Business Archives - Page 389 of 483

Business

Plane Carrying Agagu’s Corpse Crashes In Lagos

PM NEWS Live

12 years ago

An Associated Airlines plane conveying the corpse of the late former governor of Ondo State, Olusegun Agagu, crashed on Thursday…

Plane crash latest: FAAN confirms 15 dead, 5 survivors

PM NEWS Live

12 years ago

Simon Ateba/Lagos An Associated airlines plane crashed on Thursday morning, killing at least 15 people, just minutes after taking off…

Obama warns Wall Street over budget crisis

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12 years ago

US President Barack Obama sent Wall Street a blunt warning Wednesday that it should be very worried about a political…

Nigeria unfurls new automotive policy

PM NEWS Live

12 years ago

Nigeria’s Federal Executive Council (FEC) on Wednesday approved a new national automotive policy to, among others, end the importation of…

NDDC boss upbraids contractor over poor job

PM NEWS Live

12 years ago

Okafor Ofiebor/Port Harcourt The Acting Managing Director/Chief Executive Officer of the Niger Delta Development Commission, (NDDC) Dr (Mrs) Christy Atako…

N4.7b Fraud: Another Judge Takes Over Babalakin’s Case

PM NEWS Live

12 years ago

The trial of the Chairman of Bi-Courtney Ltd., Wale Babalakin, accused of a N4.7 billion fraud, has been transferred to…

IATA: Airlines Passenger Traffic Soars

PM NEWS Live

12 years ago

World airline traffic expanded by 6.8 percent in August, enabling the industry to match an all-time record of 83.4 percent…

Nigeria bans import of foreign currencies

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12 years ago

The Central Bank of Nigeria (CBN) has banned the importation of all foreign currencies except with approval. According to a…

Estate of Nigeria’s anthem composer sues MTN

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12 years ago

The Estate of the composer of the National anthem, the late Pa Benedict Odiase, has sued telecommunications giant, MTN Nigeria…

Jonathan hands over power plants to new owners

PM NEWS Live

12 years ago

Nigeria’s Federal Government Monday in Abuja handed over share certificates and licences to new core owners of 15 of the…

Bank Grants N1.44bn Loans To Cassava Farmers

PM NEWS Live

12 years ago

The Bank of Agriculture (BOA) is to disburse N1.44 billion to cassava farmers in Sokoto State, northwest Nigeria. The State…

Nigerian Authorities Clarify New Aviation Charges For Private Jets

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12 years ago

The newly introduced general aviation charges in Nigeria are only for non-scheduled commercial operators and replace all previous charges, aviation…

Amnesty office trains 20 pilots in Germany

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12 years ago

Twenty commercial licensed pilots departed Lagos on Sunday for jet/type-rating training at the Lufthansa Pilot Institute, Germany. The pilots are…

Fashola unveils West Africa’s tallest hotel in Lagos

PM NEWS Live

12 years ago

Kazeem Ugbodaga Governor Babatunde Fashola of Lagos today unveiled the tallest hotel in West Africa, Intercontinental Lagos, built at a…

Nigerian Senate to resume public hearing on PIB

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12 years ago

The Nigerian Senate says it will resume another round of public hearing on the Petroleum Industry Bill (PIB) on 9…

29 oil thieves nabbed, 127 refineries smashed

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12 years ago

Nigeria’s Joint Military Task Force (JTF) in the Niger Delta has nabbed 29 oil thieves and destroyed 127 illegal oil…

DR Congo seizes 375 kilos of coltan bound for Rwanda

PM NEWS Live

13 years ago

Customs officers in the eastern Democratic Republic of Congo have seized 375 kilogrammes of coltan, a precious mineral used in…

Analysis: CBN battles money laundering

PM NEWS Live

13 years ago

Nigeria’s central bank has announced new measures to tackle money laundering it says is weakening the naira currency and risks…

CBN backs power reform with N109bn

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13 years ago

The Central Bank of Nigeria (CBN) says it has disbursed over N109 billion to 20 companies in support of the…

CBN releases names of sanctioned BDC operators

PM NEWS Live

13 years ago

Nigeria’s central bank has released the names of 20 Bureau De Change (BDC) operators whose licences were revoked for alleged…

BlackBerry Reports Deep Loss And Falling Revenue

PM NEWS Live

13 years ago

BlackBerry Ltd. reported a quarterly loss of nearly one billion dollars on Friday in line with last week’s warning. The…

Ostrich Farming: A Flourishing Agribusiness

PM NEWS Live

13 years ago

By Prince Arinze Onebunne Ostrich belongs to the family of giant birds known as Struthio camelus; Ostrich is a wild…

6 arrested over theft of gold bars on Air France

PM NEWS Live

13 years ago

French police on Friday arrested six men in and around Paris over their suspected involvement in the theft of gold…

5 bank fraudsters arrested

PM NEWS Live

13 years ago

Ayo Oluokun/Abuja Nigeria’s Economic and Financial Crimes Commission, EFCC, has arrested a five- man syndicate for attempting to defraud various…

Money laundering: CBN sacks 20 BDCs

PM NEWS Live

13 years ago

The Central Bank of Nigeria (CBN) has revoked the licence of 20 Bureau De Change (BDC) companies for foreign exchange…

NSE Market Capitalisation Records N4b Growth

PM NEWS Live

13 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) rose by N4 billion or 0.04 per cent on Thursday, as…

Chinese firm to build 2000 houses in Ogun state

PM NEWS Live

13 years ago

The Ogun State Government in western Nigeria and a Chinese Construction Company, the Citic Construction Ltd. have signed a memorandum…

Nigeria approves N29.7bn road, water projects

PM NEWS Live

13 years ago

Nigeria’s Federal Executive Council on Wednesday approved different projects valued at N29.7billion at a session presided over by Vice President…

Electricity restored at Lagos airport

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent Electricity has been restored at the Murtala Muhammed international airport in Lagos, western Nigeria, following a power…

Arik Air, IATA sign Weblink agreement

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent Nigeria’s largest airline, Arik Air, and the International Air Transport Association, IATA, have signed a weblink agreement,…

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