Business

Lagos Assembly okays Sanwo-Olu’s re-ordering of N93.7bn from 2019 budget

Kazeem Ugbodaga

6 years ago

Lagos State House of Assembly has approved the re-ordering of N93,742,530,000 from the 2019 budget size by the state government.

Buhari orders CBN make funds available to textile firms

PM NEWS Editor

6 years ago

President Muhammadu Buhari on Tuesday mandated the Central Bank of Nigeria (CBN) to make special funds available for the local…

Chevron selling off Nigerian oil fields

PM NEWS Editor

6 years ago

Chevron is seeking to sell several Nigerian oilfields as part of a global drive to reshape its portfolio as it…

Ihedioha attracts $50m Afreximbank investment to Imo

PM NEWS Editor

6 years ago

Governor Emeka Ihedioha of Imo state has attracted a $50m investment into the state as the Africa Export Import Bank…

Verve Card formally announces its acceptance in Ghana

Kazeem Ugbodaga

6 years ago

Verve, a leading payments technology and card business in Africa, has partnered with the Ghana Interbank Payment and Settlement Systems…

Saudi Aramco rolls out IPO next week

PM NEWS Editor

6 years ago

Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct…

Why bankers must collaborate with govt – Ayeyemi

Isa Isawade

6 years ago

The Chief Executive Officer of Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, says it is important for Nigerian bankers to work…

GTBank removes charges for undergraduates

Kazeem Ugbodaga

6 years ago

If you are an undergraduate, between the ages of 16-25, then you can now bank for free with Guaranty Trust…

Buhari commended over Nigeria’s new rating by World Bank

Isa Isawade

6 years ago

A Public Affairs Analyst, Mr Carl Umegboro has commended President Muhammadu Buhari on the recent 15 places rise rating of…

Amazon baffled Microsoft got Pentagon’s $10b cloud computing contract

PM NEWS Editor

6 years ago

Amazon said Friday it was surprised the US Department of Defense, the Pentagon awarded a $10 billion cloud computing contract…

Microsoft edges Amazon to land Pentagon’s $10b cloud computing contract

PM NEWS Editor

6 years ago

Microsoft has won the $10 billion JEDI cloud computing contract, edging out rival Amazon, Pentagon announced on Friday.

Trump firm mulls selling Trump hotel in Washington D.C

PM NEWS Editor

6 years ago

The Trump Organization on Friday said it was exploring a sale of the rights to its Washington hotel, a property…

Ease of doing business: Togo is 97th, What is Nigeria celebrating?

PM NEWS Editor

6 years ago

President Muhammadu Buhari, Vice President Yemi Osinbajo and the ruling All Progressives Congress have been celebrating the latest World Bank…

Bill Gates set to topple Jeff Bezos as world’s richest

PM NEWS Editor

6 years ago

Amazon CEO Jeff Bezos is about to lose his spot as the world's richest person to Microsoft founder Bill Gates…

Twitter Inc. revenue hit by tech glitch, stocks fall

PM NEWS Editor

6 years ago

Twitter Inc posted worse-than-expected quarterly revenue and profit on Thursday, plagued by technical issues that hurt its advertising, and unusually…

Interswitch completes N23bn bond placement

Kazeem Ugbodaga

6 years ago

Following the registration of a N30 billion debt issuance programme with the Securities and Exchange Commission of Nigeria (SEC), Interswitch…

Tesla Inc surprises with Q3 profit

PM NEWS Editor

6 years ago

Tesla Inc shares soared on Wednesday after the company surprised investors by posting a profitable third quarter, boosted by record…

Senate President opens public hearing on 2020 budget

Kazeem Ugbodaga

6 years ago

President of the Senate, Ahmad Lawan, on Wednesday declared open a two-day public hearing on the 2020 budget which was…

Nigerians shall not live on rice alone

PM NEWS Editor

6 years ago

We cannot live on rice alone; at least we need protein in the mix – on that bowl of white,…

Boeing profit crashes, cash flow in red

PM NEWS Editor

6 years ago

Boeing Co reported a 53 per cent drop in quarterly profit on Wednesday as the world’s largest plane maker was…

Volume of coconut production in Lagos hits N10bn – Sanwo-Olu

Kazeem Ugbodaga

6 years ago

Lagos State Governor, Babajide Sanwo-Olu on Tuesday disclosed that the State has about two million coconut trees with an annual…

FBN Holdings gross profit goes up

PM NEWS Editor

6 years ago

FBN Holdings Plc on Monday said the non-performing loans (NPLs) ratio for its commercial bank reduced to 12. 6 per…

Interconnect charges debt: NCC bars Glo users from calling Airtel numbers

PM NEWS Editor

6 years ago

From October 28, Glomobile users will no longer be able to call numbers on Airtel Network, as the telecom regulator,…

Automobile Dealers threaten to sue Customs

Kazeem Ugbodaga

6 years ago

A group of Automobile dealers in Lagos State has threatened to drag the Nigerian Customs Service, NIS, to court over…

Boeing wants 737 Max back flying, passengers are scared

PM NEWS Editor

6 years ago

Just 19 percent of business travellers and 14 percent of leisure travellers would willingly take the 737 MAX within six…

CBN pumps $325m, CNY14m into forex market

PM NEWS Editor

6 years ago

The Central Bank of Nigeria (CBN) has injected $325.5million into the retail Secondary Market Intervention Sales (SMIS) and CNY14million in…

FG must improve on information flow on debt utilisation – Expert

Kazeem Ugbodaga

6 years ago

The Federal Government has been advised to improve on information flow on debt utilisation in the country. The advice was…

Stanbic IBTC rewards Long Serving Staff

Kazeem Ugbodaga

6 years ago

Stanbic IBTC Holdings PLC, a member of Standard Bank Group has held the 2019 edition of the company’s Long Service…

Apple topples Microsoft as world’s most valuable company

PM NEWS Editor

6 years ago

Apple has taken over the crown of world's most valuable company from Microsoft as its market capitalization on Friday morning…

Pakistan remains on terrorism financing watchlist: FATF

PM NEWS Editor

6 years ago

Pakistan will remain on the terrorism financing watchlist until February, a global watchdog said on Friday, warning that further action…

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