Business

APICORP posts USD54.8 million net profit in first half of 2020

Kazeem Ugbodaga

6 years ago

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced its half-year results for the six months ended…

CBN seizes accounts of Baba Ijebu’s Premier Lotto, 37 others

PM NEWS Editor

6 years ago

The Central Bank of Nigeria has ordered banks to freeze the accounts of 38 Nigerian companies, including Premier Lotto, owned…

Photos: Lagos Airport comes alive as international flight operations resume

Kazeem Ugbodaga

6 years ago

The Murtala Muhammed International Airport, Lagos, Southwest Nigeria has come alive as international flight operations resume today.

Ogun lawmakers okay Abiodun’s request to access N2.5bn CBN Fund

Kazeem Ugbodaga

6 years ago

Lawmakers in Ogun State House of Assembly have approved the request of the State Governor, Prince Dapo Abiodun seeking the…

Emirates set to resume flight to Lagos, Abuja

Muhamin Olowoporoku

6 years ago

Emirates has announced that passengers’ service to Lagos and Abuja would resume September 7 and 9 respectively

China mulls dumping US treasury bonds

PM NEWS Editor

6 years ago

China may gradually cut its $1.074 trillion holdings of U.S. Treasury bonds and notes, Chinese newspaper Global Times reported, quoting…

NNPC obtains US$1B to fund Upstream Operations of NPDC

Ademola Adegbamigbe

6 years ago

The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of approximately US$1b to support the upstream operations of…

RwandAir, Air France, KLM, Etihad, Lufthansa barred from Nigeria(Full Lists)

PM NEWS Editor

6 years ago

International flights will start arriving in Nigeria from 5 September, the Minister of Aviation, Sen. Hadi Sirika, said on Thursday.…

Relaxation of curfew: Night clubs, cinemas, bars remain closed – LASG

Kazeem Ugbodaga

6 years ago

The Lagos State Government on Thursday said it has not lifted the restrictions on opening of bars, restaurants, night clubs,…

Boscoinex launches super simple trading platform

PM NEWS Live

6 years ago

Boscoinexbtc, an Ogun State based digital currency trading company and one of the fast-rising BTC exchange platform with high credibility,…

Atiku to Buhari: Hike in electricity tariffs ill-timed, I reject it

Kazeem Ugbodaga

6 years ago

Former Vice President, Atiku Abubakar has rejected the hike in electricity tariffs by the government of President Muhammadu Buhari.

UBA Plc loses executive director Emeke Iweriebor, Elumelu mourns

PM NEWS Editor

6 years ago

Emeke Iweriebor, a group executive director in pan-African UBA Plc, has died. He died on Sunday at 51 after an…

Lagos to establish Coconut Processing Factory in Badagry

Kazeem Ugbodaga

6 years ago

The Lagos State Government has said it will establish a coconut processing factory in Badagry to further optimize the use…

NIDCOM felicitates Ukwani, Nigerian appointed in Bank of Kigali

Muhamin Olowoporoku

6 years ago

Obinna Ukwuani, a Nigerian recently appointed as the Chief Digital Officer at the Bank of Kigali has earned the praises…

UBA releases half year audited account, paying 17K interim dividend

PM NEWS Editor

6 years ago

Gross earnings for United Bank for Africa grew to N300.6 billion in the first half of this year despite the…

Petrol price shoots up to N162 per litre, PPPRA mum

PM NEWS Editor

6 years ago

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has set a pump price of N162 for petrol in the south…

Petrol depot price now N151.56/litre – NNPC

Taiwo Okanlawon

6 years ago

The ex-depot price of Premium Motor Spirit, also known as petrol, has been increased from N138.62 per litre to N151.56…

Nigeria approves $3b automation of Nigeria Customs Service, to be handled by private firm

PM NEWS Editor

6 years ago

Nigeria's Federal Executive Council (FEC) has approved $3.1 billion for the automation of the Nigeria Customs Service (NCS).

9mobile appoints Stjepan Udovicic chief commercial officer

Taiwo Okanlawon

6 years ago

Udovicic is experienced in driving growth across all market segments and brings onboard his competence and excellent grasp of general…

AfDB: Adesina seeks God’s wisdom as he begins second term

Taiwo Okanlawon

6 years ago

Dr. Akinwumi Adesina, re-elected president of the African Development Bank has asked God for wisdom following his swearing-in on Tuesday…

15million jump in Nigeria’s GSM subscribers in 5 months

PM NEWS Editor

6 years ago

The number of subscribers to GSM services in Nigeria increased by 15.3 million in five months, according to Prof. Umar…

Shoprite seeks vacation of restraining order on assets transfer

PM NEWS Editor

6 years ago

South African retail company, Shoprite Checkers (PTY) Limited, has filed an application seeking the discharge of the injunction restraining it…

Saudi Arabia postpones FII conference

PM NEWS Editor

6 years ago

Saudi Arabia has postponed till January next year its fourth Future Investment Initiative (FII) conference due to global travel issues…

US dollar, British pound fall against Naira

PM NEWS Editor

6 years ago

The US dollar, the much sought after currency in Nigeria slumped by 5.38% on Tuesday at Nigeria's parallel market, its…

JUST IN: Adesina sworn-in as AfDB President for second term, unveils vision

Kazeem Ugbodaga

6 years ago

Dr. Akinwumi Adesina was on Tuesday sworn-in as the President of African Development Bank, AfDB for a second term of…

Oil prices rise on falling U.S. dollar

Michael Adesina

6 years ago

Oil prices recovered on Tuesday, erasing overnight losses, as investors moved into risk assets and away from the safe-haven U.S.…

Akinwumi Adesina begins five-year second term today at AfDB

PM NEWS Editor

6 years ago

Dr. Akinwumi Adesina, re-elected president of the African Development Bank, will be sworn-in today to begin a second term of…

MultiChoice hikes DSTV, GOTV rates

Taiwo Okanlawon

6 years ago

Following MultiChoice's announcement to adjust subscriptions, subscribers are to pay more to view channels on DStv and GOtv networks with…

Cyber attackers hit website of New Zealand Stock Exchange

PM NEWS Editor

6 years ago

Cyber attackers have downed the website of the New Zealand Stock Exchange for the fifth day in a row.

Guardians of the Digital Age: U.S. Cybersecurity Experts Transforming the Future

Taiwo Okanlawon

6 years ago

By Temilade Ajayi In today’s digital era, cybersecurity is as essential as electricity or internet connectivity, acting as a crucial…

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