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Business

Minister of Labour Chris Ngige to meet JOHESU members

N48 billion looted in NSITF, new board inaugurated

PM NEWS Editor

5 years ago

The Minister of Labour and Employment, Sen. Chris Ngige said N48 billion has been looted from the Nigeria Insurance Trust…

Keystone Bank, Nasarawa vaccinate 1,000 students, teachers against typhoid

Kazeem Ugbodaga

5 years ago

Keystone Bank Limited in partnership with the Nasarawa State government on May 21, 2021 vaccinated over 1000 students and teachers…

Dangote Cement assures customers of more supply

Ademola Adegbamigbe

5 years ago

Dangote Cement assures customers of more supplies
Yomi Badejo-Okusanya

APRA President reiterates need for more public relations

PM NEWS Live

5 years ago

The President, African Public Relations Association, Yomi Badejo-Okusanya has reiterated the need for institutions in Africa to embrace public relations.
Sarki Auwalu, director DPR

Marginal field investors get award letters Monday: DPR

PM NEWS Editor

5 years ago

The Department of Petroleum Resources (DPR) said it has concluded arrangements to issue award letters to successful investors in the…
Ade Ayeyemi: Ecobank Group posts better performance in 2020 than in 2019

Ecobank Transnational Inc. returns higher profit

PM NEWS Editor

5 years ago

Ecobank Transnational Incorporated Plc (ETI) posted $201 million profit in 2020 compared with $184 million recorded in 2019.
Italian, German criminals now use Bitcoin

Bitcoin slumps again

PM NEWS Editor

5 years ago

It was another bruising session for Bitcoin as it slumped on Friday to its lowest this week, taking its May…
Naira

Naira crashes to almost N500 to US dollar

PM NEWS Editor

5 years ago

The Nigerian Naira has suffered two consecutive days of melt down in the unofficial market as it tumbles by about…
Mele Kyari

NNPC records 314% Increase in trading surplus

PM NEWS Editor

5 years ago

Nigerian National Petroleum Corporation (NNPC) has announced a ₦39.85billion trading surplus for February 2021, representing a 314.24% leap from the…

“Women can add $14.58 billion to e-Commerce in Africa”

Kazeem Ugbodaga

5 years ago

A new report published today by the International Finance Corporation (IFC) in partnership with Africa’s leading e-commerce firm Jumia, has said…
President Bola Tinubu confers national honour of Commander of the Order of the Federal Republic Benedict Oramah, President Afreximbank

Afreximbank records $87.3m profit in Q1

PM NEWS Editor

5 years ago

The African Export-Import Bank (Afreximbank) has reported a net income of $87.3 million in the first quarter of 2021, a…

CWBN Nigeria, official partner of Nigeria International Petroleum Summit

PM NEWS Live

5 years ago

The Commonwealth Businesswomen Network (CBWN) Nigeria is now the official partner of the Nigeria International Petroleum Summit (NIPS) taking place…
Godwin Emefiele

Most cryptocurrency transactions are illegitimate – Emefiele

Muhamin Olowoporoku

5 years ago

Godwin Emefiele, governor of the Central bank of Nigeria has said that most transactions conducted in cryptocurrencies are illegitimate. The…
EFCC's Mr Bawa Usman Kaltungo at a roundtable discussion with Compliance Officers of various commercial banks.

EFCC: Not compulsory all Nigerians should have bank accounts

Muhamin Olowoporoku

5 years ago

Mr. Bawa Usman Kaltungo, Zonal Head of the Economic and Financial Crimes Commission (EFCC), in Sokoto, said that it is…
L-R Managing Director, Nigerian Agip Exploration Ltd, Mr. Roberto Daniele; Managing Director, Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Mr. Bayo Ojulari; Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari; Managing Director, Total Exploration and Production Nigeria Ltd, Mr. Mike Sangster; and Managing Director, Esso Exploration and Production Nigeria Ltd, Mr. Richard Lain

NNPC, SNEPCo, others sign OML 118 renewal agreements

Taiwo Okanlawon

5 years ago

The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners  have signed agreements to renew Oil Mining…
Naira

ICYMI: CBN quietly devalues the Naira

PM NEWS Editor

5 years ago

The Naira has now been officially devalued from N379 to N410.25, according to NAFEX rate released by CBN on Monday…

Lagos attracts $8.32 billion foreign investments in two years

Kazeem Ugbodaga

5 years ago

The Lagos State Government on Tuesday said it has attracted investment worth $8.32 billion into the state in the last…
FG orders immediate deployment of 5G network

Where is Nigeria on Digital Economic Transformation Journey?

