Business

Aero Suspends Operations Indefinitely

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent The labour crisis rocking Nigeria’s second largest airline, Aero Contractors, appeared to have worsened with the airline…

RUSAL suspends production at ALSCON

PM NEWS Live

13 years ago

Rusal, the aluminium company of Russian oligarch Oleg Deripaska on Friday halted production at ALSCON, Ikot Abasi in Nigeria’s Akwa…

Day 3: Aero Planes Still Grounded

PM NEWS Live

13 years ago

Nigeria’s second largest airline, Aero Contractors, remained grounded for a third day and stranded passengers were being refunded their money…

We Lost N12m To Ladipo Market Closure

PM NEWS Live

13 years ago

Some owners of warehouses at the Ladipo International Spare Parts Market in Lagos lost about N12 million during the closure…

Arik Air, Emirate Touch Aviation Services in lease pact

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent Arik Air said on Thursday that it has signed a lease agreement with Emirate Touch Aviation Services…

Robbers Storm Nigeria’s Biggest Airport, Kill 2 cops

PM NEWS Live

13 years ago

Simon Ateba/Lagos In a daring operation, armed robbers stormed the Murtala Muhammed International Airport, MMIA, in Lagos, southwest Nigeria, snatched…

Interswitch Teams Up With Discover Financial Services

PM NEWS Live

13 years ago

Discover Financial Services (DFS) and Interswitch Limited have announced a strategic alliance that will allow acceptance of Discover and Diners…

Aero Flights Grounded Nationwide

PM NEWS Live

13 years ago

All Aero Contractors flights were grounded on Wednesday and passengers were stranded nationwide, following an industrial action embarked upon by…

Guinness, NB record price gains

PM NEWS Live

13 years ago

Trading on the Nigerian Stock Exchange (NSE) on Tuesday remained on the upbeat trend with major blue chips recording price…

Stakeholders Thumb down Demuren’s Sack

PM NEWS Live

13 years ago

Stakeholders in the Nigerian aviation industry on Tuesday reacted angrily at the sack last night of Dr. Harold Demuren, Director…

Jonathan sacks Harold Demuren, NCAA boss

PM NEWS Live

13 years ago

Ayorinde Oluokun/Abuja The Federal Government on Monday night sacked Dr. Harold Demuren, the Director General of the Nigeria Civil Aviation…

Lagos Opens Ladipo Market

PM NEWS Live

13 years ago

The Lagos State Government today re-opened Ladipo Auto Spare Parts Market in Mushin area of Lagos, Southwest Nigeria after two…

Big Piracy Business In Alaba Market

PM NEWS Live

13 years ago

Founded in the 1970s, Alaba International Market, located along the Lagos-Badagry Expressway is by far the biggest electronics market in…

Govt To Blame For Fake Products In Alaba Market

PM NEWS Live

13 years ago

In this interview, Chief Uche Igwe, Chairman, General Electrical Dealers Association (GEDA) in Alaba International Market tells Cyriacus Izuekwe that…

Fading Polymer Naira Notes Face Rejection

PM NEWS Live

13 years ago

On 28 February, 2007 when the Central Bank of Nigeria, CBN, announced the introduction of polymer versions of 5, 10,…

How NIMASA Underdeveloped Nigerian Maritime Sector

PM NEWS Live

13 years ago

Accusations and counter-accusations have continued over the alleged oil thefts along the nation’s coastal waters, as maritime, oil and gas…

Planned blackout at Abuja Airport

PM NEWS Live

13 years ago

Power supply at the Nnamdi Azikiwe International Airport, in the Nigerian capital of Abuja, will be interrupted between 10 a.m.…

Ice Block Sellers Record Huge Sales

PM NEWS Live

13 years ago

Some ice block producers and vendors in Kafanchan, Kaduna State, are having a boom in sales due to the hot…

Rice millers and importers donate vehicles to Customs

PM NEWS Live

13 years ago

The Rice Millers, Importers and Distributors Association of Nigeria (RIMIDAN) on Thursday in Abuja donated 150 patrol vehicles worth N600…

Tinubu’s Speech: Nigeria needs fixing

PM NEWS Live

13 years ago

ADDRESS BY ASIWAJU BOLA AHMED TINUBU, NATIONAL LEADER ACTION CONGRESSOF NIGERIA AT THE LAUNCH OF “FINACIALISM-WATER FROM AN EMPTY WELL”.…

EFCC Arraigns Indian Over N44.9m Dud Cheque

PM NEWS Live

13 years ago

Nigeria’s Economic and Financial Crimes Commission, EFCC, on Thursday arraigned one Patrick Fernandez , 50, before Justice Adeniyi Onigbanjo of…

Tinubu: Nigeria operates voodoo economy

PM NEWS Live

13 years ago

EROMOSELE EBHOMELE Former governor of Nigeria’s Lagos state and national leader of the Action Congress of Nigeria, Asiwaju Bola Ahmed…

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…

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