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Business

GTCO to raise N400.5bn capital through public offer

GTCO records marginal rise in PBT in Q1

PM NEWS Editor

4 years ago

Mr Segun Agbaje, the Group Chief Executive Officer, GTCO Plc said, the company’s first quarter results showed a decent improvement…
DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

DMO receives 300 bids for FGN bonds

Nimot Sulaimon

4 years ago

The bonds were offered at N1, 000 per unit with a minimum subscription of N50 million, and in multiples of…
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank Plc.

First Bank queried by House of Reps

PM NEWS Editor

4 years ago

The House also queried the First Bank management over allegation of breach of agreement on Cash on Transfer (CoT) charges…

Nigeria’s FastCash Celebrates 2m Personal Loans Worth 59bln

Ademola Adegbamigbe

4 years ago

Fast Cash the fastest-growing instant loan solution in Nigeria, is proud to announce its two millionth loan disbursement. All the…
U.S. SEC says it was suing Elon Musk over his ownership of more than 5 per cent of Twitter stakes ahead of taking over the company in 2022.

Tesla falls amid Elon Musk-Twitter deal

PM NEWS Live

4 years ago

Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to…
Gazprom turns off gas pipelines from Wednesday to Poland, Bulgaria

Russia cuts off gas supplies to Poland, Bulgaria

PM NEWS Editor

4 years ago

Poland and Bulgaria would be the first countries to have their gas cut off by Europe's main supplier since Moscow…
Akinderu-Fatai

Shelter Afrique to invest N20bn in Lagos housing sector

Kazeem Ugbodaga

4 years ago

The firm said that it was poised to also help the state in tackling the housing challenge and the deficit…
U.S. SEC says it was suing Elon Musk over his ownership of more than 5 per cent of Twitter stakes ahead of taking over the company in 2022.

Twitter employees uneasy about Elon Musk buyout

PM NEWS Editor

4 years ago

An informal poll of roughly 200 employees on Blind found that 27 percent hated Musk, 27 percent loved him, and…
Parag Agrawal Twitter CEO

Twitter CEO Agrawal to receive $42m windfall

PM NEWS Editor

4 years ago

Musk in a securities filing on April 14 had said he does not have confidence in Twitter's management.
Twitter imposes restriction on number of tweets to read per day

Elon Musk, Twitter reach buyout deal: WSJ, Bloomberg

PM NEWS Editor

4 years ago

The Tesla CEO had offered more than $46 billion to buy the platform and pledged to be more lenient when…
Polaris bank

Polaris Bank begins nationwide sensitization road show for non-oil exporters

Kazeem Ugbodaga

4 years ago

The CBN scheme, which is aimed at raising $200 billion in foreign exchange (FX) earnings from Non-Oil Proceeds over the…
Minister of Industry, Trade and Investments Adeniyi Adebayo (CON)

Nigeria approves insolvency rules for companies

PM NEWS Editor

4 years ago

Mr Rasheed Mahe CAC’s Head of Media Unit said the approval was in line with the powers conferred on the…
EU sets new internet rulebook for Google, Meta, other tech giants.

EU sets new internet rulebook for Google, Meta, others

PM NEWS Live

4 years ago

The new rules ban targeted advertising aimed at children or based on sensitive data such as religion, gender, race and…
Aiko Dangote

Dangote: My Lagos refinery will be ready before Buhari leaves office

PM NEWS Editor

4 years ago

The refinery is being built at a cost of $19 billion in Lagos and has been delayed by several years,…

Green Energy sends GMs, managers for MBA programmes in UK

Kazeem Ugbodaga

4 years ago

It said the company is currently sponsoring four General Managers to world-class MBA programmes at Warwick Business School (WBS), one…
Lafarge Africa

Lafarge Africa grows net income to N90.6bn in Q1

PM NEWS Editor

4 years ago

Mr Khaled El Dokani, the Chief Executive Officer (CEO), Lafarge Africa, said that the company’s first quarter 2022 performance showed…

