Business Archives - Page 105 of 482

Business

Maritime security: NIMASA acquires more boats, UAS, armoured vehicles

Ayorinde Oluokun

4 years ago

Before the recently procured platforms , the deep blue project had sea assets including two Special Mission Vessels and 17…

Risks of trading with foreign online Forex Brokerage firms

PM NEWS Live

4 years ago

A risky undertaking like forex trading requires effective customer support services. Most foreign online brokerage firms make use of foreign…

Naira drops against Dollar at investors’ window

Nimot Sulaimon

4 years ago

On Thursday, the official Investors and Exporters window saw a total of 136.35 million dollars traded in foreign exchange.

FCMB empowers 1m unbanked Nigerians, lends N28.7bn to 200,000 women

Ademola Adegbamigbe

4 years ago

First City Monument Bank (FCMB), through EasyAgents, its agency banking network and other channels, has successfully onboarded and empowered one…

China’s holding of U.S. treasuries tumbles

PM NEWS Editor

4 years ago

According to data released Wednesday, Chinese holdings dropped to $1.003 trillion in April, down $36.2 billion from $1.039 trillion the…

Nigeria’s inflation shoots up to 17.71 percent in May

Kazeem Ugbodaga

4 years ago

This is 0.89 percent higher than that of April which stood at 16.82 percent.

Nigeria, 6 others drop in oil production – OPEC

Nimot Sulaimon

4 years ago

It showed that total OPEC-13 crude oil production averaged 28.47 million barrels per day (mb/d) in May 2022, lower by…

Dangote Sugar Rewards Shareholders with N12.147bn Dividend

Ademola Adegbamigbe

4 years ago

Dangote Sugar Refinery Plc has restated its commitment to the achievement of Sugar Backward integration projects, describing it as the…

BIRS unseals Dangote Cement Company

Nimot Sulaimon

4 years ago

The administrative offices of Jos Disco remained sealed in the state over an N433 million tax default.

Warner Bros Discovery to cut nearly 1,000 ad sales jobs

PM NEWS Live

4 years ago

Warner Bros on Tuesday started offering members of its U.S. advertising sales team an opportunity to voluntarily leave the company,…

Nigeria loses $1.7B claim against JP Morgan Chase

PM NEWS Editor

4 years ago

According to Nigeria, the transactions put JP Morgan in breach of its Quincecare duty, which obliges banks to disregard a…

Elon Musk meets Twitter employees

PM NEWS Editor

4 years ago

The meeting is scheduled for Thursday, and Musk will take questions directly from Twitter employees, the source added.

Nigeria issues new code of practice to Twitter, Tik Tok, Facebook, Instagram, others

PM NEWS Editor

4 years ago

The code requires Internet platforms to “register with the Corporate Affairs Commission (CAC) and appoint a designated country representative to…

VFS Global reports key sustainability achievements in 2021, sets higher targets

Michael Adesina

4 years ago

VFS Global, the world's largest outsourcing and technology services specialist for governments and diplomatic missions worldwide has documented its achievements…

Made-in-Nigeria products in hot demand in Morocco

PM NEWS Editor

4 years ago

“Nigerian products are massively in demand; if you go from Seme to Cotonou in Benin Republic, Togo, Ghana, Ivory Coast,…

McDonald’s in Russia reopens with new name

PM NEWS Editor

4 years ago

Sunday marks a new dawn for Russia's fast-food lovers as restaurants formerly run by the hugely popular Western fast-food chain…

U.S. gasoline price reaches historic level

PM NEWS Editor

4 years ago

High gasoline prices are a headache for President Joe Biden and congressional Democrats as they struggle to maintain their slim…

Tesla to seek investors’ approval for 3-for-1 stock split

PM NEWS Live

4 years ago

Tesla said the split would enable its employees to "have more flexibility in managing their equity" and make its stock…

CBN to introduce USSD code to improve eNaira

Nimot Sulaimon

4 years ago

The introduction of the USSD code became necessary to improve financial inclusion in the country and to ensure people without…

Naira gains against Dollar at investors window

Nimot Sulaimon

4 years ago

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled…

EFCC, Investment Ministry to tackle intellectual property issues

Ayorinde Oluokun

4 years ago

Bawa said issues of trademark infringement, intellectual property, copyrights as well as patent rights are issues that are within the…

Oil prices inch higher ahead of U.S. inventories data

PM NEWS Live

4 years ago

Brent crude futures for August had risen 21 cents, or 0.2%, to $120.79 a barrel by 0413 GMT after closing…

World Food Safety Day: Lagos charges residents to adhere to food safety regulation

Kazeem Ugbodaga

4 years ago

The Director General, Lagos State Safety Commission, Lanre Mojola said that the whole essence of the celebration was to inspire…

Naira again slumps against Dollar

Nimot Sulaimon

4 years ago

The exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled…

Saudi Arabia causes hike in crude prices

PM NEWS Editor

4 years ago

Saudi Arabia raised the official selling price (OSP) for its flagship Arab light crude to Asia to a $6.50 premium…

Nigerian firm to unveil messaging app “Let’s Talk”

Nimot Sulaimon

4 years ago

The application was designed by a team of Nigerian software engineers in line with the vision of the National Information…

46,000 lose over $1 billion in cryptocurrency scams

PM NEWS Live

4 years ago

Nearly half the people who reported losing digital currencies in a scam said it started with an ad, post or…

Elon Musk freezes hiring at Tesla, wants to retrench staff

PM NEWS Editor

4 years ago

The dire outlook came two days after the billionaire told staff to return to the workplace or leave and adds…

Oil prices slide after OPEC+ production hike

PM NEWS Live

4 years ago

The oil exporters’ cartel said it would increase supply by 648,000 barrels per day in July and August, 200,000 barrels…

NADDC woos Spanish investors

PM NEWS Live

4 years ago

Aliyu also highlighted opportunities in the local production of automotive components that could be exported to Spanish and other European…

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