Business

CBN net income drops to N35 billion

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11 years ago

The Central Bank of Nigeria (CBN) net income has dropped to N35.4 billion in 2014 from N209.6 billion in 2013,…

Stable power supply underway, says Buhari

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11 years ago

President Muhammadu Buhari says careful studies are already under way to identify the quickest, safest and cost-effective way to bring…

16 Years Of Democracy: Glo Celebrates Nigerians

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11 years ago

Indigenous telecommunications solutions provider, Globacom, says 16 years of uninterrupted democratic experiment and the successful transition of power to a…

Akinwunmi Adesina wins AfDB presidency

PM NEWS Live

11 years ago

Nigeria’s agriculture minister, Dr. Akinwunmi Adesina has been elected president of the African Development Bank, according to reports from Abidjan,…

Dana Crash: Families of victims demand full compensation

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11 years ago

The families of the victims of 2012 Dana plane crash on Wednesday urged the Federal Government to ensure that victims’…

Skye Bank appoints four Executive Directors

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11 years ago

The Board of Directors of Skye Bank Plc has announced the elevation and appointment of four new Executive Directors to…

Outcry Over Subsidy Removal

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11 years ago

Eromosele Ebhomele Except the incoming Muhammadu Buhari administration wades into Nigeria’s oil crisis which has almost grounded the country, a…

CBN yet to disburse N300bn real sector fund – RSSF

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11 years ago

The Central Bank of Nigeria says it is yet to start the disbursement of the N300 Billion Real Sector Support…

SME operators lament inability to access FG’s N220bn bailout fund

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11 years ago

Some small and medium entrepreneurs in Lagos on Tuesday expressed concern over their inability to access the Federal Government’s N220…

Power distribution historically pathetic, down to 727MW

pmnews

11 years ago

It has only gotten worse, not better for Nigeria as electricity output crashed to an all time, historic low of…

Adesina rounds off AfDB presidency campaign

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11 years ago

All the eight candidates contesting the presidency of the African Development bank (AfDB), rounded off their campaign at the weekend…

FG defends Seplat over pioneer status controversy

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11 years ago

The federal government has come out with a robust defence of indigenous oil and gas company, Seplat Petroleum Development Company…

Oil marketers call off strike, promise fuel in six hours

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11 years ago

The major oil marketers association of Nigeria (MOMAN) has finally reached an agreement with the government to begin supplying country…

LCCI calls for deregulation of oil and gas sector

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11 years ago

The Lagos Chamber of Commerce and Industry (LCCI) on Sunday called on the incoming administration at the federal level to…

Scarcity: Aero Contractors pull plugs on flight

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11 years ago

Aero Contractors Company of Nigeria Limited has announced to its customers that it will have to down some of its…

Court stops AGF, Samsung, Total, others from implementing Egina FPSO contract

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11 years ago

A Federal High Court sitting in Lagos, Southwest Nigeria has restrained the Attorney General of the Federation, National Petroleum Investment…

GTB to close by 1:00pm from Monday

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11 years ago

Guaranty Trust Bank has notified its customers that it will be closing early from Monday, 25 April due to the…

Capital Oil ends oil marketers monopoly, set to dispatch 20,000 trucks

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11 years ago

Capital Oil and Gas Ltd on Sunday commenced the loading of 13 million litres of petrol from its depot in…

Fuel Scarcity: Airtel may pull the plugs

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11 years ago

Telecommunication outfit, Airtel has issued a statement on the current diesel and petroleum product scarcity in Nigeria, noting that, the…

AfDB invests N2.91trn in Nigeria, others agric sector

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11 years ago

The African Development Bank (AfDB) said it has invested $14.78 billion (N2.91 trillion) in the agriculture sector of its Regional…

Energy crisis grounds economic activities, MTN warns of operational disruptions

pmnews

11 years ago

Social and economic activities in Nigeria is gradually grinding to a halt as acute energy crisis is forcing many businesses…

PENGASSAN, NUPENG to blame for electricity drop – FG

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11 years ago

The Federal Government on Friday in Abuja raised alarm over dwindling and epileptic electricity supply across the country and blamed…

Kano Electricity Company decries dwindling power allocation

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11 years ago

The Kano Electricity Distribution Company (KEDCO) has expressed concern over the dwindling power allocation to Kano from the National grid.…

Senate summons Okonjo-Iweala, Diezani as fuel scarcity worsens

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11 years ago

The Senate Committees on Petroleum Resources (Upstream and Downstream) have summoned Finance Minister, Dr Ngozi Okonjo-Iweala and Petroleum Minister, Diezani…

Customs Command Seme generates N712m in April

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11 years ago

The Seme Command of Nigeria Customs Service (NCS) on Friday said it generated N712.2 million as revenue in the month…

India lands jet fighter on highway as part of trial

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11 years ago

India Air Force (IAF) on Thursday landed a jet fighter on a highway close to New Delhi, the first of…

Okonjo-Iweala urges staff to support incoming administration

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11 years ago

The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Thursday urged members of staff of the ministry to support the incoming…

CBN grants FBN Holdings Plc merchant banking licence

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11 years ago

The Central Bank of Nigeria (CBN) has approved a merchant banking licence for First Bank Nigeria Holdings Plc, through its…

FG spends N373bn on ex-PHCN workers’ settlements

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11 years ago

The Director-General, Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, said the Federal Government spent over N373 billion to settle…

Fears Over Removal Of Oil Subsidy

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11 years ago

Nigeria’s crippling fuel shortages are unlikely to ease any time soon and much-needed deregulation of the subsidised market would be…

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