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Business

Zenith Bank

Zenith Bank holds 7th annual trade seminar on non-oil export

Kazeem Ugbodaga

4 years ago

The seminar, themed “Unlocking Opportunities in Nigeria’s Non-Oil Export Business”, is part of Zenith Bank's efforts to support the Central…
Zenith Bank

Dangote, Emefiele, others to speak at Zenith Bank’s Trade Seminar

Ademola Adegbamigbe

4 years ago

The 7th Annual Edition of the Zenith Bank International Trade Seminar will be held on Wednesday, July 20, 2022, at…
NIMASA anti piracy assets

IMB confirms piracy decline in Gulf of Guinea

Ayorinde Oluokun

4 years ago

The International Maritime Bureau (IMB) in its half-year report of 2022 has lauded the reduction in piracy in the globally…
CIBN

CIBN partners ACAMB on boosting positive image for banking sector

Kazeem Ugbodaga

4 years ago

The CIBN boss explained that the partnership became necessary to further reposition and sanitise the banking industry as well as…
Gates

Bill Gates drops off rich list as he pledges all wealth to foundation

PM NEWS Editor

4 years ago

Gates, who founded the Bill and Melinda Gates Foundation in 2000 with his ex-wife, said the donation will allow the…
Gov. Dapo Abiodun of Ogun inside the first fibre optic cable manufacturing factory in West Africa, the Coleman Wire and Cable Fibre Optic Company he inaugurated on Thursday.

First W/Africa’s first fibre optic factory takes off in Ogun

Ayorinde Oluokun

4 years ago

The company, the first optic cable manufacturer in West Africa and the fifth in Africa was situated at Arepo area…
Chief Operating Officer, Air Peace, Oluwatoyin Olajide, others at the airline’s inaugural flight to China held at the new Murtala Muhammed International Airport Terminal in Lagos on Wednesday evening.

Air Peace begins flight operations to China

Ayorinde Oluokun

4 years ago

Air Peace said it would soon commence flights to Mumbai, India and Tel Aviv, Israel
Celsius cryptocurrency lender goes under

Another U.S. cryptocurrency lender files for bankruptcy

PM NEWS Editor

4 years ago

New Jersey-based Celsius listed estimated assets and liabilities on a consolidated basis in the range of $1 billion to $10…
A Tajbank branch in Sokoto

TAJBank opens new branch in Abuja

PM NEWS Live

4 years ago

Joda said that the opening of the new branch aligned with the management’s strategy of deepening financial inclusion by taking…
U.S. SEC says it was suing Elon Musk over his ownership of more than 5 per cent of Twitter stakes ahead of taking over the company in 2022.

Twitter drags Elon Musk to Delaware court

PM NEWS Editor

4 years ago

The lawsuit accused Musk of "a long list" of violations of the merger agreement that "have cast a pall over…
Adewale Opaleye, CEO, Alerzo Limited

E-commerce platforms providing proficient logistics to Nigeria’s retailers

Kazeem Ugbodaga

4 years ago

Through technology, retail business owners’ interface with manufacturers and approved distributors where they have access to numerous goods which they…
Ericsson, multinational telecommunications company, projects 5G subscriptions in Sub-Saharan Africa (SSA) will grow to 150 million by 2028.

Ericsson, Qualcomm, Thales to take 5G into space

Ayorinde Oluokun

4 years ago

Ericsson said the space-based network could also be used as back-up support to terrestrial networks in the event of major…
Twitter imposes restriction on number of tweets to read per day

Twitter hires top legal firm to sue Elon Musk

PM NEWS Live

4 years ago

Musk, the chief executive officer of Tesla, on Friday terminated his deal, saying Twitter had failed to provide information about…
Macau

Macau shuts all casinos for COVID, shares plunge

PM NEWS Editor

4 years ago

Macau has recorded around 1,500 COVID-19 infections since mid-June. Around 19,000 people are in mandatory quarantine as the government adheres…
Bitcoin

Top 5 Ways to Quickly Cash Out from Bitcoin to Fiat

PM NEWS Live

4 years ago

Bitcoin has become one of the most lucrative investment assets that almost every investor wants to buy. Most crypto investors…
BPE explains why it has been unable to pay N1.8 billion severance packages to the ex-staff of the SAHCOL since 2018.

