Business

Consortia pay $9 bn for Brazil airport rights

PM NEWS Live

12 years ago

SAO PAULO (AFP) – Airport operators from Singapore, Germany, Switzerland partnering with Brazilian firms on Friday won rights to run…

3 weeks after, electricity supply deteriorates

PM NEWS Live

12 years ago

Businesses and homes have continued to groan under a deteriorating power supply across many parts of the nation as a…

Nigeria: Money market worried over declining external reserve

PM NEWS Live

12 years ago

Nigeria’s declining external reserves topped major issues in the money market this week. The external reserves have continuously declined in…

Guinness, Mobil gain at NSE, Total loses

PM NEWS Live

12 years ago

Investors on the Nigerian Stock Exchange (NSE) on Friday staked N7.92 billion on 1.16 billion shares in 6,534 deals. This…

Jonathan: Nigeria to implement bold economic reforms

PM NEWS Live

12 years ago

A revitalised President Goodluck Jonathan addressed the ongoing meeting of Nigeria’s Honourary International Investors’ Council Friday in London having made…

Amosun leads team to Indonesia

PM NEWS Live

12 years ago

Abiodun Onafuye/ Abeokuta Governor Ibikunle Amosun of Ogun State, western Nigeria, is now in Indonesia with some members of his…

Jonathan Recovers, Attends Investors’ Meeting

PM NEWS Live

12 years ago

Ayorinde Oluokun President Jonathan who took ill yesterday and was admitted at a London hospital for treatment has fully recovered.…

Transmission Hiccups

PM NEWS Live

12 years ago

New owners of power distribution and generation companies face an arduous task on the way to stable electricity supply The…

War Over Contract

PM NEWS Live

12 years ago

Nigerian National Petroleum Corporation and its subsidiary, Pipelines and Products Marketing Company, are in the middle of a contract scandal…

Dangote’s Outstretched Hand

PM NEWS Live

12 years ago

Aliko Dangote’s investment in Ekiti State’s solid minerals, agriculture and education cements his place as Africa’s biggest investor Aliko Dangote,…

Nigerian Reps probe NNPC crude oil sale, remittances

PM NEWS Live

12 years ago

The House of Representatives on Thursday mandated its Ad hoc Committee to investigate the volume and sales of crude oil…

Sterling Bank’s gross profit grows 26 per cent

PM NEWS Live

12 years ago

Nigeria’s Sterling Bank plc has announced its third quarter result for 2013, that showed pre-tax profit rising by 26.1 per…

Unemployment: Animal Farming To The Rescue

PM NEWS Live

12 years ago

Observers of Nigeria’s development trend will agree that the country is certainly sitting on a keg of gun powder which,…

Obaleye, businesswoman abducted in front of factory

PM NEWS Live

12 years ago

A renowned businesswoman, Mrs Olayinka Obaleye, the Managing Director of Yinka Oba Foam in Ilo, State of Osun, in western…

Nigeria borrows $100m from Indian Export Bank

PM NEWS Live

12 years ago

The Federal Executive Council (FEC) on Wednesday approved $100 million loan from the Indian Import- Export Bank for Cross Rivers,…

Airline Operators Sue NCAA Over Fees

PM NEWS Live

12 years ago

Non-scheduled airline operators in Nigeria are going to court to restrain the Nigerian Civil Aviation Authority, NCAA, from enforcing the…

Two Men Jailed For Defrauding GTBank

PM NEWS Live

12 years ago

A Lagos High Court sitting in Ikeja today sentenced two men Adekunle Adetowubo and Olugbenga Adetayo to nine years imprisonment…

Jonathan misses 2014 budget date again, leaves for UK

PM NEWS Live

12 years ago

For the second time this month, President Goodluck Jonathan has failed to present the 2014 budget to the National Assembly…

Nokia Shareholders Approve Mobile Phone Sale To Microsoft

PM NEWS Live

12 years ago

Finnish telecom company Nokia announced Tuesday that its shareholders had approved the 5.44 billion euro ($7.35 billion) sale of its…

Smartphone Race: Who Wins It?

PM NEWS Live

12 years ago

The competition among smartphone giants leaves consumers wanting more and more Samsung’s first smartphone with a curved display screen, Galaxy…

Nigerian elected president of ICAO council

PM NEWS Live

12 years ago

Simon Ateba/Aviation correspondent Nigeria has become the first African country to produce the president of the International Civil Aviation Organisation…

FIRS quizzes Jimoh Ibrahim on N6.2bn taxes

PM NEWS Live

12 years ago

Billionaire businessman, Barrister Jimoh Ibrahim was on Monday invited by the Federal Inland Revenue Service, FIRS over allegations of non…

Estate agent bags 15 year sentence for fraud

PM NEWS Live

12 years ago

A Nigerian High Court in Ikeja, capital of Lagos state on Monday sentenced an estate agent, Michael Olabameji, to 15…

Nigeria faults World Bank chief on ‘100 Million Destitute’ claim

PM NEWS Live

12 years ago

Nigeria’s federal government has described recent statement by World Bank Country Director, Marie-Francoise Marie-Nelly that 100 million Nigerians are living…

Emirates makes $100bn jumbo orders for Boeing, Airbus planes

PM NEWS Live

12 years ago

Emirates Airline placed an order on Sunday for 150 Boeing 777X long-haul aircraft on Sunday, in a contract the Dubai-based…

Etihad orders 56 Boeing aircraft

PM NEWS Live

12 years ago

Abu Dhabi’s Etihad Airways placed an order for 56 Boeing aircraft, including 25 yet-to-be launched long-haul 777X passenger jets, as…

N2.7b Fraud: Ex-Oyo Pension Boss, 11 Others Remanded

PM NEWS Live

12 years ago

Justice Bolaji Yusuf of the Oyo State High Court has ordered that the former Oyo State Head of Service, Mrs.…

US tallest skyscraper opens on site of World Trade Centre

PM NEWS Live

12 years ago

America’s tallest skyscraper built on the site of the former World Trade Centre, whose iconic Twin Towers were destroyed in…

Oshiomhole lays foundation stone for N7.4bn Shopping Mall

PM NEWS Live

12 years ago

Jethro Ibileke/Benin Governor Adams Oshiomhole of Edo State, southern Nigeria, has laid the foundation stone for a N7.4 billion ($45…

Samsung plans to dominate Africa’s smartphone market

PM NEWS Live

12 years ago

Samsung Electronics expects to supply half of the smartphones sold in Africa this year and aims to double these sales…

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