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Business

NIMASA DG Bashir Jamoh presents a souvenir to EU Gulf of Guinea ambassador Nicolas Martinez

EU commends Nigeria for war against maritime crimes in Gulf of Guinea

PM NEWS Editor

4 years ago

EU Senior Coordinator for the Gulf of Guinea, Amb. Nicolas Martinez, leading a delegationn, made the commendation at the end…
GTCO

GTCO shareholders endorse N3 dividend payment

Nimot Sulaimon

4 years ago

The bank had proposed a final dividend of N2.70 per unit of ordinary share held by shareholders in addition to…
Adewale Opaleye, CEO, Alerzo Limited

Alerzo boosts business for over 80,000 retailers

PM NEWS Live

4 years ago

Alerzo is one of the innovative Business-to-Business e-commerce platforms deploying technology to reinvent the distribution value chain in the informal…
Google

Google notifies publishers: No payment for content on Ukrainian war

PM NEWS Editor

4 years ago

"Due to the war in Ukraine, we will pause monetization of content that exploits, dismisses, or condones the war", the…
Germany's Finance Minister Christian Lindner

Germany set to roll out aid for Ukrainian war-hit companies

PM NEWS Editor

4 years ago

Finance Minister, Christian Lindner said in the Bundestag on Friday that he and the Economy Minister Robert Habeck have agreed…
Fuel

Petrol subsidy to gobble N4 Trillion or $9.85 Billion: Buhari

PM NEWS Editor

4 years ago

The new figure is N1.5 trillion more than initially estimated for petroleum subsidy in 2022, according to Buhari's letter in…
Ade Ogundeyin of Proforce Air Systems and Aeraccess CEO, Shehzaad CAllachand sign the agreement to make drones

Drones to detect terrorists to be made in Ogun state

PM NEWS Editor

4 years ago

Proforce, which deals with military armoured vehicles and is based in Ode Remo in Ogun state said the drones would…
or the Nigerian market.

FG approves N35bn for projects in aviation sector

Ayorinde Oluokun

4 years ago

Sirika said N5.6 billion of the money was approved for the maintenance of the nation’s new international building terminals in…
Tope Awotona of Calendly

Lagos-born Tope Awotona now tech billionaire in U.S.: Forbes

PM NEWS Editor

4 years ago

Nine years ago, Awotona started Calendly, pouring his life savings of $200,000 into it and later quitting his job selling…
PESONS

Real estate firm PESONS Limited announces new website

Taiwo Okanlawon

4 years ago

The No. 1 Family-owned Property Investment Company in Africa, ‘Patrick Egemasi & Sons Limited’ also known as PESONS is pleased…
Image for the illegal Russia Hydra Market

German police shut Russia’s Hydra Market, world’s largest online

PM NEWS Editor

4 years ago

Computer servers in Germany and bitcoins with a total value of 23 million euros (25 million dollars) were seized during…
President Buhari

Nigeria Africa’s fertiliser powerhouse: Buhari

PM NEWS Live

4 years ago

Buhari noted that a key indicator of the present government’s successful policies is the fact that the country had no…
U.S. issues 300 new sanctions against Russia, allies

U.S. ratchets up pressure on Russia, blocks debt payment

PM NEWS Editor

4 years ago

The move was meant to ratchet up pressure on Moscow and eat into its holdings of dollars.
Patience Oniha of DMO

DMO lists 2 new FGN savings bonds for subscription

PM NEWS Editor

4 years ago

The first, a two-year FGN Savings Bond, comes at an interest rate of 7.33 per cent per annum, and would…
Reserve Bank of Zimbabwe

Zimbabwe jacks up interest rate to world record 80%

PM NEWS Editor

4 years ago

The Reserve Bank said its monetary policy committee was concerned with an escalation in annual inflation, which reached 72.7% in…

UPS partners Jumia to expand logistics services in Africa

Kazeem Ugbodaga

4 years ago

Leveraging the Jumia infrastructure in Africa, UPS will offer its customers an extended range of delivery solutions, including door to…
Musk

Elon Musk buys 9.2% Twitter stake worth $3bn

Taiwo Okanlawon

4 years ago

Musk, already the world’s richest person according to the Bloomberg Billionaires Index, has made about $1.1 billion since mid-March, based…
Executive Director, Strategy Capital Projects and Portfolio Development, Dangote Group, Mr. Devakumar Edwin, conducting the Minister of Information and Culture, Alhaji Lai Mohammed, round the Dangote Refinery complex in Ibeju-Lekki, Lagos, on Sunday.

