Business

Oil spill found as Shell shuts flow station

PM NEWS Live

14 years ago

Shell said Thursday it had shut down an oil processing facility in southern Nigeria over a pump failure, but denied…

Nigeria’s oil minister allays fears over fuel scarcity

PM NEWS Live

14 years ago

As queues builds up in petrol stations in some parts of the country, Mrs. Dieziani Alison-Madueke, the Minister of Petroleum…

PHCN Owes NNPC N26bn For Gas Supply

PM NEWS Live

14 years ago

The Power Holding Company of Nigeria (PHCN) owes the Nigerian Gas Company (NGC) and other gas operators N26 billion for…

Honda Odyssey Returns

PM NEWS Live

14 years ago

When Honda Motor Company recently went back to the drawing board to modify the Odyssey for the 2012 model year,…

Mercedes Benz CLS Comes To Town

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14 years ago

A new wonder on wheels from the Mercedes Benz factory is on its way to Nigeria preparatory for unveiling. The…

Nigeria’s Car Import Rise By 15%

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14 years ago

New car imports into Nigeria rose 15 percent in the first half of 2012, compared with the same period last…

Not A Venza Affair

PM NEWS Live

14 years ago

The teeming Toyota enthusiasts wishing to own the Venza through Toyota’s authorised dealers in Nigeria, surely would not be happy…

Nigeria hits record 4,477.7 megawatts

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14 years ago

Nigeria’s electricity production has hit a record peak of 4,477.7 megawatts, according to Professor Bart Nnaji, the power minister. In…

British city launches own currency

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14 years ago

As Britain loses faith in its banks and feels shockwaves from the euro crisis, one city is trying to keep…

Nigeria says strike by oil marketers blackmail

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14 years ago

Oil marketers indicted in the Aig-Imokhuede report on fuel subsidy payments are behind the planned nationwide strike, the Federal Government…

Asbestos found in China-made cars

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14 years ago

Some 23,000 cheap Chinese-made cars were Wednesday recalled in Australia after asbestos was found in their engines, with unions demanding…

Chevron Denies Sack Of 1,000 Workers

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14 years ago

Chevron Nigeria Limited has denied it is about to sack an additional 1,000 of its contract workers barely one week…

Fuel queues resurface in Abuja

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14 years ago

Few days to the Eid-el Fitri celebrations, fuel queues for petrol, long a familiar feature in bye gone years, have…

Samsung smartphones more popular than Apple’s

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14 years ago

Samsung extended its lead over Apple in the smartphone market in the second quarter despite a slowing demand for mobile…

Airtel Empowers Nigerians In Top Management

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14 years ago

Managing Director and Chief Executive Officer, Airtel Nigeria, Rajan Swaroop, has restated Airtel’s commitment to Nigeria and Nigerians as evidenced…

New Gold, NB plc gain in Monday trading

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14 years ago

Equity transactions on the Nigerian Stock Exchange (NSE) re-opened on a positive note on Monday as investors showed renewed interest…

Exxon Mobil causes oil spill in Akwa Ibom

PM NEWS Live

14 years ago

An oil spill has been detected along the coast of southern Nigerian state of Akwa Ibom, near operations for US…

FG denies deducting salaries of PHCN workers

PM NEWS Live

14 years ago

Simon Ateba The Federal Government of Nigeria has denied claims that it had been deducting 25 percent salaries of PHCN…

Blue chips rally at Nigeria Stock Exchange

PM NEWS Live

14 years ago

Activities on the Nigerian Stock Exchange (NSE) closed upbeat on Friday as shares of some highly capitalised companies recorded significant…

Pakistan cuts interest rate

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14 years ago

This is a piece of news that should provide some food for thought for the Central Bank Governor of Nigeria,…

Why Cabotage Act Failed — Nweke

PM NEWS Live

14 years ago

The president of National Association of Government Approved Freight Forwarders (NAGAFF), Mr. Eugene Nweke has highlighted why the Cabotage Act…

Stakeholders Suggest Ways To Enhance Maritime Security

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14 years ago

Cooperation of all government and private sector stakeholders has been described as vital to achieving effective security and preventing crude…

Reps Charges NIMASA On Performance

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14 years ago

The House of Representatives Committee on Marine Transport has called on the Nigeria Maritime Administration and Safety Agency, (NIMASA) to…

G. Cappa’s Acting GM In EFCC’s Net

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14 years ago

The Acting General Manager of G. Cappa Plc, Emmanuel Ofolue is in the net of Economic and Financial Crimes Commission…

Mastercard, SEEP Commits $8m To Microfinance Associations

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14 years ago

In an effort to strengthen and develop the capacity of microfinance industry associations in sub-Saharan Africa, MasterCard Foundation and the SEEP…

Airtel Subscribers Base Hit 20Million

PM NEWS Live

14 years ago

The management of Airtel Nigeria says its active subscriber base has increased from 15.5 million to 20 million. Speaking at…

MTN Expnads WiMAX Coverage

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14 years ago

MTN Nigeria has expanded the coverage of its WiMAX driven revolutionary Internet service, MTN HyNet, to the more cities across…

Nissan Eyes World Taxi Domination

PM NEWS Live

14 years ago

After winning the race to replace the iconic Ford Crown Vic yellow cabs of New York City, Nissan is now…

New Honda City Dons Luxury Features

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14 years ago

The Honda Place (THP), authorised distributors and marketers of Honda automobiles has launched the 2012 model of its popular and…

Mercedes-Benz GL63 AMG Debuts

PM NEWS Live

14 years ago

Each time Mercedes-Benz introduces a new model, it doesn’t take too long before AMG cranks out a harder, faster, and…

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