Business

CBN hikes Banks’ Cash Reserves Ratio to 27.5 percent

Kazeem Ugbodaga

6 years ago

Nigeria's apex bank, Central Bank of Nigeria, CBN, has increased the Cash Reserves Ratio, CRR, of banks from 22.5 per…

Cotton sector: Cotton association partners CBN

PM NEWS Live

6 years ago

The National Cotton Association of Nigeria (NACOTAN), says it will partner with the Central Bank of Nigeria (CBN), to quickens…

NPA to tackle congestion at Lagos Port

PM NEWS Live

6 years ago

Nigerian Ports Authority (NPA) on Friday revealed that measures have been put in place to tackle congestion at the Lagos…

Dangote Foundation disburses N340m to Katsina women

PM NEWS Live

6 years ago

The Aliko Dangote Foundation has begun the disbursement of N340 million empowerment grants to 34,000 women in Katsina State.

Ajagbawa assumes office as PHED Managing Director

PM NEWS Live

6 years ago

Dr Henry Ajagbawa, a former executive director of Ecobank, has assumed duty as the new Managing Director/Chief Executive Officer, MD/CEO,…

Nestlé Nigeria relaunches Golden Morn

PM NEWS Live

6 years ago

Nestlé Nigeria Plc on Wednesday relaunched its Golden Morn brand, a product created and produced in Nigeria by Nigerians with…

Dapo Abiodun dangles bait before investors

Kazeem Ugbodaga

6 years ago

As part of efforts to improve the ease of doing business in Ogun State, Governor Dapo Abiodun has assured potential…

‘Princess of Huawei’ Meng’s US extradition hearing begins in Canada

PM NEWS Editor

6 years ago

Meng Wanzhou, the Huawei executive whose arrest in Vancouver badly strained Canada-China relations went to court on Monday to fight…

Photo News: Buhari holds bilateral meetings with World Bank, Ghanaian President

Kazeem Ugbodaga

6 years ago

Nigeria’s President, Muhammadu Buhari has held a Bilateral meetings with World Bank, Ghanaian President, Nana Akufo-Addo at the UK-Africa Summit…

Busted: EFCC seizes N45m fake notes, arrests syndicate

Kazeem Ugbodaga

6 years ago

Operatives of the Abuja Zonal Office of the Economic and Financial Crimes Commission, EFCC have arrested Badamasi Sule and Muhammad…

KEDCO loses electricity worth N52 billion

Michael Adesina

6 years ago

The Managing Director, Kano Electricity Distribution Company (KEDCO), Alhaji Jamilu Gwamna, said the company lost energy supplied to it by…

Court urged to wind up Med View Airlines

PM NEWS Editor

6 years ago

A Petroleum distribution company Asharami Synergy Plc has filed a winding up petition before Justice Chukwujekwu Aneke of the Federal…

Bank MD faces criminal charge for granting loan without security

Kazeem Ugbodaga

6 years ago

A criminal charge of reckless granting of loan without adequate security has been filed against the Managing Director of Mortgages…

Nigeria targets first 70 by 2023 in business ranking

Taiwo Okanlawon

6 years ago

The Secretary to Government of the Federation, SGF), Mr Boss Mustapha, has revealed that Nigeria targets to secure a position…

ICEN vows to revoke certificates of non performing members

Taiwo Okanlawon

6 years ago

The President of Institute of Chartered Economists of Nigeria (ICEN), Prof Ejiofor Chinedum has said the institute will begin to…

Buhari says partial border closure strengthens economy, security

PM NEWS Editor

6 years ago

President Muhammadu Buhari Saturday in London said that the partial closure of Nigeria’s borders is not meant to punish the…

Libyan state oil firm declares force majeure

PM NEWS Editor

6 years ago

Libyan state oil firm NOC has declared force majeure on oil exports from the eastern ports of Brega, Ras Lanuf,…

Ecobank partners NIRSAL, USAID, others on loans to Nigerian farmers

Kazeem Ugbodaga

6 years ago

Ecobank Nigeria Ltd is partnering with the Nigeria Incentive-based Risk-Sharing System for Agricultural Lending (NIRSAL), United States Agency for International…

Electricity company begins mass disconnection

PM NEWS Live

6 years ago

The Port Harcourt Electricity Distribution Company (PHED) says it has commenced mass disconnection of defaulting customers in the four states…

Association calls for improved welfare for doctors

PM NEWS Live

6 years ago

The National Association of General Medical and Dental Practitioners (NAGMDP), Kwara branch has called for improved welfare and upgrade of…

Google is now a $1 trillion company

Nimot Sulaimon

6 years ago

Google has recorded a milestone achievement of $1 trillion, joining the likes of Apple, Microsoft, and Amazon.

Osun to get specialised agricultural market

Taiwo Okanlawon

6 years ago

Osun State Commissioner for Agriculture and Food Security, Mr Adedayo Adewole has disclosed that the Federal Government plans to build…

Minister inaugurates FIRS board, announces date of new VAT regime

PM NEWS Editor

6 years ago

Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning said the implementation of the new regime of 7.5…

Google now $1trillion company

PM NEWS Editor

6 years ago

The market capitalisation of Google parent Alphabet topped the $1 trillion mark shortly before the close of trading on Thursday,…

Lagos Assembly amends Ambode’s obnoxious Property Land Use Charge Law

Kazeem Ugbodaga

6 years ago

The Lagos State House of Assembly has passed the Property Land Use Charge Bill into Law.

Standard Bank sponsors Multilateral UK-Africa Investment Summit

PM NEWS Live

6 years ago

Standard Bank, Africa’s largest banking group by assets, is partnering with the UK Government to sponsor the inaugural UK-Africa Investment…

Stanbic IBTC Bank Wins Best Foreign Exchange Provider Award

PM NEWS Live

6 years ago

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged the Best Foreign Exchange Provider in Nigeria…

Buhari nominates Kingsley Obiora as CBN deputy governor

PM NEWS Editor

6 years ago

President Muhammadu Buhari has sent the name of Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor…

Rivers to clampdown on petrol stations making illegal N50 surcharge

Kazeem Ugbodaga

6 years ago

Rivers State Government has vowed to clamp down on Operators of Point Of Sale, POS, especially at Petrol Stations, who…

Lottery Commission bans operation of unapproved foreign lottery

Kazeem Ugbodaga

6 years ago

The National Lottery Regulatory Commission has banned the operation, promotion, sale of tickets, and offer to the public of any…

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