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Air Peace Ltd says a one-hour trip within Nigeria should cost no less than N500,000 as airlines spent at least N14 million operating it

COVID-19: Air Peace fires over 70 pilots

Kazeem Ugbodaga

6 years ago

Air Peace has fired over 70 pilots across its fleet types due to negative impact of COVID-19 pandemic.

LG Electronics targets 50 families for Free Wash Centre in Lagos

Taiwo Okanlawon

6 years ago

LG Electronics, last weekend, upgraded its Free Wash Centre in Ogba, Ikeja, suburb of Lagos, with new sets of commercial…
U.S. FTC accuses popular video-sharing app TikTok and its Chinese parent company ByteDance of failure to protect children’s privacy.

Microsoft confirms talks with ByteDance for TikTok

PM NEWS Editor

6 years ago

Microsoft Corp has confirmed talks with ByteDance to acquire the U.S. operations of the Chinese-owned short-video app TikTok.
oil prices

Oil prices fall as virus cases explode

PM NEWS Editor

6 years ago

Oil prices moved southwards on Monday on fears about the economic fallout from rising COVID-19 cases around the globe and…
Shoprite sold to Persianas

Just In: Shoprite announces plans to leave Nigeria, Nigerians react

Taiwo Okanlawon

6 years ago

Africa’s biggest grocery retailer, Shoprite, has announced plans to discontinue operations in Nigeria, after 15 years.

Amaechi explains sovereignty clause in $500m Chinese Railway loan

Kazeem Ugbodaga

6 years ago

Minister of Transportation, Rotimi Amaechi has explained that the clause ‘waiving sovereignty’ in the loan agreement between Nigeria and China…
Bitcoin effects on banking industry

Bitcoin price rises for first time since 2019

Nimot Sulaimon

6 years ago

The price of the Bitcoin cryptocurrency went up to $12,000 for the first time since August 2019.
Engr. Rauf Olaniyan

No going back on N100bn Bond for developmental projects – Oyo Dep. Gov.

Kazeem Ugbodaga

6 years ago

Oyo State Deputy Governor, Alhaji Rauf Olaniyan, on Saturday said the state government’s decision to finance developmental projects through N100…
Ibom Air

New Bombardier plane boosts Ibom Air Fleet

PM NEWS Editor

6 years ago

Ibom Air has received its 5th Bombardier CRJ900 aircraft, the second of the two additional aircraft purchased in Dec. 2019.

Microsoft in talks with Bytedance to buy TikTok: Bloomberg

PM NEWS Editor

6 years ago

Microsoft Corp. is exploring an acquisition of TikTok in the U.S., as President Donald Trump threatens to ban its operation.

Breaking: Trump set to ban TikTok in U.S.

PM NEWS Editor

6 years ago

President Donald Trump is expected to roll out an executive order today , banning TikTok from the United States.

Cathay Pacific Airways offers older pilots voluntary retirement

PM NEWS Editor

6 years ago

Cathay Pacific Airways Ltd said it will offer an early voluntary retirement scheme to its Hong Kong-based pilots, who are…
Apple loses $200 billion in valuation

Apple becomes world’s most valuable company

Taiwo Okanlawon

6 years ago

American tech company, Apple has become the most valuable company in the world on Friday after posting blockbuster quarterly earnings…

COVID-19: Impact on Nigerian Insurance Industry and role of Digitalisation

Kazeem Ugbodaga

6 years ago

The insurance landscape in Nigeria has tremendously evolved and this growth can be attributed to certain policies introduced to the…
Ecobank Group opens 2022 Fintech Challenge with $50,000 for grabs

Ecobank unveils special loan package for female entrepreneurs

Kazeem Ugbodaga

6 years ago

Ecobank Nigeria has unveiled a special loan package for female entrepreneurs in the country.

