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Business

Image for the illegal Russia Hydra Market

German police shut Russia’s Hydra Market, world’s largest online

PM NEWS Editor

4 years ago

Computer servers in Germany and bitcoins with a total value of 23 million euros (25 million dollars) were seized during…
President Buhari

Nigeria Africa’s fertiliser powerhouse: Buhari

PM NEWS Live

4 years ago

Buhari noted that a key indicator of the present government’s successful policies is the fact that the country had no…
U.S. issues 300 new sanctions against Russia, allies

U.S. ratchets up pressure on Russia, blocks debt payment

PM NEWS Editor

4 years ago

The move was meant to ratchet up pressure on Moscow and eat into its holdings of dollars.
Patience Oniha of DMO

DMO lists 2 new FGN savings bonds for subscription

PM NEWS Editor

4 years ago

The first, a two-year FGN Savings Bond, comes at an interest rate of 7.33 per cent per annum, and would…
Reserve Bank of Zimbabwe

Zimbabwe jacks up interest rate to world record 80%

PM NEWS Editor

4 years ago

The Reserve Bank said its monetary policy committee was concerned with an escalation in annual inflation, which reached 72.7% in…

UPS partners Jumia to expand logistics services in Africa

Kazeem Ugbodaga

4 years ago

Leveraging the Jumia infrastructure in Africa, UPS will offer its customers an extended range of delivery solutions, including door to…
Musk

Elon Musk buys 9.2% Twitter stake worth $3bn

Taiwo Okanlawon

4 years ago

Musk, already the world’s richest person according to the Bloomberg Billionaires Index, has made about $1.1 billion since mid-March, based…
Executive Director, Strategy Capital Projects and Portfolio Development, Dangote Group, Mr. Devakumar Edwin, conducting the Minister of Information and Culture, Alhaji Lai Mohammed, round the Dangote Refinery complex in Ibeju-Lekki, Lagos, on Sunday.

Nigeria begins Urea Fertiliser export to U.S., Brazil, others

Ayorinde Oluokun

4 years ago

President Muhammadu Buhari on March 22 inaugurated the Dangote Fertiliser Plant which is Africa’s largest granulated Urea fertiliser complex

Solanke-Ebhojie joins BCG Nigeria as partner

Nimot Sulaimon

4 years ago

In her new position as Partner and Associate Director, Solanke-Ebhojie will lead the BCG’s energy and infrastructure practice in Nigeria.
Mutilated Naira notes

CBN vows to punish banks for depositing mutilated Naira notes

PM NEWS Editor

4 years ago

CBN said that henceforth, composed banknotes discovered in the deposit of DMBs shall attract a penalty of 400 per cent…
Tijani Babatunde Folawiyo

I don’t owe you: Lagos bizman Tunde Folawiyo tackles AMCON

Kazeem Ugbodaga

4 years ago

Lagos lawyer Funke Agbor SAN, in an application said AMCON sued Folawiyo on 17 July 2020 based on a previous…
Keystone Bank Limited

Keystone Bank reopens revamped Ikota-VGC, Lagos branch

PM NEWS Live

4 years ago

Keystone Bank Limited is a technology and service-driven commercial bank, offering tailor-made convenient and reliable solutions to customers' needs.
President Muhammadu Buhari welcomes Microsoft's Brad Smith for the $200m African Development Centre

Buhari welcomes Microsoft’s African Development Centre

Nimot Sulaimon

4 years ago

The president told the visiting Microsoft team that as the largest economy and most populous country in Africa, Nigeria is…

Keystone Bank reopens revamped Ikota -VGC branch

Nimot Sulaimon

4 years ago

This is in line with its drive to reach a wider audience and meet the needs of customers in the…
Journalists on facility tour of Innoson Vehicle Manufacturing plant in Nnewi on Friday

Innoson Group to establish Owerri manufacturing plant

PM NEWS Live

4 years ago

Chief Innocent Chukwuma, Chairman, Innoson Group, made the disclosure when he received members of the Correspondents’ Chapel, on a facility…
NIPOST

