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Business

Ambassador Cui Jinachun

Chinese banks coming to Nigeria soon – Ambassador Cui

Muhamin Olowoporoku

4 years ago

He also said that Nigerian banks that want to expand to China are welcomed whenever they are ready.
Shoppers at Westfield Mall in Stratford City London

British retailers warn of price hikes pre-Christmas

PM NEWS Editor

4 years ago

Three in five retailers planned to raise prices before Christmas, said Helen Dickinson, CEO of British Retail Consortium
EFCC

Abuja court unfreezes accounts of Rise Vest, Bamboo Systems, Chaka

PM NEWS Editor

4 years ago

Justice Taiwo ruled that the central bank's order relied on a circular to banks, which was not supported in law.
Islamic organization tackles Osinbajo over 2023 presidency

Net-Zero Emission: Osinbajo asks OECD countries to redeem $100bn pledge

Ayorinde Oluokun

4 years ago

Net -Zero Emission entails removing all man-​made greenhouse gas emissions from the atmosphere through reduction measures by 2050.
Lagos begins consultation for 2024 budget

Lagos, freight agency strike partnership deal

PM NEWS Live

4 years ago

The Lagos State Government through the Office of Public-Private Partnerships in conjunction with Messrs. Mainland Freight Agency Ltd has concluded…
AFEX partners Niger State ministry of Agriculture

AFEX forecasts higher price levels across grain commodities in new report

Taiwo Okanlawon

4 years ago

Nigeria’s leading commodities market player, AFEX, has shared an optimistic production outlook across most commodities surveyed in its 2021 crop…
University of Pennsylvania, UPenn in Philadelphia invites Vice President Yemi Osinbajo to deliver a special lecture on climate change

Osinbajo to headline NGX capital market conference

PM NEWS Live

4 years ago

Vice President Yemi Osinbajo will give keynote address at the inaugural Nigerian capital market conference
he Central Bank of Nigeria (CBN), has unveiled activities to mark the first anniversary of its digital currency, the eNaira.

CBN releases regulatory guidelines for eNaira [ Download ]

PM NEWS Editor

4 years ago

According to Efusobi, the guidelines seek to provide simplicity in the operation of eNaira, encourage general acceptability and use.
The mineral stone called barite

FG to inaugurate Made-in-Nigeria Barite

Nimot Sulaimon

4 years ago

Mr Olamilekan Adegbite, Minister of Mines and Steel Development, disclosed this while briefing newsmen on Monday in Abuja.
President Muhammadu Buhari and CBN Governor Godwin Emefiele launching the eNaira at Aso Rock presidential villa, Abuja on Monday: Buhari assures that eNaira and its underlying technology, block chain is safe can increase Nigeria’s GDP by $29bn in10 years.

Buhari: eNAIRA safe, will boost economy by $29bn in 10 years

Ayorinde Oluokun

4 years ago

The eNaira – like the physical Naira – is a legal tender in Nigeria and a liability of the Central…

Buhari launches eNaira: How to Hook Up

Ademola Adegbamigbe

4 years ago

President Muhammadu Buhari today, unveiled eNaira, digital currency provided by the Central Bank of Nigeria (CBN). It is also called…
Nigeria, Chad to set up joint business council

Nigeria, Chad to set up joint business council

Muhamin Olowoporoku

4 years ago

This, is the outcome of a meeting between NIPC and a business delegation from Republic of Chad, led by Nigeria’s…
Peter Ashade CEO United Capital plc

United Capital plc launches N150B infrastructure fund

PM NEWS Editor

4 years ago

By Itohan Abara-Laserian United Capital Plc has launched a N150 billion United Capital Infrastructure Fund (UCIF), a Naira-denominated fund. It…
Dangote, Wale Tinubu, Leo Stan Ekeh

Dangote, Tinubu, Leo-Stan Ekeh in Buhari’s team to Riyadh

PM NEWS Editor

4 years ago

Others from the private sector are Alhaji Mohammed Indimi, Tope Shonubi, Hassan Usman, Omoboyode Olusanya, Abubakar Suleiman and Herbert Wigwe.
CBN’s e-Naira game-changer of Nigerian economy- BMO

