Business

Chanel cancels Beijing fashion show

PM NEWS Editor

6 years ago

French fashion house Chanel said Monday it was postponing a show set for May in Beijing following an outbreak of…

Adepeju Adebajo now Lumos Nigeria’s new CEO

Ademola Adegbamigbe

6 years ago

Mrs. Adepeju Adebajo was, on 17 February, appointed by Lumos Nigeria, a solar power and off-grid energy solutions provider, as…

Verve Launches ‘Live the Good Life Campaign’

Kazeem Ugbodaga

6 years ago

Verve, the largest domestic card scheme in Africa, recently launched a new campaign themed “Live the good life”. The campaign…

Sanwo-Olu calls for new revenue sources, sharing formula

Kazeem Ugbodaga

6 years ago

Lagos State Governor, Babajide Sanwo-Olu has called for the creation and boosting of new sources of export in Nigeria’s bid…

Contempt: Wema Bank’s MD, 6 other official must appear Tuesday – Court

Kazeem Ugbodaga

6 years ago

There is no reprieve yet for the Wema Bank Plc and its seven officials cited for contempt, as a Federal…

US court awards $265m damages to farmer over BASF dicamba chemical

PM NEWS Editor

6 years ago

A US jury has awarded $250 million in punitive damages to a Missouri farmer who blamed herbicide from chemical giants…

Japan suffers worst economic slump in 5 years

PM NEWS Editor

6 years ago

Japan has suffered its worst quarterly GDP contraction in more than five years, with a tax hike and a deadly…

Lagos begins Eko CIty Market, to upgrade Agric Value Chains

Kazeem Ugbodaga

6 years ago

Lagos State Government says its Eko City Farmers’ Market would upgrade the agricultural supply value chains in the State by…

Ogun Anchor Borrowers beneficiaries get account number ahead exercise

Kazeem Ugbodaga

6 years ago

Account opening exercise for verified subscribers of Anchor Borrowers’ Programme (ABP) across the 20 Local Government Areas of the State…

New Nigerian airline Green Africa Airways orders 50 Airbus A220-300 aircraft

PM NEWS Editor

6 years ago

A new Nigerian airline, Green Africa Airways that is yet to fly any route, has made an order for 50…

Lagos shuts 16 companies over N126.19m tax evasion

Kazeem Ugbodaga

6 years ago

The Lagos State Internal Revenue Service (LIRS) on Friday announced that it had shut 16 companies in the state over…

AfDB clarifies Africa’s debt

PM NEWS Live

6 years ago

The African Development Bank (AfDB) has clarified the debts incurred by Africa.

Amazon stops Microsoft’s $10billion JEDI contract

PM NEWS Editor

6 years ago

A U.S. judge on Thursday granted Amazon.com Inc’s request to temporarily halt the U.S. Department of Defense and Microsoft Corp…

FG, States, LG share N8.15trn in 2019

Kazeem Ugbodaga

6 years ago

The Nigeria Extractive Industries Transparency Initiative (NEITI) said the Federal, States, Local Governments and other statutory recipients by the Federation…

Tax waiver: Nigeria lost N1.3trn in 5 years – FIRS

Kazeem Ugbodaga

6 years ago

The Federal Inland Revenue Services (FIRS) says Nigeria lost N1.3 trillion to granting of tax waivers to companies operating in…

Nigeria has potential to feed Africa’s 1.2bn people – Ecobank

Kazeem Ugbodaga

6 years ago

Ecobank says Nigeria has the capacity to feed Africa’s estimated 1.2 billion people if it harnesses the gains of the…

321 British Airways stranded passengers lash out at airways

Kazeem Ugbodaga

6 years ago

Some passengers of British Airways enroute London and United States of America (USA) to Lagos, Nigeria have called for compensation…

Court gives Ifeanyi Ubah new date over N132b AMCON debt

PM NEWS Editor

6 years ago

Senator Ifeanyi Ubah and his Capital Oil and Gas Limited will now be arraigned on 2 April over fraudulent value…

Nigeria’s north east has one billion barrels of crude oil reserves

PM NEWS Editor

6 years ago

The Minister of State for Petroleum Resources, Chief Timipre Slyva, said that about one billion barrels of crude oil have…

Revamping of Port Harcourt refinery begins this quarter: Sylva

PM NEWS Editor

6 years ago

The Minister of State for Petroleum Resources, Chief Timipre Slyva, said the rehabilitation of the Port Harcourt refinery will begin…

CBN injects $210m into Forex Market

PM NEWS Live

6 years ago

The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange Market…

Tech guru, Elon Musk says Facebook is ‘lame’

Taiwo Okanlawon

6 years ago

Engineer and technology entrepreneur Elon Musk has taken another swipe at a social networking service company, Facebook, calling it 'lame.'

Keystone Bank, Afreximbank, others partner to promote African Creative Industry

Kazeem Ugbodaga

6 years ago

Keystone Bank Limited has re-emphasised its commitment to the growth and development of the Africa’s creative industry as the lender…

Scarcity looms as NUPENG suspends fuel distribution

Kazeem Ugbodaga

6 years ago

Most of the petroleum stations in Badagry communities have closed as the National Union of Petroleum and Natural Gas Workers…

Forex: CBN injects $218.41m, CNY 18m into retail secondary market

Kazeem Ugbodaga

6 years ago

The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million dollars into the retail Secondary Market Intervention…

Digital Marketing; Ecobank trains female entrepreneurs

Kazeem Ugbodaga

6 years ago

As part of its initiative to continuously encourage female entrepreneurs in the country, Ecobank Nigeria last week in Lagos trained…

Credit Suisse forces CEO Tidjane Thiam to resign

PM NEWS Editor

6 years ago

French-Ivorian CEO of Credit Suisse, Tidjane Thiam has resigned and would be replaced by the current head of the bank's…

Why youths should embrace agriculture now – Lawal

Isa Isawade

6 years ago

Lagos State Commissioner for Agriculture, Prince Gbolahan Lawal, has urged farmers particularly the youth farmers to take agriculture as a…

China cuts tariffs on $75b US goods

PM NEWS Editor

6 years ago

China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of…

Buhari, Economic Advisory Council discuss critical economic issues

Kazeem Ugbodaga

6 years ago

President Muhammadu Buhari Thursday received an important briefing by the new Economic Advisory Council (EAC), giving firm commitment that his…

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