Business

Nigeria’s Bank PHB Posts Big Loss, First Bank Profit Jumps

PM NEWS Live

16 years ago

LAGOS: Nigeria’s Bank PHB has reported a full year 2009 pre-tax loss of 488 billion naira ($3.25 billion) compared to…

Lagos Cooperative Societies Hit N500b Capital Base

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16 years ago

The capital base of cooperative societies in Lagos State has hit N500 billion, said the Commissioner for Agriculture and Cooperatives,…

China To Build $8b Refinery In Nigeria

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16 years ago

It will be the first of three refineries under a deal signed in May between Nigeria’s state oil company, NNPC,…

NIMASA DG Assures Of Quality Service

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16 years ago

The Director-General and Chief Executive Officer of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has assured stakeholders…

Glo Wins Licence In Gambia, 6th In Africa

PM NEWS Live

16 years ago

Africaâ€™s telecommunication giant, Globacom, has received yet another boost in pursuit of its vision to be the biggest and best…

Aero Begins Web Mobile Ticketing

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16 years ago

Aero Contractors airline this morning at the Murtala Muhammed Airport, Lagos, Nigeria, introduced the first web and sms ticketing service…

ICAN Conference To Buoy Up Nigeriaâ€™s Economy

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16 years ago

The 2010 Eastern Districts Conference of the Institute of Chartered Accountants of Nigeria, ICAN, will be focusing on the banking…

Blame PENCOM For Workers’ Woesâ€”IBTC

PM NEWS Live

16 years ago

Stanbic IBTC Pension Managers, a Pension Fund Administrator (PFA), has blamed the National Pensions Commission (PENCOM) for the non-remittance of…

Glo 1 Set To Launch

PM NEWS Live

16 years ago

The much anticipated Glo 1 submarine optic fibre cable single-handedly built by Africa’s telecoms giant, Globacom, is now ready for…

Court Order May Ground Hitv

PM NEWS Live

16 years ago

Come 15 July this year, the operations and activities of Hitv may be grounded as Musical Copy Right Society of…

Bank Dragged To Court Over Excessive Charges

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16 years ago

A Lagos businessman, Mr. Peter Awurumibe and his company, Pabe Oil and Gas Limited, have slammed a N481,455,817.70 suit on…

Dangote Sugar Nets N13.186b Profit, Offers N1.00 Dividend

PM NEWS Live

16 years ago

The board of Dangote Sugar Refinery Plc, last week, presented its audited result for the year ended December 31, 2009,…

Dangote Sugar Nets N13.186b Profit, Offers N1.00 Dividend

PM NEWS Live

16 years ago

ï»¿The board of Dangote Sugar Refinery Plc, last week, presented its audited result for the year ended December 31, 2009,…

Weâ€™ve Reduced Bad Loans By N21b â€”Wema Bank

PM NEWS Live

16 years ago

Wema Bank says it has reduced its bad loans by N21 billion. Tunde Olofintila, the bankâ€™s Head, Corporate Communications, made…

Glo To Give Out 30 Cars, 90 Okadas In 30 Days

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16 years ago

Nigeriaâ€™sÂ national carrier, Globacom has rolled out a new subscriber-reward scheme aimed at doling out prizes worth over N70 million…

Port Operator Highlights Obstacles To Port Operations

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16 years ago

A maritime operator and public commentator, Prince (Dr.) Olusegun Ologbese, has identified obstacles to effective port operations in the country.…

Petroleum Dealer Engages Business Partner In Legal Battle

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16 years ago

A Lagos businessman, Alhaji Safiriyu Adebanjo Kazeem, whose petroleum business has been in a state of coma due to the…

Automobile Company Slams N299m Suit On Nigeria Customs

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16 years ago

An automobile company, Conquest Authentic Motors Nigeria Limited has slammed N299 million on Nigeria Customs Service and the Comptroller General…

We Have Nothing To Hide â€”NIMASA

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16 years ago

The Nigerian Maritime Administration and Safety Agency (NIMASA) has attempted to douse the growing concern among agitated ship owners over…

Sanusi Offers 5 Banks For Sale; Bank PHB, Union, Oceanic Listed

PM NEWS Live

16 years ago

Nigerian Central Bank Governor Lamido Sanusi said he expects three international lenders, a number of private equity houses and local…

Glo Crashes Prepaid BlackBerry Tariff

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16 years ago

Globacom has reaffirmed its leadership in the Blackberry market with the introduction of BlackBerry U, a new package that offers…

Why Govt Must Invest In Shipping

PM NEWS Live

16 years ago

Mr. Isaac Morakinyo Jolapamo, the Chairman, ndigenious Ship Owners AssociationÂ of Nigeria (ISAN)Â and also Morlap Group Of Companies, in…

Loan Palaver: Oil Company Battles Bank PHB

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16 years ago

An oil company, Fymak Marine Oil Services Nigeria Limited, which was advertised to be wound up as a result of…

Fan Milk Partners NYSC ON HIV/AIDS Campaign

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16 years ago

At the recently held NYSC Peer Education Trainersâ€™ (PETs) Anti-AIDS Club magazine launch and Awards Day, Nigeriaâ€™s foremost frozen dairy…

Transport Magnate, Ifesinachi Is Dead

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16 years ago

Popular transporter and business mogul, Igwe James Mamah, a.k.a. Ifesinachi, is dead. He died after a brief illness at Mount…

Glo Set To Open 15 Additional Outlets

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16 years ago

In line with its commitment to bringing the best telecommunications services backed by excellent customer service support to Nigerians in…

Chinese Yutong Storms Nigeria

PM NEWS Live

16 years ago

Nigeriaâ€™s mass transit industry, including intra-city buses, inter-city (luxury) coaches, midi models and the long models designed for BRT (bus…

IMO Admits Nigeria As14th Lead Partnership Country

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16 years ago

The International Maritime Organisation (IMO) has admitted Nigeria as the 14th Lead Partnership Country, LPC, in the Global Environment Facility…

SET Plc, Bettymovil Out With Rapido

PM NEWS Live

16 years ago

As the Mundial gets underway in South Africa , a Lagos based company, Secure Electronics Technology (SET) Plc in conjunction…

Contempt: HITV Boss, Subair Apears In Court

PM NEWS Live

16 years ago

The embattled managing director of Hitv entertainment, Toyin Subair, who was summoned by a Lagos Federal High Court, eventually appeared…

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