Business

Arik Air pleads with CBN over bank loans

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent Nigeria’s biggest airline, Arik Air, on Tuesday, begged the Central Bank of Nigeria, CBN, to allow banks…

Cocoa Farmers Get Free Seeds To Boost Output

PM NEWS Live

13 years ago

In a bid to bring cocoa back to reckoning as an agricultural commodity of note, and to help farmers improve…

IT Security Group Rates Nigerian Online Businesses ‘Unsafe’

PM NEWS Live

13 years ago

A global IT security, risk management and financial technology company, Wini Group, has rated most online businesses in Nigeria as…

Firm To Pay Consumers For Advert Review

PM NEWS Live

13 years ago

Nigerians who spend hours online may be in for quick cash as a local ICT firm, Hexanet Solutions, has launched…

Flood Disrupts MTN’s Network Modernisation

PM NEWS Live

13 years ago

The effort by MTN Nigeria to modernise it network has suffered a setback due to the ravaging flood in some…

Court Adjourns Ahmadu Ali son’s Trial

PM NEWS Live

13 years ago

Henry Ojelu Justice Adeniyi Onigbanjo of the Ikeja High court today further adjourned the trial of son of former PDP…

Successful bidders for Nigeria’s power firms unveiled

PM NEWS Live

13 years ago

Another milestone was recorded in the ongoing privatisation in Nigeria’s power on Monday with the announcement of the preferred and…

Corrupt oil sector: Jonathan asks for Ribadu report

PM NEWS Live

13 years ago

Ayorinde Oluokun /Abuja President Goodluck Jonathan has directed that a comprehensive report of the Petroleum Revenue Special Task Force chaired…

Fashola inspects burnt Euro-Asia Plaza

PM NEWS Live

13 years ago

Lagos State Governor, Mr. Babatunde Fashola (SAN), has visited Euro-Asia Plaza, the scene of Saturday’s fire disaster, in Central Lagos…

Fire Guts Euro- Asia Plaza In Lagos

PM NEWS Live

13 years ago

Fire has gutted the multi-storey Euro-Asia Plaza in the popular Balogun Market on Lagos Island, southwest Nigeria. The cause of…

Leaked Ribadu report exposes rot in Nigeria’s oil sector

PM NEWS Live

13 years ago

A total of $183m in signature bonuses paid by oil companies to the federation is missing, according to a confidential…

Britain steps out of recession

PM NEWS Live

13 years ago

Britain has exited its longest double-dip recession since the 1950s after its economy returned to growth in the third quarter…

Facebook posts loss despite rise in ad revenues

PM NEWS Live

13 years ago

The world’s most popular online social network, Facebook, has posted a loss of $59m despite recording revenues rise of 32…

Dele Cole: Stolen Nigeria’s oil goes to Singapore, balkans

PM NEWS Live

13 years ago

The main buyers of the estimated 180,000 barrels of oil stolen each day in Nigeria are based in the Balkans…

MTN Introduces Software For Microfinance Banks

PM NEWS Live

13 years ago

As part of efforts to improve microfinance banking in Nigeria, MTN has introduced an innovative micro-bank software called MTN XaaS,…

Nokia Partners Airtel On New Smartphones

PM NEWS Live

13 years ago

Leading phone manufacturer, Nokia, in partnership with Airtel Nigeria, has embarked on a special consumer promotion for the new Nokia…

Safeguard Launches ‘Doctors On Wheels’

PM NEWS Live

13 years ago

As part of activities to commemorate the 2012 Global Hand Washing Day (GHWD), Safeguard anti-bacterial soap has launched the Safeguard…

LASG To Harvest Farm Produce From 10,000 Hectares Of Land

PM NEWS Live

13 years ago

The Lagos State Government is to harvest farm produce from 10,000 hectares of land it acquired in other states before…

Crude oil prices falling

PM NEWS Live

13 years ago

Crude oil prices eased on Tuesday, extending a recent move downward as a weak demand outlook amid poor US company…

Shell declares force majeure on Nigeria’s exports

PM NEWS Live

13 years ago

Anglo-Dutch oil group Shell said Tuesday it may not meet contractual obligations on certain exports from Nigeria because of theft…

Shoprite To Open New Outlet

PM NEWS Live

13 years ago

Shoprite, a South African multipurpose retail store group, has concluded plans to unveil a new outlet in Ilorin, the Kwara…

EFCC arrests 5 over money laundering violations

PM NEWS Live

13 years ago

The Managing Director of Zenith Properties Limited, Maitama Abuja, Mr. Ifobiya Oloruntoba Seyi and the Credit Controller of Exclusive Stores,…

Lagos new airport terminal costs N648m

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent The remodelling of the General Aviation Terminal (GAT) in Lagos, southwest Nigeria, cost Nigeria’s Federal Government N648…

Globe and Mail starts charging for online news

PM NEWS Live

13 years ago

Canada’s national daily, The Globe and Mail, on Monday began charging readers a Can$20 monthly subscription to access news on…

Nicon Insurance, 43 others sue FIRS

PM NEWS Live

13 years ago

NICON Insurance Company Plc and 43 others on Monday in Abuja, dragged the Federal Inland Revenue Service (FIRS) to the…

Soldiers arrest vessels with N11billion illegal diesel

PM NEWS Live

13 years ago

The Joint Task Force (JTF) operating in the Niger Delta said on Monday that it arrested two suspected vessels, with…

Jeers For President Jonathan’s Budget

PM NEWS Live

13 years ago

President Goodluck Jonathan’s 2013 budget proposal attracts knocks and commendations Wrangling between the executive and the legislature over the appropriate…

FAAN staff arrested with $1.4million In Lagos

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent A suspected foreign currency smuggler was arrested on Saturday at the Murtala Muhammed international airport in Lagos,…

EFCC arrests 2 forex traffickers

PM NEWS Live

13 years ago

Nigeria’s Economic and Financial Crimes Commission, EFCC, has arrested the duo of Idris Hamza and Umar Musa Kibiya at the…

Family sues Monster Energy maker over teen’s death

PM NEWS Live

13 years ago

WASHINGTON (AFP) – The family of a 14-year-old Maryland girl is suing the California makers of Monster Energy, alleging Friday…

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