Business Archives - Page 262 of 482

Business

Gilbert Chagoury sues FBI, US Justice Department over visa ban

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10 years ago

Gilbert Chagoury, billionaire businessman and owner of Eko Hotels in Lagos Nigeria has filed a legal action against the US…

Lagos unveils Ketu-Alapere lay-by to decongest traffic

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10 years ago

The Lagos State Government has unveiled the newly built Ketu-Alapere Lay-by and 700m concretized Slip Road to decongest traffic in…

Ambode flags off commissioning of N19.4 billion 114 roads

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10 years ago

Kazeem Ugbodaga Lagos State Governor, Mr. Akinwunmi Ambode on Saturday flagged off a week-long commissioning of 114 roads newly constructed…

NAHCON to sanction pilgrims’ agencies over Hajj fare

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10 years ago

The National Hajj Commission of Nigeria (NAHCON) on Friday said it would investigate allegations that states used agents in the…

BRT bus records first road crash on night service

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10 years ago

An operator of Lagos State Bus Rapid Transit (BRT) scheme, Primero Transport Services, has recorded first road traffic crash on…

South Africa Airways reports record loss

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10 years ago

State airline, South African Airways (SAA) on Friday, revealed a record loss of 4.67 billion rand (330 million dollars) for…

Nigeria’s inflation rate hits 17.6 % in August – NBS

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10 years ago

The National Bureau of Statistics (NBS) says Consumer Price Index (CPI) has increased to 17.6 per cent (year-on-year) in August…

Aviation group opposes bailout for domestic airlines

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10 years ago

A group, the Aviation Round Table (ART), has called on the Federal Government to resist any pressure to offer bailout…

Ecobank Nigeria launches MasterPass QR

pmnews

10 years ago

By Daniels Ekugo Ecobank Nigeria has launched Ecobank MasterPass QR, a Mastercard global digital system that allows people to pay…

Power generation improves, hits 4,285 megawatts

pmnews

10 years ago

The Transmission Company of Nigeria (TCN) has said that the country’s power generation has increased from 3,810 megawatts recorded on…

Nigerian inflation rises to 17.6 percent in August

pmnews

10 years ago

Annual inflation in Nigeria accelerated to 17.6 percent in August, a fresh 11-year high and the seventh monthly increase in…

Patience Jonathan must forfeit $15m-EFCC

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10 years ago

The Economic and Financial Crimes Commission says it is heading to court to file an application seeking the total forfeiture…

MTN scraps mobile money business in South Africa

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10 years ago

South African mobile phone operator MTN Group on Thursday scrapped its local mobile money business due to its high operating…

Nigerian trader killed in South Africa

pmnews

10 years ago

The Nigeria Union in South Africa said on Thursday that a Nigerian petty trader, Monday Okorie, was killed in Potchefstroom,…

Nigeria raises N183 billion in short-dated treasury bills

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10 years ago

Nigeria sold N183.24 billion worth in treasury bills at an auction on Wednesday, with mixed yields on all the tenors,…

Ibori’s conviction stands despite bribery evidence-UK

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10 years ago

Jailed former Nigerian state governor James Ibori’s convictions remain valid despite evidence a British police officer took bribes during the…

Textile union endorses Obaseki for governor

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10 years ago

The National Union of Textile Garment and Tailoring Workers of Nigeria (NUTGTWN) has endorsed Mr Godwin Obaseki as the next…

Ambode approves N740m compensation for LFZ host communities

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10 years ago

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday approved a total sum of N740,461,432.00 as compensation for host communities of…

Companies plead guilty in Patience Jonathan’s $15m saga

pmnews

10 years ago

The four companies charged alongside a former Special Adviser on Domestic Affairs to ex-President Goodluck Jonathan, Waripamo Dudafa, and two…

Ambode donates N5m to students with new Bio-gas technology

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10 years ago

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday donated N5 million to two students of the Lagos State College Of…

$15m Saga: Patience Jonathan to sue EFCC

pmnews

10 years ago

Nigeria’s anti-corruption agency has confirmed to the BBC that former first lady Patience Jonathan is taking the agency to court…

Emir Sanusi urges FG to seek experts’ advice on recession

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10 years ago

The Emir of Kano, Mallam Muhammad Sanusi II, has called on the Federal Government ‎to seek the advice of economic…

MAN warns against reduction of products’ quantity, quality

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10 years ago

The Manufacturers Association of Nigeria (MAN) has urged its members to desist from reducing quantity and quality of their goods…

$15m saga: ‘FG must prosecute Patience Jonathan now’

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10 years ago

The Socio-Economic Rights and Accountability Project (SERAP) has asked Mr. Abubakar Malami (SAN), Attorney-General of the Federation and Minister of…

Oprah Winfrey loses $117million as share prices plummet by 66%

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10 years ago

Oprah Winfrey weight isn’t the only thing that has dropped after losing $117 million when her Weight Watchers shares plummeted…

NDLEA nabs man with methamphetamine valued at N31m

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10 years ago

The National Drug Law Enforcement Agency (NDLEA) says it has arrested a man with parcels of methamphetamine (an addictive stimulant)…

Archbishop blames kidnapping on joblessness

pmnews

10 years ago

The Catholic Archbishop of Lagos, Most Rev. Adewale Martins, on Wednesday urged government at all levels to create job opportunities,…

Uber launches first self-driving taxi fleet

PM NEWS Live

10 years ago

Uber on Wednesday launched a groundbreaking driver-less car service, jumping ahead of Detroit auto giants and Silicon Valley rivals with…

Eid-el-Kabir: Passengers throng Osogbo parks after celebrations

pmnews

10 years ago

Scores of passengers travelling back to their bases on Wednesday besieged different motor parks in Osogbo, after the Eid-el-Kabir celebration.…

Public, private offices resume work after Eid-el-Kabir

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10 years ago

Public and private outfits in Osogbo, Osun, on Wednesday resumed for work after the two-day Eid-el-Kabir holiday declared by the…

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