Business

Workers strike paralyses Lufthansa

PM NEWS Live

13 years ago

German airline Lufthansa said Monday it has cancelled most of its domestic, European and long-haul flights at six German airports…

N420b saved from contract vetting, says BPP

PM NEWS Live

13 years ago

Nigeria’s Bureau of Public Procurement (BPP) has saved N420B for the Federal Government in the last 15 months through the…

Economists verdict: Africa’s boom not denting poverty

PM NEWS Live

13 years ago

JOHANNESBURG (AFP) – Fast-paced African countries may have growth rates that are the envy of developed economies, but the continent’s…

World Bank sets 2030 date for end of poverty

PM NEWS Live

13 years ago

WASHINGTON (AFP) – The World Bank gathered the might of the international community Saturday behind its audacious plan to eradicate…

Fitch strips Britain of top rating

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13 years ago

Fitch on Friday stripped recession-threatened Britain of its top triple-A rating, moving it down one notch to ‘AA+’ as a…

N4.5m Dud Cheque: Suspect Faults EFCC

PM NEWS Live

13 years ago

A suspect, Kabiru Mohammed who was on Tuesday arraigned by the Economic and Financial Crimes Commission, EFCC for issuing a…

NBA, Others Back 10-Year Jail Term For Pension Thieves

PM NEWS Live

13 years ago

Some prominent lawyers on Thursday backed the proposal by the Federal Government to enact a law with a provision of…

Steel ‘ll Complement Transformation Agenda, says Jonathan

PM NEWS Live

13 years ago

Abiodun Onafuye/ Abeokuta Nigeria’s President Goodluck Jonathan has described the establishment of a steel rolling mill by Wempco Limited as…

EFCC Arrests Imo Finance Commissioner, Accountant General

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13 years ago

The Economic and Financial Crimes Commission, EFCC, has arrested two top officials of the Imo State Government. They are the…

Nigeria: Shell shuts key pipeline to repair oil theft damage

PM NEWS Live

13 years ago

Shell has shut a key oil pipeline in southern Nigeria to repair damage caused by oil thieves, leading to a…

US apex court rejects Nigeria torture case

PM NEWS Live

13 years ago

The US Supreme Court ruled Wednesday that the country’s justice system does not have jurisdiction to determine whether oil giant…

Bird flu kills 16 in China

PM NEWS Live

13 years ago

SHANGHAI (AFP) – H7N9 bird flu has claimed two more lives in Shanghai, Chinese state media said on Tuesday, bringing…

NCAA Reads Riot Act To Foreign Airlines

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent Nigeria’s aviation regulatory body has given foreign airlines operating in the country two weeks to comply with…

IMF predicts growth for Nigeria, Mozambique

PM NEWS Live

13 years ago

Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates…

Controversy Over FIRS Top Job

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13 years ago

The appointment of a new chairman for the Federal Inland Revenue Service is halted by legal action against the process,…

Oil Subsidy Scam: PMS Imported Through Dead Vessel

PM NEWS Live

13 years ago

A prosecution witness, Tolu Olanubi, in the ongoing trial of Alhaji Saminu Rabiu, Jubril Rowaye, Alminnur Resources Limited and Brila…

Amaechi denies rip-off in helicopter purchase

PM NEWS Live

13 years ago

Okafor Ofiebor/Port Harcourt Governor Rotimi Amaechi of Nigeria’s oil rich Rivers state has denied allegations that his government and the…

EFCC confirms arrest of ex-MINT MD

PM NEWS Live

13 years ago

The Economic and Financial Crimes Commission, EFCC has confirmed the arrest of Mr. Ehi Okomoyon, former Managing Director of the…

Bank Asks Court to Compel Director to Pay Debt

PM NEWS Live

13 years ago

Nnamdi Felix / Abuja In a renewed drive to recover debts owed it, Union Bank of Nigeria Plc has asked…

Displaced Alakoro Traders Seek Govt Assistance

PM NEWS Live

13 years ago

The displaced traders of Alakoro market, Apongbon, Lagos Island have cried out to the government to provide them an alternative…

Balogun Mall Crisis: Traders Appeal To New Owners

PM NEWS Live

13 years ago

Traders at the new Balogun Ultra Modern Market which has been an object of litigation has appealed to the Balogun…

NPA To Expand Bonny Channel

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13 years ago

The Nigerian Ports Authority (NPA) has resolved to expand the Bonny channel to accommodate the Nigerian Liquefied Natural Gas (NLNG)…

Business Owners Urged To Be Diligent

PM NEWS Live

13 years ago

The CEO of Somi group of company, Somi Uranta has advised small and medium scale business owners to be diligent…

Rice Production: Lagos To Get N31.6bn World Bank Loan

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13 years ago

The World Bank intends to provide a credit of N31.6 billion ($200 million) to Lagos State to boost rice production,…

ACN raises the red flag on worsening oil theft

PM NEWS Live

13 years ago

The Action Congress of Nigeria (ACN) has warned that the rising cases of crude oil theft and pipeline vandalism in…

Helicopters bought to battle oil theft, says Rivers govt

PM NEWS Live

13 years ago

Nigeria’s oil rich Rivers-state Government has described as baseless and untrue, allegations that Governor Chibuike Rotimi Amaechi bought armoured helicopters…

Warning: Your vintage wine may be fake!

PM NEWS Live

13 years ago

People who pay hefty sums to buy supposedly choice wines should read this: A New York jury on Friday awarded…

Ecobank manager with husband faces fraud charge

PM NEWS Live

13 years ago

A former Customer Service Manager, Tosin Lawal and her husband, Michael, who allegedly defrauded Ecobank of N179.83 million, were on…

Dangote Group seeks $3.5 bln syndicated loan

PM NEWS Live

13 years ago

Dangote Group, Nigeria’s biggest listed company, has begun talks to raise a debut syndicated loan for $3.5 billion to fund…

Shell Returns To Ogoniland For Clean-Up

PM NEWS Live

13 years ago

Shell on Thursday said it had launched a review of its oil and gas assets in Nigeria’s massively polluted Ogoniland…

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