Business

EFCC Arraigns Indian Businessman Over N13m Fraud

PM NEWS Live

13 years ago

The Economic and Financial Crimes Commission, EFCC, today arraigned an Indian Businessman, Patrick Fernadez before an Ikeja High Court over…

Nwankwo Kanu Loses N1.4 Billion

PM NEWS Live

13 years ago

Nigeria’s football star, Nwankwo Kanu has lost N1.4 billion in his hotel business and the Managing Director of the hotel,…

MTN Nigeria income shrinks, misses global target

PM NEWS Live

13 years ago

African telecoms giant MTN on Wednesday reported weaker than expected earnings, as currency fluctuations bit into the South African company’s…

Power Gens Pack Up At MMA Airport

PM NEWS Live

13 years ago

Power cuts have caused series of near-tragic landings at the Lagos airport, in southwest Nigeria, over the past few days,…

Chinese couples rush divorces to avoid tax

PM NEWS Live

13 years ago

Chinese couples are flocking to divorce to avoid a new tax property sales tax imposed by the government, after it…

Shell declares force majeure on Bonny Light crude

PM NEWS Live

13 years ago

Oil giant Shell on Tuesday warned it may not meet production targets on Bonny Light crude in Nigeria after it…

Arik Air To Rebuild Lagos Hangar

PM NEWS Live

13 years ago

Mr. Joseph Arumemi-Ikhide, the Chairman of Arik Air, on Monday said the airline would rebuild its aircraft maintenance hangar in…

Sea Piracy: I Received N7m From Vessel Hijack

PM NEWS Live

13 years ago

Detectives at the Federal Special Anti-Robbery Squad at Adeniji Adele, Lagos Island, southwest Nigeria, have arrested a member of a…

Blackout at Lagos MM Airport

PM NEWS Live

13 years ago

A blackout Monday night at Nigeria’s Murtala Muhammed Airport in Lagos forced the diversion of an Emirates Flight EK781, an…

Joy To The Consumer

PM NEWS Live

13 years ago

A number of key policy decisions usher in a new lease of life for Nigerian consumers Nigerian consumers had never…

Will a city rising from the sea turn the tide for Nigeria?

PM NEWS Live

13 years ago

LAGOS (AFP) – A Nigerian city is rising from the sea, swelling the country’s hopes of one day turning back…

Mexico’s Slim world’s richest man

PM NEWS Live

13 years ago

Mexican tycoon Carlos Slim, Microsoft’s Bill Gates and Zara fashion house boss Amancio Ortega of Spain topped the Forbes list…

Nigerian Billionairess Alakija Buys N18.4b UK Property

PM NEWS Live

13 years ago

TOKUNBO OLAJIDE Nigerian oil baroness, Folorunsho Alakija, owns five apartments in London’s One Hyde Park, the world’s most expensive apartment…

Boom Time For Keke Riders

PM NEWS Live

13 years ago

A number of Lagosians are now compelled to get to their various destinations by tricycle rides courtesy of the restriction…

LASTMA Is Our Biggest Challenge

PM NEWS Live

13 years ago

Despite the increasing demand for tricycles popularly known as ‘Keke Napep’, the Ikeja chairman of tricycle operators, Olainukan Adeagbo explains…

Residents Want Oko-Oba Abattoir Relocated

PM NEWS Live

13 years ago

Siting an abattoir in Oko-Oba, Agege Local Government, was meant to boost the business activities in the area but has…

Shell Bemoans ‘Unprecedented’ Oil Theft In Nigeria

PM NEWS Live

13 years ago

Oil giant Shell on Monday raised alarm over “unprecedented” oil theft in Nigeria, particularly in relation to the sabotage of…

Ogun Customs command boosts revenue

PM NEWS Live

13 years ago

Abiodun Onafuye/Abeokuta Despite all odds and constant campaign against smugglers, the Ogun state Custom boss, Prince F.Ade Dosunmu has declared…

Fashola insists on clean up of Ladipo auto parts market

PM NEWS Live

13 years ago

Lagos State Governor, Mr. Babatunde Fashola, Sunday undertook an inspection of Nigeria’s biggest Auto Spare parts Market, in Ladipo, Mushin…

Nigerian Maritime Workers Union election mired in controversy

PM NEWS Live

13 years ago

Simon Ateba/Lagos Even before the first vote is cast, the election of those who will run the affairs of the…

Quail Farming For Quick Cash

PM NEWS Live

13 years ago

By Arinze Onebunne For the chief Executive officer, Jovana Farms, Prince Arinze Onebunne, raising Quail, grasscutter, rabbit, Snail, guinea pig…

Nigerian Breweries Loses N170m To Fraudster

PM NEWS Live

13 years ago

A bank customer in Lagos, southwest Nigeria, Aliu Olaribigbe Ayinde, 48, has been charged to court for allegedly withdrawing the…

Korean firm buys Nigeria’s power plant

PM NEWS Live

13 years ago

The National Council on Privatisation (NCP) on Thursday approved the sale of 70 per cent of Egbin power plant in…

Ex-Minister Slams N90b Suit On NIMASA, DG

PM NEWS Live

13 years ago

The former Interior Minister, Captain Emmanuel Iheanacho, has slammed a N90 billion suit on Nigeria Maritime Administration and Safety Agency,…

Jonathan Finally Signs Nigeria’s 2013 Budget

PM NEWS Live

13 years ago

TOKUNBO OLAJIDE Nigeria’s President Goodluck Jonathan, Tuesday, finally signed the 2013 Appropriation Bill into law, ending weeks of stand-off between…

Pirates free 6 foreigners kidnapped off Nigeria

PM NEWS Live

13 years ago

Six foreigners kidnapped on February 17 by armed pirates from an oil service ship off Nigeria have been released unhurt…

Erastus Akingbola Charged Again

PM NEWS Live

13 years ago

The Economic and Financial Crimes Commission, EFCC, Tuesday re-arraigned the former Managing Director of Intercontinental Bank Plc, Erastus Akingbola, over…

Angola targets 2mbd, to tie Nigeria’s output

PM NEWS Live

13 years ago

Angola’s national oil company Sonangol said Monday it is targeting a 16 percent rise in oil production to hit 2…

Alitalia at edge of bankruptcy, CEO resigns

PM NEWS Live

13 years ago

Italian airline Alitalia’s chief executive Andrea Ragnetti resigned on Monday after the troubled group announced a net loss of 280…

Akingbola re-arrested, to be charged afresh

PM NEWS Live

13 years ago

Ayorinde Oluokun/Abuja The Economic and Financial Crimes Commission, EFCC said on Monday it has re-arrested Erastus Akingbola, the former managing…

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