VAM News Update Pensioners in the Calabar branch of the Nigeria Union of Pensioners (NUP) say the 400 bags of rice given to 2.5 million of them to share as palliative are grossly inadequate....
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2 Minutes
1 Minute
Naira to Dollar Falls By N35, Depreciates Further
VAM News Update THE naira, on Tuesday, fell to N1,185 per dollar at the parallel section of the foreign exchange (FX) market. Naira fell by N35 or 3.04 percent compared to the N1,150 it...
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1 Minute
Fresh Details Emerge as Naira Hits N1,315/$1
VAM News update THE naira, on Thursday, depreciated further to N1,315 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents a depreciation of N90 or 7.35 percent compared...
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2 Minutes
Naira’s woes heighten, hits N1,225/$ as Nigeria Govt adopts reversal policy
VAM News Update THE naira, on Monday, continued its depreciation streak at the parallel section of the foreign exchange (FX) market. The local currency began the week at N1,225 per dollar — weakening by...
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2 Minutes
Anxiety as N1,200/$, N985/litre fuel spike squeezes air travel, pricing
VAM News Update Across both local and international segments of the sector, the rate of N1200/$1 in the open market and almost 400 per cent surge in price of aviation fuel are threatening to...
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1 Minute
As the dollar soars, it spreads hardship across Nigeria
VAM NEWS UPDATE Industries in the country are battling for survival owing to the continued slide of the naira against the dollar. The naira Thursday traded at between N1,155 and N1,160/dollar at the unregulated...
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1 Minute
Breaking: Petrol Hits N1,000, N700/Litre as Marketers Insist Subsidy is Back
..queue returns VAM News Update THE petrol scarcity in Abuja took a new turn on Tuesday, October 10, with retailers selling the product for as high as N1,000 per litre. This is even...
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8 Minutes
More Pains As Cooking Gas Price Hits N1,200/Kg
VAM NEWS There are growing concerns over the rising price of cooking gas as a kilogramme is now sold for between N1,000 and N1,200 in parts of the country, checks by Daily Trust have...
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1 Minute
Nigeria’s Naira Crashes to Its Biggest Fall – Exchanges above N1,000/$
VAM News Update A widening gap between the official and parallel market exchange rates of the Nigerian naira indicates the government’s lack of capacity to stabilize the currency and the likelihood it may depreciate...
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2 Minutes
Residents to Pay N1,000 as Education Endowment Levy In Ondo state
VOICE AIR MEDIA News Update THE Ondo State Government has said that all taxable residents of the state are expected to contribute a sum of N1,000 annually for the purpose of funding the education...
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