Business

September bond auction raises N146.6 bn for FG – DMO

Michael Adesina

7 years ago

The Debt Management Office (DMO) says it raised N146.6 billion for the N150 billion offered for three instruments in the…

IMF board settles for Kristalina Georgieva as successor to Lagarde

PM NEWS Editor

7 years ago

The Executive Board of the International Monetary Fund (IMF) today selected Kristalina Georgieva, from Bulgaria, to serve as IMF Managing…

Needs of the poor must be addressed – Osinbajo

Ademola Adegbamigbe

7 years ago

Vice President Yemi Osinbajo has advocated that the concerns of young entrepreneurs, startups, small traders, millions at the bottom of…

No deal Brexit: EU car makers warn UK on billions of Euro and job losses

PM NEWS Editor

7 years ago

A month before Britain is due to quit the European Union, the bloc’s car-makers have joined forces to warn of…

Keystone Bank promotes climate action, sustainability

Kazeem Ugbodaga

7 years ago

Keystone Bank Limited has become one of the founding signatories of the Principles for Responsible Banking, committing to strategically align…

British tourists stranded worldwide as Thomas Cook goes bankrupt

PM NEWS Editor

7 years ago

Thousands of British holidaymakers, an estimate put them at 600,000 are facing problems all over the world over unpaid bills…

New NPDC-CPDC deal to fetch Nigeria $6.35b in taxes and royalties

PM NEWS Editor

7 years ago

The push by the Management of the Nigerian National Petroleum Corporation (NNPC) to increase crude oil production and grow the…

70,000 Borno farmers to benefit from CBN’s ABP

Isa Isawade

7 years ago

The Central Bank of Nigeria (CBN) says it has targeted about 70, 000 farmers and business under its Anchor Borrower…

Why CBN should sensitise Nigerians on cashless policy – don

Isa Isawade

7 years ago

Dr Aminu Usman, Head, Economics Department, Kaduna State University, has urged the Central Bank of Nigeria (CBN) to carry out…

NNPC refineries will come alive 2022, repairs begin January

PM NEWS Editor

7 years ago

Nigeria's refineries, located in Port Harcourt, Warri and Kaduna, will roar to life to refine crude oil at optimum capacity…

VerveCard scheme set to celebrate 10th anniversary

Kazeem Ugbodaga

7 years ago

Ten years ago, Verve, a leading payments technology and card scheme business in Africa, was launched by Interswitch Group to…

Firm loses $53,000 to email hackers

PM NEWS Editor

7 years ago

A company in Dubai has lost $53,000 (Dh194,700) after a cybercriminal hacked its email and then used a spoofed email…

Ecobank makes fresh appointments

Kazeem Ugbodaga

7 years ago

Ecobank Nigeria has announced the appointment of key Management Officers across various levels.

Keystone Bank rewards Verve card holders with free petrol

Kazeem Ugbodaga

7 years ago

Fastest growing financial services provider, Keystone Bank Limited in partnership with Verve International, has launched a promotion to reward its…

Reports: Pressure on Saudi billionaires to buy Aramco shares

PM NEWS Editor

7 years ago

Saudi Arabia is mounting pressure on wealthy nationals into taking part in Aramco’s upcoming IPO, The Financial Times and Bloomberg…

Ghana expects 850K tonnes of cocoa in 2019/20 season

Nimot Sulaimon

7 years ago

Ghana, the world’s second-largest cocoa producer, is expected to produce 850,000 tonnes of cocoa in 2019/20 season at the lower…

Huawei unveils Mate 30 series, world’s first 5G smartphone

PM NEWS Editor

7 years ago

China's telecom giant Huawei has unveiled its Mate 30 Series, the world's first second generation 5G smartphone, in Munich Germany.

Emefiele: Opportunities in fishing, $1.2billion spent on importation

PM NEWS Editor

7 years ago

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele said about $1.2 billion worth of fish is imported…

CBN to support nomadic herdsmen livestock production

Isa Isawade

7 years ago

The Central Bank of Nigeria (CBN) will support and integrate small holders, subsistence and nomadic herdsmen through its Anchor Borrowers…

Read what you lose for deposits or withdrawals above N500K

PM NEWS Editor

7 years ago

Banks have notified customers about the extra cash they will lose to the treasury when they make cash withdrawals above…

P&ID reacts to Abuja trial and conviction

PM NEWS Editor

7 years ago

Process and Industrial Developments Limited reacted to the trial and conviction of two of its directors in Abuja today and…

Court Convicts 2 P&ID Directors, Closes firm

PM NEWS Editor

7 years ago

The Economic and Financial Crimes Commission EFCC has secured the conviction of commercial director of Process and Industrial Developments Limited,…

Volkswagen, Porsche recall 227,000 cars for airbag, seatbelt problems

PM NEWS Editor

7 years ago

Volkswagen and Porsche have recalled around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany’s Stuttgarter Zeitung said…

European shares rise as banks lead gains

Nimot Sulaimon

7 years ago

European shares edged higher on Thursday, helped by a rise in banks after the U.S. Federal Reserve cut interest rates…

Domestic interest in Nigerian bourse wanes

PM NEWS Editor

7 years ago

Domestic transactions in the Nigerian Stock Exchange (NSE) has declined by 66.68 per cent compared with 12 years ago, a…

Iran bypasses SWIFT payment system, to dodge US sanctions

PM NEWS Editor

7 years ago

Iranian Central Bank (CBI) Head, Abdolnaser Hemmati, on Wednesday said the country is planning to evade American economic sanctions by…

Qatar Airways annual loss widens

Nimot Sulaimon

7 years ago

Qatar Airways reported a loss of 2.3 billion Qatari riyals or 639 million dollars on Wednesday for the year ended…

Federal Mortgage Bank seeks N500bn recapitalisation fund

Nimot Sulaimon

7 years ago

Mr. Umar Dankane, Executive Director, Business Development and Portfolio Management of the Federal Mortgage Bank of Nigeria has said that…

Ijebu-Ode bizman seeks to shut down Union Homes over N757m debt

PM NEWS Editor

7 years ago

A businessman, Afolorunso Yinusa, based in Ijebu-Ode Ogun state, South west Nigeria has dragged Union Homes Savings and Loans before…

A must-read for all owners of diesel-powered generators in Nigeria

PM NEWS Editor

7 years ago

Diesel prices are expected to surge as United Nations rules aimed at cleaning up international shipping come into effect on…

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