Business

Nigeria’s public debt close to N40 Trillion

PM NEWS Editor

4 years ago

Oniha said that the amount represented the total external and domestic debts of the Federal Government, 36 state governments as…

Kano dissolves KACCIMA executives

Nimot Sulaimon

4 years ago

The action was necessitated by the inability of the current leadership of KACCIMA to organise a fresh and acceptable election,…

ICYMI: Nigerian banks suspend foreign cash withdrawals with Naira cards

PM NEWS Editor

4 years ago

Commercial banks had been limiting the amount individuals can withdraw with their debit cards while abroad to ease foreign currency…

Ecobank to pay $40 million dividends to shareholders

Kazeem Ugbodaga

4 years ago

This implies approximately CFA90, N66.6, or 1.08 Ghana Cedi per share. For Nigerian and Ghanaian investors, this represents 5.5 times…

Green Energy achieves 4 million man-hour milestone without Lost Time Incident

Kazeem Ugbodaga

4 years ago

Chukwuka Igbokwe, HSE General Manager of the Company praised the company for its efforts and the milestone achieved, emphasising that…

Appeal court orders Shell deposit $2B in 48 hours for Nigerian oil spill claims

PM NEWS Editor

4 years ago

The court also stopped Shell Plc from selling any assets in Nigeria until a decision is reached on its appeal…

AEDC begs consumers in Abuja, Kogi, others over grid collapse

PM NEWS Editor

4 years ago

AEDC has an expansive franchise area covering the Federal Capital Territory, Niger, Kogi and Nasarawa States.

NNPC slashes price of aviation fuel after airlines threaten to stop flying

PM NEWS Editor

4 years ago

Mele Kyari made the concession after the operators said they would ground their planes over the high cost of the…

Global food crisis looms with Ukrainian war

PM NEWS Editor

4 years ago

Russia is a major producer of potash, phosphate and nitrogen containing fertilisers - major crop and soil nutrients.

Manufacturers send SOS to FG as diesel price hits N730

PM NEWS Editor

4 years ago

“It is a difficult thing ensuring production at this time. I don’t know how we are going to cope because…

South Africa suspends ComAir licence indefinitely

PM NEWS Editor

4 years ago

The sanction affects passengers of low-cost airline Kulula and British Airways.

Russia admits big blow to economy, begs China for help

PM NEWS Editor

4 years ago

Western countries have imposed unprecedented sanctions on Russia's corporate and financial system since it invaded Ukraine on Feb. 24 in…

Air Peace conducts inaugural flight to Niamey

PM NEWS Editor

4 years ago

Leader of the Air Peace delegation on the flight, Capt. Augustine Kamano, said Niamey had always been on the airline’s…

Uber adds surcharge as gas prices spike in US

PM NEWS Live

4 years ago

The move came as many Uber drivers have been protesting on social media over high gas costs that have been…

Charcoal in hot demand in Kogi, govt bans its mining

PM NEWS Live

4 years ago

The sale of charcoal has become a lucrative business in Kogi due to its high demand as a result of…

Diesel skyrocketing price will worsen inflation, FG warned

PM NEWS Editor

4 years ago

Diesel price has skyrocketed in less than two weeks from N400 to N650. In some parts of Nigeria, it is…

Electricity subsidy removed, fuel next: Minister Zainab Ahmed

PM NEWS Live

4 years ago

She also revealed there is a plan to gradually end subsidies on petrol. She said the amendment of the budget…

Can Bitcoin Disappear?

PM NEWS Live

4 years ago

Bitcoin is a decentralized currency and asset, not subjected to political or institutional influences. That means no one can regulate…

Is Bitcoin Investment Real?

PM NEWS Live

4 years ago

Bitcoin's prices move up and down constantly, which could easily scare away some investors. However, Bitcoin prices have historically bounced…

Deutsche Bank backpedals out of Russia

PM NEWS Editor

4 years ago

Deutsche had resisted pressure to sever ties, arguing that it needed to support multinational firms doing business in Russia.

Sanctions buster: Deutsche Bank stays put in Russia

PM NEWS Editor

4 years ago

Deutsche's finance chief James von Moltke told CNBC that an exit, "for practical purposes ... isn't an option that's available…

Aviation fuel jumps from N190 to N670 in 14 days: Airlines suspect sabotage

PM NEWS Editor

4 years ago

Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) said the request by the operators to reduce the…

Can Africa become a leader in the Gaming Market?

PM NEWS Live

4 years ago

African developers will, therefore, struggle to take their sizeable market shares, but they could still be in a position to…

Dangote tells Buhari govt: Embargo maize export now

PM NEWS Editor

4 years ago

Dangote said that the ongoing war between Russia and Ukraine would lead to scarcity of food, arising from the inability…

Guinness not exiting Nigeria – Management

Ayorinde Oluokun

4 years ago

Guinness said it had recently reaffirmed its long term strategic expansion plans by acquiring a 25 acres commercial property in…

Dangote honours late brother, commissions therapeutic food factory

Ademola Adegbamigbe

4 years ago

President of Dangote Group, Aliko Dangote, on Wednesday, promised to enter into an agreement with governments, local governments and local…

FCMB ‘Top-5-In-5’ Season 2: Business Leaders, Experts, Entrepreneurs, Speak on Productivity

Ademola Adegbamigbe

4 years ago

Entrepreneurs, particularly startups, have been charged to acquire knowledge and the right competencies. That is if they must succeed and…

Fireboy DML to speak at Harvard Africa Business Conference

PM NEWS Editor

4 years ago

The Peru crooner will feature on the Media and entertainment panel discussing Africa, her music and everything in between. He…

UAC food unveils new look identity for its Supreme Ice Cream brand

Kazeem Ugbodaga

4 years ago

The refreshed look and identity were unveiled during a relaunch event held at D'Podium International Event Centre on Thursday, March…

Russia stops forex sales, foreign cash withdrawals

PM NEWS Live

4 years ago

Sanctions imposed over Russia’s war of aggression against Ukraine have caused the rouble to plummet and made it harder for…

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