Business

Dangote Cement records N900b turnover, employs 54,000 workers

PM NEWS Editor

6 years ago

President of Dangote Group, Aliko Dangote has said that despite the challenging economic situation in 2019, Dangote Cement was able…

Unions oppose South Africa Airways rescue plan, vow court action

PM NEWS Editor

6 years ago

Two South African unions on Friday rejected job cuts proposed to rescue South African Airways from bankruptcy.

Suspects accused of looting South Africa’s bank docked

PM NEWS Editor

6 years ago

Seven suspects accused of taking $132.43 million from VBS Mutual bank in 2018 pleaded not guilty to 47 counts of…

“Africa’s main challenge is identifying different ecenomic classes – Ayikoi Otoo

Taiwo Okanlawon

6 years ago

The Ghanaian High Commissioner to Canada, Ayikoi Otoo, Esq has said one of Africa’s major challenges is identifying the different…

Nigeria enters U.S. good books on fiscal transparency

PM NEWS Editor

6 years ago

The United States has classified Nigeria among 14 countries that made “significant progress” towards meeting its minimum fiscal transparency requirements…

The system thinker: Adeleke Hassan rebuilding of Nigerian supply chains

Michael Adesina

6 years ago

Pelumi Sowemimo Supply chains in Nigeria are rarely linear. They move through a tangle of informal networks, improvised warehousing, and…

Netflix to support black creators, business owners with $5 million

Taiwo Okanlawon

6 years ago

American streaming platform, Netflix said it will donate $5 million to organizations dedicated to creating opportunities for Black creators, Black…

USAID trains rice farmers in Delta

Taiwo Okanlawon

6 years ago

Chief Silver Ejezie, Delta Chairman, Rice Farmers Association of Nigeria (RIFAN) says USAID has commenced a training programme for rice…

Dangote puts Nigeria on the world map

PM NEWS Editor

6 years ago

Dangote Cement put Nigeria on the world map with the exportation of 27,800 metric tonnes of clinker to a neighbouring…

BP takes $17.5b punch from coronavirus

PM NEWS Editor

6 years ago

British energy giant BP said Monday that it will take a hit of up to $17.5 billion in the second…

FBN Holdings wins World Finance award for the second time

PM NEWS Editor

6 years ago

FBN Holdings (FBNH) Plc, has won the 2020 Best Corporate Governance in Nigeria Award put in place by the World…

Saudi Aramco buys petrochem giant SABIC for $69.1b

PM NEWS Editor

6 years ago

Saudi Aramco has acquired 70 per cent shares of Saudi Basic Industries Corp (SABIC) for $69.1 billion. The acquisition was…

Alibaba launches shopping festival

Isa Isawade

6 years ago

E-commerce giant Alibaba launched its first shopping festival designed to promote intangible cultural heritage (ICH) on China's Cultural and Natural…

Nigeria fully complies with OPEC+ quota: Mele Kyari

PM NEWS Editor

6 years ago

With its current daily oil production, Nigeria has over-complied with its OPEC+ quota, Mele Kyari, the group managing director of…

Access Bank manager Nwaru Jerry Nnamdi charged with stealing N14m

Isa Isawade

6 years ago

Police in Lagos have charged the Ketu Branch Manager of Access Bank Plc, Mr Nwaru Jerry Nnamdi, with stealing N14m.

Twitter removes over 32,000 suspicious accounts

Nimot Sulaimon

6 years ago

Twitter on Friday removed more than 32,000 accounts for violating the social platform's manipulation policies.

Stallion Group unveils multi-brand auto sales portal

Isa Isawade

6 years ago

Stallion Group Nigeria, has unveiled its end-to-end digital multi brand portal, www.stallionafricar.com.

China suspends gasoline price adjustment

Isa Isawade

6 years ago

China's top economic planner said Thursday that it would keep domestic gasoline and diesel prices unchanged as the international crude…

Adesina reacts to AfDB Vice President’s resignation

Taiwo Okanlawon

6 years ago

President of the African Development Bank (AfDB), Akinwumi Adesina has reacted to the resignation of Jennifer Blanke, as vice president…

Jennifer Blanke quits as AfDB Vice President

PM NEWS Editor

6 years ago

Dr Jennifer Blanke, the African Development Bank (AfDB), Vice President for Agriculture, Human and Social Development, has resigned her appointment.

ZoomInfo founders become billionaires

PM NEWS Editor

6 years ago

ZoomInfo's three-day stock surge has turned founders Henry Schuck and Kirk Brown into billionaires.

Ghana plans to curb MTN’s market dominance

PM NEWS Editor

6 years ago

Ghana will implement a set of policies to reduce the dominance of MTN in the country’s telecommunications market, the government…

Oil prices rise as China’s imports hit all-time high

PM NEWS Editor

6 years ago

Oil prices climbed on Monday after OPEC+ agreed to extend a deal on record output cuts to the end of…

Agribusiness firm to create opportunity in rice to boost employment

Taiwo Okanlawon

6 years ago

The Chief Executive Officer, Santuscom Agro Hub, an Agribusiness firm, Mr Ofana Paul, has unveiled his plans to create employment…

World shares advance on surprise U.S. job recovery, oil steadies

Taiwo Okanlawon

6 years ago

Global share prices edged higher on Monday after a surprise recovery in U.S. employment provided cause for optimism that global…

China’s imports, exports in deep fall

PM NEWS Editor

6 years ago

China's exports and imports fell in May as the economic slowdown abroad started to take its toll, and after a…

OPEC, OPEC+ extend oil output cut till July (Details)

PM NEWS Editor

6 years ago

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC allies, known as OPEC+ have agreed to extend the 10-million-barrel-per-day (mbd)…

AfDB injects $288.5m loan into Nigeria’s treasury

PM NEWS Editor

6 years ago

The Board of Directors of the African Development Bank has approved a $288.5 million loan to help Nigeria tackle the…

Only 3.9m consumers metered by DISCOs, Kano, Kaduna, Yola worst performers

PM NEWS Editor

6 years ago

The Nigerian Electricity Regulatory Commission (NERC), says 62.3 per cent of electricity consumers in the country are still on estimated…

Beware of that fake diesel in town: NNPC warns

PM NEWS Editor

6 years ago

The Nigerian National Petroleum Corporation (NNPC), has raised an alarm over the prevalence of low grade and contaminated diesel in…

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