Publications from DISCOs’ core investors disingenuous – BPE

Ademola Adegbamigbe

4 years ago

The Bureau of Public Enterprises (BPE) cleared the air on the insinuations and statements emanating from some of the Electricity…
The Cinema Exhibitors Association of Nigeria (CEAN) says it generated N482m revenue across all cinemas in July, lower than N567m in June.

CEAN: Why Nigeria’s box office revenue fell by 44% in June

Ayorinde Oluokun

4 years ago

“20 Nollywood films shown in June accounted for 28 per cent of total ticket sales, while 14 films, Hollywood films…
Mele Kyari

Exxon Mobil, Shell pursue $2.67 billion claim against NNPC in U.S.

PM NEWS Editor

4 years ago

The dispute arose from a 1993 contract for Esso Exploration and Production Nigeria Ltd and Shell Nigeria Exploration and Production…
B2B e-Commerce

Nigeria’s digital economy to make significant contribution to GDP

Kazeem Ugbodaga

4 years ago

By connecting manufacturers and distributors to micro businesses through digital technology, B2B e-commerce companies are making the FMCG supply chain…
Rogers Communications suffers outage in Canada

Rogers down and out in Canada

PM NEWS Editor

4 years ago

The outage, which appears bigger than the one last year that largely affected consumers, comes as Rogers is attempting to…

African Insurance Finance Leaders Transforming the Sector

Michael Adesina

4 years ago

Across Africa, a new wave of finance professionals is reshaping the insurance landscape. From Nigeria to Kenya and Ghana, five…
Sterling Bank

Sterling Bank’s Impact Summit to attract 2,000 participants across Africa

Ademola Adegbamigbe

4 years ago

Sterling One Foundation has announced that over 2000 people have registered to participate in the premier edition of the Africa…
16 firms pre-qualify for 5 NIPPs privatisation

16 firms pre-qualify for 5 NIPPs privatisation

Ademola Adegbamigbe

4 years ago

Sixteen firms have been pre-qualified for the privatisation of five National Integrated Power Projects (NIPPs) in the country, Director General…
MD TotalEnergies, Mike Sangster

Nigeria loses $10m daily to crude oil theft – TotalEnergies MD

Ayorinde Oluokun

4 years ago

Sangster said TotalEnergies had declared a force majeure on its OML 58 and had stopped production since Feb. 24 due…
KEDCO says it lost about 6,000 transformers to vandals in Jigawa, Kano, and Katsina states during the recent four-day nationwide blackout

FG, Fidelity Bank, AMCON take over 5 DISCOs over debts

PM NEWS Editor

4 years ago

The NREC and BPE chiefs said the new boards for the affected discos have been approved and the bureau was…
NLNG in Bonny Island

NLNG hit by crude oil theft, pipeline sabotage, output shrinks

PM NEWS Editor

4 years ago

Mshelbila said his company had stopped exports of liquefied petroleum gas for domestic use to meet demand from the local…
Residents of North London constituency say they have lost faith in Rishi Sunak

British Pound Sterling hits new low as finance minister quits

PM NEWS Editor

4 years ago

The resignation, along with that of the health minister, Sajid Javid threw Prime Minister Boris Johnson's government into a crisis.

Zenith Bank named Nigeria’s best commercial bank

Kazeem Ugbodaga

4 years ago

The bank was also named as the Best Corporate Governance Bank, Nigeria in the World Finance Corporate Governance Awards 2022.
Patience Oniha of DMO

DMO lists N250bn Sovereign Sukuk on NSE, FMDQ

Nimot Sulaimon

4 years ago

The listing is done to maximise market liquidity for investors in the Sovereign Sukuk, according to the Debt Management Office…
EU rejects “any threats of attacks on Iran’s civilian infrastructure” – Spokesperson EU

EU plans $1.3B investment in Nigeria to aid economic diversification

PM NEWS Editor

4 years ago

Nigeria has been trying to broaden its economy and exports outside the oil sector, which accounts for about 7% of…
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