Business

Nigeria’s forex inflow increases

PM NEWS Editor

4 years ago

Nigeria earned a total of $30.2 billion in the quarter, a rise attributed to increased non-oil receipts and proceeds from…

Fuel subsidy removal will improve economy: Onafowokan CEO Coleman Wires

PM NEWS Editor

4 years ago

Onafowokan said the removal of subsidy would encourage investors into the downstream, midstream and refining and stop Nigeria's borrowing.

B2B E-commerce consolidating Nigeria’s digital economy blueprint – Alerzo CEO

Kazeem Ugbodaga

4 years ago

To propel the country towards attaining a vibrant digital economy, the federal government unveiled a roadmap in the form of…

CBN begins e–invoice for importers, exporters Feb. 1

PM NEWS Editor

4 years ago

The circular explained that all import and export operations would require the submission of an electronic invoice authenticated by the…

TotalEnergies, Chevron withdraw from Myanmar

PM NEWS Live

4 years ago

TotalEnergies said that, before deciding to pull out of Myanmar, it had approached French authorities to consider putting in place…

Netflix shares nosedive over gloomy subscriber outlook

PM NEWS Live

4 years ago

Netflix rode a roller coaster during the pandemic, with steep growth early in 2020 when people were staying home and…

Jumia consumers to enjoy free delivery

Nimot Sulaimon

4 years ago

The deal will be valid for all Jumia Express (items stored at the Jumia warehouse) orders above 4,999 Naira in…

Turkey’s pipeline explosion stops Iraqi oil exports

PM NEWS Editor

4 years ago

The blast late Tuesday near the town of Pazarcik in Kahramanmaras province caused a huge fire that forced authorities to…

Buhari has not authorized removal of fuel subsidy – Lawan

Muhamin Olowoporoku

4 years ago

I know and I agree that the subsidy is very heavy. But I think we must never transfer the burden…

How COVID-19 affected NIPOST – Adewusi

Taiwo Okanlawon

4 years ago

Adewusi, a former banker, finance commissioner in Lagos and former managing director of Ibile Holdings, was appointed NIPOST CEO in…

Future of real estate is technology – Udeh Chinedu Raphael

Taiwo Okanlawon

4 years ago

Award-winning real estate investor and founder of Ranel Universal Limited, Mr Udeh Chinedu Raphael, has said the new real estate…

Oil prices hit highest level since 2014

PM NEWS Editor

4 years ago

As of 8:04 a.m. EST on Tuesday, WTI Crude was up 1.20% at $84.90. Brent Crude traded at $87.20, up…

Mastercard, 4 others fined for cartel behaviour

Michael Adesina

4 years ago

Britain’s Payment Systems Regulator on Tuesday fined MasterCard and four other payment companies.

Prices of rice to fall after launch of rice pyramids in Abuja

PM NEWS Editor

4 years ago

Immediately after the unveiling of the pyramids, the Central Bank of Nigeria and RIFAN will allocate the rice to processors.

Credit Suisse Group chairman Antonio Horta-Osorio quits

PM NEWS Editor

4 years ago

Switzerland's second-largest bank has appointed Axel Lehmann as its new chairman effective immediately, it said in a statement.

Unilever eyes GSK’s consumer goods arm

PM NEWS Live

4 years ago

GSK Consumer Healthcare is a leader in the attractive consumer health space and would be a strong strategic fit as…

Netflix increases monthly subscription prices in US, Canada

PM NEWS Live

4 years ago

In Canada, the premium plan rose by C$2 to C$20.99, and the basic plan was unchanged at C$9.99.

Humongous cost of Nigeria’s Twitter ban revealed, it will shock Buhari, Lai

PM NEWS Editor

4 years ago

In real terms the cost is about 79 percent of the N13.59 trillion budget of 2021. This amounts to a…

AU, Afreximbank, AfCFTA inaugurate payment systems PAPSS

PM NEWS Editor

4 years ago

PAPSS is a cross-border, financial market infrastructure enabling payment transactions across Africa.

Foodies Lekki to open branches in Ikoyi, Ikeja, other locations

Kazeem Ugbodaga

4 years ago

According to the manager, Bukola Adeniji who hosted some pressmen during the Yuletide, their patronage has increased tremendously over the…

Ondo, TCN partner to improve power supply

PM NEWS Live

4 years ago

The TCN boss, whose jurisdiction were Osun, Ondo, parts of Oyo state and Kwara states, called for all round security…

Buhari okays Nigerian Diaspora Investment Fund

PM NEWS Live

4 years ago

The NDITF is a private sector investment window with Nigerians in the Diaspora to support direct investments in the country.

SEC optimistic of capital market growth in 2022

PM NEWS Live

4 years ago

Yuguda said that SEC would also inaugurate the revised version of the 10-year Capital Market Master Plan during its forthcoming…

COVID-19: Virgin Australia to cut capacity by 25%

PM NEWS Live

4 years ago

Virgin Australia which competes against Qantas Airways Ltd (QAN.AX), said it would cut some flight frequencies and suspend 10 routes…

Apple chief Tim Cook’s pay in 2021 revealed

PM NEWS Editor

4 years ago

Tim Cook's pay for the year was 1,447 times that of the average employee at the tech giant, according to…

Buhari inaugurates Margaret Okadigbo-led NNPC board

PM NEWS Editor

4 years ago

NNPC Limited is expected to operate at par with its industry peers across the world, while acting as Enabler Company…

Abiodun to revive Kotopo Green House project

PM NEWS Live

4 years ago

Odedina urged youths in the state to take advantage of the Kotopo Extension Station

Six things to watch in Nigeria’s B2B e-Commerce Market in 2022

Kazeem Ugbodaga

4 years ago

The year saw the likes of Alerzo, TradeDepot and Omnibiz implementing innovative ideas to bring more retailers onboard e-commerce, in…

Vivo strengthens its global presence with user-oriented innovation

Michael Adesina

4 years ago

Global smartphone maker Vivo has concluded an exceptional year, redoubling its efforts to deliver exciting new products and experiences to…

Manufacturers kick against excise duty on soft drinks

Nimot Sulaimon

4 years ago

Mr Segun Ajayi-Kadir, the Director-General of MAN, said the introduction of excise duty will cause a 0.43 per cent contraction…

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