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Executive Secretary Nigerian Shippers Council, Mr. Emma Jime; Chief Operating Officer of the Lekki Deep Seaport, Mr. Lawrence Smith; Minister of Information and Culture, Alhaji Lai Mohammed and the Managing Director, Lekki Deep Seaport, Mr. Du Ruogang, when the minister visited the seaport in Lekki, Lagos, on Wednesday.

Lekki deep seaport to create 170,000 jobs – Minister

Ayorinde Oluokun

4 years ago

By Uchenna Eletuo The Minister of Information and Culture, Alhaji Lai Mohammed, on Wednesday said that, the Lekki deep seaport…
Wigwe

Access Bank lifts many staff as it changes to Access Holdings Plc, Corporation

PM NEWS Editor

4 years ago

On 16 April, in a notice to shareholders, managing director of Access Bank Plc said the bank would become a…
ASPEN Covid-19 vaccine plant

South Africa’s COVID-19 vaccine plant may shut down

PM NEWS Editor

4 years ago

Aspen Pharmacare negotiated a licensing deal in November to package and sell Johnson & Johnson's COVID-19 vaccine and distribute it…
Ecobank

Workers’ Day: Ecobank Nigeria to host Webinar on investment opportunities

Kazeem Ugbodaga

4 years ago

Speaking ahead of the event, Korede Demola-Adeniyi, Head, Consumer Banking, Ecobank Nigeria, said the webinar will focus essentially on the…
Honeywell Flour Mills Plc (HFMP) and Flour Mills of Nigeria Plc (FMN)

Flour Mills acquires 76% stake in Honeywell

PM NEWS Live

4 years ago

The acquisition has been approved by all relevant regulators, including the Federal Competition and Consumer Protection Commission (FCCPC), Nigerian Exchange…
ExxonMobil

ExxonMobil triples share buybacks to US$30B

PM NEWS Live

4 years ago

The company's adjusted earnings per share came to $2.07, short of the Refinitiv consensus for $2.12 a share, while revenue…
Twitter

Twitter CEO Agrawal quells employees’ anger over Elon Musk

PM NEWS Live

4 years ago

Agrawal is estimated to receive $42 million if he were terminated within 12 months of a change in control at…
Apple loses $200 billion in valuation

Russian users sue Apple after payment service was withdrawn

PM NEWS Live

4 years ago

The law firm said Apple's decision to halt Apple Pay services in Russia had reduced the functionality of its devices…

20 Pension Fund Administrators meet N5B minimum capital base

PM NEWS Editor

4 years ago

PenCom explained that 10 PFAs met the new regulatory capital requirement of N5 billion as at Dec. 31, 2021, while…

Ramadan: Gasvine Offers 30 Per Cent Slash on Properties

Ademola Adegbamigbe

4 years ago

Gasvine Properties, a real estate company in Nigeria, has a special offer for the Ramadan period. This is, a 30…
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.

$44 billion Twitter deal: Sources reveal what Elon Musk told banks

Michael Adesina

4 years ago

Reuters/NAN Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc (TWTR.N) that he…
Nigerian Exchange Group

Seplat, Cadbury, 28 other stocks boost NGX by N143B

PM NEWS Editor

4 years ago

Cadbury and Multiverse led the gainers’ chart in percentage terms by 10 per cent to close at N9.35 and 22k…
Seplat management executives at an AGM

Seplat announces near 200% growth in PBT in Q1, declares dividends

PM NEWS Editor

4 years ago

Mr. Roger Brown, Chief Executive Officer, Seplat Energy Plc, said: “Seplat Energy delivered a good quarter that benefited from higher…
L-R: Junior Kwebiiha, Head of Strategic Marketing, ENGIE Energy Access; ‘Muyiwa Kolawole, Head of Customer Experience, ENGIE Energy Access Nigeria; Gillian-Alexandre Huart, Chief Executive Officer of ENGIE Energy Access and Ayisola Iroche, Head of Branding and Communications, ENGIE Energy Access, at the launch of ENGIE Energy Access new experience centre in Gwagwalada area of Abuja.

