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Business

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…
L-R: Christopher Puta, MultiChoice Talent Factory Academy Director, Southern Region; Atinuke Babatunde, MTF Academy Director, West Africa; Nwabisa Matyumza, MTF Director, Africa; Dr. Busola Tejumola, Executive Head, Content and Channels, West Africa, MultiChoice Nigeria; Caroline Oghuma, Executive Head, Corporate Affairs, MultiChoice Nigeria and Victoria Goro, MTF Academy Director, East Africa at the AMVCA Young Filmmakers Day in Lagos, yesterday.

MultiChoice Talent Factory invites applications for 2023 Cohort

PM NEWS Live

4 years ago

The 12-month fully funded programme is open to candidates from Nigeria and Ghana for the West Africa Academy which is…
Airtel Africa says its Nigerian subsidiary, Airtel Networks Ltd., has acquired 4G and 5G Spectrum from the NCC.

NIN-SIM linkage: Airtel suffers huge revenue loss

PM NEWS Live

4 years ago

Airtel noted that the number of its customers that were yet to link their NIN had affected its revenue for…
Inflation

What inflation means for trading

PM NEWS Live

4 years ago

The first step banks will take when faced with inflation is to increase loan and credit interest rates. On the…

Jumia shares first Environmental Social Governance report

Kazeem Ugbodaga

4 years ago

The report draws on Jumia’s 2021 non-financial data and provides disclosures in line with Sustainability Accounting Standards Board (SASB) materiality…

Nigerian Cybersecurity Stakeholders Deliberate on Steps to Mitigate Increasing Cyber Threats

Ademola Adegbamigbe

4 years ago

The prevalence of cybercrimes in Nigeria has become a major concern to citizens. This holds true especially as the country…
ENterpriseNGR CEO Obi Ibekwe with Oscar Onyema and Aigboje Aig-Imoukhuede

EnterpriseNGR set to launch YOE internship programme for youths

PM NEWS Editor

4 years ago

Through the YOE Internship Programme, EnterpriseNGR seeks to improve the employability of Nigerian youth. The Programme aims to improve the…
Naira

Naira bounces back, gains advantage over Dollar

Kazeem Ugbodaga

4 years ago

The Naira gained 0.18 per cent to the dollar, compared with the N419 traded on Monday.
L-R: European Union Ambassador to Nigeria and ECOWAS, Ms. Samuela Isopi, Group Managing Director of NNPC, Mallam Mele Kyari, and Chief Financial Officer of NNPC, Mr. Umar Ajiya, during the visit.

EU, Nigeria trade volume hits €28.7bn

Nimot Sulaimon

4 years ago

According to Isopi, the EU as a bloc remained Nigeria’s biggest trading partner accounting for more than 20 per cent…
Amstel Malta Ultra partners The Mix Africa to launch PUMA store in Abuja

Amstel Malta Ultra partners The Mix Africa to launch PUMA store in Abuja

Michael Adesina

4 years ago

The chic event was an eclectic mix of athletic style, fashion, and great vibes as guests celebrated yet another PUMA…
BUA Foods ship MV Bundu

BUA Foods takes delivery of new ship for sugar export

PM NEWS Editor

4 years ago

The Mitsubishi of Japan built vessel is named MV Bundu - after the area in which the refinery is located.
Naira

Dollar batters Naira again at Exporters window

Kazeem Ugbodaga

4 years ago

An exchange rate of N423.00 to the dollar was the highest rate recorded within the day’s trading before it settled…
Sugar bagged for export

Pakistani PM Sharif bans sugar export

PM NEWS Live

4 years ago

The prime minister ordered the concerned departments to sternly deal with hoarders, illegal profiteers and other factors involved in creating…
Airline-Operators-of-Nigeria

Airline operators suspend plan to ground flight services

Ayorinde Oluokun

4 years ago

Airline Operators said the earlier announced shutdown of operations on May 9, 2022 is suspended in good fate pending the…
Arik and Aero

Big setback: Arik, Aero pull out of airline operators’ plan to withdraw planes Monday

Kazeem Ugbodaga

4 years ago

The AON had said airline operators would on Monday withdraw their services in protest of hike in JET A1 fuel.
Aviation

No going back on grounding aviation industry Monday – Airline operators

Kazeem Ugbodaga

4 years ago

The association had on Friday threatened to shutdown flights services to passengers, if the Federal Government refused to reduce the…
Some of Nigeria's domestic airlines

Sirika begs airlines as Ibom Air says not shutting down

PM NEWS Editor

4 years ago

Ibom Airlines said obligations to its customers, suppliers and staff, would not allow it participate in the shutdown.

Why our companies will perform well when IOCs leave – Dakoru

Ademola Adegbamigbe

4 years ago

Mingi Edmund Dakoru, the Amanayabo of Nembe Kingdom, and Chairman, Nigeria Liquified Natural Gas (NLNG) and Bonny Gas Transport Limited…
B2B Commerce in Nigeria

How B2B e-commerce platforms digitization aid Nigerian businesses

Kazeem Ugbodaga

4 years ago

The B2B e-commerce platforms deploy digital solutions in its operations to streamline their processes in order to achieve improved efficiency…
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.

Musk, Twitter sued by Florida pension fund

PM NEWS Live

4 years ago

In a proposed class action filed in Delaware Chancery Court, the Orlando Police Pension Fund said Delaware law forbade a…
Some of Nigeria's domestic airlines

Nigerian airlines set to ground flights from Monday

PM NEWS Editor

4 years ago

The airlines said no airline in the world can absorb the astronomical hike in the fuel cost, which has increased…
Governor Sanwo-Olu at the market conference of NDIGBOAMAKA PROGRESSIVE (MARKETS) ASSOCIATION

Lagos to begin Badagry seaport: Sanwo-Olu

PM NEWS Editor

4 years ago

He made the disclosure in Lagos at the All Markets Conference 2022 (AMC’22), organised by the Ndigboamaka Progressive (Markets) Association,…
Naira strengthens further at official FX market

Naira loses ground to US dollar

PM NEWS Editor

4 years ago

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

Naira crashes to dollar again

Kazeem Ugbodaga

4 years ago

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled…
Lai Mohammed, second right during his visit to the Lekki Deep Sea port

Lekki Deep Sea port will spin $201B revenue, 170K jobs

PM NEWS Editor

4 years ago

The Lekki Deep Sea Port, which is being constructed by China Harbour Engineering Company Ltd. (CHEC), is being built at…
OPEC

OPEC raises Nigeria’s oil production quota for June

Ayorinde Oluokun

4 years ago

OPEC took the decision at its 28th OPEC and non-OPEC Ministerial Meeting despite Nigeria missing its approved target for April…

Binance gets regulatory nod in France

PM NEWS Live

4 years ago

Originally founded in China, Binance has largely pulled out of the country following Beijing’s sweeping crypto ban.
Gucci

Gucci now accepts crypto payments

PM NEWS Live

4 years ago

Gucci generated more than half of Kering’s revenue in the first quarter of this year. The fashion house has recently…
Binance

Binance commits $500m to finance Musk’s Twitter takeover

PM NEWS Live

4 years ago

Binance is one of 18 co-investors in the acquisition alongside major crypto industry players like Sequoia Capital Fund and Fidelity…

E-commerce adoption in Northern Nigeria

Kazeem Ugbodaga

4 years ago

Individuals, households, small enterprises, and huge corporations are increasingly turning to the internet for a variety of transactions.
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