Business

Osun state selling Nigeria’s first Islamic bond

PM NEWS Live

13 years ago

Nigeria’s Osun State has begun offering the country’s first Islamic bond, taking a major step towards developing an Islamic finance…

Ibori’s shares in Nigeria’s fertilizer firm listed for forfeiture

PM NEWS Live

13 years ago

Reuters (London)Jailed Nigerian former governor James Ibori used front men and shell companies to acquire a hidden stake in privatised…

UNCTAD warns on mono-culture agriculture, urges mosaic approach

PM NEWS Live

13 years ago

Farming in rich and poor nations alike should shift from monoculture towards greater varieties of crops, reduced use of fertilizers…

US Fed leaves stimulus unchanged at $85 bn

PM NEWS Live

13 years ago

The US Federal Reserve on Wednesday left its $85 billion a month stimulus program in place, against broad expectations that…

Suspected Oil Subsidy Thieves Face Criminal Charges

PM NEWS Live

13 years ago

A Federal High Court sitting in Lagos, southwest Nigeria, has adjourned till Thursday, a N3.2 billion oil subsidy criminal case…

Oando slumps for second day on Ibori shareholding

PM NEWS Live

13 years ago

Shares in Nigerian oil company Oando fell by almost the 10 percent limit allowed on the local stock exchange for…

Banks Warn Customers Over Scam Mails

PM NEWS Live

13 years ago

Some banks in Lagos on Tuesday warned customers not to respond to requests for their personal bank details over the…

Olokola FTZ project still on course, say Amosun

PM NEWS Live

13 years ago

Governor Ibikunle Amosun of Nigeria’s western state of Ogun on Tuesday said his government has not abandoned the multi-billion naira…

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

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

PM NEWS Live

13 years ago

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

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