Business

Shell Bemoans ‘Unprecedented’ Oil Theft In Nigeria

PM NEWS Live

13 years ago

Oil giant Shell on Monday raised alarm over “unprecedented” oil theft in Nigeria, particularly in relation to the sabotage of…

Ogun Customs command boosts revenue

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13 years ago

Abiodun Onafuye/Abeokuta Despite all odds and constant campaign against smugglers, the Ogun state Custom boss, Prince F.Ade Dosunmu has declared…

Fashola insists on clean up of Ladipo auto parts market

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13 years ago

Lagos State Governor, Mr. Babatunde Fashola, Sunday undertook an inspection of Nigeria’s biggest Auto Spare parts Market, in Ladipo, Mushin…

Nigerian Maritime Workers Union election mired in controversy

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13 years ago

Simon Ateba/Lagos Even before the first vote is cast, the election of those who will run the affairs of the…

Quail Farming For Quick Cash

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13 years ago

By Arinze Onebunne For the chief Executive officer, Jovana Farms, Prince Arinze Onebunne, raising Quail, grasscutter, rabbit, Snail, guinea pig…

Nigerian Breweries Loses N170m To Fraudster

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13 years ago

A bank customer in Lagos, southwest Nigeria, Aliu Olaribigbe Ayinde, 48, has been charged to court for allegedly withdrawing the…

Korean firm buys Nigeria’s power plant

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13 years ago

The National Council on Privatisation (NCP) on Thursday approved the sale of 70 per cent of Egbin power plant in…

Ex-Minister Slams N90b Suit On NIMASA, DG

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13 years ago

The former Interior Minister, Captain Emmanuel Iheanacho, has slammed a N90 billion suit on Nigeria Maritime Administration and Safety Agency,…

Jonathan Finally Signs Nigeria’s 2013 Budget

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13 years ago

TOKUNBO OLAJIDE Nigeria’s President Goodluck Jonathan, Tuesday, finally signed the 2013 Appropriation Bill into law, ending weeks of stand-off between…

Pirates free 6 foreigners kidnapped off Nigeria

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13 years ago

Six foreigners kidnapped on February 17 by armed pirates from an oil service ship off Nigeria have been released unhurt…

Erastus Akingbola Charged Again

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13 years ago

The Economic and Financial Crimes Commission, EFCC, Tuesday re-arraigned the former Managing Director of Intercontinental Bank Plc, Erastus Akingbola, over…

Angola targets 2mbd, to tie Nigeria’s output

PM NEWS Live

13 years ago

Angola’s national oil company Sonangol said Monday it is targeting a 16 percent rise in oil production to hit 2…

Alitalia at edge of bankruptcy, CEO resigns

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13 years ago

Italian airline Alitalia’s chief executive Andrea Ragnetti resigned on Monday after the troubled group announced a net loss of 280…

Akingbola re-arrested, to be charged afresh

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13 years ago

Ayorinde Oluokun/Abuja The Economic and Financial Crimes Commission, EFCC said on Monday it has re-arrested Erastus Akingbola, the former managing…

Docked Babalakin denied comfort chair as trial stalled

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13 years ago

Henry Ojelu/Judiciary Correspondent A Nigerian High Court sitting in Ikeja, has adjourned proceedings till 27 March in the ongoing trial…

Mobile phone subscriptions to hit 4 billion mark

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13 years ago

The $1.0-trillion (750-million-euro) global mobile industry predicted Monday a boom in subscribers to four billion people by 2018 as the…

Nigeria shuts used auto spare parts market

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13 years ago

The Lagos State Government today shut the popular auto spare parts market, Ladipo Market in Mushin area of Lagos, southwest…

Computer Village: Traders Worry Over Relocation

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13 years ago

Computer Village, located in Ikeja, Lagos is arguably the biggest computer and allied products market in the West African sub…

Nigerian Breweries To Reward Distributors

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13 years ago

After a fulfilling and rewarding business relationship in 2012, frontline brewing giant, Nigerian Breweries Plc is set to reward its…

Mikano Veers Into Steel Fabrication

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13 years ago

As Nigeria makes gains with electricity supply reforms, Mikano, which daily turns out truckloads of high-capacity power generating sets, has…

India scraps Sovereign Wealth Fund

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13 years ago

India has dumped the Sovereign Wealth Fund proposal, describing the whole idea as stupid. News reports said the Prime Minister’s…

India tech tycoon donates $2.3 bn to charity

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13 years ago

Indian software tycoon Azim Premji said Saturday he has given $2.3 billion to an education charity that he controls, reportedly…

Brazil seeks bigger role in Nigeria’s energy sector

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13 years ago

Brazil’s President Dilma Rousseff said Saturday that her government will seek to boost energy ties with Nigeria, Africa’s top oil…

Brazil’s leader arrives Nigeria

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13 years ago

Brazil’s President Dilma Rousseff met with Nigeria’s leader Goodluck Jonathan in Abuja on Saturday for talks that were expected to…

N500m Suit: We Don’t Owe Paul Play A Dime — Ultima

PM NEWS Live

13 years ago

Ultima Limited, producer of popular music talent hunt show, Project Fame, has denied the infringement claims levelled against the outfit…

Guinness Wins Sports Brand Award

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13 years ago

Guinness, official sponsor of Nigeria’s Super Eagles, has emerged inaugural winner of the Sports Brand of the Month Award. The…

Google launches high-end laptop to upset Apple

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13 years ago

Google on Thursday unveiled a touch-screen notebook computer designed for high-end users, throwing down a gauntlet for Apple and its…

Jonathan, Clinton, Fashola launch Eko Atlantic city site

PM NEWS Live

13 years ago

President Goodluck Jonathan on Thursday said that the Atlantic City Initiative in Lagos was another major addition to the nation’s…

Five Suspects Rearraigned Over Fuel Subsidy Fraud

PM NEWS Live

13 years ago

Five suspected fuel subsidy fraudsters were today re-arraigned before Justice Adeniyi Onigbanjo of the Ikeja High Court for defrauding the…

Singer Paul Play Slams N500m Suit On MTN

PM NEWS Live

13 years ago

In what may very well be the first major copyright infringement lawsuit in modern time in Nigeria, pop singer Paul…

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