Business

Obasanjo: GDP not a good indicator of development

PM NEWS Live

13 years ago

The phenomenal growth in Nigeria’s gross domestic product, long used as a marker for the country’s economic and human development,…

GTB declared African Bank of the year

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13 years ago

.First Bank, Sanusi, Aig-Imoukhuede also win prizes Nigeria’s Guaranty Trust Bank last night scooped the prize for African Bank of…

Train derails in Lagos

PM NEWS Live

13 years ago

Yusuf Mohammed A train towing another train derailed Wednesday at Agege, Lagos, southwest Nigeria. The incident, which happened at a…

Nigeria leads Africa in illicit forex outflows to the world

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13 years ago

The image of Africa is that of a continent with the beggars bowl, urging richer nations to bankroll development. But…

Jonathan flags off building of 700MW hydro-power dam

PM NEWS Live

13 years ago

Nigeria’s President Goodluck Jonathan on Tuesday inaugurated the construction of the N162.9 billion Zungeru Hydroelectric Power Project in Niger state…

Mercedes recalls 6,000 cars over airbag problem

PM NEWS Live

13 years ago

Mercedes-Benz is recalling about 6,000 cars of its new A-class because of a possible flaw in the cover of the…

12 Missing After Chevron’s Tug Boat Sinks

PM NEWS Live

13 years ago

A tugboat contracted by oil giant Chevron has sunk off the coast of Nigeria, leaving 12 sailors missing, an official…

Reports: Oil Vessel Hijacked Off Bayelsa, Crew Kidnapped

PM NEWS Live

13 years ago

Latest reports said Pirates have hijacked a fuel tanker off the coast of Nigeria’s oil-rich delta region, taking Pakistani and…

Arik Air, Varsity Partner On Manpower Dev

PM NEWS Live

13 years ago

Arik Air and Cranfield University in the United Kingdom have entered into a partnership aimed at human capital development, Nigeria’s…

Report: Natural resources could fuel Africa’s growth in 2013/14

PM NEWS Live

13 years ago

A new report jointly produced by the African Development Bank, the Economic Commission for Africa (ECA) and the UN Development…

Dana Air pays $3.95m to families of crash victims

PM NEWS Live

13 years ago

Dana Airline has paid $3.95million in compensation to the families of the victims of its plane crash a year ago,…

Iran Offers Syria $4bn Credit Line

PM NEWS Live

13 years ago

Iran has opened two lines of credit totalling $4 billion to Damascus and expects to open up a third to…

The Pains of Small Business Owners

PM NEWS Live

13 years ago

Small business owners have cried out over their neglect by successive governments and the deluge of constraints ravaging the development…

APM Increases Stacking Area

PM NEWS Live

13 years ago

Leading global terminal operator, APM Terminals, is increasing the container stacking area at its Apapa container terminal, Lagos, Nigeria by…

News Corp approves split into two firms June 28

PM NEWS Live

13 years ago

News Corp said Friday its board approved the breakup of the media-entertainment conglomerate headed by Rupert Murdoch into two separate…

NDLEA Reads Riot Act To Airlines

PM NEWS Live

13 years ago

Nigerian airlines must do all they can to prevent drug trafficking, Nigeria’s anti-drug trafficking boss, Ahmadu Giade, said on Thursday,…

Airtel’s Chief Marketing Officer, Olu Akanmu Quits

PM NEWS Live

13 years ago

Olu Akanmu, Chief Marketing Officer, Airtel Limited, has resigned his appointment with the company. A statement released by the telecommunication…

Nissan recalls 841,000 compact cars

PM NEWS Live

13 years ago

Japan’s number two carmaker Nissan said Thursday it would recall some 841,000 compact cars worldwide due to a steering wheel…

Tokyo shares crash 7.3 per cent

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13 years ago

TOKYO (AFP) – Panicky investors dumped shares on the Tokyo market Thursday, sending the main index plunging more than seven…

Samsung’s Galaxy S4 tops 10million in sales

PM NEWS Live

13 years ago

South Korea’s Samsung Electronics said Thursday its latest flagship Galaxy S4 had become its fastest selling smartphone to date, topping…

Oil prices weaken further

PM NEWS Live

13 years ago

Oil extended its losses in Asian trade on Thursday on weak Chinese manufacturing data and a stronger dollar, analysts said.…

Twitter tightens security after high profile hacking

PM NEWS Live

13 years ago

Twitter said Wednesday it was stepping up security measures for the popular messaging service following a series of high-profile breaches…

Switzerland eyes new law on dictators’ loot

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13 years ago

Switzerland, currently in the process of restituting assets to several former autocratic countries, is working on a new law aimed…

Flight Cancellation: Court Fines Jimoh Ibrahim’s Air Nigeria N5m

PM NEWS Live

13 years ago

A Federal High Court in Lagos has ordered Air Nigeria owned by Jimoh Ibrahim to pay N5 million to Mr…

Drug Trafficking: Cabin Crew Not Checked —Airport Sources

PM NEWS Live

13 years ago

Hand luggage of cabin crew in Nigeria are hardly checked at airports because airline staff are expected to be upright,…

Arik Cabin Crew Had N180m Cocaine

PM NEWS Live

13 years ago

Nigeria’s National Drug Law Enforcement Agency, NDLEA, said on Tuesday that one of the two Arik Air female cabin crew…

2 Arik Air Staff Caught With Cocaine In UK

PM NEWS Live

13 years ago

Two members of staff of Nigerian largest airline, Arik Air, have been arrested at Heathrow airport in London for drug…

Namibia Finds Oil For First Time

PM NEWS Live

13 years ago

The Namibian government and a Brazilian energy firm on Tuesday announced the first discovery of oil off the coast of…

Investment of $1b Sovereign Wealth Fund begins in June

PM NEWS Live

13 years ago

Investment of the 1 billion dollar Sovereign Wealth Fund (SWF) will start in June, Mr Uche Orji, the Managing Director…

Fashola Sets Up Tribunal On Collapsed Buildings

PM NEWS Live

13 years ago

Kazeem Ugbodaga Governor Babatunde Fashola has set up a tribunal of enquiry into incessant collapse of buildings in Lagos State.…

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