Seven oil marketers, who imported Premium Motor Spirit, popularly called petrol, about a month ago, have stopped bringing in the commodity into the market, leading to pockets of scarcity in some parts…
Category: Business
Naira among Africa’s worst currencies, falls by 40% –W’Bank officially reveals
The Nigerian naira is among the worst-performing currencies in Africa, the World Bank has said. It noted that the currency weakened by nearly 40 per cent against the US dollar since…
BREAKING: Naira collapses against Dollar at Investors, Exporters Window
The naira on Wednesday depreciated against the dollar as it exchanged at N756.21 at the Investors and Exporters window. The naira lost 1.48 per cent compared to the N745.19 it exchanged…
Jubilation as Price Of Cement Reduced
Voice Air Media One of the leading cement brands in Nigeria, BUA Cement Plc has announced a reduction in the ex-factory price of its cement to N3,500 per bag, effective from October…
Naira gains marginally at official foreign market
VAM News Update According to data from the FMDQ website, the Naira rate closed at N755.27/$1 on Friday, indicating an appreciation of N20.04 or 2.6 per cent compared to the previous session’s…
Cardoso Proposes Total CBN ‘Reset’ As Naira Plunges To 1,000/$
VAM News Update Olayemi Cardoso, who was confirmed Tuesday by the Senate as governor of the Central Bank of Nigeria (CBN), alongside his deputies, has proposed to reset the apex bank, as…
Interswitch: Microfinance Banks pivotal to fueling economic growth
Interswitch, one of Africa’s leading integrated payments and digital commerce companies, has reaffirmed its dedication to promoting financial inclusion in Nigeria. It also emphasized the pivotal role that microfinance banks play…
Union Bank Annual CSI Features Driving Inclusive Growth; Impacting Lives, Enabling Success
VOICE AIR MEDIA Union Bank of Nigeria, a leading financial service provider, has released its 2022 Citizenship, Sustainability, and Innovation (CSI) report, outlining the bank’s efforts across three pivotal areas – Citizenship,…
Naira To Dollar Now N993/$
Voice Air Media THE naira, on Monday, appreciated at the parallel market to trade at N993 per dollar. Voice Air Media reports that the figure signifies an appreciation of N2 or 0.20…
Reality or Rumor? Dangote Speaks On Reducing Cement Price
VAM News Update THE management of Dangote Cement Plc has debunked reports that the company has reduced the price of cement from N5,500 to N2,700 effective from October 1st. Speaking with newsmen,…