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Business

Petrol price jumps to N520 per liter in Edo, Delta

NNPC allays fears over fuel scarcity

PM NEWS Live

4 years ago

We have over 1.7 billion litres of Premium Motor Spirit in the country..We have another 2.3 billion litres coming in.…
Jes Staley quits Barclays

Barclays CEO Jes Staley quits over Epstein’s ties

PM NEWS Editor

4 years ago

Staley will be replaced as CEO by Barclays' head of global markets C.S. Venkatakrishnan.
Court orders fines Zenith Bank Plc N85m for freezing an account of its customer identified as Abhulimen & Co based on an invalid court order.

Zenith Bank posts N180bn profit before tax in 9 months

Kazeem Ugbodaga

4 years ago

Zenith Bank Plc has posted a profit before tax (PBT) of N180 billion, for the nine months ended Sept. 30,…
Sanwo-Olu

Sanwo-Olu unveils new name, logo for gaming authority

Nimot Sulaimon

4 years ago

Governor Babajide Sanwo-Olu Friday unveiled the new brand identity for the Lagos State Lotteries and Gaming Authority.
Sanwo-Olu unveils Ecobank Pan African Centre

Sanwo-Olu unveils Ecobank Pan African Centre

Kazeem Ugbodaga

4 years ago

Lagos State Governor, Babajide Sanwo-Olu has said the new ultra-modern Ecobank Nigeria head office, the Ecobank Pan African Centre (EPAC)…
Jumia Black Friday

Jumia Nigeria announces exciting Black Fridays offer

PM NEWS Live

4 years ago

Jumia, Africa’s leading e-commerce platform, has launched the 9th edition of its Jumia Black Friday dubbed “It's Black Friday every…
Why micro financebanks are few in rural areas – ACCION MFB boss Taiwo Joda

Why Microfinance banks are few in rural areas

Michael Adesina

4 years ago

The Managing Director ACCION Microfinance Bank, Mr. Taiwo Joda, said lack of infrastructure is one of the reasons Microfinance banks…
Amazon's profit crash by 50 percent

Amazon’s profit falls sharply

PM NEWS Editor

4 years ago

The decline was a result of the company's investment in warehousing and logistics to meet the online shopping boom, says…
Facebook Inc is now Meta

Zuckerberg rebrands Facebook Inc. as Meta

PM NEWS Editor

4 years ago

"The names of the apps that we build—Facebook, Instagram, Messenger and WhatsApp—will remain the same", Facebook Inc. said
CBN’s e-Naira game-changer of Nigerian economy- BMO

We won’t bear losses caused by eNaira website: CBN warns users

Michael Adesina

4 years ago

The Central Bank of Nigeria (CBN) has made it clear that it will not be held liable for any loss,…
Tunde Hassan-Odukale and Femi Otedola

FBN Holdings upsets Femi Otedola

PM NEWS Editor

4 years ago

Hassan-Odukale’s shareholding stands at 5.36 per cent ahead of Otedola who owns 5.07 per cent.
MultiChoice and FIRS

MultiChoice Africa rejects Tax Tribunal ruling, plans appeal

Kazeem Ugbodaga

4 years ago

MultiChoice Africa Holdings (MAH), the parent company of MultiChoice Nigeria, has rejected Tuesday's ruling of the Tax Appeal Tribunal (TAT),…

Olam launches N300m wheat value chain project

PM NEWS Live

4 years ago

The project will trial new heat-tolerant varieties of wheat and improved agronomic practices using a participatory approach that directly engages…
Dr Ngozi Okonjo-Iweala: to receive CIBN Fellowship

Okonjo-Iweala, others for CIBN Fellowship Award

PM NEWS Live

4 years ago

Olagundoye said that over 250 qualified and experienced members who had distinguished themselves in the banking industry will be admitted.
Lagos set to host Food Festival

Lagos set to host Food Festival

PM NEWS Live

4 years ago

The Lagos State Government said its rebranded Lagos Food Festival will project the various food offerings from the diverse socio-cultural…
Jumia Nigeria CEO, Massimiliano Spalazzi

