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World Bank to pick new chief April

The World Bank said Friday it would select a new president to succeed Robert Zoellick by April 20, the start…

Interswitch Drives CBN’s Cashless Policy With e-Payment Solutions

The cashless policy, an initiative of the Central Bank of Nigeria (CBN) and the 24 deposit money banks, aimed at…

Guinness Declares N7.14b Profit

Guinness Nigeria Plc has declared a profit after tax of N7.147 billion for the half year (H1) ended December 31,…

Court Orders First Bank To Pay Dismissed Staff N5m

An Ikeja high court in Lagos has ordered First Bank of Nigeria Plc to pay the sum of N5million to…

Dodge Durango Is Here

The Dodge Durango, renowned American luxury Sports Utility Vehicle has finally settled in Nigeria, courtesy of Weststar Associates Nigeria Ltd,…

New M-Class Unveiled

The fact that the new M-Class is as fuel-efficient as the economical saloon cars displaying the Mercedes star makes the…

Record Results For Diamler’s Anniversary Year

German auto and truck giant Daimler, which owns Mercedes-Benz, said recently that it achieved record sales and profits in 2011,…

Stallion Flags Off Motor Exhibition

Stallion Motors, automobile franchise dealership will from 13-18 February 2012 showcase an array of contemporary automobile brands at the Autoline…

Toyota On Top For 32nd Year

According to Engineeringnews.co.za, despite the growing threat posed by German rival Volkswagen, Toyota has again clinched the number one spot…

Nissan Profits Up Despite Tough Quarter

Japanese car giant Nissan recently disclosed that its third quarter profits rose 3.2 per cent year-on-year as solid global sales…

PHCN Workers Pray Over Privatisation

All workers of Power Holding Company of Nigeria, PHCN, led by Monzor M. Musa, president of their workers union, Joe…

Diezani To Tour Chevron’s Gas Rig Fire

Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke will this weekend embark on an assessment tour of the site of the…

Steer Clear Of Nigerian Waters, Maritime Watchdog Warns Ships

An international maritime watchdog on Monday warned ships to steer clear of waters off Nigeria due to a trio of…

Fuel Scarcity Hits Ilorin As Marketers Begin Strike

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Ilorin Unit, on Monday ordered members to shut their filling stations in…

Jonathan Assures US Trade Delegation

President Goodluck Ebele Jonathan has said his administration has the political will to support investors in Nigeria, and create an…

Jonathan Targets 270,000 Jobs With New Scheme

President Goodluck Jonathan this morning launched the Public Works, Women and Youth Empowerment Programme designed to create 270,000 jobs by…

Unemployed Graduates Get N2.8m NDE Loan

The National Directorate of Employment (NDE) says it has disbursed N2.8 million to four unemployed graduates in Cross River under…

Price Of Cement Rises Again

The price of cement has recorded about 12.8 percent increase in major towns in Delta since the beginning of the…

Boosting Rice Production: The Lagos Example

With a population of over 18 million, Lagos State, southwest Nigeria, no doubt, is faced with copious challenges. The United…

Massive Sack In Acquired Banks

There are indications that many workers in the recently acquired banks in the country will soon lose their jobs. P.M.NEWS…

CBN Tasked On Policy Implementation

An online telecommunications advocacy group, Telecomms Compare has said that certain issues must be addressed first before the nationwide introduction…

Enterprise Bank Rewards Outstanding Employees

After months of creating the required awareness among staff, Enterprise Bank Limited (EBL) has started the implementation of the performance…

Gov Aregbesola assists Osun farmers with land

Governor Rauf Aregbesola of Osun State today gave 100 hectares of land situated at Iwo Farm Settlement to 20 large…

Suzuki Sales Slip

Japan’s Suzuki Motor said its net profit fell 4.7 per cent for the nine months to December and downgraded its…

Hyundai Buyers Most Loyal

JD Power reports that Hyundai’s industry-leading retention rate is primarily driven by its Elantra and Sonata models. Hyundai owners are…

Toyota Guns For First Place

Japan’s largest car maker said it sold 7.95 million worldwide in 2011, down six percent, as it wrestled with a…

Mercedez Joins Small Van Clan

As contrasting as it may seem given the three-pointed star’s prestige luxury car image, Mercedes-Benz also has a strong presence…

Lagos Makes Case For Mineral Resources In Power Generation

The Governor of Lagos State, Babatunde Raji Fashola (SAN) has disclosed that the state government is exploring other means of…

Ribadu: Why I accepted to serve

Oluokun Ayorinde/Abuja Mallam Nuhu Ribadu, former Chairman of the Economic and Financial Crimes Commission and presidential candidate of Action Congress…

Brent crude price hits six-month high

World oil prices were mixed Tuesday, with Brent hitting a six-month high above $117 Tuesday on fears of supply disruptions…
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