NIPOST introduces e-commerce, financial services

PM NEWS Editor

4 years ago

By Alex Enebeli/Enugu The Nigerian Postal Service (NIPOST) said it has introduced financial services, E-commerce and logistics for effective service…
Buhari govt. will not deliver Ajaokuta steel: Minister Adegbite admits

Ajaokuta Steel defeats Buhari govt: Minister Adegbite

Michael Adesina

4 years ago

The development of the steel mill was started in the 1970s but has evaded completion several decades after.
Association of Licensed Telecommunications Operators of Nigeria (ALTON)

Telecom operators mull tariff hike, warns of blackout in 10 states

PM NEWS Editor

4 years ago

The Chairman of ALTON, Mr Gbenga Adebayo, told newsmen on Thursday in Lagos that the high cost of energy and…
The corporate headquarters of Gazprom Germania, the German unit of Russian natural gas company Gazprom

Germany mulls nationalising Russian oil firms Gazprom, Rosneft

PM NEWS Editor

4 years ago

According to business daily Handelsblatt, the discussions between top ministry officials and Chancellor Olaf Scholz aim to prevent massive power…
crude oil tanks at Cushing oil hub US

Biden to release 180m barrels of crude oil to crash prices

PM NEWS Editor

4 years ago

The release from May is the largest release ever from the U.S. emergency oil reserve.
L-R: Michael Nwoseh, Olawale Akanbi; Tolulope Adesokann and Olufemi Olapegba, at the eClinic Media launch held in Lagos

Interswitch re-launches eClinic

PM NEWS Live

4 years ago

eClinic was developed with specialised modules that function at various clinical levels such as antenatal and immunisation, aggregating data from…
Chain Reactions Africa and CEO Israel Jaiye Opayemi

PR firm Chain Reactions Africa unveils Good News Nigeria

PM NEWS Editor

4 years ago

The Managing Director of the firm, Mr Israel Jaiye Opayemi unveiled the new platform at the 15th anniversary of Chain…
Putin

Breaking: Putin gives 24 hour ultimatum to EU to pay roubles for gas

PM NEWS Editor

4 years ago

Putin’s move, via a decree signed on Thursday, leaves Europe facing the prospect of losing more than a third of…
Adewale Opaleye, CEO, Alerzo Limited

B2B Technology is solving informal retail problems  – Alerzo CEO

Kazeem Ugbodaga

4 years ago

Estimated at over $100 billion, the Nigerian informal retail sector has a chain of challenges such as mass illiteracy among…
A petrol station in India: Petrol, diesel prices reviewed

India jacks up petrol, diesel prices, 8th time in 9 days

PM NEWS Editor

4 years ago

A litre of petrol in Delhi now costs INR 101.01 (1.33 U.S. dollars or N550.69) and diesel was sold at…

Growth of Online Betting in Nigeria

PM NEWS Live

4 years ago

The more sports a bookmaker covers, the better. If you can find sportsbooks like Betway and 22Bet that hit these…
Alwan Ali Hassan MD Bank of Agriculture

Missing in terror train: Where is Ali Hassan MD Bank of Agriculture?

PM NEWS Editor

4 years ago

So far, eight people have been confirmed killed, 26 injured, while many were abducted by the terrorists.
Uche Pedro and Theoder Innocent

Theoder Innocent named among top 10 Nigerian young entrepreneurs

Michael Adesina

4 years ago

Today’s millennials have done the same, looking for novel approaches to achieve bigger goals. For a country with as much…
Tijani Babatunde Folawiyo

JUST IN: Court orders AMCON take over Babatunde Folawiyo’s assets

PM NEWS Editor

4 years ago

The asset seizure was ordered based on Falawiyo's unpaid debt of N727.9 million.
Stefano Cao CEO Saipem

Saipem books massive loss for the second year

PM NEWS Editor

4 years ago

The Board of Directors has convened the Shareholders' Meeting in ordinary and extraordinary session, for May 17, 2022 in a…
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