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Business

DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

DMO re-opens 3 federal bonds

Nimot Sulaimon

4 years ago

The bonds are offered at N1,000 per unit, subject to a minimum subscription of N50 million, and in multiples of…
The National Security Council says it orders reopening of the Obajana Cement Company for the sake of peace and Nigeria’s economic prosperity.

Our Ownership of Obajana Cement Plant Lawful – Dangote

Ademola Adegbamigbe

4 years ago

The management of Dangote Industries Limited has insisted that its acquisition of the Obajana Cement Plc in 2002 followed due process, contrary…
The National Security Council says it orders reopening of the Obajana Cement Company for the sake of peace and Nigeria’s economic prosperity.

How we acquired Obajana Cement 100% in 2002 – Dangote Group

Ayorinde Oluokun

4 years ago

It said in line with its rights, ensuring alignment with the Dangote Brand, as part of internal restructuring and for…
The beneficiaries

Keystone Bank employees enroll 40 youths in digital skills training programme

Kazeem Ugbodaga

4 years ago

The beneficiaries who are university undergraduates, National Youth Service Corps members and fresh graduates were impacted with digital skills consisting…
L-R: Sam Egube, commissioner for economic planning and budget, Lagos State; Nike Aboderin, director, finance and account, Federal Airports Authority of Nigeria (FAAN); Hadi Sirika, minister of aviation; Babajide Sanwo-Olu, governor, Lagos State, his deputy Obafemi Hamzat; Rabiu Yadudu, managing director, FAAN, and Ope George, director general, Public Private Partnership, Lagos State Government, during the opening ceremony of Ehingbeti Lagos Economic Summit 2022 in Lagos.

Sanwo-Olu declares open 9th Ehingbeti Summit to chart paths for sustainable economic growth

Kazeem Ugbodaga

4 years ago

The two-day event taking place at the Eko Hotel and Suits is being attended by stakeholders in and outside of…
NUBIFIE warns new owners of Polaris Bank to guarantee job security of the existing staff to ensure industrial peace and harmony

Four millionaires to emerge as Polaris Bank announces New ‘Save & Win’ Promo

Kazeem Ugbodaga

4 years ago

Four millionaires will emerge alongside 4,379 Nigerians who will be rewarded with other cash gifts from N100,000.00 up to N500,000.00…

Hibah Consulting Ltd to host Islamic Business Workshop

Nimot Sulaimon

4 years ago

This seminar, according to Hibah, will help business owners avoid interest, unlawful earnings, and shady business transactions.
Victims of Kogi governor Yahaya Bello’s invasion of Dangote Cement Obajana  

Photos: Victims of Yahaya Bello’s invasion of Dangote Cement Obajana  

Ademola Adegbamigbe

4 years ago

Destruction of the company’s assets, wounding of with gunshots, and violation of the fundamental human rights of staff and commuters…
Oil pipelines

How thieves have been tapping Nigeria’s oil for 9 years

Ademola Adegbamigbe

4 years ago

The sophisticated operation had been going on for nine solid years before it was discovered by security operatives. Stealing of…
The National Security Council says it orders reopening of the Obajana Cement Company for the sake of peace and Nigeria’s economic prosperity.

Yahaya Bello’s “ta ta ta ta” at Dangote Cement, Obajana

Ademola Adegbamigbe

4 years ago

Dr Festus Adedayo, journalist and lawyer writes that now, the ongoing spat between Yahaya Bello, with the Kogi State government…
Nigerian bourse records further downturn, capitalisation loses N281bn

Stock market closes week positive, gains N50bn

Nimot Sulaimon

4 years ago

Financial analysts at Vetiva Securities said the month started off weak, with price dips in heavyweights dragging the market.
Dangote cement plant Obajana

Dangote breaks silence over Cement Plant

Nimot Sulaimon

4 years ago

Dangote has taken steps to get the hoodlums apprehended by the law enforcement agencies, and would ensure that full legal…
Adewale Opaleye, CEO, Alerzo Limited

Technology is a crucial driver of Nigeria‘s economy – Alerzo Group CEO

Kazeem Ugbodaga

4 years ago

Opaleye made the disclosure on the back of a recent GDP report by the National Bureau of Statistics (NBS) that…
Globacom

Glo launches banking payment platform

Nimot Sulaimon

4 years ago

According to Glo, one key feature of the MoneyMaster product is that the customer’s phone number will be used as…
Buhari laying the budget before the National Assembly

