Business

Shell donates profit from Russian oil deal to Ukrainian refugees

PM NEWS Editor

4 years ago

Shell Oil purchased the oil at a significant discount, saying it had to in order to meet and satisfy purchase…

Paypal shuts down services in Russia

PM NEWS Live

4 years ago

Ukrainian government officials had been calling on PayPal to quit Russia and help them with fundraising.

Israel to resume flights to Dubai

PM NEWS Live

4 years ago

Israel's flag carrier El Al welcomed the resolution and said it would immediately return to operating up to three or…

NNPC announces N37.5bn trading surplus

Kazeem Ugbodaga

4 years ago

Details of the figures contained in the September 2021 NNPC Monthly Financial and Operations Report (MFOR) indicate that the rise…

Funmi Ademosun sent to Ikoyi prison for N26.6B fraud

PM NEWS Editor

4 years ago

The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, had, on Friday, January 21, 2022, arraigned Ademosun…

GOtv Nigeria excites new customers with Max discount offer

Kazeem Ugbodaga

4 years ago

Pay television service provider, GOtv Nigeria, has announced a new discount offer, MAX Enjoyment for Less, for new customers starting…

AMCON chases Ifeanyi Ubah to National Assembly over N135B debt

PM NEWS Editor

4 years ago

AMCON has dragged the senator and his company, Capital Oil and Gas Industries to court over a debt of N135…

We are supplying fuel, unscrupulous elements hoarding it: Oil minister Sylva

PM NEWS Editor

4 years ago

“From all the figures shown to me the supply is there. So why are they hoarding it? "In the next…

Japan to freeze assets of 4 more Russian banks

Nimot Sulaimon

4 years ago

Seven Russian banks are to be excluded from the SWIFT messaging system, the main system underpinning global financial transactions.

Volkswagen stops business with Russia

PM NEWS Live

4 years ago

Toyota on Thursday said it would suspend production at its St Petersburg plant from Friday due to supply chain disruptions,…

FCMB Trustees Introduces E-will

Ademola Adegbamigbe

4 years ago

As a major player in the Trustees business, FCMB Trustees Limited has launched e-Wills, an automated system that makes the…

World Banks halts all programmes in Russia, Belarus

PM NEWS Editor

4 years ago

Its reasons were the Russian invasion of Ukraine and "hostilities against the people of Ukraine."

Petrol scarcity: NNPC begins 24-hour loading of trucks at depots

PM NEWS Editor

4 years ago

The NNPC, Group Managing Director, Malam Mele Kyari, made this known to journalists in Abuja on Wednesday shortly after a…

Omokore denies buying cars, houses for Diezani, NNPC chiefs

PM NEWS Editor

4 years ago

Omokore, the first defendant spoke while giving evidence at the resumed hearing of the $1.6 billion fraudulent oil deal.

IMF, World Bank to support Ukraine

PM NEWS Live

4 years ago

The IMF is responding to Ukraine’s request for emergency financing through the Rapid Financing Instrument, which the IMF Board could…

Apple, Google, Boeing, ExxonMobil hit Russia

PM NEWS Editor

4 years ago

Tech firms including Alphabet Inc's Google dropped Russian state publishers from their news, and Ford Motor - with three joint…

Sanwo-Olu announces date for activation of Badagry Deep Seaport

Kazeem Ugbodaga

4 years ago

Sanwo-Olu gave the assurance during a stakeholders meeting and community engagement on Badagry Deep Seaport Project held at the Administrative…

Financing commercial vehicles purchase will boost employment: LSM

PM NEWS Live

4 years ago

Shittu, an experienced auto salesman, told journalists in Lagos recently that “If we believe in Nigeria, we must do away…

Google, Meta face penalties in Russia over reopening of local offices

PM NEWS Live

4 years ago

Russian legislation signed by President Vladimir Putin has obliged foreign social media companies with more than 500,000 daily users to…

Visa, Mastercard block Russian financial institutions

PM NEWS Live

4 years ago

On Saturday, the U.S., Britain, Europe and Canada announced new sanctions on Russia - including blocking certain lenders' access to…

Government’s support key to boosting e-commerce industry – Jumia Boss

Kazeem Ugbodaga

4 years ago

Anammah, while speaking on the growth of e-commerce in Africa, said government's support is essential to taking e-commerce to the…

Shell, HSBC join exit train out of Russia, rouble collapses

PM NEWS Editor

4 years ago

Russia's economy was already reeling on Monday. The rouble plunged to a record low, while the central bank doubled its…

IPMAN, NUPENG at loggerheads over illegal hike in petrol price

PM NEWS Live

4 years ago

NUPENG issued a 24-hour ultimatum to IPMAN members on Sunday to revert to the official pump price of N165 per…

UPS, FedEx halt shipments to Russia, Ukraine

PM NEWS Live

4 years ago

Both Atlanta-based UPS and Memphis-headquartered FedEx had said on Feb. 24 that they were suspending services to Ukraine in light…

New York City Comptroller to suggest Russian assets for divestment

PM NEWS Live

4 years ago

"Russia's aggression in Ukraine merits the swift global action" now beginning to cut off Russian President Vladimir Putin and his…

Norway’s Sovereign Wealth Fund disinvests from Russia

PM NEWS Editor

4 years ago

The Oslo-based fund is the world’s biggest owner of publicly traded companies with a portfolio of about 9,000 stocks.

UK hits Russia’s Central bank

PM NEWS Editor

4 years ago

According to a statement, the move is implemented to prevent the CBR from "deploying its foreign reserves in ways that…

Breaking: BP offloads shares in Russian oil firm Rosneft

PM NEWS Editor

4 years ago

BP Chief Executive Officer Bernard Looney will also be resigning from Rosneft's board of directors as will former BP chief…

Germany moves to curb dependence on Russian gas

PM NEWS Editor

4 years ago

Germany will make good on plans to build two liquefied natural gas (LNG) terminals and up its natural gas reserves…

Nigerians blast Emir Bayero’s cousin over threats to Air Peace

PM NEWS Editor

4 years ago

Nigerians have taken to the social media to blast Emir Aminu Bayero’s cousin who demanded an apology from Air Peace…

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