The acting Governor, Central Bank of Nigeria, Folashodun Shonubi, has said the bank will address the demand pressure on the country’s exchange rate, as the naira continued to slide against the dollar. He...
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3 Minutes
BREAKING: FG to fine PoS operators N1m for illegal pricing
The Federal Government, through the Federal Competition and Consumer Protection Commission, has issued a cease-and-desist order to Point of Sale operators from conduct that constitutes an infringement of the law. This follows the...
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EXCHANGE RATE: Dollar now N876 as forex shortage worsens
The naira maintained its downward trend against the dollar as it traded for 876/$ at the parallel market on Sunday. Some Bureau de Change operators, who spoke to the Newsmen, said the local...
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0 Minutes
Naira plummets to N860/$ at parallel market as dollar demand intensifies
VAM News Update THE Naira has plummeted at the parallel market following an increased demand for the Dollar. The Naira fell to N860 per dollar at the parallel market on Wednesday, July 19, representing...
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3 Minutes
PoS operators divided as new charges commence
A group of Point of Sales operators in Nigeria have protested against the increased service charges in the country which took effect on Monday. The Association of Mobile Money and Bank...
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1 Minute
BREAKING: Naira fights back, posts marginal gain over Dollar
The Naira on Monday appreciated against the dollar, exchanging at N795.28 at the investors and exporters window. The Naira increased by 1.07 per cent when compared with N803.90 which it exchanged...
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2 Minutes
POS operators In Osun Jerk Up Service Fees On Transaction
VAM News Update THE Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), Osun State Chapter at its State General Meeting held on Saturday, 15th July, 2023 resolved that the Convenience Charges for...
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2 Minutes
World Bank links Lagos building collapses to poor regulation— Report
The World Bank has attributed the frequent building collapse in Lagos State to gaps and loopholes in the permitting process and the use of unqualified professionals in the design and construction of buildings. ...
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0 Minutes
Naira now N768/$
VOICE AIR MEDIA News Update THE Naira relapsed at the official market on Tuesday, July 4, closing at N768/$ at the Investors and Exporters (I&E) window. The Naira which closed at N741/$ on Monday,...
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2 Minutes
Nigerian Bakers Releases Notice to Increase Prices of Bread
VOICE AIR MEDIA News Update Nigerians have been asked to brace up for increase in the prices of bread, a major food item on the table of almost all Nigerians. The produce said their...
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