Inside Buhari’s 2023 budget of N20.51 trillion

Kazeem Ugbodaga

4 years ago

A look at the budget showed that it is predicated on oil price benchmark of 70 US Dollars per barrel…
President Buhari gets 7 days deadline to arrest sponsors of attacks on INEC offices

How we are going to finance fresh N10.78 trillion borrowing – Buhari

Kazeem Ugbodaga

4 years ago

Buhari added that the nation had witnessed two economic recessions within the period of his administration, saying a direct result…
President Buhari gets 7 days deadline to arrest sponsors of attacks on INEC offices

Buhari reveals greatest threat to Nigeria’s fiscal viability

Kazeem Ugbodaga

4 years ago

The president, in his budget presentation to the National Assembly said revenue shortfalls remained the greatest threat to the nation's…
Buhari hailed for acknowledging military's successes against Boko Haram

What Buhari said about Nigeria’s humongous N42.8trn debt profile

Kazeem Ugbodaga

4 years ago

Buhari said the nation's debt position remained within cautious and acceptable limits compared to peer countries.
Google removes pledge not to use AI for weapons

Google announces first Cloud Region in Africa

Michael Adesina

4 years ago

Google on Wednesday announced its intent to establish a new Google Cloud region in South Africa – it's first on…
Dangote cement plant Obajana

Kogi Govt vigilantes shoot workers of Dangote Cement Plant

Ademola Adegbamigbe

4 years ago

No fewer than seven staff of Dangote Cement, Obajana in Kogi state were shot and several others injured as over…
DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

DMO releases another N72bn borrowing plan

Nimot Sulaimon

4 years ago

According to the calendar, on Oct. 17, the DMO will re-open a 14.55 per cent, April 2029 bond valued at…
Reps Committee queries Chevron Nigeria Limited over increase in cost of EGTL Gas Project from 2.9 billion dollars to 10.7 billion dollars.

Reps C’ttee queries Chevron over $10.7bn gas-to-liquids project

Ayorinde Oluokun

4 years ago

Rep. Hassan Fulata said that a similar project was executed in Qatar for less than $2.5 billion within a very…
Twitter imposes restriction on number of tweets to read per day

Mercurial Elon Musk offers to buy Twitter again

PM NEWS Editor

4 years ago

The letter from Musk’s lawyer dated Monday and disclosed by Twitter in a securities filing said Musk would close the…
Nigerian youths hail Kyari’s transparency drive, beg Nigerians to be patient

NNPC posts N674 billion profit

Kazeem Ugbodaga

4 years ago

The profit represented a growth of 134.84 per cent when compared with N287 billion profit in 2020 which was recorded…
Nestlé is investing over one billion Swiss Franc ( $1.01 billion) in its Nescafé Plan 2030 to help drive regenerative agriculture, reduce greenhouse gas emissions and improve farmers’ livelihood.

Nestlé unveils Nescafé Plan 2030 with $1.01bn investment

Ayorinde Oluokun

4 years ago

Nestlé’s largest coffee brand and one of the world’s favourite coffees, has outlined its extensive plan to help make coffee…
Kim Kardashian

Kim Kardashian sanctioned for promoting cryptocurrency

PM NEWS Editor

4 years ago

The reality TV star also must give up the $250,000 she was paid for the Instagram post about Ethereum Max…
Members of Rivers APC jubilate over Court of Appeal judgement restoring Tonye Cole, as governorship candidate for 2023 election.

Tonye Cole emerges ‘2022 Businessman of the Year’

Nimot Sulaimon

4 years ago

Cole polled 367,547 votes, or 57 percent of all votes to defeat Obi Cubana who secured 166,458 votes while Chief…
Buhari

How Africa’s Free Trade Area can succeed – Buhari

Kazeem Ugbodaga

4 years ago

The Conference, Buhari said, should also seek and advance innovative solutions to support our common quest for the expansion of…
The Tax Controller, Enugu Medium and Small Tax Office of FIRS Mrs Stella Obiora, says the organisation generated N10.04 trillion in 2022

ICAN members sue FIRS over tax seal

Ayorinde Oluokun

4 years ago

The ICAN members are challenging FIRS over the implementation of the CITN seal as a condition-precedent for filing of annual…
Mr Fidet Okhiria, Managing Director, Nigerian Railway Corporation (NRC)

NRC develops Train Track Access Framework to encourage PPP

Ayorinde Oluokun

4 years ago

The establishment of Train Track Access Framework would enable third parties to use the track.
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