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Business

One robber killed in attack on forex dealer

Jeff Ezemadu/Badagry Four Nigerian robbers have attacked a currency dealer from the Republic of Benin. And one of them was…

Iran condemns bankers to death over fraud

While Nigeria sentenced a high profile bank official for six months over massive fraud, an Iranian court in Tehran court…

34 Indian Biz Men Arrive Nigeria For Chemical Conference

At least 34 Indian Businessmen have arrived Nigeria to foster greater synergy with their Nigerian counterparts in the chemicals, pharmaceuticals…

NCC Halts Lagos Levies On Telecom Masts

The Lagos State Government has been stopped by the Nigerian Communications Commission, NCC, from imposing annual levy on all existing…

Nigeria’s petrol marketers suspend strike

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMA) has called off its planned three days strike over non-payment…

An Apology from pmnewsnigeria.com

Our site has been down and out since Thursday afternoon. This followed the heavy traffic by loggers and users of…

TECNO Gives Olympic Souvenirs To Nigerians

As the thrills and freels of the 2012 Olympic Games begin today in the city of London and other parts…

CBN stops capital outflow by Nigerian banks

The Central Bank of Nigeria (CBN) says it will no longer permit any further outflow of capital from Nigerian banks…

EFCC docks bizman over dud cheques

The Economic and Financial Crimes Commission, EFCC, has arraigned the Chief Executive Officer of Tafag Nigeria Limited, Engr Thompson O…

Jonathan appoints new CEO for Nigeria Ports

President Goodluck Jonathan has approved the appointment of Mr. Habibu Abdullahi as the new Managing Director of the Nigerian Ports…

Jonathan Awards Tompolo Contract For 20 Patrol Boats

Former militant leader in the Niger-Delta, Chief Government Ekpemupkolo, also known as Tompolo, has been awarded a multi-million dollar contract…

BASF, German firm returns to Nigeria

Governor Babatunde Fashola of Lagos State has described Nigeria as a foremost global investment destination as the German manufacturing conglomerate,…

Solar powered plane returns to base

The Swiss sun-powered aircraft Solar Impulse landed back home in Switzerland late Tuesday after completing the final leg of its…

Nigerian panel indicts 21 firms in N382b subsidy scams

The Aig- Aigboke Imokhuede led Presidential Committee on Verification and Reconciliation of Fuel Subsidy payment on Tuesday submitted its final…

Fresh threat to Nigeria’s fuel supply worries

Twenty four hours after the Jetty and Tank Farm Owners Association of Nigeria (JEPTON) embarked on an indefinite strike over…

N3b subsidy scam: EFCC set to charge 18 suspects

Ayorinde Oluokun/ Abuja The Economic and Financial Crimes Commission, EFCC said it has concluded arrangements to prosecute the first batch…

UBA Launches 2nd Read Africa Project

The United Bank for Africa Plc, UBA yesterday launched the second edition of its Read Africa Project aimed at championing…

Piracy: Nigeria Leads In Gulf Of Guinea

Pirate attacks dropped to the lowest, since 2008, this year as the presence of naval forces helped deter Somalis from…

Reps Pledge Support For Indigenous Operators

Indigenous operators in the nation’s fledging oil and gas sector have been assured of supportive legislature that would guarantee sustenance…

NPA Ex-Staff Reject Benefit Offer

Nigerian Ports Authority (NPA) workers who were retrenched in 1991 have turned down N195.78 million benefits from the management. They…

Senate Threatens Telecoms Operators Over Poor Network Service

Following the poor telecommunications services currently being experienced in most parts of the country, the Nigerian Senate has warned all…

Etisalat Offers 6 months Free Internet Subscription

Etisalat has announced the launch of the new easyblaze promo which rewards new customers who purchase a USB and Mi-fi…

Fratelli Rossetti Brands Storm Nigerian Market

An italian foremost fashion firm, Fratelli Rossetti, plans to establish new brands in the Nigerian and Ghana market through Jetcomm…

Airtel Empowers Outstanding Distributors

It was a “gathering of champions” as Airtel brought together the best performers in all its area of operation in…

Cowbell Olympic Medal Rush Promo Produces Winners

Winners have begun to emerge in the ongoing Cowbell Olympic Medal Rush promo that was recently launched by Promasidor Nigeria…

President Jonathan Vows to End Crude Oil Theft

President Goodluck Jonathan on Monday said his administration is determined to put an end to stealing of crude oil he…

Nigeria nets N2.43t in taxes

The Federal Inland Revenue Service (FIRS) on Monday recorded N2.43 trillion revenue through taxes in the first half of 2012.…

Stocks close higher in Lagos

Transactions on the Nigerian Stock Exchange (NSE) on Monday opened the week on a positive note as some highly capitalised…

We Will Resume Flight Operations Soon —Air Nigeria

Suspended Air Nigeria has disclosed that it will resume local and regional flights soon. The airline, owned by businessman, Barrister…

70% Co-operatives Render Irregular Account —LASG

The Lagos State Government has lamented that over 70 percent of cooperative societies operating in the state give irregular financial…
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