Business

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…

NNPC targets $10 production cost for crude

PM NEWS Editor

6 years ago

The NNPC said it is taking measures to bring down cost of crude oil production to 10 dollars per barrel…

Dangote, BUA drag down Nigerian Stock Exchange by N155bn

Isa Isawade

6 years ago

Profit taking was persistent on the Nigerian Stock Exchange (NSE) on Friday with investors net worth dropping further by N155…

Abe-Igi’ to wear new look – National Theatre management

Michael Adesina

6 years ago

Management of the National Theatre, Iganmu, Lagos, said plans are in top gear to give Abe-Igi, the popular open bar,…

Why Elon Musk called for Amazon’s dissolution

Nimot Sulaimon

6 years ago

Tesla CEO Elon Musk called for Jeff Bezos’s retail giant Amazon to be broken up, after the latter refused to…

AfDB Board backs Adesina, authorises review of ethics committee report

PM NEWS Editor

6 years ago

The African Development Bank’s (AfDB) board on Thursday said it stood by an internal investigation by its ethics committee that…

Petrol price to be determined by market forces: PPPRA

PM NEWS Editor

6 years ago

Henceforth the price of petrol in Nigeria, will be determined by market forces, the Petroleum Products Pricing Regulatory Agency (PPPRA)…

UPDC raises N16bn, prepares for unbundling, positions for growth

PM NEWS Live

6 years ago

UACN Property Development Company Plc (UPDC) held a virtual closing gong ceremony to mark its successful N16bn Rights Issue at…

Oil prices fall on doubts over output cuts

Isa Isawade

6 years ago

Oil prices dropped on Thursday, reversing Wednesday gains , on concern over whether major crude producers will be able to…

China eases ban on foreign flights after U.S targets its carriers

Isa Isawade

6 years ago

China said it will ease coronavirus restrictions to allow more foreign carriers to fly to the mainland, shortly after Washington…

How to report your errant Nigerian banks to CBN

PM NEWS Editor

6 years ago

If you have lost money in your accounts with Nigerian banks, you can seek redress through the Central Bank, by…

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