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Business

Juliet Ehimuan joins Zenith Bank board

Ex-Google chief Juliet Ehimuan joins Zenith Bank board

PM NEWS Editor

3 years ago

Juliet Ehimuan is the Founder and CEO of Beyond Limits and the immediate past Director of Google West Africa.
Workers at a Toyota Assembly plant in Japan

Toyota suspends production of cars in Japan

PM NEWS Editor

3 years ago

Toyota was looking into the cause of the problem, a spokesperson said, adding it was "likely not due to a…
OjirehPrime

Our focus is to revolutionize African Banking for the Next Generation – CEO OjirehPrime

Michael Adesina

3 years ago

Spearheaded by visionary leader Edoka Idoko, OjirehPrime is on a mission to redefine banking for the continent's millennial and Gen…
Oil exploration by Eni offshore Ivory Coast

Italy’s Eni begins oil, gas production in Ivory Coast

PM NEWS Editor

3 years ago

At its peak, Eni believes the field will yield 150,000 barrels of oil and 200 million cubic feet of natural…
Wale Edun says Nigeria's macroeconomic reforms had begun yielding results, with improved growth momentum and greater stability.

Nigeria seeks investments not loans: Olawale Edun

PM NEWS Editor

3 years ago

Edun, an ex-investment banker, who was special adviser to Tinubu on monetary policy before his appointment as minister, said he…
Australia has AFSL (Australian Financial Services License) while in Lithuania, EMI (Electronic Money Institution is popular with businessmen.

Australian AFSL vs EMI in Lithuania: pros and cons

Ademola Adegbamigbe

3 years ago

Australia is a well-developed country, which is a tasty morsel for all businessmen. The state has a developed financial services…
FCMB Premium Banking: Growing Wealth and Ensuring Financial Well-Being

FCMB, Tulsi Chanrai Foundation restore sights of over 2,000 in Kebbi (photos)

Ademola Adegbamigbe

3 years ago

First City Monument Bank (FCMB) and Tulsi Chanrai Foundation (TCF) have restored the sight of over 2,000 visually impaired people…
South African rand versus dollar

South African rand gains against weak U.S. dollar

PM NEWS Editor

3 years ago

At 0645 GMT, the rand traded at 18.5750 against the dollar, about 0.2% stronger than its closing level on Friday.
Commercial motorcyclists, popularly known as Okada riders, in Kubwa area of FCT explains why they are rejecting the new Naira notes

How Naira can be strengthened – experts

Isa Isawade

3 years ago

“Growth was driven by the Non-oil sector. The oil sector ranked considerably on account of the reduction in crude oil…
Jos Electricity Distribution Company (JEDC)

8-hour blackout in Bauchi, Gombe, Plateau from Monday

PM NEWS Editor

3 years ago

‘’The planned outage by TCN is to enable its EPCC contractors safely connect gantry beam of the new APO line…

AMCON seeks court order to seize funds in businessman’s accounts over N435m debt

Ayorinde Oluokun

3 years ago

According to court documents by AMCON, the businessman had obtained the original loan from the defunct Intercontinental Bank.
Petroleum Resources (Oil) Minister Heineken Lokpobiri, gives update on rehabilitation of Port Harcourt, Warri and Kaduna refineries

P/Harcourt refinery to be back on stream December, Warri Q1 2024 – Lokpobiri

Ayorinde Oluokun

3 years ago

Lokpobiri said considering the level of progress recorded in the Port Harcourt Refinery rehabilitation project, the plant would come back…
SEC says the amount of unclaimed dividends in the Nigeria's capital market currently stands at N190 billion

SEC: Unclaimed dividends in capital market now N190bn

Ayorinde Oluokun

3 years ago

By Ginika Okoye The Securities and Exchange Commission (SEC) has blamed the continuous increase in the amount of unclaimed dividends…

Nigeria’s GDP growth slows to 2.51%

Nimot Sulaimon

3 years ago

Nigeria’s gross domestic product dropped to 2.51% (year over year) in the second quarter of 2023. This is a slower…
Oluwaseun Olaegbe

Oluwaseun Olaegbe: Africa young Tech business champion

Taiwo Okanlawon

3 years ago

Oluwaseun Olaegbe is a Nigerian tech entrepreneur. He is the founder of Skilzar Digital, a company that provides enterprises with…
Terrorists move into homes of displaced residents in Niger, plant crops on their farms