Nigeria begins Urea Fertiliser export to U.S., Brazil, others

Ayorinde Oluokun

4 years ago

President Muhammadu Buhari on March 22 inaugurated the Dangote Fertiliser Plant which is Africa’s largest granulated Urea fertiliser complex

Solanke-Ebhojie joins BCG Nigeria as partner

Nimot Sulaimon

4 years ago

In her new position as Partner and Associate Director, Solanke-Ebhojie will lead the BCG’s energy and infrastructure practice in Nigeria.
Mutilated Naira notes

CBN vows to punish banks for depositing mutilated Naira notes

PM NEWS Editor

4 years ago

CBN said that henceforth, composed banknotes discovered in the deposit of DMBs shall attract a penalty of 400 per cent…
Tijani Babatunde Folawiyo

I don’t owe you: Lagos bizman Tunde Folawiyo tackles AMCON

Kazeem Ugbodaga

4 years ago

Lagos lawyer Funke Agbor SAN, in an application said AMCON sued Folawiyo on 17 July 2020 based on a previous…
Keystone Bank Limited

Keystone Bank reopens revamped Ikota-VGC, Lagos branch

PM NEWS Live

4 years ago

Keystone Bank Limited is a technology and service-driven commercial bank, offering tailor-made convenient and reliable solutions to customers' needs.
President Muhammadu Buhari welcomes Microsoft's Brad Smith for the $200m African Development Centre

Buhari welcomes Microsoft’s African Development Centre

Nimot Sulaimon

4 years ago

The president told the visiting Microsoft team that as the largest economy and most populous country in Africa, Nigeria is…

Keystone Bank reopens revamped Ikota -VGC branch

Nimot Sulaimon

4 years ago

This is in line with its drive to reach a wider audience and meet the needs of customers in the…
Journalists on facility tour of Innoson Vehicle Manufacturing plant in Nnewi on Friday

Innoson Group to establish Owerri manufacturing plant

PM NEWS Live

4 years ago

Chief Innocent Chukwuma, Chairman, Innoson Group, made the disclosure when he received members of the Correspondents’ Chapel, on a facility…
NIPOST

NIPOST introduces e-commerce, financial services

PM NEWS Editor

4 years ago

By Alex Enebeli/Enugu The Nigerian Postal Service (NIPOST) said it has introduced financial services, E-commerce and logistics for effective service…
Buhari govt. will not deliver Ajaokuta steel: Minister Adegbite admits

Ajaokuta Steel defeats Buhari govt: Minister Adegbite

Michael Adesina

4 years ago

The development of the steel mill was started in the 1970s but has evaded completion several decades after.
Association of Licensed Telecommunications Operators of Nigeria (ALTON)

Telecom operators mull tariff hike, warns of blackout in 10 states

PM NEWS Editor

4 years ago

The Chairman of ALTON, Mr Gbenga Adebayo, told newsmen on Thursday in Lagos that the high cost of energy and…
The corporate headquarters of Gazprom Germania, the German unit of Russian natural gas company Gazprom

Germany mulls nationalising Russian oil firms Gazprom, Rosneft

PM NEWS Editor

4 years ago

According to business daily Handelsblatt, the discussions between top ministry officials and Chancellor Olaf Scholz aim to prevent massive power…
crude oil tanks at Cushing oil hub US

Biden to release 180m barrels of crude oil to crash prices

PM NEWS Editor

4 years ago

The release from May is the largest release ever from the U.S. emergency oil reserve.
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