DrinksDirect.NG, Cane Integrated, Partner to Empower Women, Young Adults

Ademola Adegbamigbe

4 years ago

DrinksDirect.NG in partnership with Cane Integrated Investment Ltd. is giving Nigerians the opportunity to become business owners through its inventory…

FCMB Offerings Meet Customer and Regulatory Requirements – SON

Ademola Adegbamigbe

4 years ago

The Standards Organisation of Nigeria (SON) has again validated the capacity of First City Monument Bank (FCMB) to provide best-in-class…
Sanwo-Olu

Google Equiano Sea Cable system lands in Lagos

Kazeem Ugbodaga

4 years ago

Sanwo-Olu said the country would enjoy a boost of 1.6 million jobs and $10 billion in additional Gross Domestic Product…
Gov. Akeredolu at the commissioning of Sunshine Chocolate factory in Idanre

Ondo chocolate bars hit European markets July

PM NEWS Live

4 years ago

The Sunshine Chocolate Factory is a Public Private Partnership between Ondo State government and an indigenous company, Schokville Ltd.
Green Energy International Limited

Green Energy begins Phase 2 Development of Otakikpo Oil Field

Kazeem Ugbodaga

4 years ago

Green Energy International Limited currently operates the field via a 10,000bpd oil handling, a 20MMscf gas handling processing equipment and…
U.S. Treasury secretary Janet Yellen boycotts Russia at G20 meeting

U.S., UK, Canadian officials walk out on Russia at G20 meeting

PM NEWS Editor

4 years ago

Yellen was joined in her walkout by Bank of England Governor Andrew Bailey and Canadian Finance Minister Chrystia Freeland, who…
Ecobank Nigeria Unveils “Enduring Legacies”: A Grand Tribute to the Masters of Nigerian Art

Ecobank Nigeria to host fintech breakfast forum

Nimot Sulaimon

4 years ago

Two major topics to be examined at the seminar - are “How bank-Fintech collaborations can drive ecosystem growth” and “Pan-African…
Netflix

Netflix rocked by subscriber loss

PM NEWS Live

4 years ago

Netflix's first-quarter revenue grew 10% to $7.87 billion, slightly below Wall Street's forecasts. It reported per-share net earnings of $3.53,…
Password

Fact Check: Users use same password on multiple accounts

PM NEWS Live

4 years ago

Using multi-factor authentication (MFA) is also an excellent way of providing extra security for your accounts. Most online accounts such…
Elvira Nabiullina Bank of Russia governor

Bank of Russia set to sue EU, UK, USA over gold, reserves freeze

PM NEWS Editor

4 years ago

"This freezing of gold and foreign exchange reserves was unprecedented, so we are going to work on legal claims, and…
Dangote to train 900 Nigerian engineers in Oil Refinery

Oil Refinery: Dangote to train 900 Nigerian engineers

PM NEWS Live

4 years ago

Managing Director, Dangote Industries Free Zone Development Company (DIFZDC), Yinka Akande said that Dangote Refinery has continued to provide employment…
Air Peace Limited announce plan to commence direct international flight services from Abuja to London Heathrow and London Gatwick airports.

Air Peace relocates to newly inaugurated MMIA terminal

PM NEWS Live

4 years ago

Olisa said that Air Peace had notified the flying public that from April 19, its international flights, intercontinental and regional…
Winner of the "For Her" project, Tope Imasekha, founder of WIN and Paga's head of Brand Strategy and Marketing, Daniel Oparison

Paga donates N2.4m to Women Impacting Nigeria Organisation

PM NEWS Live

4 years ago

To arrive at the eligible organisations, an in-house nomination process was organised and three organisations made the shortlist: Women Impacting…
U.S. dollars

Private capital deals in Africa jump by 118%, West Africa leads

PM NEWS Editor

4 years ago

The data was released today by the African Private Equity and Venture Capital Association (AVCA) in its 2021 Annual African…
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