online financial trading and investing firm, FTXM, has said that the persistent rise in Nigeria’s inflation figure and monetary policy rate was risky to the country’s fragile economy. This was revealed…