News Update THE Nollywood industry has been hit with another sad loss as legendary Yoruba actor, Ayobami Mudashir Olabiyi, popularly known as Bobo B, is reportedly dead. The actor, who had been…
MATTER ARISING: Reps Tackle Tinubu Over Delay In Submitting 2025 Budget Proposal
The House of Representatives has frowned at the Executive, led by President Bola Tinubu, over delays in submitting the 2025 budget proposal to the National Assembly. The lower chamber added that…
Gov’ship election: APC’s Edo antics will be repelled in Ondo – PDP
News Update THE Peoples Democratic Party, PDP, has emphasised that the alleged irregularities that pervaded the governorship election in Ondo State will not be allowed to occur in Ondo State during the…
Why TikTok Dropped 2.1 Million Videos In Nigeria
News Update TikTok has removed over 2.1 million videos in Nigeria for violating community guidelines during the second quarter of 2024. This move aims to enhance content moderation and create a safer…
Fuel Tanker Explosion Claims ’90 Lives’ in Jigawa
News Update A catastrophic fuel tanker explosion occurred on the Kano-Hadejia Expressway in Majiya, Taura Local Government Area of Jigawa State, resulting in significant loss of life and injury. VAM News learnt…
Naira to Dollar, other Currencies Rate, Wednesday October 16
News Update Here is the USD to Naira exchange rate for Wednesday:October 16, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said a dollar…
Nigeria’s foreign reserves rose to $39bn in October — CBN Gov, Cardoso
The Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso, said yesterday that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as at October 11. He also…
TCN begins probe as minister debunks grid collapse claims— Report
The Federal Government, through the Transmission Company of Nigeria, says it would investigate the cause of the multiple power grid collapses that occurred on Monday and Tuesday. This was as the…
FG plans cash transfer for 20 million poor Nigerians— Here’s how to qualify
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the increase in Nigeria’s revenue recorded in the 2024 fiscal year is being strategically allocated to various…
World Bank: Naira among worst performing currencies
The naira has been listed among the worst-performing currencies in Sub-Saharan Africa in 2024. This is according to the latest edition of Africa’s Pulse, a new report by the World Bank….