Business

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…

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…

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…

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…

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.

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…

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…

Naira gains marginally against dollar at FOREX windows

PM NEWS Editor

6 years ago

The Naira on Monday gained marginally to the dollar at the Investors and Exporters (I &E) window closing at N389.25…

Buhari appoints 2 deputy commissioners for NAICOM

PM NEWS Editor

6 years ago

President Muhammadu Buhari has appointed Alhaji Sabiu Abubakar and Mr Oba Oluniyi as deputy Commissioners for Insurance, National Insurance Commission…

Export opportunities: Lagos to set up e-commerce hub for Agric. producers

Kazeem Ugbodaga

6 years ago

The Lagos State Government says it is planning to setup an e-commerce hub or platform for agriculture producers in the…

Amaechi reveals date for take-off of Abuja-Kaduna train service

Kazeem Ugbodaga

6 years ago

Minister of Transportation, Rotimi Amaechi, has announced that the Abuja-Kaduna rail service would resume on Wednesday, July 29, 2020.

FG stops NIPOST from increasing courier licence fees

Kazeem Ugbodaga

6 years ago

The Federal Government has stopped the Nigerian Postal Services, NIPOST, from implementing its new increase in obtaining licence fees and…

Warning: U.S. stock market in the middle of another tech bubble

PM NEWS Editor

6 years ago

The U.S. stock market would almost give the impression that the economy has experienced a V-shaped recession. It is an…

Prophet Samuel Launches PSAM Courier Service

Ademola Adegbamigbe

6 years ago

Prophet I.O. Samuel, founder of Shiloh Word Charpel, Abuja, Federal Capital Territory, Nigeria, has established an online business called PSAM…

God is the secret to my success – Automobile mogul, Adebayo

Kazeem Ugbodaga

6 years ago

The Chief Executive Officer of one of the leading automobile companies in Nigeria, Issa Adebayo of Still Autos Limited and…

Buhari gets September deadline to present 2021 budget to NASS

Kazeem Ugbodaga

6 years ago

President of the Senate, Ahmad Lawan, has asked the Executive arm of Government to work on the estimates for the…

NAMA says international flights can resume at any time

PM NEWS Editor

6 years ago

The Nigerian Airspace Management Agency (NAMA) has described as untrue, insinuations in some quarters that Nigerian airports would reopen for…

Stanbic IBTC Tasks Nigerians on House Ownership

Kazeem Ugbodaga

6 years ago

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has urged Nigerians to explore the benefits of homeownership by…

Access Bank Plc completes acquisition of Transnational Bank (Kenya) Plc

Michael Adesina

6 years ago

Access Bank Plc on Monday announced that it had successfully completed the acquisition of the Transnational Bank (Kenya) Plc following…

Renault electric car sales up, other vehicles drop

PM NEWS Editor

6 years ago

French carmaker Renault on Monday reported a 34.9% drop in worldwide vehicle sales in the first half of the year.

Zimbabwe accuses ECONET Wireless of money laundering

PM NEWS Editor

6 years ago

Zimbabwean police have accused the country's largest telecom operator ECONET Wireless of money laundering and issued a warrant for some…

British Airways retires fleet of Boeing 747 Jumbo Jet

PM NEWS Editor

6 years ago

UK flag carrier British Airways said Friday it is retiring its entire Boeing 747 "Jumbo Jet" fleet, following the slump…

Sanwo-Olu empowers indigent residents with N40m

Kazeem Ugbodaga

6 years ago

The Lagos State Governor, Babajide Sanwo-Olu has empowered 2,000 indigent residents of Lagos with N40 million as start-up capital for…

Top EU court to rule on Facebook data transfer to the U.S

Nimot Sulaimon

6 years ago

The European Court of Justice could on Thursday pause the transfer of private data between the European Union and the…

Lagos to implement additional reliefs for taxpayers

Isa Isawade

6 years ago

In furtherance of the commitment to mitigate the negative effect of COVID-19 pandemic on individuals and businesses, Lagos State Internal…

No escape for Nigeria’s chronic bank debtors from August

PM NEWS Editor

6 years ago

From August 1, Nigeria's tribe of chronic bank debtors will no longer be able to escape paying their debts

Credit guarantee: A tool for increased access to finance for MSMEs – DBN

Kazeem Ugbodaga

6 years ago

Current realities in Nigeria including the COVID-19 Pandemic has brought to light the urgent need for additional support in alleviating…

Trump claims credit for making UK ban Huawei

PM NEWS Editor

6 years ago

U.S. President Donald Trump said he was responsible for Prime Minister Boris Johnson’s decision to ban Huawei from Britain’s 5G…

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