Jumia launches First Africa E-commerce Report

Kazeem Ugbodaga

4 years ago

Africa’s e-commerce platform, Jumia, has published its first Africa e-commerce report, Jumia Africa e-Commerce Index 2021 with a Nigerian section,…
Ambassador Cui Jinachun

Chinese banks coming to Nigeria soon – Ambassador Cui

Muhamin Olowoporoku

4 years ago

He also said that Nigerian banks that want to expand to China are welcomed whenever they are ready.
Shoppers at Westfield Mall in Stratford City London

British retailers warn of price hikes pre-Christmas

PM NEWS Editor

4 years ago

Three in five retailers planned to raise prices before Christmas, said Helen Dickinson, CEO of British Retail Consortium
EFCC

Abuja court unfreezes accounts of Rise Vest, Bamboo Systems, Chaka

PM NEWS Editor

4 years ago

Justice Taiwo ruled that the central bank's order relied on a circular to banks, which was not supported in law.
Islamic organization tackles Osinbajo over 2023 presidency

Net-Zero Emission: Osinbajo asks OECD countries to redeem $100bn pledge

Ayorinde Oluokun

4 years ago

Net -Zero Emission entails removing all man-​made greenhouse gas emissions from the atmosphere through reduction measures by 2050.
Lagos begins consultation for 2024 budget

Lagos, freight agency strike partnership deal

PM NEWS Live

4 years ago

The Lagos State Government through the Office of Public-Private Partnerships in conjunction with Messrs. Mainland Freight Agency Ltd has concluded…
AFEX partners Niger State ministry of Agriculture

AFEX forecasts higher price levels across grain commodities in new report

Taiwo Okanlawon

4 years ago

Nigeria’s leading commodities market player, AFEX, has shared an optimistic production outlook across most commodities surveyed in its 2021 crop…
University of Pennsylvania, UPenn in Philadelphia invites Vice President Yemi Osinbajo to deliver a special lecture on climate change

Osinbajo to headline NGX capital market conference

PM NEWS Live

4 years ago

Vice President Yemi Osinbajo will give keynote address at the inaugural Nigerian capital market conference
he Central Bank of Nigeria (CBN), has unveiled activities to mark the first anniversary of its digital currency, the eNaira.

CBN releases regulatory guidelines for eNaira [ Download ]

PM NEWS Editor

4 years ago

According to Efusobi, the guidelines seek to provide simplicity in the operation of eNaira, encourage general acceptability and use.
The mineral stone called barite

FG to inaugurate Made-in-Nigeria Barite

Nimot Sulaimon

4 years ago

Mr Olamilekan Adegbite, Minister of Mines and Steel Development, disclosed this while briefing newsmen on Monday in Abuja.
President Muhammadu Buhari and CBN Governor Godwin Emefiele launching the eNaira at Aso Rock presidential villa, Abuja on Monday: Buhari assures that eNaira and its underlying technology, block chain is safe can increase Nigeria’s GDP by $29bn in10 years.

Buhari: eNAIRA safe, will boost economy by $29bn in 10 years

Ayorinde Oluokun

4 years ago

The eNaira – like the physical Naira – is a legal tender in Nigeria and a liability of the Central…

Buhari launches eNaira: How to Hook Up

Ademola Adegbamigbe

4 years ago

President Muhammadu Buhari today, unveiled eNaira, digital currency provided by the Central Bank of Nigeria (CBN). It is also called…
Nigeria, Chad to set up joint business council

Nigeria, Chad to set up joint business council

Muhamin Olowoporoku

4 years ago

This, is the outcome of a meeting between NIPC and a business delegation from Republic of Chad, led by Nigeria’s…
Peter Ashade CEO United Capital plc

United Capital plc launches N150B infrastructure fund

PM NEWS Editor

4 years ago

By Itohan Abara-Laserian United Capital Plc has launched a N150 billion United Capital Infrastructure Fund (UCIF), a Naira-denominated fund. It…
Dangote, Wale Tinubu, Leo Stan Ekeh

Dangote, Tinubu, Leo-Stan Ekeh in Buhari’s team to Riyadh

PM NEWS Editor

4 years ago

Others from the private sector are Alhaji Mohammed Indimi, Tope Shonubi, Hassan Usman, Omoboyode Olusanya, Abubakar Suleiman and Herbert Wigwe.
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