Business

Elumelu’s Heirs Holdings buys out Shell, ENI, Total in OML 17

PM NEWS Editor

5 years ago

Tony Elumelu's Heirs Holdings has expanded the group's energy portfolio with the unconditional acquisition of 45 percent stake in OML…

Buhari in petrol subsidy quagmire

PM NEWS Editor

5 years ago

The Buhari administration is now caught in a policy quagmire over whether petrol subsidy should be resumed or allow the…

Ex-GTB staff Onyekachi Nwosu jailed for N50m fraud

PM NEWS Editor

5 years ago

A former Guaranty Trust Bank (GTB) staff, Onyekachi Nwosu has been sentenced to seven years imprisonment by a Federal High…

The unsung gain of Nigeria’s partial border closure

PM NEWS Editor

5 years ago

One aspect of the partial closure of Nigeria’s land borders that is unsung is the push for greater cross-border security…

MultiChoice brings back special step up offer on DStv, GOtv

Kazeem Ugbodaga

5 years ago

MultiChoice says it has brought back the hugely popular Step Up campaign offer to its DStv and GOtv customers this…

96 firms bid for NNPC infrastructure rehab

PM NEWS Editor

5 years ago

96 companies have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure.

COVID-19 second wave: Online shopping’ll help limit spread – Jumia CEO

Kazeem Ugbodaga

5 years ago

Jumia Nigeria CEO, Massimiliano Spalazzi has highlighted the services of e-commerce platforms as one of the measures to help mitigate…

CAC hits N19bn revenue in 2020

Kazeem Ugbodaga

5 years ago

The Registrar-General, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has said the organisation raked in more than N19 billion as…

CAC earns record N19billion despite pandemic

PM NEWS Editor

5 years ago

The Corporate Affairs Commission (CAC) made more than N19 billion as Internally Generated Revenue (IGR) last year, its registrar-general, Alhaji…

Keystone Bank upgrades digital banking platform, launches ‘KeyMobile’

Kazeem Ugbodaga

5 years ago

Keystone Bank Limited has upgraded its digital banking experience through the launch of a truly customer-centric mobile application - ‘KeyMobile’…

Deutsche Bank dumps Trump

PM NEWS Editor

5 years ago

Deutsche Bank will not do business in the future with U.S. President Donald Trump or his companies following the assault…

Akinwumi Adesina named champion of Africa’s Great Green Wall

PM NEWS Editor

5 years ago

African Development Bank President Akinwumi Adesina has been announced as a champion of Africa’s Great Green Wall (GGW) initiative.

Nigerian Prince Ikem wins case against Emirates Airlines for refund of $1.63m

PM NEWS Editor

5 years ago

After 13 years of legal battle, a Nigerian businessman, Orji Prince Ikem has won his case against Emirates Airlines to…

Portugal’s firm Mota-Engil not China’s will build Kano-Maradi rail line

PM NEWS Editor

5 years ago

For a change, the Chinese are not building Kano-Maradi rail line. Portugal's firm Mota-Engil is the winner of the almost…

Stanbic IBTC supports businesses with bouquet of solutions

Nimot Sulaimon

5 years ago

Nigeria’s leading financial institution, Stanbic IBTC Holdings PLC, has highlighted its array of solutions to support businesses in the country…

How Dangote lost $900m in 24 hours

Michael Adesina

5 years ago

The President/Chief Executive, Dangote Industries Limited, Aliko Dangote’s total net worth dropped by $900m on Friday.

Dangote’s net worth dropped after losing $900m

Taiwo Okanlawon

5 years ago

Nigerian billionaire business magnate and the richest Black person in the world, Aliko Dangote has dropped from 106th to 114th…

AfCFTA: Dangote creates new trade routes

PM NEWS Live

5 years ago

Dangote Industries Ltd, said its cement expansion plan and fertilizer investments are strategies aimed at opening new trade routes for…

Enugu DISCO to invest N1.6bn on network expansion

PM NEWS Live

5 years ago

The Enugu Electricity Distribution Company (EEDC) said it will spend N1.6 billion on 30 electricity network expansion projects within the…

Ocean Marine Solutions Ltd: Missing links in Hosa Okunbo’s tale

PM NEWS Live

5 years ago

Ordinarily, the attempt by Captain Hosa Okunbo to obfuscate the real issues and confuse the public through a massive manipulative…

COVID-19: E-commerce trends to watch in 2021

Kazeem Ugbodaga

5 years ago

When the wave of covid-19 swept from the street of Wuhan to other corners of the world in the year…

Bitcoin’s value soars, exceeds $40,000 for first time

Michael Adesina

5 years ago

Bitcoin (BTC) surpassed its previous all-time high (ATH) as it reached earlier in the day, and has jumped over the…

Ekiti agency warns against indiscriminate erection of billboards

PM NEWS Live

5 years ago

The Ekiti State Signage and Advertisement Agency has warned advertisers against the indiscriminate erection of billboards and advised them to…

Lagos targets N60.31bn monthly IGR for 2021

Kazeem Ugbodaga

5 years ago

The Lagos State Government is targeting monthly Internally Generated Revenue, IGR, of N60.31 billion for 2021.

FCMB names Yemisi Edun as acting MD, after Nuru stepped aside

PM NEWS Editor

5 years ago

First City Monument Bank (FCMB) has appointed Yemisi Edun as acting managing Director, following the stepping aside of the incumbent…

Council to sanction adulterated seeds peddlers

PM NEWS Live

5 years ago

The National Agricultural Seeds Council (NASC) on Wednesday said that it would sanction unauthorised individuals or organisations dealing in fake…

SMEDAN trains young entrepreneurs

PM NEWS Live

5 years ago

The Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) trained more than 10, 000 young entrepreneurs in the North…

How I became leader in the print industry – Victor Peña

Taiwo Okanlawon

5 years ago

With offices in California, Korea, and China, and products sold around the world, OmniPrint has gained prominence in the print…

Ex-FinBank MD Okey Nwosu , 3 others jailed for N10.9b fraud

PM NEWS Editor

5 years ago

Okey Nwosu, a former Managing Director, Finbank Plc, was sentenced today to three years imprisonment over N10.9billion fraud.

There has been no increase in electricity tariff – Keyamo

Kazeem Ugbodaga

5 years ago

Minister of State for Labour and Employment, Festus Keyamo on Tuesday denounced purported hike in electricity tariff by the Nigerian…

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