Business

N4.7b Fraud: Another Judge Takes Over Babalakin’s Case

PM NEWS Live

13 years ago

The trial of the Chairman of Bi-Courtney Ltd., Wale Babalakin, accused of a N4.7 billion fraud, has been transferred to…

IATA: Airlines Passenger Traffic Soars

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13 years ago

World airline traffic expanded by 6.8 percent in August, enabling the industry to match an all-time record of 83.4 percent…

Nigeria bans import of foreign currencies

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13 years ago

The Central Bank of Nigeria (CBN) has banned the importation of all foreign currencies except with approval. According to a…

Estate of Nigeria’s anthem composer sues MTN

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13 years ago

The Estate of the composer of the National anthem, the late Pa Benedict Odiase, has sued telecommunications giant, MTN Nigeria…

Jonathan hands over power plants to new owners

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13 years ago

Nigeria’s Federal Government Monday in Abuja handed over share certificates and licences to new core owners of 15 of the…

Bank Grants N1.44bn Loans To Cassava Farmers

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13 years ago

The Bank of Agriculture (BOA) is to disburse N1.44 billion to cassava farmers in Sokoto State, northwest Nigeria. The State…

Nigerian Authorities Clarify New Aviation Charges For Private Jets

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13 years ago

The newly introduced general aviation charges in Nigeria are only for non-scheduled commercial operators and replace all previous charges, aviation…

Amnesty office trains 20 pilots in Germany

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13 years ago

Twenty commercial licensed pilots departed Lagos on Sunday for jet/type-rating training at the Lufthansa Pilot Institute, Germany. The pilots are…

Fashola unveils West Africa’s tallest hotel in Lagos

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13 years ago

Kazeem Ugbodaga Governor Babatunde Fashola of Lagos today unveiled the tallest hotel in West Africa, Intercontinental Lagos, built at a…

Nigerian Senate to resume public hearing on PIB

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13 years ago

The Nigerian Senate says it will resume another round of public hearing on the Petroleum Industry Bill (PIB) on 9…

29 oil thieves nabbed, 127 refineries smashed

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13 years ago

Nigeria’s Joint Military Task Force (JTF) in the Niger Delta has nabbed 29 oil thieves and destroyed 127 illegal oil…

DR Congo seizes 375 kilos of coltan bound for Rwanda

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13 years ago

Customs officers in the eastern Democratic Republic of Congo have seized 375 kilogrammes of coltan, a precious mineral used in…

Analysis: CBN battles money laundering

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13 years ago

Nigeria’s central bank has announced new measures to tackle money laundering it says is weakening the naira currency and risks…

CBN backs power reform with N109bn

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13 years ago

The Central Bank of Nigeria (CBN) says it has disbursed over N109 billion to 20 companies in support of the…

CBN releases names of sanctioned BDC operators

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13 years ago

Nigeria’s central bank has released the names of 20 Bureau De Change (BDC) operators whose licences were revoked for alleged…

BlackBerry Reports Deep Loss And Falling Revenue

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13 years ago

BlackBerry Ltd. reported a quarterly loss of nearly one billion dollars on Friday in line with last week’s warning. The…

Ostrich Farming: A Flourishing Agribusiness

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13 years ago

By Prince Arinze Onebunne Ostrich belongs to the family of giant birds known as Struthio camelus; Ostrich is a wild…

6 arrested over theft of gold bars on Air France

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13 years ago

French police on Friday arrested six men in and around Paris over their suspected involvement in the theft of gold…

5 bank fraudsters arrested

PM NEWS Live

13 years ago

Ayo Oluokun/Abuja Nigeria’s Economic and Financial Crimes Commission, EFCC, has arrested a five- man syndicate for attempting to defraud various…

Money laundering: CBN sacks 20 BDCs

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13 years ago

The Central Bank of Nigeria (CBN) has revoked the licence of 20 Bureau De Change (BDC) companies for foreign exchange…

NSE Market Capitalisation Records N4b Growth

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13 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) rose by N4 billion or 0.04 per cent on Thursday, as…

Chinese firm to build 2000 houses in Ogun state

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13 years ago

The Ogun State Government in western Nigeria and a Chinese Construction Company, the Citic Construction Ltd. have signed a memorandum…

Nigeria approves N29.7bn road, water projects

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13 years ago

Nigeria’s Federal Executive Council on Wednesday approved different projects valued at N29.7billion at a session presided over by Vice President…

Electricity restored at Lagos airport

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13 years ago

Simon Ateba/Aviation correspondent Electricity has been restored at the Murtala Muhammed international airport in Lagos, western Nigeria, following a power…

Arik Air, IATA sign Weblink agreement

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13 years ago

Simon Ateba/Aviation correspondent Nigeria’s largest airline, Arik Air, and the International Air Transport Association, IATA, have signed a weblink agreement,…

Arik Air, IATA Sign Weblink Agreement

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13 years ago

Nigeria’s largest airline, Arik Air, and the International Air Transport Association, IATA, have signed a weblink agreement, the airline said…

Plane grounded after snake found at doorway

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13 years ago

This Australian Government Department of Agriculture handout photo received on September 23, 2013 shows a small snake, identified as a…

Oil theft: Navy hands over 61 suspects to police

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13 years ago

The Central Naval Command of the Nigerian Navy in Yenagoa on Tuesday handed over 61 suspected oil thieves to the…

Protests in Sudan over fuel price hikes

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13 years ago

Sudanese demonstrators angry over oil price hikes set fire to the ruling party’s headquarters in the capital’s twin city of…

China building new airport terminals in Lagos, P-Harcourt

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent Chinese Civil Engineering Construction Corporation, CCECC, has started building new terminals at the Lagos and Port Harcourt…

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