BREAKING: Tinubu begins historic State visit to United Kingdom Tuesday

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Petroleum Resources (Oil) Minister Heineken Lokpobiri, gives update on rehabilitation of Port Harcourt, Warri and Kaduna refineries

P/Harcourt refinery to be back on stream December, Warri Q1 2024 – Lokpobiri

Ayorinde Oluokun

3 years ago

Lokpobiri said considering the level of progress recorded in the Port Harcourt Refinery rehabilitation project, the plant would come back…
SEC says the amount of unclaimed dividends in the Nigeria's capital market currently stands at N190 billion

SEC: Unclaimed dividends in capital market now N190bn

Ayorinde Oluokun

3 years ago

By Ginika Okoye The Securities and Exchange Commission (SEC) has blamed the continuous increase in the amount of unclaimed dividends…

Nigeria’s GDP growth slows to 2.51%

Nimot Sulaimon

3 years ago

Nigeria’s gross domestic product dropped to 2.51% (year over year) in the second quarter of 2023. This is a slower…
Oluwaseun Olaegbe

Oluwaseun Olaegbe: Africa young Tech business champion

Taiwo Okanlawon

3 years ago

Oluwaseun Olaegbe is a Nigerian tech entrepreneur. He is the founder of Skilzar Digital, a company that provides enterprises with…
Terrorists move into homes of displaced residents in Niger, plant crops on their farms

Federal Govt distributes maize seeds to farmers in Oyo

Isa Isawade

3 years ago

The FMARD Coordinator in the state, Dr Kakulu Omonele, disclosed in Ibadan on Wednesday that the distribution was part of…
NSIA

NSIA commits $500m to boost infrastructure development in Nigeria

Kazeem Ugbodaga

3 years ago

He explained that the NSIA belongs to the three tiers of government consisting the federal government, state government, local government,…
Stanbic-IBTC

Stanbic IBTC Holdings renames fintech subsidiary

PM NEWS Editor

3 years ago

Stanbic IBTC Holdings Plc has announced a change of name for its wholly owned financial technology subsidiary, IBTC Financial Services…
CBN to adopt proactive measures to halt Naira's free fall within days

ICYMI: BDCs now to render mandatory daily reports to CBN or lose licences

PM NEWS Editor

3 years ago

The circular signed by Dr. O.S. Nnaji, director trade and exchange department also capped foreign currency transactions carried out by…
Chartered Institute of Bankers of Nigeria (CIBN) says efforts of CBN to ensure that attain its true value are already yielding dividend.

CIBN declares support for efforts by Tinubu, CBN to save the naira

Ayorinde Oluokun

3 years ago

CIBN also commended President Bola Tinubu for the ongoing efforts to unify the Naira exchange rate to save the country…
Tinubu says his government will utilise gas to boost economy

How we will utilise gas resources to catalyse growth of Nigeria’s economy – Tinubu

Kazeem Ugbodaga

3 years ago

Tinubu affirmed the position of natural gas as Nigeria’s gateway to sustainable development and prosperity, pledging to build a partnership…
UNN

FG inaugurates solar-powered electric vehicle charging station in UNN

Isa Isawade

3 years ago

“This informs the reason why NADDC, an agency in the Federal Ministry of Industry, Trade and Investment is sponsored by…
Court adjourns to hear applications by different factions of Shareholders of First bank Holdings over the controlling shares of the bank

First Bank: Court adjourns suit as shareholders’ battle gets messier

Ayorinde Oluokun

3 years ago

Justice Oweibo had on August 14 warned FBN Holdings' Group Managing Director, Nnamdi Okonkwo, not to disobey the order restraining…
NNPCL secures $3bn emergency crude repayment loan from Afreximbank

NNPCL secures $3bn emergency crude oil repayment loan from Afreximbank

Kazeem Ugbodaga

3 years ago

The deal will cushion the effect of fuel price jump and scarcity of forex, associated with the free float of…
Tinubu assents to Electricity Act (Amendment) Bill

Tinubu disappoints bondholders by avoiding new fuel price hike

PM NEWS Editor

3 years ago

The scrapping of the fuel subsidy saw petrol prices more than triple and pushed already double-digit inflation to an 18-year…
An image of cars on display just for illustration