Buhari Will Launch e-Naira Tomorrow

Ademola Adegbamigbe

4 years ago

President Muhammadu Buhari will launch the e-Naira, also called Nigerian Central Bank Digital Currency (CBDC), on Monday, 25 October.
eNaira

CBN finally unveils eNaira tomorrow, Buhari is chief launcher

PM NEWS Editor

4 years ago

President Muhammadu Buhari will now unveil it on Monday, Nwanisobi said in a statement on the bank's website.
Femi Otedola now single largest shareholder in First Bank

FBN makes U-turn, confirms Otedola’s acquisition of 5.07% equity stake

Kazeem Ugbodaga

4 years ago

By Chinyere Joel-Nwokeoma Barely 24 hours after denying notification of possible acquisition of shares by Mr Femi Otedola, FBN Holdings…
Femi Otedola

FBN Holdings speaks on Femi Otedola’s takeover

PM NEWS Editor

4 years ago

FBN in a statement to the Nigerian Exchange (NGX) Ltd. said it was yet to receive any notification of the…
Abisola Olusanya

Lagos acquires 750 hectares for feedlots: Olusanya

Nimot Sulaimon

4 years ago

The commissioner said that the feedlots were under construction and would soon begin operations.
Facebook shuts ‘troll farm’ run by Nicaragua government

Facebook to rebrand with new name

PM NEWS Live

4 years ago

Facebook Inc is under fire from regulators and lawmakers over its business practices
Nigeria young tech entrepreneur and CEO of Pan-African fintech startup, Payday, Favour Ori

Tech entrepreneur, Favour Ori breaks record in Rwanda

Taiwo Okanlawon

4 years ago

Payday, a Pan-African Fintech startup will now join notable firms that include; SalesLoft, SendGrid, ZipLine, Chainalysis, and DataRobot, at Techstars…
Chinese Yuan and US Dollars

Chinese Yuan weakens against USD

PM NEWS Live

4 years ago

In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 per cent from the…
Sylva at the inauguration of the new agencies of PIA

CEOs of DPR, PPPRA, PEF technically sacked

PM NEWS Editor

4 years ago

This followed the scrapping of their agencies, in line with the provisions of the Petroleum Industry Law.
Asian-African Chambers of Commerce and Industry

French govt partners Nigeria to empower youths in agriculture

Kazeem Ugbodaga

4 years ago

Anrinle Adekunle, Vice-President of the Asian-African Chambers of Commerce and Industry, at the weekend said the French Government will partner…
Bello-Koko during the inspection of the Apapa Port control tower

NPA boss Bello-Koko upgrades Apapa Port control tower

Nimot Sulaimon

4 years ago

According to him, the upgrade will position the ports on a competitive edge in the West and Central African sub-region.
China's economy stumbles

China’s economy stumbles, records slowest growth

PM NEWS Editor

4 years ago

The domestic economic recovery is still unstable and uneven," said National Bureau of Statistics (NBS) spokesperson Fu Linghui at a…
Online trading

How to manage risks while trading, investing online

PM NEWS Live

4 years ago

If you are trading or investing in any of the capital markets, the risk is certain. Risk management techniques and…
Akeem Lawal of Interswitch

Interswitch unveils white paper on blockchain technology

PM NEWS Editor

4 years ago

Managing Director, Transaction Switching and Payment Processing, Interswitch, said the white paper was inspired by the need to demystify the…

CAC set to block fraudulent registration applications

Nimot Sulaimon

4 years ago

Alhaji Garba Abubakar, the registrar-general of CAC, pointed out that the measure was to further boost the Federal Government’s fight…
Mukhtaar Tijani

Rise in solar industry offers insight into realities of Lagos’ energy map – Tijani

Kazeem Ugbodaga

4 years ago

The General Manager, Lagos State Electricity Board, Engr. Mukhtaar Tijani at the weekend said the rapid rise of the solar…
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