Business

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…

Polaris Bank begins nationwide sensitization road show for non-oil exporters

Kazeem Ugbodaga

4 years ago

The CBN scheme, which is aimed at raising $200 billion in foreign exchange (FX) earnings from Non-Oil Proceeds over the…

Nigeria approves insolvency rules for companies

PM NEWS Editor

4 years ago

Mr Rasheed Mahe CAC’s Head of Media Unit said the approval was in line with the powers conferred on the…

EU sets new internet rulebook for Google, Meta, others

PM NEWS Live

4 years ago

The new rules ban targeted advertising aimed at children or based on sensitive data such as religion, gender, race and…

Dangote: My Lagos refinery will be ready before Buhari leaves office

PM NEWS Editor

4 years ago

The refinery is being built at a cost of $19 billion in Lagos and has been delayed by several years,…

Green Energy sends GMs, managers for MBA programmes in UK

Kazeem Ugbodaga

4 years ago

It said the company is currently sponsoring four General Managers to world-class MBA programmes at Warwick Business School (WBS), one…

Lafarge Africa grows net income to N90.6bn in Q1

PM NEWS Editor

4 years ago

Mr Khaled El Dokani, the Chief Executive Officer (CEO), Lafarge Africa, said that the company’s first quarter 2022 performance showed…

DrinksDirect.NG, Cane Integrated, Partner to Empower Women, Young Adults

Ademola Adegbamigbe

4 years ago

DrinksDirect.NG in partnership with Cane Integrated Investment Ltd. is giving Nigerians the opportunity to become business owners through its inventory…

FCMB Offerings Meet Customer and Regulatory Requirements – SON

Ademola Adegbamigbe

4 years ago

The Standards Organisation of Nigeria (SON) has again validated the capacity of First City Monument Bank (FCMB) to provide best-in-class…

Google Equiano Sea Cable system lands in Lagos

Kazeem Ugbodaga

4 years ago

Sanwo-Olu said the country would enjoy a boost of 1.6 million jobs and $10 billion in additional Gross Domestic Product…

Ondo chocolate bars hit European markets July

PM NEWS Live

4 years ago

The Sunshine Chocolate Factory is a Public Private Partnership between Ondo State government and an indigenous company, Schokville Ltd.

Green Energy begins Phase 2 Development of Otakikpo Oil Field

Kazeem Ugbodaga

4 years ago

Green Energy International Limited currently operates the field via a 10,000bpd oil handling, a 20MMscf gas handling processing equipment and…

U.S., UK, Canadian officials walk out on Russia at G20 meeting

PM NEWS Editor

4 years ago

Yellen was joined in her walkout by Bank of England Governor Andrew Bailey and Canadian Finance Minister Chrystia Freeland, who…

Ecobank Nigeria to host fintech breakfast forum

Nimot Sulaimon

4 years ago

Two major topics to be examined at the seminar - are “How bank-Fintech collaborations can drive ecosystem growth” and “Pan-African…

Netflix rocked by subscriber loss

PM NEWS Live

4 years ago

Netflix's first-quarter revenue grew 10% to $7.87 billion, slightly below Wall Street's forecasts. It reported per-share net earnings of $3.53,…

Fact Check: Users use same password on multiple accounts

PM NEWS Live

4 years ago

Using multi-factor authentication (MFA) is also an excellent way of providing extra security for your accounts. Most online accounts such…

Bank of Russia set to sue EU, UK, USA over gold, reserves freeze

PM NEWS Editor

4 years ago

"This freezing of gold and foreign exchange reserves was unprecedented, so we are going to work on legal claims, and…

Oil Refinery: Dangote to train 900 Nigerian engineers

PM NEWS Live

4 years ago

Managing Director, Dangote Industries Free Zone Development Company (DIFZDC), Yinka Akande said that Dangote Refinery has continued to provide employment…

Air Peace relocates to newly inaugurated MMIA terminal

PM NEWS Live

4 years ago

Olisa said that Air Peace had notified the flying public that from April 19, its international flights, intercontinental and regional…

Paga donates N2.4m to Women Impacting Nigeria Organisation

PM NEWS Live

4 years ago

To arrive at the eligible organisations, an in-house nomination process was organised and three organisations made the shortlist: Women Impacting…

Private capital deals in Africa jump by 118%, West Africa leads

PM NEWS Editor

4 years ago

The data was released today by the African Private Equity and Venture Capital Association (AVCA) in its 2021 Annual African…

Musk unrelenting over Twitter takeover, wants to bypass board

PM NEWS Editor

4 years ago

Musk tweeted Twitter board's "economic interests are simply not aligned with shareholders".

Access Bank becomes Access Corporation from May

PM NEWS Editor

4 years ago

Managing director of the bank, Herbert Wigwe in a notice to shareholders on Saturday said the new company will be…

Exodus of tech talents hits Nigerian banks

PM NEWS Editor

4 years ago

The meeting came as banks in Nigeria face stiff competition for talent from technology startups attracting increased funding from international…

Afriland developing five premium properties in Lagos, Abuja, PH

PM NEWS Editor

4 years ago

The Emporium, Trans-Amadi is a multipurpose facility set in the Garden City, Port-Harcourt and upon completion will provide a 917sqm…

Nigeria’s inflation rises to 15.92% in March

Kazeem Ugbodaga

4 years ago

According to the report, in March 2022, the consumer price index, (CPI) which measures inflation increased to 15.92 per cent on…

NNPC says AKK Pipeline project will deliver gas in 2023 Q1

PM NEWS Editor

4 years ago

Kyari who was accompanied by other members of his Management Team, stated that as a result of activities around the…

Buhari appoints Hamman Madu CEO of FMBN, reconstitutes board

PM NEWS Editor

4 years ago

In January this year, Buhari appointed Mr Ayodeji Ariyo Gbeleyi, a Chartered Accountant and a well-known financial expert as Chairman…

Breaking: Elon Musk offers to buy Twitter

PM NEWS Editor

4 years ago

"Twitter has extraordinary potential. I will unlock it," Musk said in a letter to Twitter's board on Wednesday, which was…

Updated: Zenith Bank appoints Stella Nwapa, Ogunranti executive directors

PM NEWS Editor

4 years ago

The appointments have been approved by the Central Bank of Nigeria (CBN) with effect from April 12, 2022.

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