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Business

TikTok CEO Zhang Yiming resigns

Nimot Sulaimon

5 years ago

Zhang Yiming, the Chief Executive Officer of TikTok, has resigned with a net worth of $44bn to read books and…
Aliko Dangote meets President Samia Suluhu Hassan of Tanzania

Dangote promises more investment in Tanzania

PM NEWS Editor

5 years ago

Africa's richest man Aliko Dangote, who owns the largest cement factory in Tanzania, on Monday pledged to put up more…

Seplat holds 8th annual meeting with stakeholders

Nimot Sulaimon

5 years ago

Seplat Petroleum Development Company Plc held its hybrid 8th Annual General Meeting (AGM) with shareholders, auditors, regulators, company directors, and…
Adewale Wally Adeyemo U.S. deputy treasury secretary

Wally Adeyemo expects G7 backing for 15% global corporate tax

PM NEWS Editor

5 years ago

U.S. Treasury Deputy Secretary, Wally Adeyemo, said he expects strong backing from G7 peers for Washington’s proposed 15 per cent-plus…
BUA slashes cement price to N3,500 per bag

BUA Cement record N115b bond listed on FMDQ Securities Exchange

PM NEWS Editor

5 years ago

FMDQ Securities Exchange Ltd has announced the listing of the BUA Cement Plc N115 billion series 1 fixed rate senior…
L-R: Director, External Affairs and Sustainability, Dr. Chioma Nwachuku; Operations Director, Seplat, Effiong Okon; Shareholder/ Member Statutory Audit Committee, Sir Sunny Nwosu; Chairman, Seplat, Dr. ABC Orjiako; Shareholder/ Member Statutory Audit Committee, Dr. Faruk Umar; Chief Executive Officer, Seplat, Roger Brown; and Company Secretary/General Counsel, Edith Onwuchekwa, at Seplat’s hybrid 8th Annual General Meeting held at the company’s headquarters in Lagos … on Thursday.

Seplat’s capital investment drive shareholders’ fortune

PM NEWS Live

5 years ago

Seplat Petroleum Development Company Plc, recently held its hybrid 8th Annual General Meeting (AGM) with physical and virtual attendance.
Bitcoin

Bitcoin free-fall continues, down by 50% since April

PM NEWS Editor

5 years ago

Bitcoin free-fall continued on Sunday, with a further 13% depreciation after it suffered another sell-off that left it down nearly…
Lawyer and rights activist, Femi Falana, (SAN) opposes ex-President of NBA, Olisa Agbakoba (SAN) on the legal status of EFCC.

It is illegal for Nigerian governors to fix price of petrol – Falana

Kazeem Ugbodaga

5 years ago

Human rights lawyer, Femi Falana at the weekend said it is illegal for Nigerian Governors Forum to fix the price…
NCC says it will impose appropriate sanction on internet service provider, Starlink, for increasing its subscription packages without approval.

We didn’t ask subscribers to submit phone IDs – NCC

Kazeem Ugbodaga

5 years ago

The Nigerian Communications Commission, NCC,  has debunked reports that it asked phone users to submit  the International Mobile Equipment Identity…

Employment: West African Students Praise Dangote, Task Regional Leaders

Ademola Adegbamigbe

5 years ago

West African Student’s Union commends the aggressive employment generation drive of the Aliko Dangote-led companies, urging other wealthy West African…

JUST IN: No plan to increase fuel price in June – FG

Kazeem Ugbodaga

5 years ago

The Federal Government on Friday said there is no plan to increase the price of Premium Motor Spirit (PMS) in…

Lagos hits N127bn IGR in first quarter of 2021 

Kazeem Ugbodaga

5 years ago

The Lagos State Government on Thursday disclosed that it raked in N127 billion as Internally Generated Revenue (IGR) in the…
Nigerian Senate

Senate approves deployment of 5G network in Nigeria

Kazeem Ugbodaga

5 years ago

The Senate has approved the deployment of the 5G network in Nigeria, following the outcome of investigations by a Joint…
Italian, German criminals now use Bitcoin

Cryptocurrencies crash, Bitcoin falls 28 per cent

PM NEWS Editor

5 years ago

Cryptocurrencies are in a free-fall after China banned financial and payment institutions from providing cryptocurrency services.

