Economy

2 Minutes

Business Economy

Fuel price set to increase as Petrol truck prices soar

VAM News December 8, 2023 0 Comment

VOICE AIR MEDIA News Update Amidst soaring inflation and foreign exchange challenges, Nigeria’s petroleum industry faces a severe upheaval as the cost of petrol trucks skyrockets from N7 million in May to an astounding...

2 Minutes

Business Economy

BREAKING: Dangote refinery secures licence to refine 300,000bpd crude

Akanji Philip November 13, 2023 0 Comment

Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will begin to process gasoline soon. “We don’t...

2 Minutes

Economy

Stock market loses N89bn as inflation hits 26.72%— Report

Akanji Philip October 17, 2023 0 Comment

The Nigerian Exchange Limited opened in the reds on the first trading session of the week as investors lost N89bn. This comes as the National Bureau of Statistics released the inflation figure for...

3 Minutes

Business Economy National

Cardoso Proposes Total CBN ‘Reset’ As Naira Plunges To 1,000/$

VAM News September 27, 2023 0 Comment

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 the naira...

2 Minutes

Economy

Uncertainty Looms Over Fuel Price As Crude Oil Surges to $93.50

VAM News September 26, 2023 0 Comment

VAM News Update Concerns are growing over the potential hike in petrol prices in Nigeria as crude oil prices continue to rise in the international market. On Monday, the price of crude oil reached...

2 Minutes

Business Economy

Again, World Bank Approves Another $700m Loan For Nigeria

Akanji Philip September 23, 2023 0 Comment

The World Bank has approved a fresh $700m loan for Nigeria. It disclosed this in a statement published on its website on Friday, Sept. 22 The new loan is to provide additional...

3 Minutes

Economy

I’m In Hurry To Reposition Blue Economy, Oyetola Inspects Facilities At Apapa, Tin Can Ports

VAM News September 4, 2023 0 Comment

•says ports must be saved from imminent collapse THE Minister of Marine and Blue Economy, Adegboyega Oyetola, on Monday, declared that he was in a hurry to make impact in the ministry. Oyetola who...

1 Minute

Economy Religion

Economy: Adeboye drops shocking statement on naira to dollar

VAM News September 3, 2023 0 Comment

VOICE AIR MEDIA News Update As Naira continues to depreciate against the US Dollar, the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has said that Nigeria will bounce...

2 Minutes

Economy

BREAKING: FTG, Feather Invest roll out solutions to ease liquidity issues in market

Akanji Philip August 12, 2023 0 Comment

Investors and business persons in Nigeria, particularly those having links with the stock market, may have reason to smile following the introduction of innovative solutions to ease liquidity issues in the market. Two...

3 Minutes

Economy

Fuel price may go up as Naira slumps— Marketers

Akanji Philip August 11, 2023 0 Comment

The fall of the naira against the United States dollar, coupled with the recent rise in global crude oil prices, is making Nigerians apprehensive of a possible hike in the pump price of Premium...