Business

Amazon boss, Jeff Bezos now richer than before divorce

Nimot Sulaimon

6 years ago

Amazon has recorded a 4.4 percent surge in its stock value, making Jeff Bezos richer than he was, after his…

Buhari suspends NSITF boss Somefun, Kemi Nelson, 3 other directors

Kazeem Ugbodaga

6 years ago

Nigeria's President, Muhammadu Buhari on Thursday slammed an indefinite suspension on the Managing Director/Chief Executive of the Nigeria Social Insurance…

Sales of major U.S. automakers plunge

Isa Isawade

6 years ago

One of U.S. automakers, Fiat Chrysler Automobiles NV (FCA) has reported a 39 percent year-over-year drop in new-vehicle sales in…

Oil prices slip on demand fears as U.S virus cases surge

Isa Isawade

6 years ago

Oil prices dipped on Thursday after the United States recorded its biggest one-day spike in coronavirus cases and California re-imposed…

Breaking: FG announces dates for resumption of domestic flights in Lagos, Abuja, others

Kazeem Ugbodaga

6 years ago

The Federal Government on Wednesday announced that Lagos and Abuja airports will resume domestic operations from July 8, 2020.

Petrol price goes up to N140-143 range

PM NEWS Editor

6 years ago

The Petroleum Products Pricing Regulatory Agency (PPPRA), has fixed the pump price band of petrol at between N140.80 and N143.80…

Hate Speech: 400 brands including Coca Cola set to boycott Facebook

Michael Adesina

6 years ago

Advertisements for more than 400 brands, including Coca-Cola and Starbucks, are due to vanish from Facebook on Wednesday, after the…

Adesoji Adesugba new boss of NEPZA

PM NEWS Editor

6 years ago

President Muhammadu Buhari has appointed Prof. Adesoji Adesugba as the Managing Director, Nigeria Export Processing Zones Authority (NEPZA).

Saudi Arabia increases VAT to 15 percent from today

PM NEWS Editor

6 years ago

A new Value Added Tax(VAT) regime of 15 percent comes into effect in Saudi Arabia from today. The rate was…

Why we are divesting our shares in Pension Managers – AIICO Insurance

Isa Isawade

6 years ago

AIICO Insurance Plc on Tuesday said the move to divest its 70 per cent stake in AIICO Pension Managers Limited…

Atedo Peterside quits Cadbury board

PM NEWS Editor

6 years ago

Banker and businessman, Mr Atedo Peterside has resigned as Chairman of the Board of Directors of Cadbury Nigeria Plc.

MTN launches 5G network

Taiwo Okanlawon

6 years ago

MTN South Africa has launched its commercial 5G network, providing access to 100 sites across the country.

Ending the cable TV profiteering in Nigeria

PM NEWS Editor

6 years ago

The cable television service providers force their customers into a monthly regime of subscription, irrespective of the conditions of viewing,…

Buhari, Prince Salman discuss OPEC+ deal on phone

PM NEWS Editor

6 years ago

President Muhammadu Buhari in a phone chat with Saudi Crown Prince Mohammed bin Salman, have reviewed the current progress made…

Ease of doing business: Nigeria Govt merges CAC, Tax ID registrations

Michael Adesina

6 years ago

Business owners who register their organizations with the Corporate Affairs Commission (CAC) will now get a tax identification number without…

Buhari set for virtual flag-off Ajaokuta-Kaduna-Kano Gas Pipeline

PM NEWS Editor

6 years ago

President Muhammadu Buhari will tomorrow perform the flag-off of the building of the 40-inch x 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline…

Asia’s stocks retreat as virus threatens economic reopening

Taiwo Okanlawon

6 years ago

Asian share markets began the week with a cautious tone on Monday as the relentless spread of the coronavirus finally…

Stone crushing business recommended for Plateau youths

Isa Isawade

6 years ago

A Stone breaker at the Mazaram Ray Field Quarry, Jos, Mr Daniel Ayinzat, on Sunday advised youths in Plateau to…

Nigerians call out Access bank over double stamp charges

Nimot Sulaimon

6 years ago

Aggrieved Nigerians have taken to their social media pages to call out Access bank over repeated stamp-duty charges that was…

Eko Electric (EKEDC) announces date to commence new tariff

Isa Isawade

6 years ago

Eko Electricity Distribution Company (EKEDC) has announced that it would commence implementation of the upward review of electricity tariff from…

74% businesses stop operations due to COVID-19

Isa Isawade

6 years ago

Research reveals that 74.2 per cent of businesses in Nigeria stopped operating due to the Coronavirus (COVID-19) pandemic.

Baba Ijebu, Bet9Ja pay N1billion to Federal Govt to settle debt

PM NEWS Editor

6 years ago

Two frontline lottery operators in Nigeria, Premier Lotto a.k.a Baba Ijebu and KC Gaming, a.k.a Bet9ja have remitted N1billion to…

Google to pay content creators in Australia, Brazil, Germany

Nimot Sulaimon

6 years ago

Google on Thursday agreed to pay some media groups in Australia, Brazil and Germany for high-quality content, expecting to do…

COVID-19: FEC approves N2.3trn to address disruption of economy

Kazeem Ugbodaga

6 years ago

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N2.3 trillion stimulus package to support…

AfDB ranked 4th in transparency among global development institutions

PM NEWS Editor

6 years ago

The African Development Bank(AfDB) has been ranked fourth out of 47 global development institutions on 'Publish What You Fund' Aid…

World Bank approves $750m loan for Nigeria’s power sector

PM NEWS Editor

6 years ago

The World Bank has approved $750 million International Development Association (IDA) credit for Nigeria’s Power Sector Recovery Operation (PSRO), to…

Venezuelan oil tankers with 18.1m barrels stuck at sea

PM NEWS Editor

6 years ago

Sixteen Venezuelan oil tankers carrying 18.1 million barrels are stuck at sea as global refiners shun the crude to avoid…

Travel, tourism, most hit by COVID-19 – Travel Founder

Kazeem Ugbodaga

6 years ago

US-based Nigerian travel expert and founder of a travel outfit known as Jetblack Travel, Dr Alexander Oladele has expressed optimism…

MTN subscribers send 3.71 billion free SMS

PM NEWS Editor

6 years ago

Ferdi Moolman, the MTN Nigeria CEO said that the network had provided 3.71 billion free Short Message Service (SMS) for…

2 percent of Volkswagen workers contract coronavirus

PM NEWS Editor

6 years ago

Volkswagen AG’s Mexican unit said about two per cent of its workers tested for coronavirus had contracted the disease at…

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