Business

Africa’s Digital Migration Dialogue Begins In Dubai

PM NEWS Live

13 years ago

A galaxy of experts on digital broadcast technology today converged in Dubai, United Arab Emirates, UAE, to dialogue on issues…

400k barrels restored to Nigeria’s crude oil production

PM NEWS Live

13 years ago

Nigerian National Petroleum Corporation, NNPC on Sunday said a daily production of 400,000 barrels per day had been restored to…

New Power tariff: Groups petition UN against Nigeria

PM NEWS Live

13 years ago

The government of President Goodluck Jonathan faces rising pressure to reverse the recently introduced electricity tariff as the Nigerian Guild…

Aviation: Africa’s Risky Skies

PM NEWS Live

13 years ago

By Simon Ateba/Aviation correspondent Africa is the second most populous continent on earth after Asia with more than a billion…

Crude oil theft: Shell shuts key Nigerian pipeline again

PM NEWS Live

13 years ago

Royal Dutch Shell has closed a key Nigerian oil pipeline due to oil theft less than a week after it…

Igbos, other Africans making it big in China

PM NEWS Live

13 years ago

HONG KONG (AFP) – From a windowless room in a dilapidated Hong Kong high-rise, Ali Diallo sells Chinese electronics to…

Nigeria to fight oil thieves with N15 billion

PM NEWS Live

13 years ago

Nigeria’s Federal government has set aside the sum of N15 Billion for provision of equipment and logistics that will help…

Chatham House: Nigeria oil theft a global criminal enterprise

PM NEWS Live

13 years ago

Oil theft in Nigeria is a huge criminal operation affecting companies and states around the world, but interest in tackling…

World Stocks Rally After Fed Keeps Stimulus Intact

PM NEWS Live

13 years ago

Global stock markets soared on Thursday, especially in emerging economies, as investors welcomed the US Federal Reserve’s surprise decision to…

Osun state selling Nigeria’s first Islamic bond

PM NEWS Live

13 years ago

Nigeria’s Osun State has begun offering the country’s first Islamic bond, taking a major step towards developing an Islamic finance…

Ibori’s shares in Nigeria’s fertilizer firm listed for forfeiture

PM NEWS Live

13 years ago

Reuters (London)Jailed Nigerian former governor James Ibori used front men and shell companies to acquire a hidden stake in privatised…

UNCTAD warns on mono-culture agriculture, urges mosaic approach

PM NEWS Live

13 years ago

Farming in rich and poor nations alike should shift from monoculture towards greater varieties of crops, reduced use of fertilizers…

US Fed leaves stimulus unchanged at $85 bn

PM NEWS Live

13 years ago

The US Federal Reserve on Wednesday left its $85 billion a month stimulus program in place, against broad expectations that…

Suspected Oil Subsidy Thieves Face Criminal Charges

PM NEWS Live

13 years ago

A Federal High Court sitting in Lagos, southwest Nigeria, has adjourned till Thursday, a N3.2 billion oil subsidy criminal case…

Oando slumps for second day on Ibori shareholding

PM NEWS Live

13 years ago

Shares in Nigerian oil company Oando fell by almost the 10 percent limit allowed on the local stock exchange for…

Banks Warn Customers Over Scam Mails

PM NEWS Live

13 years ago

Some banks in Lagos on Tuesday warned customers not to respond to requests for their personal bank details over the…

Olokola FTZ project still on course, say Amosun

PM NEWS Live

13 years ago

Governor Ibikunle Amosun of Nigeria’s western state of Ogun on Tuesday said his government has not abandoned the multi-billion naira…

Court upholds 500-mn-euro fine against Berlusconi firm

PM NEWS Live

13 years ago

An Italian appeals court Tuesday upheld a fine of more than 500 million euros that Silvio Berlusconi’s Fininvest company must…

Liberian leader’s son resigns as state oil firm head

PM NEWS Live

13 years ago

The son of Liberian President Ellen Johnson Sirleaf has resigned as chairman of the state oil company, she said in…

IATA Boss Wants Safety Audit Mandatory For African Airlines

PM NEWS Live

13 years ago

Simon Ateba and Chioma Okike The International Air Transport Association, IATA, on Tuesday, urged African governments to make operational safety…

Nigeria’s oil thieves still on rampage as shipments fall again

PM NEWS Live

13 years ago

Nigeria’s Oil exports declined at a slower pace in the second quarter compared with the previous three months, Bloomberg quoting…

Disgraced ex-IMF chief gets a new job

PM NEWS Live

13 years ago

Disgraced former IMF chief Dominique Strauss-Kahn has gotten a new job in Serbia, as economic adviser. And he seems to…

China opens world’s highest airport in Tibet

PM NEWS Live

13 years ago

The world’s highest civilian airport has opened at an altitude of 4,411 metres on the Tibetan plateau in the south-western…

MTN Tops Highest Advert Spenders With N5.09bn

PM NEWS Live

13 years ago

MTN Nigeria has been adjudged as the highest spender on advertisement in the telecommunications sector 2012. According to a report…

Nigeria’s 10th Leading Tobacco Market Globally —BAT

PM NEWS Live

13 years ago

Nigeria is one of the biggest 10 tobacco markets in the world, says the Managing Director, British American Tobacco, Mr.…

Citi Group appoints Nigerian head sub-Saharan Africa

PM NEWS Live

13 years ago

US banking giant Citigroup has appointed Ade Ayeyemi to head its Johannesburg-based sub-Saharan Africa division, the company said on Tuesday.…

Ibori’s hidden wealth traced to Oando

PM NEWS Live

13 years ago

Jailed former Nigerian Delta state governor, James Onanefe Ibori, hid some of his assets in the oil firm Oando and…

South Africa’s firm buys into Nigeria’s Mr Biggs

PM NEWS Live

13 years ago

South African dining and fast-food giant Famous Brands has secured a deal to buy a 49-percent stake in the restaurant…

US FDA issues import alert against drugmaker Ranbaxy

PM NEWS Live

13 years ago

Shares in Indian generic drugs giant Ranbaxy Laboratories crashed as much as 35 percent on Monday after the US Food…

Japan bids bye to atomic power, switches off nuclear reactors

PM NEWS Live

13 years ago

TOKYO(AFP) – Japan began switching off the nation’s last working nuclear reactor Sunday for a routine inspection, with no immediate…

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