Auction village for vehicles to open soon

Isa Isawade

3 years ago

"We want them to see the ingenuity of exploring such kind of opportunity by giving us all necessary cooperation and…

Diversify into agriculture to stem rising inflation, Nzekwe tells FG

Isa Isawade

3 years ago

“If the federal government can get agriculture right, this will automatically bring down the nation’s inflation rate because it affects…
Majestic Rig capsizes

One person dies, three missing as Seplat’s oil rig capsizes

PM NEWS Editor

3 years ago

In a statement by CEO Roger Brown, Seplat said the rig was in-transit to its planned drilling location at Ovhor…
Vice President Kashim Shettima,commend Google over the offer of N1.2bn grant to support President Tinubu govt's one million jobs initiative.

VP Shettima excited by Google’s N1.2b grant initiative

Ayorinde Oluokun

3 years ago

Vice President Kashim Shettima and the executives of Google at the meeting in his office on Tuesday
NNPCL resumes operation at Forcados Terminal, oil production to rise by 350,000bpd

NNPCL resumes operation at Forcados Terminal, oil production to rise by 350,000bpd

Kazeem Ugbodaga

3 years ago

With this, NNPCL is getting close to the August target of 1.8 million barrel per day oil projection target.
Inflation

Nigeria’s inflation skyrockets to 24.08% in July

Kazeem Ugbodaga

3 years ago

The NBS, in its report on Tuesday said in July 2023, the headline inflation rate rose to 24.08 per cent…
DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

DMO records N312bn subscription in August bond auction

Nimot Sulaimon

3 years ago

By Kadiri Abdulrahman The Debt Management Office (DMO) says it received a total subscription of N312.56 billion in its August,…
CBN to adopt proactive measures to halt Naira's free fall within days

CBN to adopt proactive measures to halt Naira’s free fall within days

Kazeem Ugbodaga

3 years ago

Acting CBN Governor, Folashodun Shonubi, said in Abuja that President Bola Tinubu is very concerned about some of the goings…
The continuous evolution of technology has unleashed a world of possibilities, enhancing user experiences and redefining convenience.Mobile App

Innovation in Mobile Apps: What Are The New Possibilities Behind Your Mobile

Ademola Adegbamigbe

3 years ago

Mobile apps have become an indispensable part of our lives in today's fast-paced digital era. From social networking to finance,…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

FCMB offers N10m clean energy loan to households, small businesses

Ademola Adegbamigbe

3 years ago

Nigerian households and small businesses looking to acquire solar panels, batteries, inverters, and other green energy equipment now have access…
Airlines

NCAA urges airline operators to comply on insurance

Nimot Sulaimon

3 years ago

By Gabriel Agbeja The Nigeria Civil Aviation Authority (NCAA) has urged airlines and other service providers to comply with the…

1TimeShop revolutionises online shopping with All-in-One App

Nimot Sulaimon

3 years ago

In a groundbreaking development for the world of online shopping, the 1TimeShop app has taken the industry by storm with its cutting-edge…
Avalon Daily Hosts Policy Dialogue on Job Creation and Poverty Reduction

Avalon Daily hosts policy dialogue on job creation, poverty reduction

Oluwapelumi Oluwayemi

3 years ago

Chinenye Mba Uzoukwu, Managing Partner at Grand Central, shed light on the transformative potential of technology and innovation in job…
FTG, Feather Invest roll out solutions to ease liquidity issues in market

FTG, Feather Invest roll out solutions to ease liquidity issues in market

Kazeem Ugbodaga

3 years ago

Two foremost financial institutions, Financial Trust Group, FTG, and its partner Feather Invest, are the brains behind the long-awaited offerings…
Proshare Nigeria, a specialised financial information services firm explains how Nigeria can attain one trillion dollar GDP target by 2030.

Nigeria’s economy shrinks by 1.2% in 2023’s first quarter

Kazeem Ugbodaga

3 years ago

OPEC said this was against a growth of 3.6 per cent in fourth quarter of 2022, an indicator of 2023…
Tinubu vows to stimulate growth of nation's economy

What Tinubu told APC Board of Trustees’ Professional Forum on nation’s economy

Kazeem Ugbodaga

3 years ago

Tinubu said, “This economy must recover for the good and greatest number of Nigerians, and we are seriously committed to…
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