Business

Sterling Bank records profit despite COVID-19 crisis

Michael Adesina

5 years ago

Sterling Bank Plc has reported a trading income of N7.1 billion for the third quarter (Q3) which ended Sept. 30,…

Dollar batters Naira further

PM NEWS Editor

5 years ago

The Nigerian Naira was battered further today by the US dollar and other currencies as it crashed to N478 in…

WorldRemit launches entrepreneurship programme in Africa

PM NEWS Live

5 years ago

International Money transfer company, WorldRemit, has launched its World Remit Entrepreneurs Programme in Africa. WorldRemit said in Nairobi that it…

Coconut Production: Lagos to partner FAO

PM NEWS Live

5 years ago

Lagos State coconut value chain which conservatively put in excess of N350 billion yearly is set to be activated as…

N69.4bn debt: AMCON takes over Jimoh Ibrahim’s assets, freezes accounts

Kazeem Ugbodaga

5 years ago

The Asset Management Corporation of Nigeria (AMCON) has taken over 12 prime assets belonging to business mogul, Jimoh Ibrahim over…

How Nigeria can maximise more revenue from oil – Wunti

Kazeem Ugbodaga

5 years ago

The Group General Manager of the National Petroleum Investment Management Services, Bala Wunti has said that the country needs to…

Access Bank, GE Healthcare to offer healthcare providers cost-efficient

Taiwo Okanlawon

5 years ago

As part of continued efforts to revamp Nigeria’s health sector, Access Bank has announced a partnership with GE Healthcare Systems…

AMCON strips Jimoh Ibrahim of prime assets, bank accounts

PM NEWS Editor

5 years ago

Twelve prime assets belonging to the Chairman of Global Fleet Group, Jimoh Ibrahim, have been seized by Asset Management Corporation…

DBN disburses N150 billion to MSMEs

Kazeem Ugbodaga

5 years ago

The Federal Government has stated that the Development Bank of Nigeria has disbursed over N150 billion since it commenced operations…

Institute, Chinese Embassy to partner on staff training

PM NEWS Live

5 years ago

Mr Ahmed Sule, Deputy Director, Media and Public Relations of NIHOTOUR, has said the National Institute for Hospitality and Tourism…

Entrepreneur, Mike Ciorrocco shares his story, lessons learned along the way

Taiwo Okanlawon

5 years ago

For Mike “C-Roc” Ciorrocco, success is measured by one's ability to help others.

LASU V-C wants Nigerians to embrace MSMEs

PM NEWS Live

5 years ago

Prof. Olanrewaju Fagbohun (SAN), the Vice-Chancellor of the Lagos State University (LASU), has urged Nigerians to embrace Micro, Small and…

Nestle, Dangote top losers as Nigerian stocks lose N279b

PM NEWS Editor

5 years ago

Nigeria's bourse closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion as profit taking…

Mercedes GLE SUV – All strength

Taiwo Okanlawon

5 years ago

Since its introduction to the Nigerian market last year, the GLE SUV has become one of the most sought-after vehicles…

Twitter appoints famous hacker Zatco head of security

PM NEWS Editor

5 years ago

Twitter has appointed Peiter Zatko, one of the world's best-regarded hackers to tackle everything from engineering missteps to misinformation.

TikTok enhances privacy with new family pairing options

Taiwo Okanlawon

5 years ago

TikTok, the leading destination for short-form mobile videos, today announced it will enhance privacy and browsing options for families by…

Afreximbank records $217m net income in 9 months

PM NEWS Editor

5 years ago

The African Export-Import Bank (Afreximbank) recorded net income of $217.06 million for the nine months ended Sept. 30 despite COVID-19…

How announcement of COVID-19 vaccine led to fuel hike – Sylva

Kazeem Ugbodaga

5 years ago

Minister of State for Petroleum Resource, Timipre Sylva has attributed hike in pump price of petrol to breakthrough in COVID-19…

Nigeria’s inflation spirals to 14.23 percent: NBS

PM NEWS Editor

5 years ago

Inflation in Nigeria rose by 0.52 per cent to 14.23 per cent in October, the National Bureau of Statistics (NBS)…

Libyan oil industry’s recovery and the rest of Africa, by NJ Ayuk

Ayorinde Oluokun

5 years ago

By NJ Ayuk If I called 2020 a terrible year for the oil industry, no one would take exception. Demand…

Korean Air to buy rival airline, Asiana

PM NEWS Live

5 years ago

Korean Airlines, South Korea’s largest carrier, says it wants to acquire its smaller domestic rival, Asiana Airlines.

Bajaj Auto launches ‘Bigger and Stronger’ RE 250 Superkeke

Taiwo Okanlawon

5 years ago

Bajaj Auto – the world’s largest manufacturer of 3-wheelers, has launched the most superior Keke ever seen in Nigeria, the…

Ardova to distribute Shell lubricants in Nigeria

PM NEWS Live

5 years ago

Ardova Plc has sealed a deal to be the major distributor of Shell lubricants in Nigeria, its Chief Executive Officer,…

Access Bank Receives Award Again

Ademola Adegbamigbe

5 years ago

Access Bank PLC has been recognized as the ‘Best Digital Bank in Africa’ by Asian Banker

Asia-Pacific countries form world’s biggest free trade bloc

PM NEWS Editor

5 years ago

Fifteen Asia-Pacific economies on Sunday formed the world’s largest free trade bloc, a China-backed deal that excludes the United States.

Imposing bread tax is wicked, embarrassment – Yahaya Bello

Kazeem Ugbodaga

5 years ago

The Governor of Kogi State, Alhaji Yahaya Bello, has dissociated from report that his administration has imposed a tax on…

Aiteo gets quit notice from Bayelsa community

PM NEWS Editor

5 years ago

The Opu-Nembe community in Nembe-Bassambiri, Nembe Local Government Area of Bayelsa has issued a quit notice to Aiteo Eastern Exploration…

Nigeria’s Naira sinks to lowest level in weeks

PM NEWS Editor

5 years ago

Nigeria’s Naira closed the week, falling to its weakest level in six weeks as Central Bank of Nigeria interventions failed…

Nigeria seeks fresh $750million World Bank loan

PM NEWS Editor

5 years ago

Nigeria is in the process of taking a fresh $750 million loan, from the World Bank to help states overcome…

NSE records first week loss

PM NEWS Live

5 years ago

The Nigerian Stock Exchange (NSE) on Friday recorded its first loss for the week, dropping by 0.86 per cent due…

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