Business

Electricity subsidy removed, fuel next: Minister Zainab Ahmed

PM NEWS Live

4 years ago

She also revealed there is a plan to gradually end subsidies on petrol. She said the amendment of the budget…

Can Bitcoin Disappear?

PM NEWS Live

4 years ago

Bitcoin is a decentralized currency and asset, not subjected to political or institutional influences. That means no one can regulate…

Is Bitcoin Investment Real?

PM NEWS Live

4 years ago

Bitcoin's prices move up and down constantly, which could easily scare away some investors. However, Bitcoin prices have historically bounced…

Deutsche Bank backpedals out of Russia

PM NEWS Editor

4 years ago

Deutsche had resisted pressure to sever ties, arguing that it needed to support multinational firms doing business in Russia.

Sanctions buster: Deutsche Bank stays put in Russia

PM NEWS Editor

4 years ago

Deutsche's finance chief James von Moltke told CNBC that an exit, "for practical purposes ... isn't an option that's available…

Aviation fuel jumps from N190 to N670 in 14 days: Airlines suspect sabotage

PM NEWS Editor

4 years ago

Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) said the request by the operators to reduce the…

Can Africa become a leader in the Gaming Market?

PM NEWS Live

4 years ago

African developers will, therefore, struggle to take their sizeable market shares, but they could still be in a position to…

Dangote tells Buhari govt: Embargo maize export now

PM NEWS Editor

4 years ago

Dangote said that the ongoing war between Russia and Ukraine would lead to scarcity of food, arising from the inability…

Guinness not exiting Nigeria – Management

Ayorinde Oluokun

4 years ago

Guinness said it had recently reaffirmed its long term strategic expansion plans by acquiring a 25 acres commercial property in…

Dangote honours late brother, commissions therapeutic food factory

Ademola Adegbamigbe

4 years ago

President of Dangote Group, Aliko Dangote, on Wednesday, promised to enter into an agreement with governments, local governments and local…

FCMB ‘Top-5-In-5’ Season 2: Business Leaders, Experts, Entrepreneurs, Speak on Productivity

Ademola Adegbamigbe

4 years ago

Entrepreneurs, particularly startups, have been charged to acquire knowledge and the right competencies. That is if they must succeed and…

Fireboy DML to speak at Harvard Africa Business Conference

PM NEWS Editor

4 years ago

The Peru crooner will feature on the Media and entertainment panel discussing Africa, her music and everything in between. He…

UAC food unveils new look identity for its Supreme Ice Cream brand

Kazeem Ugbodaga

4 years ago

The refreshed look and identity were unveiled during a relaunch event held at D'Podium International Event Centre on Thursday, March…

Russia stops forex sales, foreign cash withdrawals

PM NEWS Live

4 years ago

Sanctions imposed over Russia’s war of aggression against Ukraine have caused the rouble to plummet and made it harder for…

Apple upgrades low-end iPhone SE with 5G

PM NEWS Live

4 years ago

The iPhone SE comes with an A15 Bionic chip, which Apple says is the fastest among competition, a 4.7-inch retina…

Britain forces Google, Facebook, Twitter to combat online scams

PM NEWS Live

4 years ago

The government said it was also launching a public consultation on tightening rules for the online advertising industry, either by…

Coca-Cola, PepsiCo abandon Russia

PM NEWS Editor

4 years ago

“Our hearts are with the people who are enduring unconscionable effects from these tragic events in Ukraine,” Coca-Cola said in…

Ecobank extends Mortgage Finance to Civil Servants in Ogun

Kazeem Ugbodaga

4 years ago

Under the housing scheme, the Ogun State Government has developed an acquisition arrangement to build and allocate houses to senior…

Breaking: Biden announces U.S. ban on Russian oil imports

PM NEWS Editor

4 years ago

U.S. President Joe Biden announced a ban of Russian oil imports, as part of measures to punish Russia for invasion…

Biden set to announce ban on Russian oil

PM NEWS Editor

4 years ago

Russia is the world's biggest exporter of oil and natural gas, and until now its energy exports had been exempted…

Airtel Africa repays $505m debt 1 year earlier

Ayorinde Oluokun

4 years ago

Following the early repayment of Senior Notes, the Group said it has $1bn of bonds remaining at Holdco level, due…

Oil prices may hit $300 a barrel, Russia warns

PM NEWS Editor

4 years ago

"A rejection of Russian oil would lead to catastrophic consequences for the global market," said Russian Deputy Prime Minister Alexander…

Oil prices soar to $139, with plans to boycott Russian oil

PM NEWS Editor

4 years ago

Bank of America analysts noted that if Russia's oil is cut off, the market could face a 5 million barrel…

TCN upgrades Egbin Transmission substation

PM NEWS Editor

4 years ago

“With the new 60MVA power transformer, the substation capacity to supply bulk electricity to Ikeja Electricity Distribution Company (IKEDC) has…

GTCO declares N221.5bn profit in 2021

Kazeem Ugbodaga

4 years ago

GTCO said the company’s balance sheet remained well structured and resilient with total assets and shareholders’ funds closing 2021 at…

Buhari handed 7-day ultimatum to probe trillions wasted on dead refineries

PM NEWS Editor

4 years ago

Successive governments have reportedly spent trillions of Naira to rehabilitate, operate and maintain the refineries that have produced little or…

UAE, Senegal, Morocco on grey list for money laundering

PM NEWS Editor

4 years ago

The other countries on the list are Albania, Barbados, Burkina Faso, Cambodia,Cayman Islands, Haiti, Jamaica, Jordan, Mali,Malta.

Beyond the Shores: Nigerians Making a Mark Worldwide

Taiwo Okanlawon

4 years ago

Kehinde Thomas grew up facing several challenges from losing his father at a young age of seven. This taught him…

JUST IN: Russian banks switch to China’s UnionPay after Visa, Mastercard snub

PM NEWS Editor

4 years ago

Announcements regarding the switch to UnionPay came on Sunday from Sberbank, Russia's biggest lender, as well as Alfa Bank and…

Visa, Mastercard suspend operations in Russia

PM NEWS Editor

4 years ago

Mastercard in a statement on Saturday cited the “unprecedented nature of the current conflict and the uncertain economic environment.”

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