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Business

Buhari sets up panel to probe suspended NPA MD Hadiza Bala-Usman

Kazeem Ugbodaga

5 years ago

President Muhammadu Buhari has approved the setting up a panel of inquiry to probe the suspended Managing Director, Nigerian Port…
Abubakar Suleiman Sterling Bank CEO

Shareholders give Sterling Bank plaudits

PM NEWS Editor

5 years ago

Shareholders of Sterling Bank Plc have commended the board and management of the bank for resilience, improved performance and returns…
Naira

CBN’s Naira 4 dollar scheme extended indefinitely

Muhamin Olowoporoku

5 years ago

The Central Bank of Nigeria (CBN) has indefinitely extended its Naira 4-dollar scheme which was scheduled to end previously on…
Despite recording 22.4 percent increase in sale Nestlé Nigeria PLC, has declared N79.5bn Profit After Tax Loss for the 2023 financial year

Nestlé records N87.3bn revenue in Q1 2021

Michael Adesina

5 years ago

Nestlé Nigeria Plc said it recorded revenue of N87.3 billion in its financial results for the first quarter of 2021,…

Jeff Bezos sells $2 billion worth of his Amazon shares

Nimot Sulaimon

5 years ago

Amazon boss Jeff Bezos has sold nearly 2 billion dollars' worth of his shares in the online retailer this week.
Wheat

Wheat value chain important to Nigeria’s job creation, food security

PM NEWS Live

5 years ago

The wheat value chain continues to play key roles in providing employments for the active segment of the population while…
United Nigeria Airline

United Airlines increases flight frequencies on Lagos-Abuja route

PM NEWS Editor

5 years ago

By Yunus Yusuf/Ikeja United Nigeria Airlines announced an increased in its flight frequencies from Lagos to Abuja and verse versa…
L-R Angela Ellard and Anabel Gonzalez

Okonjo-Iweala appoints 2 women out of 4 WTO DDGs

PM NEWS Editor

5 years ago

WTO director-general, Ngozi Okonjo-Iweala has announced the appointment of her four Deputy Directors-General, with two women among them.
NAMA grounds operations of Arik Air over enforcement of the court judgment on $2.5m owed by the airline to Atlas Petroleum International Ltd.

Arik Air resumes Maiduguri flights

PM NEWS Editor

5 years ago

Arik Air said it will resume flights to Maiduguri, Borno state capital, from Nnamdi Azikiwe Airport Abuja from May 10.
MTN Nigeria Communications Plc generates N1.0 trillion in service revenue in first quarter of 2025, a 40.5 per cent increase from Q1 2024.

MTN hits N73.8bn profit in 2021 First quarter

Kazeem Ugbodaga

5 years ago

MTN Nigeria Communications says it has recorded a profit after tax of N73.8 billion in the first quarter of 2021.
Verizon sells Yahoo, AOL

Yahoo, AOL offloaded for $5billion

PM NEWS Editor

5 years ago

Verizon will sell its media group, including Yahoo and AOL to private equity firm Apollo Global Management for $5 billion,…
Magdalene Ajani, Hadiza Bala Usman and other visitors at the Lekki Deep Seaport on May Day

Lekki Deep Seaport will change Nigeria’s maritime economy

PM NEWS Editor

5 years ago

The Federal government said the Lekki Deep Seaport will be a significant game-changer in Nigeria’s Maritime economy with corresponding benefits…
Oba Otudeko

Oba Otudeko sacked FBN Holdings chairman speaks

PM NEWS Editor

5 years ago

Oba Otudeko, sacked chairman of the FBN Holdings and the man accused by the CBN of insider loan deals at…
Interswitch

Interswitch strengthening Fintech ecosystem through partnerships

PM NEWS Live

5 years ago

“Alone we can do so little; together we can do so much.” This statement aptly describes the success achieved in…
Jack Ma's Alibaba leads global firms in e-commerce

Global e-commerce sales hit $26.7 trillion, 3 Chinese firms in top 4

PM NEWS Editor

5 years ago

Global e-commerce sales jumped to $26.7 trillion globally in 2019, up 4% from 2018, and even grew higher in 2020…

How Mark Z Real Estate created millions of dollars

Michael Adesina

5 years ago

Mark Z, CEO and founder of Mark Z Real Estate Experts and Z Capital, has narrated how he built his…
Novarick Team

