Business Archives - Page 79 of 482

Business

IMF declares support for Tinubu’s exchange rate policy

Ayorinde Oluokun

3 years ago

The Central Bank of Nigeria (CBN) on Wednesday introduced a floating exchange rate system in the foreign exchange market by…

NAFDAC issues statement over Indomie Noodles produced in Nigeria

Michael Adesina

3 years ago

Adeyeye particularly urged MAN to take the bull by the horn with the Food, Beverage, and Tobacco sector and Chemical…

AWS launches first CloudFront Edge location in Nigeria

Michael Adesina

3 years ago

The new edge location provides secure, reliable, high-performing connectivity to the rest of the AWS global network and support for…

More trouble as Naira continues in massive fall at investors, exporters window

Kazeem Ugbodaga

3 years ago

The local currency depreciated by 5.75 per cent when compared with N664.04 for which it exchanged for the dollar on…

Nigeria’s inflation soars to 22.41 percent in May

Kazeem Ugbodaga

3 years ago

According to the NBS, in May 2023, the headline inflation rate increased to 22.41% relative to April 2023 headline inflation…

‘Why price of cooking gas dropped in Nigeria’

Ayorinde Oluokun

3 years ago

Yakubu said that the price of LPG dropped because the international reference price in USD had dropped, amidst relatively stable…

Naira in massive crash to dollar at Investors, Exporters Window

Kazeem Ugbodaga

3 years ago

The local currency dropped by 40.78 per cent when compared with N471.67 it exchanged for the dollar on Tuesday.

BREAKING: CBN floats naira at investors’ forex window

Isa Isawade

3 years ago

“Hence, banks and customers are allowed to trade freely at any rate subject to N1 spread between buy and sell…

Nigeria records N710bn VAT in Q1 2023 – NBS

Ayorinde Oluokun

3 years ago

The report, however, said, on a year-on-year basis, VAT collections in Q1 2023 increased by 20.56 per cent from Q1…

Judge issues criminal summons on Sen. Ifeanyi Ubah, Capital Oil

Ayorinde Oluokun

3 years ago

The Federal Government commenced in 2019 criminal prosecution of Senator Ifeanyi Ubah in an 8-count charge over his indebtedness to…

Immigration restores Seplat Energy CEO Roger Brown’s visa, work permit

PM NEWS Editor

3 years ago

The Company previously announced that the Immigration Documents were withdrawn by the Ministry, following false allegations of racism, unfair prejudice,…

Aviator Game: The Ultimate Guide to Winning Big

Ademola Adegbamigbe

3 years ago

Welcome to our comprehensive guide to the exciting Aviator Game! Get ready to take off and soar to new heights…

We remain the best oil and gas company in Nigeria – Oghenero

Michael Adesina

3 years ago

Honorable Dorume Oghenero, the Chairman and CEO Nero-City Oil and Gas Nigeria Limited has said that his company remains the…

Best Forex trading app in Nigeria

Ademola Adegbamigbe

3 years ago

Nigeria, with its vibrant economy and growing population, has witnessed a significant surge in forex trading activity over the years.…

U.S. Dollar dominance coming to an end: Russian banker Kostin

PM NEWS Editor

3 years ago

Kostin, the CEO of state-controlled VTB, Russia's second largest bank, said the crisis was ushering in sweeping changes to the…

Ghana regains position as Africa’s top gold producer

PM NEWS Editor

3 years ago

During its annual general meeting, the chamber said the country's gold production reached 3.7 million ounces.

Binance operations in Nigeria illegal – SEC

Michael Adesina

3 years ago

The Securities and Exchange Commission (SEC) of Nigeria has declared the activities of Binance in Nigeria illegal.

14 Quick facts about Acting CBN Governor Folashodun Shonubi

Kazeem Ugbodaga

3 years ago

This followed the suspension of the CBN Governor, Godwin Emefiele by the president to pave way for investigation of the…

How NI.7bn was stolen from Globus Bank

Ayorinde Oluokun

3 years ago

The bank said 709 people who were its customers were involved in the fraudulent transfer of the funds to accounts…

Chinese Yuan strengthens against U.S Dollar

Nimot Sulaimon

3 years ago

The central parity rate of the yuan against the dollar is based on a weighted average of prices offered by…

Binance.US suspends USD deposits, warns of fiat withdrawal pause

Michael Adesina

3 years ago

"But day after day for the last week, Binance has been hit with various types of comments and issues from…

Nigerian farmers’ coalition makes demands over subsidy removal

Isa Isawade

3 years ago

“The diversion of the fuel subsidy payments to National Agricultural Development Fund will enhance agricultural productivity, promote technological advancement and…

Subsidy removal: What Nigerians should expect soon – Dayo Adetoye

Isa Isawade

3 years ago

Therefore, he is optimistic that the fuel pump price of N500 per litre "will not stay for too long, especially…

LIRS, FIRS set up Joint Tax Audit/Investigation team

Kazeem Ugbodaga

3 years ago

According to the MoU, the overall objective of the Joint Tax Audit would be to improve tax administration by reducing…

What Leke Adeboye did on his 41st birthday will surprise you (Photos)

Kazeem Ugbodaga

3 years ago

Adeboye, to mark his 41st birthday launched Millionaire Quest, an initiative he set up to fund five businesses that could…

Bank, union meeting on sack of workers ends in deadlock

Kazeem Ugbodaga

3 years ago

The union had on June 6, 2023, picketed the head office of the new generation bank in Victoria Island of…

Still Earth boss charges Tinubu on GDP growth, improved life for Nigerians

Kazeem Ugbodaga

3 years ago

Nigeria’s GDP slowed down by 3.10% to close at N56.76trn as at Q4 2022, according to the National Bureau of…

Lafarge appoints Alade-Akinyemi as new CEO

Kazeem Ugbodaga

3 years ago

The company, in a statement issued by Adewunmi Alode, General Counsel and Company Secretary on the order of the Board…

IPMAN urges adoption of CNG to cushion effects of subsidy removal

Ayorinde Oluokun

3 years ago

By Emmanuella Anokam The Independent Petroleum Manufacturers Association of Nigeria (IPMAN) has advised the Federal Government to invest massively in…

Reps urge Tinubu to probe Nigeria Air project

Ayorinde Oluokun

3 years ago

Rep. Nnolim Nnaji the Chairman of the committee on Aviation said this in Abuja after careful evaluation of the issues…

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