Business Archives - Page 403 of 483

Business

Witness fails to prove fraud against oil marketers

PM NEWS Live

13 years ago

Henry Ojelu As the trial of Walter Wagbatsoma and four others over alleged fuel subsidy fraud commenced today at the…

Loss of Lipitor clone dents Q1 profit of Ranbaxy

PM NEWS Live

13 years ago

India’s biggest drugmaker Ranbaxy said Wednesday its quarterly net profit slid 90 percent, hit by the loss of exclusive rights…

Jets worth $3.75b Owned By Nigerians

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent Wealthy Nigerians own over 150 jets worth about $3.75 billion, the Managing Director of Guaranty Trust Bank,…

BMW recalls 3-Series models for airbag flaw

PM NEWS Live

13 years ago

German luxury carmaker BMW has issued a recall of 220,000 vehicles because of a defect in Japanese-made airbags installed over…

Report: Foreign Direct Investments Up In Africa

PM NEWS Live

13 years ago

Simon Ateba/Lagos Africa is becoming more attractive to investors and Foreign Direct Investment (FDI) projects have steadily grown over the…

Oil Subsidy fraud: Tukur’s son challenges court’s jurisdiction

PM NEWS Live

13 years ago

Henry Ojelu Mahmud Tukur, son of the Peoples’ Democratic Party’s chairman, Bamanga Tukur today challenged the jurisdiction of an Ikeja…

Subscribers Bemoan Hitches In Porting

PM NEWS Live

13 years ago

Few weeks after the introduction of Mobile Number Portability, MNP, in Nigeria, subscribers have been complaining about the hitches experienced…

New Lagos Seaport To Gulp N240b

PM NEWS Live

13 years ago

The proposed Lekki seaport will gulp N240 billion ($1.5 billion), says the Lagos State Government. Commissioner for Commerce and Industry,…

Stakeholders Seek Stricter Laws For IP Protection

PM NEWS Live

13 years ago

Stakeholders in the IT industry have unanimously called for the review of legal documents in Nigeria to protect owners’ intellectual…

Lafarge WAPCO’s profit rises in Q1

PM NEWS Live

13 years ago

Lafarge WAPCO, the cement producer has recorded a 50 per cent rise in its first quarter profit for this year.…

Nigeria votes $3.7b for power transmission

PM NEWS Live

13 years ago

Amidst expert prediction that Nigeria is in for decades of darkness, without stable electricity, the Federal Government has approved 3.7…

Jonathan to discuss trade with Zuma

PM NEWS Live

13 years ago

Nigerian President Goodluck Jonathan and his South African counterpart Jacob Zuma will discuss ways to boost trade between Africa’s two…

Reports: No stable power supply in Nigeria until 2050

PM NEWS Live

13 years ago

Simon Ateba Despite Nigeria’s government’s posturing that Nigerians will enjoy steady electricity by 2015, experts say darkness may persist until…

Regional Bank Manager Docked Over N43.7m Fraud

PM NEWS Live

13 years ago

PAUL IYOGHOJIE The regional manager of a new generation bank at Kaduna Road Kaduna, northwest Nigeria, Mr. Ige Adegboye, 43,…

Washington Post profit slumps

PM NEWS Live

13 years ago

The Washington Post Co. eked out a slim profit in the first quarter as earnings from cable and broadcast television…

NNPC denies setting up pipeline security agency

PM NEWS Live

13 years ago

Both the Nigerian National Petroleum Corporation (NNPC) and Pipeline and Products Marketing Company (PPMC) have said there is no plan…

US reports more jobs in April

PM NEWS Live

13 years ago

WASHINGTON(AFP) – A solid job creation report for April and a fall in the jobless rate to 7.5 percent sweetened…

Bombardier jet: Rivers debunks aviation ministry’s allegations

PM NEWS Live

13 years ago

Okafor Ofiebor/Port Harcourt Rivers State Government has denied the allegations by Ministry of Aviation that the documents it has been…

We Are Creating Jobs From Grasscutter Farming

PM NEWS Live

13 years ago

Prince Arinze Onebune, the CEO and Managing Consultant of Jovana Farms is undoubtedly one Nigerian who is passionate about job…

Europe still in quagmire of recession

PM NEWS Live

13 years ago

BRUSSELS (AFP) – Recession in the crisis-hit eurozone will continue unabated for the rest of the year with unemployment remaining…

N400m fake drugs destroyed

PM NEWS Live

13 years ago

The National Agency for Food and Drug Administration and Control (NAFDAC) on Thursday in Makurdi, destroyed substandard, fake and adulterated…

100 dead in Darfur gold mine disaster

PM NEWS Live

13 years ago

Around 100 miners are estimated to have died inside a collapsed gold mine in Sudan’s Darfur region and nine rescuers…

Reuters: Still a long way in Nigeria for stable electricity

PM NEWS Live

13 years ago

In an unwanted daily routine lasting 17 years, Phillip Cleatus sits in the dark doorway of his shoe-making shop in…

Shell begins search for new CEO as Voser retires

PM NEWS Live

13 years ago

Global energy giant Shell has begun the search for a new chief executive following the surprise announcement that incumbent Peter…

Bermuda and UK territories sign anti-tax evasion deal

PM NEWS Live

13 years ago

Bermuda, the Turks and Caicos and other British overseas territories with extensive financial centres have signed agreements to share tax…

Telecom: Airtel records losses in Africa

PM NEWS Live

13 years ago

India’s top telecoms company Bharti Airtel said Thursday its net quarterly profit halved in its final financial quarter to March,…

FBN Holdings grows profit, pays N1 dividend

PM NEWS Live

13 years ago

First Bank of Nigeria Holdings Plc on Tuesday announced a profit before tax of N92.7 billion for the financial year…

Oil Subsidy scam suspects cleared for trial

PM NEWS Live

13 years ago

The coast is now clear for the arraignment of Helyn Aninye, Chizobam Ben-Okafor and Pon-Specialized Services Limited for oil subsidy…

EFCC Questions Ubah over N43b subsidy scam

PM NEWS Live

13 years ago

Nigeria’s Economic and Financial Crimes Commission, EFCC, arrested and quizzed Ifeanyi Ubah, Managing Director of Capital Oil and Gas Industries…

Banker Withdraws Employer’s N4m

PM NEWS Live

13 years ago

The police at Lion Building Division, Campbell Street, Lagos Island, southwest Nigeria, have re-arraigned the former account officer of a…

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