Business Archives - Page 186 of 482

Business

Union Bank posts N42.6bn gross earnings in first quarter of 2020

Kazeem Ugbodaga

6 years ago

Union Bank of Nigeria Plc on Wednesday announced gross earnings of N42.6 billion in its unaudited financial statements for the…

Breaking: IMF approves $3.4b loan for Nigeria

PM NEWS Editor

6 years ago

The International Monetary Fund(IMF) has approved Nigeria’s request for $3.4 billion loan to fight the devastating effect of the COVID-19.

JUST IN: Senate gives Buhari nod to obtain N850bn loan

Kazeem Ugbodaga

6 years ago

The Nigerian Senate on Tuesday granted the request of President Muhammadu Buhari to obtain N850 billion fresh loan to fund…

Deutsche Bank denies U.S. Senators info on Trump accounts

PM NEWS Editor

6 years ago

Deutsche Bank has declined a request by prominent U.S. senators to provide information about the German lender’s recent business dealings…

Development Bank donates N100m to fight against COVID-19

Kazeem Ugbodaga

6 years ago

Development Bank of Nigeria Plc, DBN, has announced a donation of N100 million towards the fight against the deadly coronavirus…

Venezuelan oil price falls below $10

PM NEWS Editor

6 years ago

The price of Venezuelan oil has fallen to below $10 a barrel -- its lowest level in more than two…

Kanye West officially becomes billionaire

Taiwo Okanlawon

6 years ago

American rapper and business mogul, Kanye West has now been named a Billionaire by Forbes, making him the second American…

U.S. states to cut oil production

Taiwo Okanlawon

6 years ago

U.S. President Donald Trump has disclosed that Texas, Oklahoma, and North Dakota will cut their oil production, without giving specifics…

Industries resume production in Hubei China

Nimot Sulaimon

6 years ago

Over 98 percent of major industrial firms in central China's Hubei province have resumed work after months-long shutdown.

World Bank forecasts sharp fall in remittances to Nigeria, Africa, Asia

PM NEWS Editor

6 years ago

The World Bank said remittances will decline sharply by about 23.1 percent to sub-Nigeria and other Saharan African nations this…

Keystone Bank disowns ex-staff, Triple C Investment

Kazeem Ugbodaga

6 years ago

The management of Keystone Bank Limited, has alerted its teeming customers of the activities of one Mr. Obinna Onuselogu, who…

KIA shuts two assembly plants

PM NEWS Editor

6 years ago

Kia Motors said Thursday it will suspend two of its eight plants in South Korea due to the coronavirus impact.

How Nigeria can survive global oil collapse – Atiku

Kazeem Ugbodaga

6 years ago

Former Vice President, Atiku Abubakar has proffered solution on how Nigeria can survive the impact of global oil collapse on…

Osinbajo meets IMF, World Bank representatives

Kazeem Ugbodaga

6 years ago

Vice President Yemi Osinbajo is enlarging the pool of options open to Nigeria in achieving the Buhari Presidency plan to…

Nigeria’s inflation rate hits 12.26 percent

Kazeem Ugbodaga

6 years ago

Nigeria's inflation rate has hit 12.26 percent in March 2020, the National Bureau of Statistics reports on Tuesday.

Rivers unseals Caverton Helicopters’ office

Kazeem Ugbodaga

6 years ago

Rivers State Government has unsealed the business premises of Caverton Helicopters, following apology and commitment to be of good conduct…

Virgin Australia enters voluntary administration, Deloitte takes over

PM NEWS Editor

6 years ago

After being battered by the coronavirus crisis and a high debt load, .Virgin Australia Holdings Ltd said on Tuesday it…

20 April : Unforgettable day for global crude oil prices

PM NEWS Editor

6 years ago

U.S. crude oil futures collapsed below $0 on Monday, 20 April for the first time in history. amid a coronavirus-induced…

Trump mulls stopping Saudi oil shipments as oil prices plunge into negative

PM NEWS Editor

6 years ago

U.S. President Donald Trump said on Monday that his administration was looking at the possibility of stopping incoming Saudi Arabian…

FBN Holdings Plc posts N28.7b PBT in Q1

PM NEWS Editor

6 years ago

FBN Holdings Plc. on Monday announced gross earnings of N159.7 billion for the three months ended March 31, 2020.

No buyer for crude, price crashes below $2 a barrel

PM NEWS Editor

6 years ago

The U.S. crude futures plunged more than 85% on Monday to the lowest price on record as storage space for…

Nigerian govt extends closure of airspace, airports by 14 days

Kazeem Ugbodaga

6 years ago

The Federal Government on Monday extended the closure of the nation's airspace and airports by another 14 days as Coronavirus…

Australia orders Google, Facebook to pay domestic media

Taiwo Okanlawon

6 years ago

Australia Government has ordered Facebook Inc and Google's Alphabet Inc to share advertising revenue with local media firms, as the…

Tiamin Rice Mill replies Kano govt over ‘frivolous allegations’

Michael Adesina

6 years ago

The Kano State Government has closed down Tiamin Rice Mill along Zaria Road due to complaints of air pollution.

How Serial Entrepreneur, Wesley Virgin inspired Ariella Iorio into launching multi-million business

Taiwo Okanlawon

6 years ago

Ariella Iorio is a successful entrepreneur in the field of content and affiliate marketing. She is the manager of Virgin…

South West governors dissolve Odu’a Investment board

PM NEWS Editor

6 years ago

Governors of the six South-West states of Ekiti, Lagos, Ogun, Ondo, Osun and Oyo have dissolved the board of Odu'a…

CACOVID relief fund gets bigger: CBN

Nimot Sulaimon

6 years ago

The Central Bank of Nigeria (CBN) on Friday revealed that its Private Sector Coalition Against COVID-19, CACOVID relief fund has…

Netflix overtakes ExxonMobil in stock value

PM NEWS Editor

6 years ago

Netflix, the online movie streaming giant is now more valuable than ExxonMobil, the American oil giant.

Chevron debunks reports workforce stricken by coronavirus

PM NEWS Editor

6 years ago

Chevron Nigeria Limited said on Thursday that its workforce, both expatriate and indigenous is free of the coronavirus.

Moody’s maintains negative outlook for Nigeria

PM NEWS Editor

6 years ago

America's credit rating agency Moody's in a statement on Wednesday affirmed Nigeria's B2 ratings.

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