Business Archives - Page 387 of 483

Business

Forte Oil profit soars

PM NEWS Live

12 years ago

Forte Oil Plc on Monday announced a N2.7 billion profit after tax for the nine months ended 30 September. According…

Alao Loses Bid To Quash N1.1b Fuel Subsidy Fraud Charge

PM NEWS Live

12 years ago

An Ikeja High Court on Monday dismissed an application by an oil marketer, Abdullahi Alao, seeking to quash the fuel…

Oduah’s N255m Cars Costlier Than 5 Obama Limousines

PM NEWS Live

12 years ago

Nigeria’s embattled Minister of Aviation, Princess Stella Oduah, could have easily bought an Eclipse 500 private jet with the whopping…

Demand Implementation Of Oil Sector Audit Report —EITI

PM NEWS Live

12 years ago

Extractive Industries Transparency Initiative, EITI, an international body that preaches transparency in the management of oil, gas and mineral resources,…

Uche Pedro of Bella Naija wins Media Entrepreneur Award

PM NEWS Live

12 years ago

British Council and The Future Awards Africa have announced Uche Pedro as winner of the International Young Media Entrepreneur of…

Group urges Jonathan sell Oduah’s armored cars

PM NEWS Live

12 years ago

A civil society group, Socio-Economic Rights and Accountability Project (SERAP) has appealed to President Goodluck Jonathan to “urgently order the…

Shell lifts force majeure on Nigerian oil exports

PM NEWS Live

12 years ago

Anglo-Dutch oil giant Shell on Friday lifted a force majeure on crude oil exports from Nigeria after repairing a supply…

N255m car scandal: Aviation authorities change story

PM NEWS Live

12 years ago

Simon Ateba/Aviation correspondent Nigeria’s aviation authorities on Friday changed an earlier version of a story surrounding the purchase of two…

Oduah, car scandal minister sets up panel to probe leak

PM NEWS Live

12 years ago

Simon Ateba/Aviation correspondent Nigeria’s embattled minister of aviation, Princess Stella Adaeze Oduah, has set up a panel to investigate how…

NDLEA Arrests 20 Drug Suspects

PM NEWS Live

12 years ago

The National Drugs Law Enforcement Agency (NDLEA) on Friday said it has arrested 20 persons, including a 27-year old woman,…

Omotosho Power Plant Ready

PM NEWS Live

12 years ago

The Managing Director, China Machinery Engineering Corporation, Mr Liu Zhao-Long, on Friday said that the Omotosho 500 Mega Watts (MW)…

Ekiti gets N48b foreign investment

PM NEWS Live

12 years ago

Governor Kayode Fayemi of the western Nigerian state of Ekiti said that the state got an inflow of investments worth…

Fashola commissions Alausa power plant

PM NEWS Live

12 years ago

Kazeem Ugbodaga Governor Babatunde Fashola of Lagos State has commissioned the 10.4MW Alausa Independent Power Project, IPP, built at a…

Court Enforces Order On Mainstreet Bank

PM NEWS Live

12 years ago

Operations at Mainstreet Bank in Makurdi were interrupted for 30 minutes on Thursday when policemen and court bailiffs came to…

N255m Bullet-Proof BMW Cars: Stella Oduah Must Go

PM NEWS Live

12 years ago

Nigerian activists and aviation analysts have called on the embattled minister of aviation, Princess Stella Adaeze Oduah, to resign, following…

Nigerian community rejects ExxonMobil N2.5b offer for spill

PM NEWS Live

12 years ago

The Eket Federal Constituency Vanguard, in Akwa Ibom state, southern Nigeria has rejected the N2.5 billion oil spill compensation offered…

Switzerland breaks seal on banking secrecy

PM NEWS Live

12 years ago

PARIS(AFP) – Switzerland broke the seal on its banking secrecy, until now considered virtually ironclad, by signing an international agreement…

Nigeria to shut financially distressed airlines

PM NEWS Live

12 years ago

Simon Ateba/Aviation correspondent Nigerian airlines that do not pay staff regular salaries will be shut and a comprehensive audit of…

Oando gets loan offer to seal ConocoPhillips deal

PM NEWS Live

12 years ago

Nigeria’s leading energy corporation, Oando Plc, says it has received credit offers of up to $815 million for the buyout…

NCAA Broke, Inspectors Accept Bribe

PM NEWS Live

12 years ago

The Nigerian Civil Aviation Authority, NCAA, is broke, and aircraft inspectors are not being paid allowances on time, a report…

Another aviation scare: Nigerian passengers disembark on runway

PM NEWS Live

12 years ago

Simon Ateba/Aviation correspondent An IRS Airline plane, on Sunday, had to disembark 89 passengers right on the runway in the…

Lagos gets set to turn waste into electricity

PM NEWS Live

12 years ago

(Reuters) – One thing Nigeria’s megacity of Lagos, one of the world’s largest, generates in abundance is trash. Now it…

N77m Fraud: Ex-Oyo Commissioner Gets N10m Bail

PM NEWS Live

12 years ago

A Nigerian Federal High Court sitting in Lagos, on Friday, granted a N10 million bail to Kazeem Adedeji, a former…

Techno Oil Opens mega fuel stations

PM NEWS Live

12 years ago

Techno Oil Ltd has started inaugurating its 20 new mega filling stations in cities nationwide to make petroleum products readily…

World Bank: Imminent drought will hit Nigeria, others

PM NEWS Live

12 years ago

The World Bank has sounded an alert about an imminent drought in Africa, that will affect Nigeria and at least…

Shell issues force majeure on Nigeria’s oil export

PM NEWS Live

12 years ago

Shell warned on Friday it may not meet production targets for crude exports in Nigeria after it shut down a…

Toyota unveils cars of the future, with auto pilot

PM NEWS Live

12 years ago

Toyota on Friday unveiled the next generation of cars featuring an auto pilot system that will swerve to avoid collisions…

US shutdown will affect Nigeria, says Okonjo-Iweala

PM NEWS Live

12 years ago

Nigeria’s minister of finance, Dr Ngozi Okonjo-Iweala, said on Thursday that the present shutdown in America, over budget row, might…

JUMIA wins world retail award

PM NEWS Live

12 years ago

JUMIA, Nigeria’s leading online shopping destination has clinched the the World Retail Award At the ceremony in Paris, France, Jumia…

Dangote Cement, Zenith drag down Lagos bourse

PM NEWS Live

12 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) depreciated by N94 billion or 0.79 per cent on Thursday as…

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