Exposed! MDAs refuse to remit N1.2trn to FG’s coffer 

Kazeem Ugbodaga

5 years ago

The Fiscal Responsibility Commission (FRC), on Wednesday exposed various Ministries, Departments and Agencies (MDAs) that are yet to remit a…

Lagos Fourth Mainland bridge to gulp $2.5bn 

Kazeem Ugbodaga

5 years ago

Lagos State Government on Tuesday said the proposed Fourth Mainland Bridge will gulp $2.5 billion under the Public Private Partnership…

Dangote Cement: Okpella factory will close demand-supply gap

Ademola Adegbamigbe

5 years ago

Following the surge in demand for cement products in the country, Dangote Cement Plc restates commitment in meeting the demand…

Lagos Cooperative societies’ capital base hits N33bn

Kazeem Ugbodaga

5 years ago

The capital base of cooperative societies in Lagos State has hit N33 billion, Commissioner for Commerce, Industry and Cooperatives, Dr…
Elon Musk unsettles bitcoin again

Elon Musk bumps up Bitcoin again

PM NEWS Editor

5 years ago

Bitcoin rallied from three-month low on Monday in the wake of Tesla boss Elon Musk’s tweets about the carmaker’s bitcoin…
United Airlines flight arrives Accra

United Airlines resumes flights to Accra

PM NEWS Editor

5 years ago

United Airlines has relaunched its passenger flight operation from Washington, D.C. to Accra, the capital of Ghana, after a hiatus…
Naira

CBN allows Naira weaken as official rate hits N419

PM NEWS Editor

5 years ago

Nigeria's Central Bank allowed the Naira weaken to a record low against the dollar on the official market on Friday,
Swiss Life busted by the U.S. for aiding tax evaders

U.S. busts Swiss Life aiding Americans hide assets, evade taxes

PM NEWS Editor

5 years ago

United States Justice Department has busted Swiss Life Holding AG and three subsidiaries helping its citizens hide assets and income…
fintech

Fintech, solution to Africa’s financial inclusion problems: Adebola Sanni

PM NEWS Live

5 years ago

Financial inclusion and provision of sustainable energy is at a turning point in Africa’s largest economy, Nigeria.
Jumia

Jumia declares increase in gross profit

PM NEWS Live

5 years ago

Africa's e-commerce market leader, Jumia has released its 2021 quarter one report, recording 11% year-on-year gross profit increase, as adjusted…
Elon Musk unsettles bitcoin again

Bitcoin drops after Tesla move, U.S. probe of Binance

Michael Adesina

5 years ago

Bitcoin slid to a 2-1/2-month low on Thursday after a regulatory probe into crypto exchange Binance added to pressure from…
Abisola Olusanya

Lagos APPEALS project to construct, rehabilitate 13.16km farm road

Kazeem Ugbodaga

5 years ago

Lagos State Government says its World Bank-assisted Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project would be constructing and…
FBI recovers cryptocurrency ransom paid to U.S. Colonial Pipeline hackers

Just IN: U.S. Colonial Pipeline pays N2.043b in ransom to hackers

PM NEWS Editor

5 years ago

U.S. Colonial Pipeline has paid a ransom close to $5million, about N2.043 billion to hackers, who disrupted its gas supply…
NGX

2Baba, Chike to perform at NGX Group’s launch

PM NEWS Live

5 years ago

2Baba and Chike, ‘boo of the booless’ crooner, are to perform at the launch of the Nigerian Exchange Group (NGX…
Elon Musk

Elon Musk suspends acceptance of Bitcoin for Tesla cars

PM NEWS Editor

5 years ago

lon Musk announced Wednesday night that Tesla has stopped accepting Bitcoin for car purchases due to increasing use of fossil…
Interswitch

Interswitch enables 2021 JAMB/UTME registration

Nimot Sulaimon

5 years ago

Interswitch, the foremost pan-African digital payment and commerce company has urged prospective candidates to take advantage of its various payment…
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