Business

Nigeria to shut financially distressed airlines

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent Nigerian airlines that do not pay staff regular salaries will be shut and a comprehensive audit of…

Oando gets loan offer to seal ConocoPhillips deal

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13 years ago

Nigeria’s leading energy corporation, Oando Plc, says it has received credit offers of up to $815 million for the buyout…

NCAA Broke, Inspectors Accept Bribe

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13 years ago

The Nigerian Civil Aviation Authority, NCAA, is broke, and aircraft inspectors are not being paid allowances on time, a report…

Another aviation scare: Nigerian passengers disembark on runway

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13 years ago

Simon Ateba/Aviation correspondent An IRS Airline plane, on Sunday, had to disembark 89 passengers right on the runway in the…

Lagos gets set to turn waste into electricity

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13 years ago

(Reuters) – One thing Nigeria’s megacity of Lagos, one of the world’s largest, generates in abundance is trash. Now it…

N77m Fraud: Ex-Oyo Commissioner Gets N10m Bail

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13 years ago

A Nigerian Federal High Court sitting in Lagos, on Friday, granted a N10 million bail to Kazeem Adedeji, a former…

Techno Oil Opens mega fuel stations

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13 years ago

Techno Oil Ltd has started inaugurating its 20 new mega filling stations in cities nationwide to make petroleum products readily…

World Bank: Imminent drought will hit Nigeria, others

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13 years ago

The World Bank has sounded an alert about an imminent drought in Africa, that will affect Nigeria and at least…

Shell issues force majeure on Nigeria’s oil export

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13 years ago

Shell warned on Friday it may not meet production targets for crude exports in Nigeria after it shut down a…

Toyota unveils cars of the future, with auto pilot

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13 years ago

Toyota on Friday unveiled the next generation of cars featuring an auto pilot system that will swerve to avoid collisions…

US shutdown will affect Nigeria, says Okonjo-Iweala

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13 years ago

Nigeria’s minister of finance, Dr Ngozi Okonjo-Iweala, said on Thursday that the present shutdown in America, over budget row, might…

JUMIA wins world retail award

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13 years ago

JUMIA, Nigeria’s leading online shopping destination has clinched the the World Retail Award At the ceremony in Paris, France, Jumia…

Dangote Cement, Zenith drag down Lagos bourse

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13 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) depreciated by N94 billion or 0.79 per cent on Thursday as…

Shell To Sell 4 Oil Blocks

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13 years ago

Shell Nigeria is putting up for sale four onshore Niger Delta oil blocks with a combined production of around 70,000…

Dangote Cement, Forte Oil record gains at NSE

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13 years ago

Transactions on the Nigerian Stock Exchange (NSE) remained on the upbeat on Wednesday with the market indicators rising by 0.96…

‘I’m Honoured To Be Glo Ambassador’

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13 years ago

Nigerian International and Liverpool Football Club winger, Victor Moses has described the ambassadorial deal Globacom signed with him as a…

Court discharges bench warrant for arrest of 2 oil marketers

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13 years ago

A Nigerian court in Ikeja, capital of Lagos State on Wednesday discharged the bench warrant issued against two oil marketers,…

Social media killing Nigerian newspapers, say vendors

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13 years ago

Newspaper vendors in the eastern Nigerian city of Umuahia, in Abia State, have attributed the low sales being experienced to…

Sierra Leone: No nation develops without robust transport Sector

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13 years ago

During last year’s Presidential elections, Leonard Balogun-Koroma was the chairman of the campaign committee that charted President Koroma’s victory back…

9 killed in another garment factory disaster in Bangladesh

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13 years ago

A huge fire at a garment factory on the outskirts of the Bangladeshi capital Dhaka has killed at least nine…

Carpenter jailed for stealing N6.88m from ATM

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13 years ago

A Nigerian court in Kado, Abuja on Tuesday, sentenced Jamilu Hassan, 27, of no fixed address, to 16 months imprisonment…

Court orders arrest of fuel subsidy fraud suspects

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13 years ago

Henry Ojelu Justice Lateefat Okunnu of the Lagos High Court in Ikeja, western Nigeria today issued a bench warrant on…

19 Ships With Petroleum Products Arrive Lagos Ports

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13 years ago

Nineteen ships laden with different petroleum products have arrived at the ports in Lagos, according to the Nigerian Ports Authority…

Exhibitors Woo New Power Sector Investors

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13 years ago

Over 100 power product exhibitors from 16 countries were in Lagos last week to showcase the various products to new…

StarTimes Faces Fund Crisis

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13 years ago

There are indications that StarTimes, the Chinese-owned digital payTV service provider is facing a financial crisis, which now hinders its…

Cable Car, Train Service Ready Soon —Fashola

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13 years ago

The long awaited cable car project is on the verge of completion, says Governor Babatunde Fashola, but he did not…

Court Adjourns Ex-Oyo Commissioner’s Fraud Case

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13 years ago

A Federal High Court sitting in Lagos, southwest Nigeria, this morning adjourned till Friday to rule on the bail application…

BA appoints Nigerian commercial manager for W/Africa

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13 years ago

British Airways (BA) has appointed Mr Kola Olayinka as its Commercial Manager for the West African English speaking countries. The…

Nigeria’s Centenary Village To Cost N3.2Trn

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13 years ago

The proposed Centenary Village, an ultra-modern city within the Nigerian capital of Abuja, to mark the 100 years of the…

N2.3t debt: Nigerian Governors puncture NNPC denial

PM NEWS Live

13 years ago

EROMOSELE EBHOMELE Nigeria’s Progressive Governors Forum, PGF, has come down hard on the Nigerian National Petroleum Corporation for denying claims…

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