Economy Archives - Page 8 of 17 - Voice Air Media

2 Minutes

Business Economy

Fuel Scarcity: Marketers Open up on fuel price

Agency1 November 9, 2022 0 Comment

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned that fuel cannot continue to sell at a pump price below N200. Daily Trust reports that IPMAN’s national operations controller, Mike Osatuyi, said that...

Agriculture Business Economy -3 Minutes

Gov Abiodun inaugurates $400 million agro processing zone

Agency1 November 5, 2022 0 Comment

The Ogun State Governor, Dapo Abiodun, on Friday performed the groundbreaking of the $400m first phase of the development of the State Special Agro-Industrial Processing Zone. The groundbreaking was performed at the Agro Cargo...

1 Minute

Business Economy

FEC authorizes the construction of N30b planetarium and museum

Agency1 November 3, 2022 0 Comment

The Federal Executive Council has approved the establishment of a Planetarium and Museum at the National Space Research and Development Agency (NASRDA). As contained in the statement, the project is expected to adopt the...

1 Minute

Business Economy

EFCC invades Black market forex offices over Naira inflation

Agency1 November 1, 2022 0 Comment

Operatives of the Economic and Financial Crimes Commission raided the offices of black market currency dealers in Abuja on Tuesday in a bid to halt the rapid fall of the naira. Premium Times reports...

2 Minutes

Business Economy

N5000 note still in plan, ex-CBN governor Sanusi reveals

Agency1 November 1, 2022 0 Comment

Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has stated that the apex bank has not scrapped the plans to introduce the N5000 note. The N5000 note was proposed in...

1 Minute

Business Economy

Naira drops to N800 per dollar

Agency1 October 29, 2022 0 Comment

Under President Muhammadu Buhari’s administration, the naira has plunged to yet another all-time low, trading at 800 to the dollar at Aboki Forex, a secondary exchange site. According to reports on Saturday, the exchange...

2 Minutes

Business Economy

CBN reveals how N58.61bn was spent to print N2.51bn notes in a year

Agency1 October 29, 2022 0 Comment

The Central Bank of Nigeria is responsible for issuance of the legal tender currency, in line with its mandate as enshrined in section 2(b) of the CBN Act 2007. CBN approved an indent of...

2 Minutes

Business Economy

Emefiele responds after Finance Minister claims FG not aware of Naira redesign

Agency1 October 29, 2022 0 Comment

A few days after the Governor of Central Bank, Godwin Emefiele, unveiled plans to redesign the Naira and begin circulation by December 15, 2022, the Finance Minister disagreed with the move. Vanguard report said...

2 Minutes

Economy Local News

Senator Lawan approves Oyebanji, Lawmakers Ekiti redevelopment plan

Agency1 October 29, 2022 0 Comment

The Ekiti State Governor, Biodun Oyebanji, has led federal lawmakers from the state in a meeting with the Senate President, Ahmad Lawan, and other leaders of the Assembly at the National Assembly Complex, Abuja....

1 Minute

Business Economy

All set for Kaduna refinery as South Korean firm set to begin work

Agency1 October 28, 2022 0 Comment

The Nigerian government has made a deal with South Korea. Business Insider reports that a spokesperson for the Nigeria National Petroleum Company Limited (NNPC) stated on Thursday, October 27, 2022, that the company had...