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Business

Trial Of Bank PHB’s Managing Director To Start Afresh

PM NEWS Live

16 years ago

There is no reprieve yet for the former managing director/chief executive officer of Platinum Habib Bank (Bank PHB Plc), Mr.…

FCMB Gets Shareholders’ Nod For IFC’s $170m Investment

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16 years ago

Plans by the International Finance Corporation to invest $170 million in FCMB Plc has been approved by the shareholders of…

ZAIN: When Will The Name Change Stop?

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16 years ago

The company started as Econet Wireless Nigeria in 2001 then changed to Vodacom Nigeria in 2004.  The same year it…

Labour, MAN, Hail Release Of N30b Grant

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16 years ago

The national body of textile workers union and the Manufacturers Association of Nigeria (MAN) have commended the Federal Government for…

Petroleum Minister Alison-Madueke Says PIB Will Change Oil Industry

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16 years ago

Nigeria oil and gas industry was the focus of global attention last night on the special CNN Business Half Hour-…

Current Banking Reforms Inevitable –Sanusi

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16 years ago

The Central Bank of Nigeria (CBN) Governor, Malam Sanusi Lamido Sanusi, said in Benin that the current banking reforms were…

Customer Slams N15 Billion Suit On Afribank

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16 years ago

A businessman, Mr. Cletus Ibeto and his company, IBG Investment Company Limited, have slammed N15 billion suit on Afribank Nigeria…

Receiver Manager Takes Over Frezone Plant Fabrication Company

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16 years ago

A Federal High Court sitting in Lagos, while granting leave to a Lagos-based lawyer, Barrister Akin Adesomoju, appointed by Intercontinental…

NAFDAC Shuts ‘Pure Water’ Factory

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16 years ago

In a move to improve on previous efforts aimed at ensuring proper hygiene in the production of packaged drinking water…

Consumers Decry Inadequate Information On Sim Card Registration

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16 years ago

Consumers have decried the inadequate information on the ongoing Sim card registration across the country. Some consumers who spoke with…

Uba, Capital Oil Boss Faces Trial Over N4b Dud Cheque

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16 years ago

A four count criminal charge of obtaining by false pretence and issuing of dud cheque has been filed against a…

Glo 1 To Offer Most Guaranteed Customer Solutions

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16 years ago

Globacom says its new Glo 1 submarine cable will offer customers the most guaranteed solutions to their business needs. The…

Sharp Practices Abound In Auto Insurance Firms – Odiboh

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16 years ago

Managing Consultant, Newsletters Limited, Dr. Oscar Odiboh, a player in the auto industry, has called on relevant government agencies to…

Marine Coy Dragged To Court Over Unpaid Loan

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16 years ago

A limited liability company, Marine Deepwater Limited, has run into troubled waters as Guaranty Trust Bank through its solicitor Mr.…

Nigeria’s Bank PHB Posts Big Loss, First Bank Profit Jumps

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16 years ago

LAGOS: Nigeria’s Bank PHB has reported a full year 2009 pre-tax loss of 488 billion naira ($3.25 billion) compared to…

Lagos Cooperative Societies Hit N500b Capital Base

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16 years ago

The capital base of cooperative societies in Lagos State has hit N500 billion, said the Commissioner for Agriculture and Cooperatives,…

China To Build $8b Refinery In Nigeria

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16 years ago

It will be the first of three refineries under a deal signed in May between Nigeria’s state oil company, NNPC,…

NIMASA DG Assures Of Quality Service

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16 years ago

The Director-General and Chief Executive Officer of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has assured stakeholders…

Glo Wins Licence In Gambia, 6th In Africa

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16 years ago

Africa’s telecommunication giant, Globacom, has received yet another boost in pursuit of its vision to be the biggest and best…

Aero Begins Web Mobile Ticketing

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16 years ago

Aero Contractors airline this morning at the Murtala Muhammed Airport, Lagos, Nigeria, introduced the first web and sms ticketing service…

ICAN Conference To Buoy Up Nigeria’s Economy

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16 years ago

The 2010 Eastern Districts Conference of the Institute of Chartered Accountants of Nigeria, ICAN, will be focusing on the banking…

Blame PENCOM For Workers’ Woes—IBTC

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16 years ago

Stanbic IBTC Pension Managers, a Pension Fund Administrator (PFA), has blamed the National Pensions Commission (PENCOM) for the non-remittance of…

Glo 1 Set To Launch

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16 years ago

The much anticipated Glo 1 submarine optic fibre cable single-handedly built by Africa’s telecoms giant, Globacom, is now ready for…

Court Order May Ground Hitv

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16 years ago

Come 15 July this year, the operations and activities of Hitv may be grounded as Musical Copy Right Society of…

Bank Dragged To Court Over Excessive Charges

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16 years ago

A Lagos businessman, Mr. Peter Awurumibe and his company, Pabe Oil and Gas Limited, have slammed a N481,455,817.70 suit on…

Dangote Sugar Nets N13.186b Profit, Offers N1.00 Dividend

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16 years ago

The board of Dangote Sugar Refinery Plc, last week, presented its audited result for the year ended December 31, 2009,…

Dangote Sugar Nets N13.186b Profit, Offers N1.00 Dividend

PM NEWS Live

16 years ago

The board of Dangote Sugar Refinery Plc, last week, presented its audited result for the year ended December 31, 2009,…

We’ve Reduced Bad Loans By N21b —Wema Bank

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16 years ago

Wema Bank says it has reduced its bad loans by N21 billion. Tunde Olofintila, the bank’s Head, Corporate Communications, made…

Glo To Give Out 30 Cars, 90 Okadas In 30 Days

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16 years ago

Nigeria’s  national carrier, Globacom has rolled out a new subscriber-reward scheme aimed at doling out prizes worth over N70 million…

Port Operator Highlights Obstacles To Port Operations

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16 years ago

A maritime operator and public commentator, Prince (Dr.) Olusegun Ologbese, has identified obstacles to effective port operations in the country.…
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