Eid el-Kabir: Interswitch assures Nigerians of seamless service

Kazeem Ugbodaga

6 years ago

Interswitch Group,a leading African digital payment and e-commerce company,has reiterated its commitment to ensure that there are no disruptions to…

Hayat Kimya unveils the new Molfix Air Dry Diaper

PM NEWS Live

6 years ago

HAYAT KIMYA, manufacturer of Nigeria’s number one choice diaper, MOLFIX is pleased to introduce their newest product, the MOLFIX Air…
Real reasons Ogun Speaker Oluomo was impeached

Ogun Assembly passes revised 2020 budget

Kazeem Ugbodaga

6 years ago

Ogun State House of Assembly has passed the 2020 Appropriation (Amendment) Law which seeks to reduce the annual budget from…

Sanwo-Olu earmarks N1bn seed capital to boost tourism growth

Kazeem Ugbodaga

6 years ago

Lagos State Governor, Babajide Sanwo-Olu has approved N1 billion seed capital for investment in tourism, as the state is set…

Tony Elumelu Foundation reaches out to Daniel Nejo

Taiwo Okanlawon

6 years ago

The Tony Elumelu foundation is an African non-profit organization founded in 2010 by Tony O. Elumelu and it is based…

UBA Plc appoints Aregbesola, Obeta, Hacko, 3 others as country heads

PM NEWS Editor

6 years ago

United Bank for Africa Plc (UBA), the leading pan-African financial services institution, announced the appointments of Rokia Hacko, Chioma Mang,…
Abubakar Suleiman Sterling Bank CEO

Sterling Bank takes banking to WhatsApp. How to get started

PM NEWS Editor

6 years ago

Sterling Bank Plc, one of Nigeria's leading commercial banks, today announced a personalised banking experience for existing customers and prospective…
Stefano Cao CEO Saipem

SAIPEM posts €616m loss in first half of 2020

PM NEWS Editor

6 years ago

Italian energy firm, Saipem has released its first half year results for 2020, with revenue of €4.5 billion, of which…

Lagos to establish N10bn Aquaculture Centre

Kazeem Ugbodaga

6 years ago

Lagos State Government is set to establish a N10 billion Aquaculture Centre in Igbonla, Epe under a Public Private Partnership…
Investors lose N1.14trn as NGX reacts to MPC decision

N70b wiped out of Nigerian Stock Exchange

PM NEWS Editor

6 years ago

The Nigerian Stock Exchage returned to negative territory on Tuesday with the market capitalisation shedding N70 billion due to losses…
NNPCL gives reason fuel price went up

Nigeria signs $1.5b pre-payment deal with oil traders Vitol, Matrix Energy

PM NEWS Editor

6 years ago

The NNPC has signed a $1.5 billion prepayment deal led by Standard Chartered and backed by oil traders Vitol Group…
IPOB paid millions of dollars to put Nigeria on religious watchlist - Garba Shehu

Aso Rock clarifies electricity export to Niger, Togo, Benin

PM NEWS Editor

6 years ago

Aso Rock has debunked a report that Nigeria exported $81.48billion of electricity to Niger, Benin and Togo.
Dr Akinwumi Adesina AfDB President.

All roads clear for reelection of Akinwumi Adesina as AfDB President

PM NEWS Editor

6 years ago

All roads are now clear for the re-election of Dr Akinwumi Adesina as President of African Development Bank(AfDB) for a…
World Food Prize Foundation appoints outgoing President of African Development Bank (AfDB), Dr Akinwumi Adesina to its Council of Advisors.

AfDB approves $27m to boost African Union’s COVID-19 Response Initiative

Kazeem Ugbodaga

6 years ago

The African Development Bank has approved $27.4 million in grants to boost the African Union’s (AU) efforts to mobilize continental…

FG announces closure of Air Peace evacuation of Nigerians from UK

Kazeem Ugbodaga

6 years ago

The Nigerian High Commission in the UK has announced the closure of Air Peace Evacuation flight from that country scheduled…
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