Business

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,

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, 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 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…

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…

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…

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…

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 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 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…

Hackers of U.S. Oil Pipeline want ransom paid

PM NEWS Editor

5 years ago

Hackers of U.S. fuel pipeline operator said in a news release on Monday that its goal was to make money…

The Brilliant Use of Social Media For Business and Leadership

Taiwo Okanlawon

5 years ago

By Ada Ikechukwu COVID-19 changed the way businesses were being conducted across the world. Social media and the Internet was…

Top 5 real estate developers making waves in Nigeria

Nimot Sulaimon

5 years ago

By Taiwo Okanlawon There are CEO’s who have shown exemplary leadership and have successfully positioned their companies as a leader…

CFAO’s Winpart launches Spare Parts e-commerce website

PM NEWS Live

5 years ago

Nigeria’s fast-growing distributor in original vehicle maintenance spare parts, Winpart, has launched an e-commerce website.

CFM reiterates promise to Nigeria’s wheat value chain

Nimot Sulaimon

5 years ago

Crown Flour Mill Limited, a subsidiary of Olam Nigeria, has re-echoed its promise to continue to collaborate with other stakeholders…

VAT increases by N41.7bn – NBS

PM NEWS Live

5 years ago

The National Bureau of Statistics (NBS) has said that Value Added Tax (VAT) increased by N41.7 billion in Quarter One…

Why everyone is talking about Bitcoin

PM NEWS Live

5 years ago

Bitcoin remains a dominant subject in various discussions about global financial markets, investments, and digital currencies.

Interswitch reaffirms commitment to STEM development

Nimot Sulaimon

5 years ago

Interswitch has reaffirmed its commitment to STEM development and announced registrations for Interswitch SPAK 3.0.

Harith launches $200m top up fund

Nimot Sulaimon

5 years ago

Harith General Partners, one of the largest investors in African Infrastructure, has announced a US$200 million capital raise in a…

Nigeria’s first law-focused tech hub launched

PM NEWS Live

5 years ago

Nigeria's first full-service law-focused tech hub has launched and commenced operations in Abuja, the nation’s capital.

Maritime stakeholders back suspension of Hadiza Bala-Usman

PM NEWS Editor

5 years ago

Some maritime stakeholders in Lagos backed the Federal Government’s suspension of Hadiza Bala-Usman as the Managing Director of the Nigerian…

NNPC begins Port Harcourt refinery repairs

PM NEWS Editor

5 years ago

The Nigerian National Petroleum Corporation (NNPC) has kicked off the Port Harcourt Refinery rehabilitation with a promise not to fail…

Buhari sets up panel to probe suspended NPA MD Hadiza Bala-Usman

Kazeem Ugbodaga

5 years ago

President Muhammadu Buhari has approved the setting up a panel of inquiry to probe the suspended Managing Director, Nigerian Port…

Shareholders give Sterling Bank plaudits

PM NEWS Editor

5 years ago

Shareholders of Sterling Bank Plc have commended the board and management of the bank for resilience, improved performance and returns…

CBN’s Naira 4 dollar scheme extended indefinitely

Muhamin Olowoporoku

5 years ago

The Central Bank of Nigeria (CBN) has indefinitely extended its Naira 4-dollar scheme which was scheduled to end previously on…

Nestlé records N87.3bn revenue in Q1 2021

Michael Adesina

5 years ago

Nestlé Nigeria Plc said it recorded revenue of N87.3 billion in its financial results for the first quarter of 2021,…

Jeff Bezos sells $2 billion worth of his Amazon shares

Nimot Sulaimon

5 years ago

Amazon boss Jeff Bezos has sold nearly 2 billion dollars' worth of his shares in the online retailer this week.

Wheat value chain important to Nigeria’s job creation, food security

PM NEWS Live

5 years ago

The wheat value chain continues to play key roles in providing employments for the active segment of the population while…

United Airlines increases flight frequencies on Lagos-Abuja route

PM NEWS Editor

5 years ago

By Yunus Yusuf/Ikeja United Nigeria Airlines announced an increased in its flight frequencies from Lagos to Abuja and verse versa…

Okonjo-Iweala appoints 2 women out of 4 WTO DDGs

PM NEWS Editor

5 years ago

WTO director-general, Ngozi Okonjo-Iweala has announced the appointment of her four Deputy Directors-General, with two women among them.

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