Federal Govt distributes maize seeds to farmers in Oyo

Isa Isawade

3 years ago

The FMARD Coordinator in the state, Dr Kakulu Omonele, disclosed in Ibadan on Wednesday that the distribution was part of…
NSIA

NSIA commits $500m to boost infrastructure development in Nigeria

Kazeem Ugbodaga

3 years ago

He explained that the NSIA belongs to the three tiers of government consisting the federal government, state government, local government,…
Stanbic-IBTC

Stanbic IBTC Holdings renames fintech subsidiary

PM NEWS Editor

3 years ago

Stanbic IBTC Holdings Plc has announced a change of name for its wholly owned financial technology subsidiary, IBTC Financial Services…
CBN to adopt proactive measures to halt Naira's free fall within days

ICYMI: BDCs now to render mandatory daily reports to CBN or lose licences

PM NEWS Editor

3 years ago

The circular signed by Dr. O.S. Nnaji, director trade and exchange department also capped foreign currency transactions carried out by…
Chartered Institute of Bankers of Nigeria (CIBN) says efforts of CBN to ensure that attain its true value are already yielding dividend.

CIBN declares support for efforts by Tinubu, CBN to save the naira

Ayorinde Oluokun

3 years ago

CIBN also commended President Bola Tinubu for the ongoing efforts to unify the Naira exchange rate to save the country…
Tinubu says his government will utilise gas to boost economy

How we will utilise gas resources to catalyse growth of Nigeria’s economy – Tinubu

Kazeem Ugbodaga

3 years ago

Tinubu affirmed the position of natural gas as Nigeria’s gateway to sustainable development and prosperity, pledging to build a partnership…
UNN

FG inaugurates solar-powered electric vehicle charging station in UNN

Isa Isawade

3 years ago

“This informs the reason why NADDC, an agency in the Federal Ministry of Industry, Trade and Investment is sponsored by…
Court adjourns to hear applications by different factions of Shareholders of First bank Holdings over the controlling shares of the bank

First Bank: Court adjourns suit as shareholders’ battle gets messier

Ayorinde Oluokun

3 years ago

Justice Oweibo had on August 14 warned FBN Holdings' Group Managing Director, Nnamdi Okonkwo, not to disobey the order restraining…
NNPCL secures $3bn emergency crude repayment loan from Afreximbank

NNPCL secures $3bn emergency crude oil repayment loan from Afreximbank

Kazeem Ugbodaga

3 years ago

The deal will cushion the effect of fuel price jump and scarcity of forex, associated with the free float of…
Tinubu assents to Electricity Act (Amendment) Bill

Tinubu disappoints bondholders by avoiding new fuel price hike

PM NEWS Editor

3 years ago

The scrapping of the fuel subsidy saw petrol prices more than triple and pushed already double-digit inflation to an 18-year…
An image of cars on display just for illustration

Auction village for vehicles to open soon

Isa Isawade

3 years ago

"We want them to see the ingenuity of exploring such kind of opportunity by giving us all necessary cooperation and…

Diversify into agriculture to stem rising inflation, Nzekwe tells FG

Isa Isawade

3 years ago

“If the federal government can get agriculture right, this will automatically bring down the nation’s inflation rate because it affects…
Majestic Rig capsizes

One person dies, three missing as Seplat’s oil rig capsizes

PM NEWS Editor

3 years ago

In a statement by CEO Roger Brown, Seplat said the rig was in-transit to its planned drilling location at Ovhor…
Vice President Kashim Shettima,commend Google over the offer of N1.2bn grant to support President Tinubu govt's one million jobs initiative.

VP Shettima excited by Google’s N1.2b grant initiative

Ayorinde Oluokun

3 years ago

Vice President Kashim Shettima and the executives of Google at the meeting in his office on Tuesday
NNPCL resumes operation at Forcados Terminal, oil production to rise by 350,000bpd

NNPCL resumes operation at Forcados Terminal, oil production to rise by 350,000bpd

Kazeem Ugbodaga

3 years ago

With this, NNPCL is getting close to the August target of 1.8 million barrel per day oil projection target.
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