Business

Elon Musk seeks advice whether to sell Tesla shares

PM NEWS Editor

4 years ago

Musk said that he will abide by the results of the poll, whichever way it goes.

Counterfeit Naira notes drop to 13 pieces per one million

PM NEWS Editor

4 years ago

The ratio of counterfeit notes to volume of banknotes in circulation was 13 pieces per million, compared to 20 pieces…

Major General Muraina elected NIM President

PM NEWS Live

4 years ago

The Institute also elected Dr Christiana Vincent-Atako, former acting managing director, Niger Delta Development Commission (NNDC) as deputy president.

FineBricks launches Sherwood Court Estate

Taiwo Okanlawon

4 years ago

FineBricks Properties and Investment limited has a genuine burden of reducing the housing deficit in Nigeria by targeting specific market…

MTN profit soars, to sell 575M shares in Nigeria

PM NEWS Editor

4 years ago

Africa's leading telecoms firm said it plans to proceed with a public offer to sell up to 575 million shares…

Why serious players are shifting to Online Casinos

PM NEWS Live

4 years ago

The Nigerian gambling industry has emerged as a lucrative sector in recent years. It’s currently one of the fastest-growing gambling…

Falade appointed Director Company Board of Custodian Investment Plc

Taiwo Okanlawon

4 years ago

Until his appointment, Mr. Adeniyi Falade was the Managing Director of CAIL, the General Insurance business subsidiary and a non-Executive…

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.…

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.

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 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

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 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 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 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…

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

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,…

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 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…

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

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 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,…

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.

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

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.

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, 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 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…

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

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