Economy Archives - Page 9 of 17 - Voice Air Media

1 Minute

Business Economy National

Three naira notes to gain new form as CBN names date of circulation

Agency1 October 26, 2022 0 Comment

The Central Bank of Nigeria Governor, Godwin Emefiele has said the apex bank will redesign three naira notes. He said the bank had obtained approval from President Mohammadu Buhari to redesign N200, N500, N1000...

3 Minutes

Business Economy

FG acknowledges massive expenditures on fuel subsidies

Agency1 October 26, 2022 0 Comment

The Federal Government, on Tuesday, said that it had spent so much in subsidising the Premium Motor Spirit, popularly petrol. According to a report by PUNCH the administration of the President, Major General Muhammadu...

2 Minutes

Business Economy

Dangote seeks prison time for Nigerians Selling Foreign Textile Materials

Agency1 October 22, 2022 0 Comment

Business Magnet Aliko Dangote has thrown its weight behind the revival of the Nigerian textile industry. Speaking at the 50th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN) he called for...

2 Minutes

Business Economy National

FG plans to sell, lease NIPOST, TBS, other national assets

Agency1 October 22, 2022 0 Comment

As the federal government scrambles for funds to finance a huge budget deficit and service the burgeoning debts, it has compiled a list of national assets that could either be sold or concession. The...

2 Minutes

Business Economy

Southeast missing as NNPC announces Five new Vice Presidents

Agency1 October 21, 2022 0 Comment

The Nigerian National Petroleum Company Limited (NNPC) has been restructured to accommodate five new presidents needed to drive the oil company’s performance. The Punch reported that the five persons, including executive directors, were named...

2 Minutes

Economy National

FG Seeks Help From Citizens to Pay CBN’s N20trn Loan (Details)

Agency1 October 20, 2022 0 Comment

The federal government has announced plans to repay its N20 trillion debt owed to the Central Bank of Nigeria (CBN) by issuing securities such as treasury bills and bonds for Nigerians to buy. Zainab...

1 Minute

Economy National

Naira to lose 20% of its value in 2023– Bank of America

Agency1 October 19, 2022 0 Comment

The naira exchanged at 440.95 to the dollar in the official spot while parallel rate went up to N740. Despite the grievances of Nigerians, Bank of America predicts that the local currency will continue...

1 Minute

Business Economy National

Just In: Minister confirms the completion of second Niger Bridge

Agency1 October 19, 2022 0 Comment

The Minister of Works and Housing, Babatunde Fashola, on Wednesday, confirmed that the construction of the 2nd Niger bridge is now completed and will soon be released to the public for use. He stated...

1 Minute

Economy Politics

‘we are at war in Nigeria’, Senator Kalu Slams FG over 2023 budget

Agency1 October 14, 2022 0 Comment

Orji Kalu, the senator representing Abia north and senate chief whip, has called on the federal government to cut the cost of governance and save the country’s economic crisis. According to Premium Times, the...

3 Minutes

Business Economy

Lagos to begin third Airport construction gets FG approval

Agency1 October 12, 2022 0 Comment

The Lagos State government has received approval from the Nigerian government for an additional international airport. Lagos State governor Babajide Sanwo-Olu, on Tuesday, October 11, 2022, officially got the approval for the airport at...