Business

World’s oldest bank Monte dei Paschi reports Q3 loss

PM NEWS Live

13 years ago

MILAN (AFP) – Italy’s Banca Monte dei Paschi di Siena on Wednesday reported a loss of 47.4 million euros ($60.3…

Samsung: No deal with Apple

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13 years ago

A top Samsung executive said Wednesday that the South Korean electronics giant has no plans to follow Taiwanese firm HTC…

Another Nigerian oil marketer faces the music

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13 years ago

Henry Ojelu/Judiciary correspondent The Economic and Financial Crimes Commission (EFCC) today arraigned an oil marketer, Rowaye Jubril before Justice Lateefat…

Dangote plans $2b fertilizer plant in Edo state

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13 years ago

The Dangote Group and Nigeria’s Edo State government have concluded plans to set up one of Africa’s largest fertilizer plants…

FAAN guard arrested with $1.4m charged

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13 years ago

Mr. Akinyele Adetula, the security guard working for the Federal Airport Authority of Nigeria, and on whom $1.4 million was…

Nigerian banks stop N100 charge at ATM

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13 years ago

.Long time credit facility for mortgage also coming Nigeria’s Banker’s Committee on Tuesday in Abuja unanimously agreed to stop interbank…

No words from kidnappers of Nigerian businessman

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13 years ago

Abiodun Onafuye/ Abeokuta Contrary to rumour making around and posting on the social network, Facebook that the kidnappers of the…

Nigeria docks 11 suspects in oil theft

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13 years ago

Nigeria’s Economic and Financial Crimes Commission, EFCC, has charged 11 persons on suspicions of illegal dealing in petroleum products at…

Nigeria faces crisis as oil output slumps

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13 years ago

Nigeria’s mono-cultural economy faces gloomy days ahead as flooding and large-scale theft of crude drove Nigerian oil output to the…

Subscribers Back Govt’s Plan To Stop Telecoms Sales Promo

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13 years ago

The National Association of Telecommunications Subscribers (NATCOMS) on Monday lauded plans by the Federal Government to stop sales promotions on…

Intervention Fund: Sterling Bank To Help MFBs Access N220b

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13 years ago

Sterling Bank Plc has expressed its readiness to assist Microfinance Banks (MfBs) to access N220 billion Micro, Small and Medium…

Nestlé Donates To Flood Victims

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13 years ago

Nestlé, a leading Nutrition, Health and Wellness Company, has donated relief materials to Nigerian Red Cross Society for distribution to…

StarTimes Unveils Xmas Package For Customers

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13 years ago

One of the fastest growing pay-tv companies in Nigeria, NTA-StarTV Network popularly called StarTimes is offering its subscribers and prospective…

APCON To Sanction Advert Offenders

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13 years ago

Practitioners in the nation’s marketing communication industry that fail to adhere to the rules guiding advertising practice in the country,…

Nigeria remains Africa’s fastest growing mobile market

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13 years ago

Nigeria remains Africa’s biggest mobile market Nigeria, with 100 million subscriptions, according to a London based research group. London-based Informa…

Shell Shuts Pipeline Over Oil Theft

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13 years ago

Oil giant Shell said Sunday it had shut down a pipeline in southern Nigeria due to damage from oil thieves,…

Uncertain Respite For Airlines

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13 years ago

Doubts trail President Goodluck Jonathan’s budget proposal to waive duty on importation of aircraft parts The recent announcement by the…

Yanking Off CBN’s Freedom

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13 years ago

The House of Representatives appears set to pass the proposed Amendment Bill on the 2007 Central Bank of Nigeria Act…

Unending Fuel Woes

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13 years ago

Nigerians appear to be ending the year the grim way they started it, with nationwide fuel woes. Many see it…

Fleecing Customers

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13 years ago

The Central Bank of Nigeria moves to rein in banks which have been fleecing their customers through spurious charges The…

Why We Produce Cassava Bread

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13 years ago

Foluso Olaniyan, Managing Director/Chief Executive, UTC Nigeria, leading baker and processor of meat products, explains why the company embraced the…

Showcasing Lagos State’s Agricultural Potentials

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13 years ago

Lagos State flaunts its agricultural wealth Last month, the world celebrated the World Food Day to mark the anniversary…

Oil subsidy scam: More Suspects for trial

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13 years ago

Nigeria’s Economic and Financial Crimes Commission, EFCC, has concluded arrangement to arraign seven more suspects in the on going trial…

Wema Bank seeks national licence

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13 years ago

Wema Bank Nigeria Plc, the only regional player in Nigeria’s banking sector, has concluded plans to re-apply for national banking…

NBC appoints Kenyan as CEO

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13 years ago

Simon Ateba The Nigerian Bottling Company, NBC, has appointed Mr. Ben Langat, a Kenyan with a Bachelor of Commerce Degree…

UK economist backs Nigeria’s oil industry bill

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13 years ago

Nigeria should pass a long stalled bill aiming to overhaul its oil industry, renowned economist Paul Collier said Friday, citing…

24 Fuel-Laden Ships To Berth At Lagos Ports

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13 years ago

The Nigerian Ports Authority (NPA) on Thursday said that 24 fuel-laden ships were waiting to berth at various oil terminals…

Dubai, China now favorite destination of forex from Nigeria

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13 years ago

Dubai in the United Arab Emirates is now the favorite destination of Nigerians, smuggling out forex, either stolen or hard…

Nigeria’s bond market hits N7.2 trillion

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13 years ago

Clement Oriloye The value of bond investment at the nation’s capital market has been put at over N7.2tn.This disclosure was…

Edo Budgets N150 Billion For 2013

PM NEWS Live

13 years ago

Governor Adams Oshiomhole of Edo State Monday presented a budget proposal of N150 billion for its service in 2013 fiscal…

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