Business Archives - Page 306 of 483

Business

South Africa concerned about MTN fine in Nigeria

pmnews

10 years ago

South Africa has expressed concern over a N1.04 trillion (5.2 billion dollars) imposed by Nigerian authorities on MTN Group. However,…

Afreximbank disburses €15m loan to Guinean firm

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10 years ago

The African Export-Import Bank (Afreximbank) has disbursed 15 million Euro (about N3.2 billion) credit facility to a Guinean firm, Complex…

Bank customers in Lagos continue to register for BVN

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10 years ago

Five days after the expiration of the deadline for the registration of Bank Verification Number (BVN), banks in Lagos are…

Kia Motors donates Made-in-Nigeria Rio to Lagos State

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10 years ago

By Daniels Ekugo Kia Motors Nigeria has donated a Made in Nigeria Kia Rio car to the Lagos State Government…

Court orders FRC to cease action against Stanbic IBTC

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10 years ago

Justice Ibrahim Buba of a Federal High Court in Lagos has restrained the Financial Reporting Council of Nigeria (FRCN) from…

Arik Air rewards passengers with surprise gifts

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10 years ago

Arik Air, West and Central Africa’s largest carrier, is rewarding passengers with surprise gifts mid-flight in what the company calls…

S.African lawmakers fear MTN fine could hurt trade relations

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10 years ago

South African lawmakers are concerned MTN Group’s alleged violation of Nigerian laws could hurt trade relations between the continent’s two…

LASG shuts 6 firms over N18.73m tax liabilities

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10 years ago

The Lagos State Internal Revenue Service (LIRS) on Wednesday sealed six companies for failure to remit N18.73 million personal income…

Intels, Orleans generate 6.7bn dollars for Govt in 30years

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10 years ago

Integrated Logistics Services (Intels) Ltd., a major oil and gas cargo handling company and its holding company, Orleans Invest, generated…

No power blackouts in South Africa until April 2016 – Eskom CEO

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10 years ago

South African power utility, Eskom, does not expect to implement electricity blackouts until April 2016, its chief executive told parliament…

OLX, MoMo partner to ensure e-commerce user safety

pmnews

10 years ago

Funsho Arogundade OLX, Nigeria’s leading online classified platform has partnered with Mobile Monday Nigeria, MoMo, a global community of mobile…

$5.2bn Fine: MTN reacts to false information in media

pmnews

10 years ago

Telecommunication outfit, MTN has reacted to false information in the media while cautioning against reports that it has agreed a…

Oil Trade: NNPC says bye bye to middlemen, set to deal directly

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10 years ago

Nigeria will start selling and buying oil and gasoline directly to cut out middlemen and curb graft, the new managers…

Stanbic IBTC gets respite as CBN says no need to restate accounts

pmnews

10 years ago

Nigeria’s central bank did not find “material misrepresentation” after examining past accounts of commercial bank Stanbic IBTC and sees no…

Customs working hard to meet N944bn target, says Hameed Ali

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10 years ago

The Comptroller-General of Customs, Colonel Hameed Ali has revealed that the Nigerian Customs Services is working hard to meet the…

Equipment at Nigeria airports acquired over 30 years ago, FAAN MD tells Senate

pmnews

10 years ago

The Managing Director of the Federal Airport Authority of Nigeria (FAAN), Mr Saleh Dunoma, said on Tuesday in Abuja that…

Airtel bags Merit Award at ATCON’s 21st anniversary

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10 years ago

Henry Ojelu Telecommunications services provider, Airtel Nigeria, has been honoured with a Merit Award by the Association of Telecoms Companies…

NSE sanctions Oando for delayed filing of financial results

pmnews

10 years ago

The Nigerian Stock Exchange (NSE) has sanctioned Oando Plc for delayed filing of its audited financial statements (AFS) for the…

NNPC replaces offshore processing arrangement for crude oil direct sale

pmnews

10 years ago

The Nigerian National Petroleum Corporation (NNPC) on Tuesday announced the replacement of the Offshore Processing Arrangement (OPA) option for an…

37 ships laden with petroleum products, foods expected in Lagos

pmnews

10 years ago

Thirty seven ships laden with petroleum products, food items and other goods are expected to arrive Lagos ports from Nov.…

Nigeria faces stiff challenge to boost agriculture sector

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10 years ago

By Alexis Akwagyiram The pothole-ridden roads that connect Lagos, Nigeria’s bustling commercial capital, with Adeniyi Bunmi’s leafy farm in southwestern…

Activision Blizzard acquires Candy Crush for $5.9bn

pmnews

10 years ago

US computer game company Activision Blizzard, which produces World of Warcraft and Call of Duty, is buying King Digital Entertainment,…

Contempt: Financial Reporting Council boss knows fate Thursday

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10 years ago

A Federal High Court sitting in Lagos will on November 5, 2015 determine whether to invite the Chief Executive Officer…

MTN asks for ‘leniency’ on $5.2b Nigeria fine – Source

pmnews

10 years ago

South Africa’s MTN has written to authorities in Nigeria asking for “leniency” and requesting a review of a $5.2 billion…

Crude oil rises but glut keeps lid on gains

pmnews

10 years ago

Oil rises on Tuesday but pressured by a glut in supply and worries about a fragile demand outlook. Brent crude…

MTN renews operating spectrum, licence with $94.2m

pmnews

10 years ago

South Africa’s MTN on Tuesday said the Nigerian regulator had renewed its operations and licence up to 2021 at a…

Poultry farmers decry low patronage in Calabar

pmnews

10 years ago

Some poultry farmers in Calabar, southern Nigeria, have expressed worries over low patronage of their business. They made this known…

Customs approves appointment of 6 DCGs, 8 ACGs in acting capacity

pmnews

10 years ago

The Comptroller-General of Customs, retired Col. Hameed Ali, has approved the appointment of six acting Deputy Comptrollers-General (DCGs) and eight…

BVN: CBN extends enrollment for Diaspora bank customers

pmnews

10 years ago

The Central Bank of Nigeria (CBN) has extended the timeline for Nigerian bank customers in the Diaspora to enroll for…

KDSG to privatise abattoirs, send 7 butchers to Saudi Arabia on study tour

pmnews

10 years ago

The Kaduna State Government on Monday said it was preparing the state abattoirs for privatisation and would send seven butchers…

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