Workers’ Day: Novarick celebrates team productivity

PM NEWS Live

5 years ago

The management of Novarick Homes and Properties showered praises on the entire staff as they celebrate this year’s International Workers’…
L-R: Tokunbo Adodo, Vice President, Corporate Brands and Marketing; Dinesh Balsingh, Chief Commercial Officer (CCO); Emeka Oparah, Vice President, Corporate Communications & Corporate Social Responsibility and Seun Soladoye, Marketing Director, all of Airtel Nigeria at the media unveiling of Airtel New TV Commercial: ‘The Rainmaker’ in Lagos recently.

Airtel reaffirms commitment to reliable data experience

PM NEWS Live

5 years ago

Leading telecommunications services provider, Airtel Nigeria, has unveiled a thrilling Television Commercial (TVC) dubbed ‘The Rainmaker’.
The Federal Government says the African Aviation and Aerospace University (AAAU), Abuja, will open for registration from Sept. 26 to Nov. 18.

Hadi Sirika running one-man show in aviation sector, NUATE says

PM NEWS Editor

5 years ago

The National Union of Air Transport Employees (NUATE), has called out Minister of Aviation, Hadi Sirika for running a “one-man-show’’…
Reps accuse banks of perpetrating illegality by deducting inexplicable monies from customers without remittances.

Nigerian banks turn up mega profits despite COVID-19

PM NEWS Editor

5 years ago

Nigerian banks defied COVID-19 by posting higher profits in 2020 than in 2019, as shown by earnings released by the…
Ibukun Awosika

Ibukun Awosika breaks silence on sack as First Bank chairman

Kazeem Ugbodaga

5 years ago

Sacked First Bank chairman, Ibukun Awosika has broken the silence on her sack by the Central Bank of Nigeria, CBN.
First Bank MD/CEO Adeduntan resigns abruptly

First Bank confirms resumption of Adeduntan as CEO

PM NEWS Editor

5 years ago

First Bank has confirmed the return of Dr. Adesola Adeduntan as MD/CEO following the Central Bank of Nigeria intervention.
MainOne expands cloud business in West Africa

MainOne expands cloud business in West Africa

PM NEWS Editor

5 years ago

MainOne said it was responding to the increase in the adoption of Cloud technology by connecting businesses across west Africa…

Lusada-Igbesa Road unveiling’ll catapult Ogun’s GDP – Gboyega Isiaka

Kazeem Ugbodaga

5 years ago

Board Chairman, Ogun State Free Trade Zone, Prince Gboyega Nasir Isiaka has said the unveiling of the 10.25km Lusada -Igbesa…
Survivors, L-R Adeduntan, Eke and Shobo

First Bank tsunami: Eke, Adeduntan survive , Otudeko, Awosika ousted

PM NEWS Editor

5 years ago

U.K. Eke, managing director of First Bank Holdings and Adesola Adeduntan, the prematurely retired CEO of the bank have all…
CBN orders banks to publish names and BVN of defaulters

Breaking: CBN sacks all First Bank directors, appoints new ones

Kazeem Ugbodaga

5 years ago

The Central Bank of Nigeria, CBN, has sacked all First Bank of Nigeria (FBN) directors and appointed new ones with…
Olusegun Ogunsanya

Olusegun Ogunsanya appointed CEO Airtel Africa

Muhamin Olowoporoku

5 years ago

Airtel on Thursday announced Olusegun Ogunsanya, Managing Director Airtel Nigeria as Managing Director and CEO of its Africa subsidiary.
An Uber driver on the wheel

Uber to launch Uber Connect, UberX Hourly in Nigeria

PM NEWS Live

5 years ago

Uber has announced plans to launch the Uber Connect and Uber Hourly which will be available in Nigeria in the…

CBN queries First Bank

Nimot Sulaimon

5 years ago

The Central Bank of Nigeria (CBN) has queried the Board of the First Bank of Nigeria Plc for removing Dr…
OPEC Secretary -General Mohammad Barkindo

OPEC postpones anniversary celebration

PM NEWS Editor

5 years ago

The Organisation of Petroleum Exporting Countries (OPEC) has postponed its 60th anniversary from second half of May till September, 2021.
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