Business

FEC approves portal for import duty exemptions

Michael Adesina

6 years ago

The Federal Executive Council (FEC) on Wednesday approved the development of a portal for the management of import duty exemptions…

What Senate decided to do against influx of foreign vessels into Nigeria

Kazeem Ugbodaga

6 years ago

The Senate on Wednesday mandated its Committees on Local Content Legislative Compliance and Petroleum Downstream to investigate the influx of…

NNPC set to take measures to curb oil theft

PM NEWS Live

6 years ago

The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism and crude…

DMO clarifies Nigeria’s external debt

PM NEWS Live

6 years ago

The Debt Management Office (DMO) says the public debt stock of the country is a cumulative figure of borrowings by…

Senate probes CBN over N20trn unremitted stamp duties

Kazeem Ugbodaga

6 years ago

The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20 trillion into the Federation Account…

Firm kick-start initiative to help 500 Young Nigerians secure jobs

Kazeem Ugbodaga

6 years ago

Workbarn Consulting, a human resources and management consulting firm, has kick started a CSR initiative which aims to guide individuals…

N10.7bn debt: Lister Flour Mills, First Bank move to settle out of court

Kazeem Ugbodaga

6 years ago

A Federal High Court sitting in Lagos, Southwest Nigeria has adjourned till February 17, 2020, for First bank of Nigeria…

Sanwo-Olu makes crucial appointment for LASAA

Michael Adesina

6 years ago

Lagos State Governor, Mr. Babajide Sanwo-Olu has appointed Prince Adedamola Docemo as the new Managing Director of the Lagos State…

Buhari seeks Senate’s confirmation of new FIRS chairman

Kazeem Ugbodaga

6 years ago

The Senate on Tuesday received a formal request from President Muhammadu Buhari for the confirmation of Muhammad Mamman Nami as…

Senate considers bill to address food security problems in Nigeria

Kazeem Ugbodaga

6 years ago

The Senate on Tuesday commenced legislative action to address the country’s food security problems when it considered a Bill to…

DisCos revenue collection increases by N43bn

Michael Adesina

6 years ago

The Electricity Distribution Companies (DisCos) say their revenue has increased by N43 billion in the last one year.

Buhari sacks Banire as AMCON Chairman, appoints replacement

Michael Adesina

6 years ago

President Muhammadu Buhari has sacked Dr. Muiz Banire as Chairman of the Asset Management Corporation of Nigeria, AMCON, and appointed…

Huawei delays Harmony OS for phones, tablets, computers

PM NEWS Editor

6 years ago

Chinese tech giant Huawei Technologies says it is not in a hurry to deploy its Harmony operating system on its…

ECOWAS leaders set to meet on single currency

PM NEWS Editor

6 years ago

Presidents of Economic Community of West African States (ECOWAS) are to meet on December 21 in Abuja to consider recommendations…

Adesina wins African of the Year award

PM NEWS Editor

6 years ago

African Development Bank President Dr Akinwumi Adesina received the African of the Year Award from the All Africa Business Leaders…

CBN appoints new director

Nimot Sulaimon

6 years ago

The Central Bank of Nigeria (CBN) has appointed Ahmed Bello Umar as the new Director, Currency Operations.

Shell blocks enforcement of $516m oil spill claims by Ogoni community

PM NEWS Editor

6 years ago

A Judge in London on Thursday overturned an attempt by lawyers to a Nigerian community to carry over a 2010…

UK Fraud Office probes Glencore for bribery

PM NEWS Editor

6 years ago

The world's largest commodities trader, Glencore Plc is being investigated for bribery by the UK Serious Fraud Office.

Stanbic IBTC attracts highest capital inflow into Nigeria for third quarter of 2019

Kazeem Ugbodaga

6 years ago

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged as the financial institution that attracted the…

Ecobank Nigeria gets applause for supporting Young Entrepreneurs

Kazeem Ugbodaga

6 years ago

Ecobank Nigeria has been commended for supporting budding entrepreneurs and small and medium enterprises (SMEs) in the country.

Ifeanyi Ubah’s N135b fraud case adjourned till 2020

PM NEWS Editor

6 years ago

A Federal High Court in Lagos on Wednesday adjourned until Feb. 13, 2020, trial of the Chairman of Capital Oil…

Aiteo loses $240m crude to thieves

PM NEWS Editor

6 years ago

Aiteo Eastern Exploration and Production, operators of OML 29, said the activities of oil thieves have assumed alarming proportions, leading…

POS Stamp Duty: ‘You are rubbishing cashless policy’ – Group tells FG

Nimot Sulaimon

6 years ago

The Women’s Research and Documentation Centre (WORDOC), Institute of African Studies, University of Ibadan, declared that the introduction of N50…

Larry Page, Sergey Grin Google co-founders resign from Alphabet

PM NEWS Editor

6 years ago

Google co-founders Larry Page and Sergey Brin, have decided to step aside from control of their parent company, Alphabet. They…

Bad News for Nigeria, OPEC: Oil prices could fall to $40 in 2020

PM NEWS Editor

6 years ago

It's bad news for Nigeria and other OPEC countries and Russia as they meet in Vienna on 5 December to…

Nigeria among top 20 countries affected by Spam Calls, SMS globally

Kazeem Ugbodaga

6 years ago

Once again, Nigeria is one of the top 20 countries affected by spam calls and SMSes globally, a recent report…

Abiodun proposes N449.97 billion budget for 2020

Kazeem Ugbodaga

6 years ago

Ogun State Governor, Prince Dapo Abiodun on Tuesday presented a budget proposal of N449.974 billion to the State House of…

Nigerian court orders detention of Emirates plane over $22K debt

PM NEWS Editor

6 years ago

A Federal High Court sitting in Lagos has ordered the detention in Lagos of an Airbus aircraft belonging to Emirates…

Keystone Bank boosts workplace engagement, productivity

Kazeem Ugbodaga

6 years ago

In demonstration of its commitment to promoting fitness, healthy living, fostering effective and healthy workplace collaboration among its staff and…

Ecobank, Standard Chartered lead in capital importation to Nigeria

Kazeem Ugbodaga

6 years ago

National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC…

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