Business

NNPC refineries will come alive 2022, repairs begin January

PM NEWS Editor

7 years ago

Nigeria's refineries, located in Port Harcourt, Warri and Kaduna, will roar to life to refine crude oil at optimum capacity…

VerveCard scheme set to celebrate 10th anniversary

Kazeem Ugbodaga

7 years ago

Ten years ago, Verve, a leading payments technology and card scheme business in Africa, was launched by Interswitch Group to…

Firm loses $53,000 to email hackers

PM NEWS Editor

7 years ago

A company in Dubai has lost $53,000 (Dh194,700) after a cybercriminal hacked its email and then used a spoofed email…

Ecobank makes fresh appointments

Kazeem Ugbodaga

7 years ago

Ecobank Nigeria has announced the appointment of key Management Officers across various levels.

Keystone Bank rewards Verve card holders with free petrol

Kazeem Ugbodaga

7 years ago

Fastest growing financial services provider, Keystone Bank Limited in partnership with Verve International, has launched a promotion to reward its…

Reports: Pressure on Saudi billionaires to buy Aramco shares

PM NEWS Editor

7 years ago

Saudi Arabia is mounting pressure on wealthy nationals into taking part in Aramco’s upcoming IPO, The Financial Times and Bloomberg…

Ghana expects 850K tonnes of cocoa in 2019/20 season

Nimot Sulaimon

7 years ago

Ghana, the world’s second-largest cocoa producer, is expected to produce 850,000 tonnes of cocoa in 2019/20 season at the lower…

Huawei unveils Mate 30 series, world’s first 5G smartphone

PM NEWS Editor

7 years ago

China's telecom giant Huawei has unveiled its Mate 30 Series, the world's first second generation 5G smartphone, in Munich Germany.

Emefiele: Opportunities in fishing, $1.2billion spent on importation

PM NEWS Editor

7 years ago

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele said about $1.2 billion worth of fish is imported…

CBN to support nomadic herdsmen livestock production

Isa Isawade

7 years ago

The Central Bank of Nigeria (CBN) will support and integrate small holders, subsistence and nomadic herdsmen through its Anchor Borrowers…

Read what you lose for deposits or withdrawals above N500K

PM NEWS Editor

7 years ago

Banks have notified customers about the extra cash they will lose to the treasury when they make cash withdrawals above…

P&ID reacts to Abuja trial and conviction

PM NEWS Editor

7 years ago

Process and Industrial Developments Limited reacted to the trial and conviction of two of its directors in Abuja today and…

Court Convicts 2 P&ID Directors, Closes firm

PM NEWS Editor

7 years ago

The Economic and Financial Crimes Commission EFCC has secured the conviction of commercial director of Process and Industrial Developments Limited,…

Volkswagen, Porsche recall 227,000 cars for airbag, seatbelt problems

PM NEWS Editor

7 years ago

Volkswagen and Porsche have recalled around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany’s Stuttgarter Zeitung said…

European shares rise as banks lead gains

Nimot Sulaimon

7 years ago

European shares edged higher on Thursday, helped by a rise in banks after the U.S. Federal Reserve cut interest rates…

Domestic interest in Nigerian bourse wanes

PM NEWS Editor

7 years ago

Domestic transactions in the Nigerian Stock Exchange (NSE) has declined by 66.68 per cent compared with 12 years ago, a…

Iran bypasses SWIFT payment system, to dodge US sanctions

PM NEWS Editor

7 years ago

Iranian Central Bank (CBI) Head, Abdolnaser Hemmati, on Wednesday said the country is planning to evade American economic sanctions by…

Qatar Airways annual loss widens

Nimot Sulaimon

7 years ago

Qatar Airways reported a loss of 2.3 billion Qatari riyals or 639 million dollars on Wednesday for the year ended…

Federal Mortgage Bank seeks N500bn recapitalisation fund

Nimot Sulaimon

7 years ago

Mr. Umar Dankane, Executive Director, Business Development and Portfolio Management of the Federal Mortgage Bank of Nigeria has said that…

Ijebu-Ode bizman seeks to shut down Union Homes over N757m debt

PM NEWS Editor

7 years ago

A businessman, Afolorunso Yinusa, based in Ijebu-Ode Ogun state, South west Nigeria has dragged Union Homes Savings and Loans before…

A must-read for all owners of diesel-powered generators in Nigeria

PM NEWS Editor

7 years ago

Diesel prices are expected to surge as United Nations rules aimed at cleaning up international shipping come into effect on…

Osinbajo inaugurates inter-agency committee to recover N5trillion AMCON debt

PM NEWS Editor

7 years ago

The Federal Government has inaugurated an inter-agency committee to speedily resolve the challenges in recovering over N5 trillion Asset Management…

How Stanbic IBTC facilitated $589.84m capital inflow into Nigeria – Sanni

Kazeem Ugbodaga

7 years ago

Yinka Sanni, Chief Executive, Stanbic IBTC Holdings PLC, has assured Nigerians that Stanbic IBTC Bank remains strong, stable and sustainable…

Why NPA must give us approval for Badagry, Lekki Seaports now – Sanwo-Olu

Kazeem Ugbodaga

7 years ago

Lagos State Governor, Babajide Sanwo-Olu, on Monday called on the Nigerian Ports Authority (NPA) to accelerate the process of giving…

Buhari names Salami, Soludo, Rewane as members of EAC

PM NEWS Editor

7 years ago

President Muhammadu Buhari has constituted an Economic Advisory Council (EAC) that included former governor of the Central Bank, Professor Chukwuma…

Dangote shuts Kano tomato plant again

PM NEWS Editor

7 years ago

Dangote Tomato plant in Kano has been shut again, six months after it resumed operations from an almost three-year shut…

Boon to Nigeria as oil prices soar after Saudi attacks

PM NEWS Editor

7 years ago

Forty eight hours after the drone attacks on Saudi oil facilities, Brent crude price reopened early Monday appreciating between 15-…

Trump orders drawdown of US strategic oil reserves

PM NEWS Editor

7 years ago

US President Donald Trump said Sunday that he has authorized "the release of oil from the Strategic Petroleum Reserve" (SPR)…

Saudi Arabia races to restore crude production

PM NEWS Editor

7 years ago

Saudi Arabia raced on Sunday to restart operations at oil plants hit by drone attacks which slashed its production by…

49,200 General Motors workers begin strike, first in 12 years

PM NEWS Editor

7 years ago

Roughly 49,200 workers at General Motors plants in the U.S. will go on strike Sunday night, halting production in US.…

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