Business

Day 9: Aero Planes Still Grounded

PM NEWS Live

13 years ago

Nigeria’s second largest airline, Aero Contractors, remained grounded on Friday, nine days after a labour crisis paralysed its activities nationwide…

Russia declines help to Cyprus in hour of need

PM NEWS Live

13 years ago

NICOSIA (AFP) – Russia Friday spurned investment proposals that would have helped rescue the Cyprus economy, piling pressure on Nicosia…

Glo Unveils New Strap Line

PM NEWS Live

13 years ago

As telecommunications giant, Globacom prepares to celebrate its 10th anniversary on the 29th of August this year, the company has…

No Going Back On Oil Subsidy Removal —Jonathan

PM NEWS Live

13 years ago

The President Goodluck Jonathan-led Federal Government has restated its plan to fully deregulate the downstream oil sector, despite the aversion…

Fuel Tank Farm Owners Seek Relocation Of Residents

PM NEWS Live

13 years ago

The Jetty and Petroleum Tank Farm Owners of Nigeria (JEPTFON) on Wednesday called for relocation of all residents near tank…

Nigeria makes $469m over PHCN sale

PM NEWS Live

13 years ago

Nigeria’s Bureau of Public Enterprise (BPE) said it had received the sum of 469,031,940.46 million dollars from preferred bidders for…

Jonathan visits Equatorial Guinea to boost ties

PM NEWS Live

13 years ago

Nigeria’s President Goodluck Ebele Jonathan will embark on a two-day state visit to Equatorial Guinea, Thursday, March 21, to boost…

Report: US To Join Oil Exporters

PM NEWS Live

13 years ago

The US will become a net oil exporter late this year as domestic crude production surpasses imports for the first…

NCAA Grounds Aero Contractors

PM NEWS Live

13 years ago

Hundreds of striking workers of Aero Contractors erupted in jubilation on Wednesday after learning that the Nigerian Civil Aviation Authority,…

We Are Creating Jobs From Grasscutter Farming

PM NEWS Live

13 years ago

Prince Arinze Onebune, the CEO and Managing Consultant of Jovana Farms is undoubtedly one Nigerian who is passionate about job…

Diamond Bank, 2 workers face money laundering charge

PM NEWS Live

13 years ago

A Federal High Court in Lagos on Tuesday fixed June 18 for trial of two employees of Diamond Bank Plc,…

China solar giant Suntech goes bankrupt

PM NEWS Live

13 years ago

SHANGHAI (AFP) – China’s Suntech has made a painful journey from being the world’s largest solar panel producer to flirting…

Russians threaten to leave Cyprus over IMF deposits tax

PM NEWS Live

13 years ago

LIMASSOL, Cyprus(AFP) – Angry Russian residents of Cyprus are talking of giving up on the Mediterranean island over a eurozone…

Kuwait to reduce expatriates by one million

PM NEWS Live

13 years ago

Kuwait, where expats make up 68 percent of the population, plans to reduce the number of foreigners living in the…

FAAN confiscates Babalakin’s property

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent The crises rocking Nigeria’s aviation industry took a turn for the worse on Tuesday, with airport authorities…

Customer Loses N47m To Banker

PM NEWS Live

13 years ago

A banker with an old generation bank in Lagos, Mr. Peter Obi, 41, who allegedly posed as a bureau de…

Aero Crisis: Management, Labour In Crucial Talks

PM NEWS Live

13 years ago

Protests continued on Tuesday morning at the headquarters of Aero Contractors, Nigeria’s second largest airline, now grounded for six days,…

Dana Air Back In The Skies

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent Nigeria’s Federal Government on Monday evening restored Dana Air’s Operating licence saying the airline could resume flight…

Arik Air Appoints Bamgbose As VP

PM NEWS Live

13 years ago

Arik Air, Nigeria’s largest airline, announced on Monday it has appointed Mr. Lanre Bamgbose as its Associate Vice President (AVP),…

Pension Thief Gets N10m Bail

PM NEWS Live

13 years ago

Convicted pension thief, John Yahaya Yusufu, who slumped in court last Monday while standing trial on an alleged false declaration…

Aero Sacks Striking Workers

PM NEWS Live

13 years ago

The labour crisis rocking Nigeria’s second largest airline, Aero Contractors, seems to have worsened, with the airline dismissing about a…

75 Air Travellers Stranded In Ilorin

PM NEWS Live

13 years ago

No fewer than 75 passengers of Arik airline were on Sunday stranded at the IIorin International Airport following non-availability of…

How Itinerant Traders Survive At Yaba Market

PM NEWS Live

13 years ago

Yaba market is known to be one of the most popular markets in Lagos. So famous it is that people…

The Amazing Shoprite Walk-In Fridge

PM NEWS Live

13 years ago

With an inviting display of drinks which come at relatively friendly prices, the Walk-In Fridge at Shoprite, Ikeja City Mall,…

Arik Dominance Deepens Bi-Courtney’s Troubles

PM NEWS Live

13 years ago

The new structure named Murtala Muhammed Domestic Terminal 1, MMDT1 which was built to replace the General Aviation Terminal, GAT…

Dana Air joins Aero to suspend flights

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent Air travellers were stranded on Sunday across Nigeria after the third largest airline, Dana Air, was grounded…

Abu Dhabi opens world’s largest solar power plant

PM NEWS Live

13 years ago

Oil-rich Abu Dhabi on Sunday officially opened the world’s largest Concentrated Solar Power (CSP) plant, which cost $600 million to…

NCC sets date for launch of mobile number portability

PM NEWS Live

13 years ago

The Nigerian Communications Commission (NCC) said on Saturday it would launch the much- awaited Mobile Number Portability (MNP) service on…

IMF taxes depositors for country’s bailout

PM NEWS Live

13 years ago

Eurozone leaders and the IMF on Saturday announced an unprecedented levy on all deposits in Cypriot banks as the sting…

Turkish, Emirates airlines coming to Kano

PM NEWS Live

13 years ago

MADUABUCHI NMERIBEH/Kano In a few weeks time, Improved human and cargo traffic is expected at the Malam Aminu Kano International…

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