Business

Tesla’s CFO Zachary Kirkhorn steps down

Nimot Sulaimon

3 years ago

Tesla’s Chief Financial Officer, Zachary Kirkhorn, has resigned, shocking analysts who saw the 13-year business veteran as a likely successor…

PayPal launches dollar-backed stablecoin

Michael Adesina

3 years ago

While stablecoins - crypto tokens whose monetary value is pegged to a stable asset to protect from wild volatility -…

U.S. dollar batters Naira at exporters window

PM NEWS Editor

3 years ago

The Naira lost by 4.27 per cent when compared with N743.07 for which it exchanged for the dollar at the…

We are set to revolitionise future of electrical industry – Zobis Electrical CEO

Kazeem Ugbodaga

3 years ago

Ezeobi said since inception, the company had been inspired by the promise of a better life, which innovative engineering promises.

Heritage bank reassures customers as concerns mount

Michael Adesina

3 years ago

However, some customers of Heritage Bank, who still struggle with poor customer service, delayed transfers, inability to move depositor funds…

Forensic audit of CBN, serious structural review of Civil Service payroll underway – Tinubu

Kazeem Ugbodaga

3 years ago

''A comprehensive forensic audit is on-going at the Central Bank. We are going to do very serious structural review of…

Chowdeck strikes deal with Chicken Republic on delivery services

Kazeem Ugbodaga

3 years ago

The partnership has successfully delivered hundreds of thousands of orders on a monthly basis, as well as ensuring ease and…

Verve to reward consumers with free fuel, others at its Life Promo

Kazeem Ugbodaga

3 years ago

Speaking at the event, Cherry Eromosele, Executive Vice President & Group Chief Marketing and Communications Officer, Interswitch Group, said the…

Saudi extends voluntary cut in oil production

Nimot Sulaimon

3 years ago

In September, the kingdom will produce nearly 9 million barrels of oil per day.

GlaxoSmithkline closes shop in Nigeria after 51 years

PM NEWS Editor

3 years ago

GlaxoSmithKline started business as Beecham in Nigeria in 1972 as an affiliate of GlaxoSmithKline Worldwide.

DMO lists N130bn sukuk on NGX, FMDQ

Nimot Sulaimon

3 years ago

By Kadiri Abdulrahman The Debt Management Office (DMO) plans to increase its capital market offering by listing its N130 billion…

Kano entrepreneurs must work on building customers’ trust – 9mobile

Kazeem Ugbodaga

3 years ago

9mobile gave Kano SMEs a masterclass in how to nurture customer loyalty through relationship selling during the two-day event, signposted…

H1 2023: FCMB Group Plc Reports 148% Profit Growth

Ademola Adegbamigbe

3 years ago

FCMB Group Plc records positive financial performance across key indicators with a 148% growth in profit before tax of N38.2…

Traders groan as Anambra govt sacks over 100 businesses

Nimot Sulaimon

3 years ago

By Chimezie Anaso About 100 microbusinesses have been relocated in the Ukwu-orji, Ekwulobia Street, and Ministry of Land areas surrounding…

Chinese Yuan strengthens against U.S Dollar

Nimot Sulaimon

3 years ago

In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the…

Naira posts marginal gains against Dollar at Investors, Exporters window

Kazeem Ugbodaga

3 years ago

The local currency gained 2.43 per cent when compared with N775.76 which it exchanged for the dollar at the close…

Palliatives: FG to provide N200bn intervention for food, agriculture

Kazeem Ugbodaga

3 years ago

President Bola Tinubu made the announcement in a nationwide broadcast tagged: “After Darkness Comes the Glorious Dawn’’ on Monday in…

Fuel subsidy removal: We’ve saved over a trillion naira in two months – Tinubu

Kazeem Ugbodaga

3 years ago

The president, in a nationwide broadcast on Monday evening said the money saved would have been squandered on the unproductive…

Where Does Nigeria’s iGaming Industry Stand in the Global Market?

Kazeem Ugbodaga

3 years ago

Due to its tech-savvy population consisting of almost 200 million citizens, Nigeria has seen its online casino market undergo considerable…

Dangote Cement to establish block makers academy

Nimot Sulaimon

3 years ago

By Kayode Adebiyi Dangote Cement Plc intends to develop an academy to promote the seamless transfer of required skills to…

Interswitch to Sponsor 2nd Nigeria Fintech Forum

Kazeem Ugbodaga

3 years ago

Organized by Eventhive.ng, the Nigeria Fintech Forum is a highly anticipated event that draws prominent stakeholders from both the public…

Fuel subsidy: NECA cautions NLC over proposed protest

Ayorinde Oluokun

3 years ago

Smart-Oyerinde expressed worry over what he described as the parlous state of the economy, and the mobilisation for civil action…

Max Air resumes domestic flight operations

Nimot Sulaimon

3 years ago

Max Air resumes domestic flight operations today, two weeks after the Nigeria Civil Aviation Authority (NCAA) suspended the airline’s operations…

Nigerian Breweries posts N277bn revenue in six months

Kazeem Ugbodaga

3 years ago

Agbebaku said the half-year results were majorly impacted by the devaluation of the naira which led to revaluation of foreign…

Global economic growth to drop to 3.0% in 2023-24, says IMF

Ayorinde Oluokun

3 years ago

IMF’s latest World Economic Outlook (WEO) Update Report for July 2023: “Near-Term Resilience, Persistent Challenges” released on Tuesday.

What Tinubu told Google executive that will excite Nigerian youths

Kazeem Ugbodaga

3 years ago

Tinubu told the visiting Google executive that Nigeria had creative and talented young people who are ready and motivated to…

Chinese Yuan drops value against U.S Dollar

Nimot Sulaimon

3 years ago

In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the…

Zuckerberg speaks on “cage match” against Elon Musk as many users dump Threads

Michael Adesina

3 years ago

Mark Zuckerberg on Thursday responded to a question regarding the proposed “cage match” against Elon Musk. Speaking on the highly…

Glo, Palmpay unveil recharge and Win Promo

Kazeem Ugbodaga

3 years ago

The new promotion, which runs between July 26 and October 3, 2023 gives Nigerians who purchase Glo data and airtime…

Lagos, UN collaborate to empower women-owned businesses

Kazeem Ugbodaga

3 years ago

The Director-General stated that as an important vehicle for the delivery of the development Agenda of the present administration in…

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