MySol Nigeria celebrates impacting 300,000 lives

PM NEWS Live

4 years ago

With 36 MySol experience centres and point of sales outlets spread across Nigeria, MySol has the coverage to be close…
Not fewer than 31,000 companies in Europe have Russian owners, according to a recent report by the European Commission.

EU to suspend all duties on imports from Ukraine

Nimot Sulaimon

4 years ago

The proposal envisages the suspension for one year of all EU anti-dumping and safeguard measures in place on Ukrainian steel…
U.S. tech billionaire, Elon Musk, says one of the mistakes by DOGE in recent weeks is cutting funding for Ebola virus prevention efforts.

Elon Musk floors Tesla shareholders in court

Michael Adesina

4 years ago

Tesla boss Elon Musk has prevailed in a legal dispute with shareholders over the controversial takeover of the loss-making green…
File: ICRC's Michael Ohiani with Minister of Transport Rotimi Amaechi

Badagry deep seaport to generate $2.6 billion

PM NEWS Editor

4 years ago

Mr Micheal Ohiani, the Acting Director-General, Infrastructure Concession Regulatory Commission (ICRC), said this when he led a team to visit…
Bitcoin

CAR adopts Bitcoin as official currency, first in Africa

PM NEWS Editor

4 years ago

A bill governing the use of cryptocurrency was adopted unanimously by parliament last week, said a statement signed by Obed…
GTCO to raise N400.5bn capital through public offer

GTCO hits N54.3bn profit before tax in 2022 first quarter 

Kazeem Ugbodaga

4 years ago

The group, in a statement on Wednesday in Lagos, said the figure represents an increase of 1.1 per cent over…
Nigerian Presidency faults claim of AfDB President Akinwumi Adesina on the current Nigeria's GDP per capita versus the level it was in 1960

Why AfDB is mobilising $540m for Nigeria 

Kazeem Ugbodaga

4 years ago

Dr Akinwumi Adesina, President of the Bank and a former Minister of Agriculture, disclosed this while briefing President Muhammadu Buhari…
GTCO to raise N400.5bn capital through public offer

GTCO records marginal rise in PBT in Q1

PM NEWS Editor

4 years ago

Mr Segun Agbaje, the Group Chief Executive Officer, GTCO Plc said, the company’s first quarter results showed a decent improvement…
DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

DMO receives 300 bids for FGN bonds

Nimot Sulaimon

4 years ago

The bonds were offered at N1, 000 per unit with a minimum subscription of N50 million, and in multiples of…
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank Plc.

First Bank queried by House of Reps

PM NEWS Editor

4 years ago

The House also queried the First Bank management over allegation of breach of agreement on Cash on Transfer (CoT) charges…

Nigeria’s FastCash Celebrates 2m Personal Loans Worth 59bln

Ademola Adegbamigbe

4 years ago

Fast Cash the fastest-growing instant loan solution in Nigeria, is proud to announce its two millionth loan disbursement. All the…
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.

Tesla falls amid Elon Musk-Twitter deal

PM NEWS Live

4 years ago

Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to…
Gazprom turns off gas pipelines from Wednesday to Poland, Bulgaria

Russia cuts off gas supplies to Poland, Bulgaria

PM NEWS Editor

4 years ago

Poland and Bulgaria would be the first countries to have their gas cut off by Europe's main supplier since Moscow…
Akinderu-Fatai

Shelter Afrique to invest N20bn in Lagos housing sector

Kazeem Ugbodaga

4 years ago

The firm said that it was poised to also help the state in tackling the housing challenge and the deficit…
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 employees uneasy about Elon Musk buyout

PM NEWS Editor

4 years ago

An informal poll of roughly 200 employees on Blind found that 27 percent hated Musk, 27 percent loved him, and…
Parag Agrawal Twitter CEO

Twitter CEO Agrawal to receive $42m windfall

PM NEWS Editor

4 years ago

Musk in a securities filing on April 14 had said he does not have confidence in Twitter's management.
Twitter imposes restriction on number of tweets to read per day

Elon Musk, Twitter reach buyout deal: WSJ, Bloomberg

PM NEWS Editor

4 years ago

The Tesla CEO had offered more than $46 billion to buy the platform and pledged to be more lenient when…
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