Business

Boko Haram Sacks 19,000 Farmers

PM NEWS Live

13 years ago

Islamic militants have driven 19,000 rice farmers from their land in northeast Nigeria while a military crackdown is preventing thousands…

S/ African company invests in Nigeria’s E-retail firms

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13 years ago

Cape Town based Silvertree Capital (www.silvertree-capital.com), an Africa-focused business builder and venture capital investor, has invested in two of Nigeria’s…

N144m Fraud: Ex-Bank GM’s Arraignment Stalled

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13 years ago

A Federal High Court sitting in Lagos has adjourned till 30 September, 2013 criminal charges of stealing about N144 million…

Court Awards N5b To Maevis

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13 years ago

A Federal High Court sitting in Lagos, southwest Nigeria, on Monday, awarded Maevis Nigeria Limited the sum of N5 billion…

Climate agency warns on dangers of burning coal

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13 years ago

With rainfall patterns changing and food growing region getting drier, an Australia climate agency warned today that most fossil fuels…

Nigeria grounds cargo plane from Ukraine

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13 years ago

Nigeria’s authorities have grounded a Ukrainian cargo plane suspected to be carrying military hardware at the Malam Aminu Kano International…

Angola begins gas export to Brazil

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13 years ago

Angola announced Sunday it has started producing and exporting liquefied natural gas (LNG), with a first shipment departing from the…

Fastjet Airways to Begin Operation in Nigeria

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13 years ago

Ayo Oluokun/Abuja Fastjet plc (fastjet), Africa’s lowcost airline, has signed a Memorandum of Understanding (MoU) with Nigeria’s Red1AirwaysLtd(Red 1), to…

Court Fixes Date For Fawaz Suit Against FG

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13 years ago

A Federal High Court sitting in Abuja on Thursday fixed 21 June to hear the suit instituted by Mustapha Fawez,…

Microgames Networks Launches Online Casino

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13 years ago

Microgames Networks, has launched Nairagames.com, Nigeria’s first online casino which features instant wins on the “wheel of wealth” games. According…

Junk Plane Found In Lagos Suburb

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13 years ago

A junk plane belonging to flamboyant preacher and founder of Bethel Ministries, the late Gabriel Oduyemi, triggered panic across Lagos,…

Samsung Heavy wins $3bn order from Nigeria

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13 years ago

SEOUL(AFP) – South Korean shipbuilder Samsung Heavy Industries said Thursday it had won a $3.0 billion order to build a…

Court Declines To Hear Taraba Gov’s Health Case

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13 years ago

A Federal high Court siting in Abuja on Wednesday declined to wade into a suit relating to the health condition…

NDLEA Arrests Two With Cocaine Inside Shoes

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13 years ago

Two men who craftily concealed cocaine inside shoes have been arrested, Nigeria’s anti-drug agency said on Wednesday. The National Drug…

Chevron offloads two Nigerian oil blocks

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13 years ago

US-based Chevron announced Tuesday it was selling its interest in two Nigerian oil blocks, becoming the latest multi-national to part…

FirstBank Concludes IT Upgrade, Lauds Customers’ Support

PM NEWS Live

13 years ago

First Bank of Nigeria Limited (FirstBank) has successfully concluded its upgrade to the Finacle 10 banking application thereby paving the…

Fred Ajudua Sent To Jail

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13 years ago

A Lagos High Court sitting in Ikeja Tuesday ordered that notorious fraudster Fred Ajudua be remanded in Kirikiri Prisons over…

South Africa’s PIC buys $289m stake in Dangote Cement

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13 years ago

Dangote Cement Plc, the industrial company owned by Africa’s richest man, Aliko Dangote, has sold a 1.5 percent stake to…

Interswitch breaks business into two

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13 years ago

Nigeria’s leading payment card solution platforms, Verve and Interswitch have been split into two separate businesses, with different identities: Verve…

Money Laundering: Ikuforiji, Aide Face 56 Fresh Charges

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13 years ago

Nigeria’s anti-graft agency, Economic and Financial Crimes Commission, EFCC, has filed 56-count amended charge of money laundering against the Speaker…

Nigeria Joins G8 New Alliance For Food Security

PM NEWS Live

13 years ago

Nigeria’s Minister for Agriculture and Rural Development, Dr. Akinwumi Adesina, attended G8 Food Security and Nutrition events this weekend in…

EFCC Seizes 44 Assets of Eight Fraud Suspects

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13 years ago

Nigeria’s Economic and Financial Crimes Commission (EFCC) has received an interim order from Justice F.A Olubanjo of the Federal High…

Drogba turns business tycoon

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13 years ago

Former Chelsea star Didier Drogba is building a new image outside the soccer field: as a business tycoon. He has…

4 chiefs charged with theft of Halliburton largese

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13 years ago

The Economic and Financial Crimes Commission, EFCC has charged four persons: Saro Manson, Stepbere Kristen, Hannah Baghabo and Chilsom Uwazie,…

NAMA recalls Oshiomhole’s copter after being airborne

PM NEWS Live

13 years ago

JETHRO IBILEKE/Benin The war against Nigerian governors embarked upon by federal agencies appears to be unending, following the recall and…

Capital Oil Boss, Uba Sues EFCC

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13 years ago

In a bid to forestall his arrest and detention, the chairman and Chief Executive Officer of Capital Oil and Gas…

Okonjo-Iweala: Nigeria owes external creditors $6.67b

PM NEWS Live

13 years ago

Dr. Ngozi Okonjo-Iweala, Nigeria’s Finance Minister puts Nigeria’s external debt at $6.67 billion and domestic debt at over $42billion in…

FAAN, Bi-Courtney At War Over Billboards

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent The lingering crisis between Bi-Courtney Aviation Services Limited and the Federal Airports Authority of Nigeria worsened on…

General Agwai new deputy chair for SURE-P

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13 years ago

Nigeria’s President Goodluck Jonathan has appointed General Martin Luther Agwai (rtd.) as the new Deputy Chairman of the Subsidy Reinvestment…

Ogboru Sues Lawyer For N500m

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13 years ago

Great Ogboru’s company, Fiogret Limited, has filed a suit against Mr. Kunle Ogunba and other defendants for the disruption of…

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