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Business

A coal power plant in South Africa pollutes the air

South Africa needs $250B to dump coal

PM NEWS Editor

4 years ago

Around half of the total investment, $125 billion, is needed to ramp up wind and solar power projects as the…
Manufacturers Association of Nigeria (MAN) explains how President Bola Tinubu administration's “Nigeria First” policy will boost economy

Manufacturing sector records 2.28% growth in Q4, 2021 – MAN

Ayorinde Oluokun

4 years ago

MAN attributed the positive performance of the manufacturing sector in the period under review to the palliative measures imposed by…
Naira

Naira crashes to dollar again

Kazeem Ugbodaga

4 years ago

The local currency exchanged at 418.88 to the dollar, compared to 418 traded on Wednesday.
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 shareholders sue Elon Musk. Details of his offence

PM NEWS Editor

4 years ago

The investors said Musk saved himself $156 million by failing to disclose that he had purchased more than 5% of…
LandWey estate development

LandWey set to deliver over 1,000 homes to Nigerians

Kazeem Ugbodaga

4 years ago

While speaking on the impact of the COVID-19 pandemic and the resultant economic recession on the real estate sector in…

How Obasanjo’s 15-year-old policy promoted LPG – LPGA

Kazeem Ugbodaga

4 years ago

The association declared that Obasanjo's policy had promoted LPG positively to what it has become today. 
Emefiele: EFCC vows to appeal N100m fine

CBN jacks up interest rate to 13 percent

Kazeem Ugbodaga

4 years ago

The interest rate had been at 11.5 percent initially before the hike by the apex bank on Tuesday.
Nigeria donates $1m to World Food Programme

How we can tackle economic challenges in West Africa – Buhari

Kazeem Ugbodaga

4 years ago

President Buhari told the association, founded in 1981, and which brings together over 250 commercial banks and 15 institutions from…
Nigerian govt partners Microsoft Corporation to train five million of her citizens on high-demand technological skills

Nigerian govt. approves tax reliefs for tech startups

Nimot Sulaimon

4 years ago

Nigeria’s startup ecosystem attracted about 35 per cent (estimated at $1.4billion) of the over $4billion raised by African startups, which…
His Imperial Majesty (H.I.M), Ooni Adeyeye Enitan Ogunwusi, at the flag off ceremony in Osun State

AFEX to plant 1 million cocoa trees for cocoa production, sustainability in Nigeria

Michael Adesina

4 years ago

AFEX has provided support to over 350,000 farmers across major grain growing states in Nigeria.
Investors lose N1.14trn as NGX reacts to MPC decision

Market capitalisation dips by N159bn

Kazeem Ugbodaga

4 years ago

The downturn was impacted by losses recorded in large and medium capitalised stocks, amongst which are; Royal Exchange Assurance, Academy…
Jumia

Jumia releases reports of 2022 first quarter

Kazeem Ugbodaga

4 years ago

The e-commerce company said it kicked off 2022 with very strong growth momentum, closing the first quarter with the highest…
IVM-branded tricycles

Innoson introduces IVM-branded tricycles

PM NEWS Live

4 years ago

The 5-seater IVM-branded tricycles popularly known as ‘Keke Marwa’ joins Innoson's lineup of vehicles, including Connect, Caris, G20 Smart, Ikenga,…
L-R: Mrs Adebimpe Ihekuna, Group Head, Product & Market Development, Polaris Bank, Teju Abisoye, Executive Secretary, LSETF, Segun Opeke, Executive Director, Lagos Business, Polaris Bank and Omolara Adewumi, Director of Programs, LSETF at the Launch of N1 billion LSETF/Polaris Artisans Fund in Lagos on Thursday, May 19, 2022.

Lagos govt., Polaris Bank unveil N1bn fund for artisans

Ayorinde Oluokun

4 years ago

Group Head, Products and Market, Polaris Bank, Mrs Adebimpe Ihekuna, said that the scheme was highly subsidised at less than…
Ekiti Deputy governor, Chief Bisi Egbeyemi, handing over Ire Clay factory to core investor surrounded by other government officials

Private investor takes over Ekiti Clay Factory

Ayorinde Oluokun

4 years ago

Funmilayo Okunade Ekiti Government, on Thursday, officially handed over one of its biggest commercial enterprises, Ire Clay Products Limited to…
Jumia launches e-doctor in Nigeria

Jumia launches e-doctor in Nigeria

PM NEWS Live

4 years ago

The e-doctor service will be available for free for six months to riders, sellers, JForce agents, employees and other stakeholders…
Naira

Naira battered further by U.S. dollar

PM NEWS Editor

4 years ago

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled…
President Bola Tinubu confers national honour of Commander of the Order of the Federal Republic Benedict Oramah, President Afreximbank

Afreximbank, APPO call for establishment of Energy Bank

Nimot Sulaimon

4 years ago

The aim is to support an Africa-led Energy Transition strategy that is consistent to preserve the environment and livelihoods.

Driving productivity through employee satisfaction in the workplace

Michael Adesina

4 years ago

According to Human Resource experts, employees play a major role in determining what direction a company goes. The commitment of…

Crown Flour Mill bags National Productivity Order of Merit Award

Michael Adesina

4 years ago

The award was formally presented to the Managing Director and Senior Vice President of CFM, Ashish Pande by President Buhari…
Dangote cement maiden clinker shipment from Apapa port

Dangote Cement records big boost in Q1 revenue, profit

PM NEWS Editor

4 years ago

Analysis of the company’s three months results indicated that Dangote Cement sold a total volume of 7.2 Metric tonnes of…
Naira

Naira loses serious ground against dollar

Kazeem Ugbodaga

4 years ago

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled…
Aviation

Nigerian airline operators announce flight disruption

Nimot Sulaimon

4 years ago

The operators lamented that aviation fuel scarcity would lead to flight rescheduling and cancellations.
Adeduni Jeremiah Mayowa, CEO of JeroidNG

JeroidNG to venture into real estate soon – CEO Jeremiah Mayowa reveals

Michael Adesina

4 years ago

Jeremiah Mayowa is a young entrepreneur, the Chief Executive Officer, and the founder of JeroidNG, a fast-growing and leading e-Commerce platform…
B2B e-Commerce

B2B e-Commerce: Fostering sales, distribution with data analytics

Kazeem Ugbodaga

4 years ago

Nigeria is reputed to have a huge informal sector that makes up 50% of the country’s Gross Domestic Product (GDP),…
Prof. Bolaji Owasanoye

ICPC Boss rallies global action against illicit Financial Flows

Kazeem Ugbodaga

4 years ago

Prof. Owasanoye made this call at a side event of the ongoing hybrid 54th Conference of the United Nations Economic…
Nigeria's GDP grew highest in Q4 2021

Nigeria’s GDP down in 4th Quarter of 2021 [Details]

PM NEWS Editor

4 years ago

Quarter on quarter, real GDP grew at 9.63 per cent in Q4 of 2021 compared to Q3 of 2021, reflecting…
Niger Insurance office

First Bank urges court to wind up Niger Insurance Plc

PM NEWS Editor

4 years ago

According to First Bank, Niger Insurance Plc is financially weak and as a result, incapable of liquidating its debt.
Insurance

FG, Sanwo-Olu call for prompt payment of Insurance claims 

Kazeem Ugbodaga

4 years ago

Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, who was represented by the Permanent Secretary in the Ministry,…
Naira

Naira crumbles again to the Dollar

Kazeem Ugbodaga

4 years ago

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled…
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