Business

Court upholds 500-mn-euro fine against Berlusconi firm

PM NEWS Live

13 years ago

An Italian appeals court Tuesday upheld a fine of more than 500 million euros that Silvio Berlusconi’s Fininvest company must…

Liberian leader’s son resigns as state oil firm head

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13 years ago

The son of Liberian President Ellen Johnson Sirleaf has resigned as chairman of the state oil company, she said in…

IATA Boss Wants Safety Audit Mandatory For African Airlines

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13 years ago

Simon Ateba and Chioma Okike The International Air Transport Association, IATA, on Tuesday, urged African governments to make operational safety…

Nigeria’s oil thieves still on rampage as shipments fall again

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13 years ago

Nigeria’s Oil exports declined at a slower pace in the second quarter compared with the previous three months, Bloomberg quoting…

Disgraced ex-IMF chief gets a new job

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13 years ago

Disgraced former IMF chief Dominique Strauss-Kahn has gotten a new job in Serbia, as economic adviser. And he seems to…

China opens world’s highest airport in Tibet

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13 years ago

The world’s highest civilian airport has opened at an altitude of 4,411 metres on the Tibetan plateau in the south-western…

MTN Tops Highest Advert Spenders With N5.09bn

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13 years ago

MTN Nigeria has been adjudged as the highest spender on advertisement in the telecommunications sector 2012. According to a report…

Nigeria’s 10th Leading Tobacco Market Globally —BAT

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13 years ago

Nigeria is one of the biggest 10 tobacco markets in the world, says the Managing Director, British American Tobacco, Mr.…

Citi Group appoints Nigerian head sub-Saharan Africa

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13 years ago

US banking giant Citigroup has appointed Ade Ayeyemi to head its Johannesburg-based sub-Saharan Africa division, the company said on Tuesday.…

Ibori’s hidden wealth traced to Oando

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13 years ago

Jailed former Nigerian Delta state governor, James Onanefe Ibori, hid some of his assets in the oil firm Oando and…

South Africa’s firm buys into Nigeria’s Mr Biggs

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13 years ago

South African dining and fast-food giant Famous Brands has secured a deal to buy a 49-percent stake in the restaurant…

US FDA issues import alert against drugmaker Ranbaxy

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13 years ago

Shares in Indian generic drugs giant Ranbaxy Laboratories crashed as much as 35 percent on Monday after the US Food…

Japan bids bye to atomic power, switches off nuclear reactors

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13 years ago

TOKYO(AFP) – Japan began switching off the nation’s last working nuclear reactor Sunday for a routine inspection, with no immediate…

Bodo community rejects Shell’s $50m over oil spills

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13 years ago

Negotiations between Shell and Nigerian residents of Bodo, an Ogoni community affected by two oil spills in 2008 failed to…

Forward Thinking With Geese Farming

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13 years ago

Prince Arinze Onebunne Many developing countries now recognize the importance of livestock in integrated production systems to provide the sustainable…

Delta State to build N3.6 billion floating market

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13 years ago

JETHRO IBILEKE/Asaba Nigeria’s Delta State Government has awarded a Contract for the construction of a concrete floating market at the…

Twitter goes public

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13 years ago

Twitter announced Thursday, in a tweet, that it has submitted papers for the most hotly anticipated stock offering in the…

Oil Spill: Shell offers to pay Nigerian community $50m

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13 years ago

The Shell Petroleum Development Company has offered to pay N7.5 billion, about $50m to the indigenes of Bodo community, Gokana…

Oil Subsidy Scam: Police Absence Stalls Trial

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13 years ago

A Federal High Court sitting in Lagos, western Nigeria Thursday morning adjourned till 18 September for the proper arraignment of…

Senegal to buy electricity from Mauritania

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13 years ago

Mauritania is to begin providing energy-starved Senegal with electricity within two years, both sides announced Thursday after a summit between…

$11m fraud: Nigerian jailed in The United States

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13 years ago

Ayo Oluokun/Abuja A Nigerian, Emmanuel Ehkator who was investigated by the Economic and Financial Crimes Commission, EFCC for criminal conspiracy…

New Security Gadgets Installed At Airports

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13 years ago

The Federal Airports Authority of Nigeria, FAAN, said on Tuesday it has installed modern security equipment at the nation’s airports…

Court Grants Ajudua Bail

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13 years ago

Alleged serial fraudster, Fred Ajudua, has been granted bail by a Lagos High Court sitting in Ikeja. Vacation judge, Justice…

Shareholders Fight Okocha, Wife Over Sports Company

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13 years ago

A Federal High Court sitting in Lagos has fixed 18 September to decide either to relist or not Jay-Jay Okocha…

Heritage Bank To Return Trapped Deposits In SGBN

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13 years ago

Kazeem Ugbodaga Heritage Bank Plc says it will refund 100 percent of customers’ deposits trapped in the defunct Societie Generale…

Amosun Launches Modern Taxi Scheme

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13 years ago

Abiodun Onafuye/Abeokuta Governor Ibikunle Amosun of Ogun State, southwestern, Nigeria has reiterated his administration’s commitment to construction of roads and…

Leader Of Airport Luggage Thieves Arrested

PM NEWS Live

13 years ago

The Federal Airports Authority of Nigeria, FAAN, said on Sunday it has unravelled thieves behind the disappearance of passengers’ luggage…

FAAN Unravels Luggage Rats At Lagos Airport

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13 years ago

Simon Ateba/Aviation correspondent The Federal Airports Authority of Nigeria FAAN, said on Sunday it has unravelled port rats behind the…

Shell to negotiate with Nigerian community over oil spills

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13 years ago

Shell is to begin compensation talks with thousands of Nigerian villagers who say their livelihoods were ruined by two massive…

Lagos Bus Drivers Use Cocaine —Fashola Raises Alarm

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13 years ago

Governor Babatunde Fashola of Lagos State, southwest Nigeria, has raised alarm that commuter bus drivers in the state now take…

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