Business

Brent crude price crosses $60 mark

PM NEWS Editor

7 years ago

Oil prices on Friday clawed back the previous day’s losses, with Brent nudging above $60 a barrel, as tighter supplies…

African LNG to attract $103 billion in 2019

Kazeem Ugbodaga

7 years ago

Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas…

Quantas tests 19-hour non-stop flights, first in aviation history

PM NEWS Editor

7 years ago

Australia's national carrier Qantas will begin to test flights for three ultra-long haul services that are set to become the…

Oil prices rise, still below Nigeria’s budget benchmark

PM NEWS Editor

7 years ago

Crude oil prices edged up on Tuesday on optimism U.S.-China trade tensions will ease and on hopes major economies will…

10 Dangers you must avoid when starting poultry business

Isa Isawade

7 years ago

Poultry business could be very lucrative and profitable if it is embarked upon with full information about the dos and…

NNPC announces new DSDP bid winners

Kazeem Ugbodaga

7 years ago

In line with its avowed commitment to transparency and accountability in all its activities as committed by the new Group…

NIMASA opens command centre for Deep Blue Project

PM NEWS Editor

7 years ago

The Command, Control, Computer Communication and information otherwise known as the C4i Centre of the Deep Blue Project has commenced…

Read Nigeria’s full statement on $9b UK judgment

PM NEWS Editor

7 years ago

Here is the full text of the statement issued Friday night by Mr. Dayo Apata, Nigeria's Solicitor-General , following a…

NSE: Market indicators dip further by 0.47%

Michael Adesina

7 years ago

Transactions on the floor of Nigerian Stock Exchange (NSE) declined profile on Friday with crucial market indicators dropping by 0.47…

Nigeria will appeal $9b judgment: Solicitor-general

PM NEWS Editor

7 years ago

Mr. Dayo Apata, the solicitor-general of the Federation has said that the Nigerian government will appeal against Friday’s judgment by…

UNCTAD Sec-general Kituyi writes on stagnating investment flows

PM NEWS Editor

7 years ago

International investment flows have been weak for a decade. Last year, global foreign direct investment fell again, by 13%, the…

China pumps $16b in Nigeria’s oil industry

PM NEWS Editor

7 years ago

The Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr. Lu Yan Ji, said the company has invested…

26 US shale oil firms file for bankruptcy

PM NEWS Editor

7 years ago

Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of…

Asian stocks fall as global recession fears deepen

PM NEWS Editor

7 years ago

Asian stocks stumbled and oil prices extended a punishing sell-off on Thursday as investors feared an historic drop in long-term…

NETNG Executive Editor/COO Jide Taiwo Resigns

Kazeem Ugbodaga

7 years ago

After nearly three years at NET, journalist and media executive, Jide Taiwo has left his role as Chief Operating Officer…

Ecobank engages new set of graduates in training

Kazeem Ugbodaga

7 years ago

In keeping with its talent development strategy, a new set of Graduate Trainees have commenced their entry level development programme…

Reports: US heads towards recession

PM NEWS Editor

7 years ago

The US could be headed for a recession soon as the market’s most closely watched part of the yield curve…

Kobo360 Nigerian e-freight startup raises $20m from Goldman Sachs

PM NEWS Editor

7 years ago

Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million…

Verve Global Card launches 1st International Transaction in New York

Kazeem Ugbodaga

7 years ago

Verve, a leading payments technology and card business in Africa, and Discover Global Network, the payments brand of Discover, has…

Edo’s 6,000 bp/d modular refinery set to begin operation

Kazeem Ugbodaga

7 years ago

The Edo Refinery and Petrochemicals Limited, says it will soon commence operation at its 6,000 barrels per day (bpd) modular…

Egg glut is killing poultry business in Nigeria – Taiwo Adeoye

Isa Isawade

7 years ago

Mr. Taiwo Adeoye, a renowned animal scientist and President of the Animal Science Association of Nigeria (ASAN) is the Managing…

Trump exempts Chinese cell phones, laptops, toys, footwear from 1 Sept tariffs

PM NEWS Editor

7 years ago

Amidst recession fears, the Trump White House trade office announced Tuesday that it would exempt Chinese cellphones, laptops, toys, footwear…

US, China tariff war could trigger global recession in months:Morgan Stanley

PM NEWS Editor

7 years ago

Researchers at Morgan Stanley, a leading investment bank, have alerted that if US and China continue to heap increasing tariff…

Hong Kong airport reopens for flights

PM NEWS Editor

7 years ago

Flights resumed Tuesday at Hong Kong airport a day after a massive pro-democracy rally there forced the shutdown of the…

Congo will soon be Africa’s 3rd largest oil producer

PM NEWS Editor

7 years ago

An oil discovery in Republic of Congo could produce nearly 1 million barrels of oil per day, which will bring…

American shale oil business slips into calamity zone

PM NEWS Editor

7 years ago

The industry at one time likened shale oil production to a manufacturing operation, claiming that one could drill practically anywhere…

Outrage over Airtel’s network failure

Kazeem Ugbodaga

7 years ago

For users of Airtel in Nigeria, Saturday and Sunday were terrible days. The network suddenly went blank without explanation. Those…

InterswitchSPAK 2.0 Masterclass holds August 19

Kazeem Ugbodaga

7 years ago

Interswitch Group, a leading Pan-African integrated digital payment and commerce company, is set to host the second edition of the…

Zenith Bank boss Jim Ovia loses $64m

PM NEWS Editor

7 years ago

Jim Ovia, founder and chairman of Zenith Bank has lost close to $64 million in paper net worth over the…

Trump distrupts the market with comment on China

PM NEWS Editor

7 years ago

U.S. President Donald Trump on Friday said he was not ready to make a deal with China and even called…

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