Business

32 Illegal Drug Stores Shut In Lagos

PM NEWS Live

13 years ago

Officials of the Lagos State Task Force on Counterfeit, Fake Drugs and Unwholesome Processed Foods have shut 32 illegal drug…

Female banker jailed 9 years for fraud

PM NEWS Live

13 years ago

Justice Adeniyi Onigbanjo of the Lagos High Court sitting in Ikeja has sentenced a former banker, Vera Ogbonna Akanni to…

2 Indians docked for oil theft from pipelines

PM NEWS Live

13 years ago

Nnamdi Felix / Abuja Four persons, including two Indians and their company were on Wednesday arraigned before a federal high…

US tycoon mocks 3-hours- a day French workers

PM NEWS Live

13 years ago

The head of US tyremaker Titan sparked an uproar in France on Wednesday by mocking French workers for putting in…

$50b smuggled out of Russia in 2011

PM NEWS Live

13 years ago

Russia’s central bank said Wednesday that $49 billion had left the country illegally last year in a staggering capital flight…

Britain raises £2.3 billion from 4G mobile auction

PM NEWS Live

13 years ago

Britain’s government has raised £2.3 billion from its 4G mobile auction that will result in five telecoms companies providing the…

2 Nigerian bank staff charged with theft

PM NEWS Live

13 years ago

Nigeria’s Economic and Financial Crimes Commission (EFCC) has arraigned two Afribank (now Mainstreet Bank) staff before Justice Dije Aboki of…

Nigeria’s oil subsidy payments not sustainable

PM NEWS Live

13 years ago

Dr. Bright Okogu , Director-General, Budget Office of the Federation, , said in Abuja on Tuesday that continued payment by…

Nigeria wants world’s help to slow massive oil theft

PM NEWS Live

13 years ago

Nigeria has appealed to foreign governments to help crack down on crude oil theft, the oil minister said Tuesday of…

BMW recalls 750,000 cars worldwide

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13 years ago

German luxury car maker BMW is recalling about 750,000 cars worldwide over potential electrical problems, a spokesman said on Tuesday…

TVC To Launch 24-Hour News Channel

PM NEWS Live

13 years ago

On 28 February, Continental Broadcasting Services, CBS, will launch the first ever pan-African 24-hour news channel, TVC News. The new…

Bandits steal $50m diamonds at Brussels airport

PM NEWS Live

13 years ago

Heavily armed robbers made off with $50 million worth of diamonds in a massive heist at Brussels airport, the global…

Nigeria’s oil exports hit by US output, minister admits

PM NEWS Live

13 years ago

Nigeria’s oil minister, Diezani Alison Madueke said on Tuesday that a boost in US oil and gas production had begun…

Court orders compensation for Capital Oil Boss

PM NEWS Live

13 years ago

Henry Ojelu A Nigerian Federal High Court sitting in Lagos, today ordered the Inspector General of Police, Mohammed Abubakar, Access…

Alaba Suru Traders Protest Threat of Market Closure

PM NEWS Live

13 years ago

Traders of Suru-Alaba Market, located along Lagos-Badagry Express way, recently stormed Alausa, Lagos State’s seat of power to protest against…

Bridge Banks Intervention Yielding Fruits —Enterprise Bank MD

PM NEWS Live

13 years ago

Managing Director Enterprise Bank, Mr Ahmed Kuru, has said Central Bank of Nigeria’s policy of using ‘bridged banks’ to rescue…

MFB Boss Gives Tips On How To Secure Loans

PM NEWS Live

13 years ago

The Managing Director/Chief Executive Officer, Bosak Microfinance Bank, MFB, Mr. Kola Bello, has said that one of the ways small…

Bridgestone reports soaring annual profit

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13 years ago

Tyre maker Bridgestone said Monday its net profit last year soared 67 percent to $1.83 billion as it cemented a…

Ghana cuts fuel subsidy over deficit fears

PM NEWS Live

13 years ago

Fuel prices in Ghana will rise by up to 20 percent after the government announced Sunday that it would cut…

Concerns over rot In Nigeria’s oil sector ahead of confab

PM NEWS Live

13 years ago

Major oil industry executives will gather in Abuja, Nigeria’s capital for an annual conference on 18 February. The conference will…

Nigeria attracts $6b investment in Onne Free Trade Zone

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13 years ago

Nigeria’s Federal Government said on Saturday that investments at the oil and gas free trade zone in Onne, Rivers, had…

Indorama plans Africa’s biggest fertilizer plant in Nigeria

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13 years ago

The management of Indorama Eleme Petrochemicals Limited said on Friday that it had concluded plans for the construction of Africa’s…

Lagos Shuts 15 Firms Over Tax Default

PM NEWS Live

13 years ago

The Lagos State Internal Revenue Service (LIRS) has sealed 15 companies in the last one month for failure to remit…

American Airlines, US Airways merge

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13 years ago

American Airlines parent company AMR Corp and US Airways announced Thursday that their boards have approved a merger agreement to…

Daily Times: Anosike brothers for fraud trial

PM NEWS Live

13 years ago

The Federal High Court in Lagos has fixed March 4 for the arraignment of Fidelis Anosike and his brother, Noel,…

Oil Subsidy Fraud: Court Freezes Suspect’s Assets

PM NEWS Live

13 years ago

Justice Adeniji Onigbanjo of Nigeria’s Lagos High Court, Ikeja today granted the Economic and Financial Crimes Commission, EFCC, an order…

Land Scam: EFCC to Arraign Kano Commissioner

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13 years ago

A Kano State Civil Service Commissioner, Alhaji Aminu Ibrahim Gaya, is to be arraigned by Nigeria’s Economic and Financial Crimes…

Amosun commissions farm equipment

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13 years ago

Abiodun Onafuye/ Abeokuta Senator Ibikunle Amosun, governor of Ogun state,southwest Nigeria, today commissioned some farming implements worth about five hundred…

Profits plunge for Peugeot, Societe Generale

PM NEWS Live

13 years ago

Embattled French auto giant PSA Peugeot Citroen announced Wednesday a massive net loss of five billion euros ($6.7 billion) for…

Nigeria: Another power plant goes on stream

PM NEWS Live

13 years ago

The 565 megawatts Odukpani Power Plant in the Nigerian southern state of Cross River will commence operation before the end…

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