Kazeem Ugbodaga

5 years ago

The power of Information and Communication Technology (ICT) as an enabler of innovation and economic growth has been well documented.

TikTok CEO Zhang Yiming resigns

Nimot Sulaimon

5 years ago

Zhang Yiming, the Chief Executive Officer of TikTok, has resigned with a net worth of $44bn to read books and…
Aliko Dangote meets President Samia Suluhu Hassan of Tanzania

Dangote promises more investment in Tanzania

PM NEWS Editor

5 years ago

Africa's richest man Aliko Dangote, who owns the largest cement factory in Tanzania, on Monday pledged to put up more…

Seplat holds 8th annual meeting with stakeholders

Nimot Sulaimon

5 years ago

Seplat Petroleum Development Company Plc held its hybrid 8th Annual General Meeting (AGM) with shareholders, auditors, regulators, company directors, and…
Adewale Wally Adeyemo U.S. deputy treasury secretary

Wally Adeyemo expects G7 backing for 15% global corporate tax

PM NEWS Editor

5 years ago

U.S. Treasury Deputy Secretary, Wally Adeyemo, said he expects strong backing from G7 peers for Washington’s proposed 15 per cent-plus…
BUA slashes cement price to N3,500 per bag

BUA Cement record N115b bond listed on FMDQ Securities Exchange

PM NEWS Editor

5 years ago

FMDQ Securities Exchange Ltd has announced the listing of the BUA Cement Plc N115 billion series 1 fixed rate senior…
L-R: Director, External Affairs and Sustainability, Dr. Chioma Nwachuku; Operations Director, Seplat, Effiong Okon; Shareholder/ Member Statutory Audit Committee, Sir Sunny Nwosu; Chairman, Seplat, Dr. ABC Orjiako; Shareholder/ Member Statutory Audit Committee, Dr. Faruk Umar; Chief Executive Officer, Seplat, Roger Brown; and Company Secretary/General Counsel, Edith Onwuchekwa, at Seplat’s hybrid 8th Annual General Meeting held at the company’s headquarters in Lagos … on Thursday.

Seplat’s capital investment drive shareholders’ fortune

PM NEWS Live

5 years ago

Seplat Petroleum Development Company Plc, recently held its hybrid 8th Annual General Meeting (AGM) with physical and virtual attendance.
Bitcoin

Bitcoin free-fall continues, down by 50% since April

PM NEWS Editor

5 years ago

Bitcoin free-fall continued on Sunday, with a further 13% depreciation after it suffered another sell-off that left it down nearly…
Lawyer and rights activist, Femi Falana, (SAN) opposes ex-President of NBA, Olisa Agbakoba (SAN) on the legal status of EFCC.

It is illegal for Nigerian governors to fix price of petrol – Falana

Kazeem Ugbodaga

5 years ago

Human rights lawyer, Femi Falana at the weekend said it is illegal for Nigerian Governors Forum to fix the price…
NCC says it will impose appropriate sanction on internet service provider, Starlink, for increasing its subscription packages without approval.

We didn’t ask subscribers to submit phone IDs – NCC

Kazeem Ugbodaga

5 years ago

The Nigerian Communications Commission, NCC,  has debunked reports that it asked phone users to submit  the International Mobile Equipment Identity…

Employment: West African Students Praise Dangote, Task Regional Leaders

Ademola Adegbamigbe

5 years ago

West African Student’s Union commends the aggressive employment generation drive of the Aliko Dangote-led companies, urging other wealthy West African…

JUST IN: No plan to increase fuel price in June – FG

Kazeem Ugbodaga

5 years ago

The Federal Government on Friday said there is no plan to increase the price of Premium Motor Spirit (PMS) in…

Lagos hits N127bn IGR in first quarter of 2021 

Kazeem Ugbodaga

5 years ago

The Lagos State Government on Thursday disclosed that it raked in N127 billion as Internally Generated Revenue (IGR) in the…
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