Business

17 Chinese, 10 Nigerians arrested for illegal mining in Osun

Kazeem Ugbodaga

6 years ago

The Osun Joint Task Force charged with fighting assorted crimes, has apprehended 27 persons suspected to be illegal miners in…

JUST IN: Stop the retrenchment now, CBN orders Banks

Kazeem Ugbodaga

6 years ago

The Central Bank of Nigeria, CBN, has ordered banks to stop any form of retrenchment of workers now.

Australia, China, India store cheap oil in strategic reserves

PM NEWS Editor

6 years ago

Some crude oil-hungry Asian nations, including Australia are taking advantage of the collapse in prices caused by the coronavirus pandemic…

Fani-Kayode to Wigwe: You gave FG N1bn, sack hundreds, shame on you

Kazeem Ugbodaga

6 years ago

Critic, Femi Fani-Kayode has berated the Managing Director of Access Bank, Herbert Wigwe for sacking hundreds of staff after giving…

Warren Buffet’s Berkshire Hathaway makes $50b loss in Q1

PM NEWS Editor

6 years ago

Warren Buffett's Berkshire Hathaway Inc. reported a record $49.75 billion first-quarter net loss on Saturday at the annual general meeting.

Gilead Science donates 1.5m vials of coronavirus drug to U.S. Hospitals

PM NEWS Editor

6 years ago

Gilead Science Inc, maker of the coronavirus drug remdesivir said it will be donating 1.5 million vials of the drug…

Rolls Royce set to trim staff

PM NEWS Editor

6 years ago

British aero-engine maker Rolls-Royce Holdings is considering cutting up to 15% of its workforce, as customers cut production and airlines…

Tiff Macklem appointed governor Bank of Canada

PM NEWS Editor

6 years ago

Tiff Macklem, Dean of the University of Toronto’s Business School, was appointed the governor of the Bank of Canada on…

Interswitch Group unveils coordinated interventions against COVID-19

PM NEWS Live

6 years ago

Interswitch Group, one of Africa’s leading integrated payment and digital commerce players has announced a series of intervention measures as…

Lockdown: Access Bank plans to cut workers’ salaries

Kazeem Ugbodaga

6 years ago

Access Bank PLC is planning to cut salaries of its workers to prevent job losses as lockdown occasioned by coronavirus…

National Lottery Commission faults Lagos blacklisting some licensees as illegal operators

Kazeem Ugbodaga

6 years ago

The National Lottery Regulatory Commission (NLRC) has noted with dismay, series of publications recently by the Lagos State Lotteries Board…

Warren Buffet indicator points to imminent Wall Street crash

PM NEWS Editor

6 years ago

Another stock market crash is imminent, going by the warning signals from Warren Buffett's favourite stock-market indicator.

ConocoPhillips cuts Alaska oil production

PM NEWS Editor

6 years ago

ConocoPhillips, Alaska’s largest oil producer announced Thursday it will cut production by 100,000 barrels in June due to low prices…

Golden Penny Semolina: Disregard social media claims – NAFDAC

PM NEWS Live

6 years ago

The National Agency for Food and Drug Administration and Control (NAFDAC) has urged the general public to disregard the trending…

Lockdown: Bureau De Changers excited to resume

Taiwo Okanlawon

6 years ago

The Association of Bureau De Change Operators of Nigeria (ABCON) on Thursday said it had sensitised its members and put…

Google announces free video conferencing app

Nimot Sulaimon

6 years ago

Tech giant, Google on Wednesday announced 'Google Meet', a premium video-conferencing solution, free for its users.

Union Bank posts N42.6bn gross earnings in first quarter of 2020

Kazeem Ugbodaga

6 years ago

Union Bank of Nigeria Plc on Wednesday announced gross earnings of N42.6 billion in its unaudited financial statements for the…

Breaking: IMF approves $3.4b loan for Nigeria

PM NEWS Editor

6 years ago

The International Monetary Fund(IMF) has approved Nigeria’s request for $3.4 billion loan to fight the devastating effect of the COVID-19.

JUST IN: Senate gives Buhari nod to obtain N850bn loan

Kazeem Ugbodaga

6 years ago

The Nigerian Senate on Tuesday granted the request of President Muhammadu Buhari to obtain N850 billion fresh loan to fund…

Deutsche Bank denies U.S. Senators info on Trump accounts

PM NEWS Editor

6 years ago

Deutsche Bank has declined a request by prominent U.S. senators to provide information about the German lender’s recent business dealings…

Development Bank donates N100m to fight against COVID-19

Kazeem Ugbodaga

6 years ago

Development Bank of Nigeria Plc, DBN, has announced a donation of N100 million towards the fight against the deadly coronavirus…

Venezuelan oil price falls below $10

PM NEWS Editor

6 years ago

The price of Venezuelan oil has fallen to below $10 a barrel -- its lowest level in more than two…

Kanye West officially becomes billionaire

Taiwo Okanlawon

6 years ago

American rapper and business mogul, Kanye West has now been named a Billionaire by Forbes, making him the second American…

U.S. states to cut oil production

Taiwo Okanlawon

6 years ago

U.S. President Donald Trump has disclosed that Texas, Oklahoma, and North Dakota will cut their oil production, without giving specifics…

Industries resume production in Hubei China

Nimot Sulaimon

6 years ago

Over 98 percent of major industrial firms in central China's Hubei province have resumed work after months-long shutdown.

World Bank forecasts sharp fall in remittances to Nigeria, Africa, Asia

PM NEWS Editor

6 years ago

The World Bank said remittances will decline sharply by about 23.1 percent to sub-Nigeria and other Saharan African nations this…

Keystone Bank disowns ex-staff, Triple C Investment

Kazeem Ugbodaga

6 years ago

The management of Keystone Bank Limited, has alerted its teeming customers of the activities of one Mr. Obinna Onuselogu, who…

KIA shuts two assembly plants

PM NEWS Editor

6 years ago

Kia Motors said Thursday it will suspend two of its eight plants in South Korea due to the coronavirus impact.

How Nigeria can survive global oil collapse – Atiku

Kazeem Ugbodaga

6 years ago

Former Vice President, Atiku Abubakar has proffered solution on how Nigeria can survive the impact of global oil collapse on…

Osinbajo meets IMF, World Bank representatives

Kazeem Ugbodaga

6 years ago

Vice President Yemi Osinbajo is enlarging the pool of options open to Nigeria in achieving the Buhari Presidency plan to…

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