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Business

L-R, Prof Bolaji Owasanoye (Chairman, ICPC) in a chat with Dr Adeyemi Dipeolu (Chairman, Inter-Agency Committee On Stopping IFFs from Nigeria, during the programme

ICPC to probe financing of abandoned Abuja estates [Updated]

Ayorinde Oluokun

4 years ago

ICPC said a key sector to the laundering of IFFs at their origin globally is the Real Estate which is…
Naira

Dollar batters Naira at Investors and Exporters window

Kazeem Ugbodaga

4 years ago

This represents a 0.08 per cent depreciation compared to N416.17 recorded on Friday. The open indicative rate also closed at…
Allianz Insurance

We have no plan to leave Nigeria: Allianz Insurance

Michael Adesina

4 years ago

Allianz Nigeria Insurance Ltd. on Monday said it had no plan to leave Nigeria as speculated, having invested over 18…
NASME partners MTN MoMo for a mobile money platform for start-ups and Small and Medium Enterprises (SMEs) to grow their businesses.

Breaking: MTN gets CBN approval to operate Momo Payment Bank

PM NEWS Editor

4 years ago

In a corporate disclosure, filed by company secretary Uto Ukpanah, MTN explained that the final approval was given by the…
Ghana set to borrow via bonds issuance

Ghana set to borrow $3.24 billion via bonds issuance

PM NEWS Editor

4 years ago

Ghana's economy is currently facing a raft of financial woes including rampant inflation, a depreciating currency and a heavy debt…
U.S. tech billionaire, Elon Musk, says one of the mistakes by DOGE in recent weeks is cutting funding for Ebola virus prevention efforts.

Elon Musk makes U-Turn on joining Twitter board

PM NEWS Editor

4 years ago

Twitter CEO Parag Agrawal tweeted the news, which followed a weekend of Musk tweets suggesting possible changes to Twitter, including…
Kwara govt says it will pay arrears of pension and gratuity for local government retires among others from N3.5bn Sure-P refund of FG

AbdulRazaq signs Kwara’s MSME Bureau Bill

Nimot Sulaimon

4 years ago

The Bureau will provide industrial extension services to micro, small and medium scale enterprises, fabricators of machinery, and beneficiaries of…
Buttermilk Pancake and waffle mix

Buttermilk pancake and waffle mix contaminated: NAFDAC warns Nigerians

PM NEWS Editor

4 years ago

The Director-General, on behalf of NAFDAC, implores importers, distributors, retailers, healthcare providers and consumers to exercise caution in the importation,…
National Grid

Nigeria probes latest national grid outage [Updated]

PM NEWS Editor

4 years ago

A detailed investigation into the immediate and remote causes of the recurring grid failure is currently ongoing by the Nigerian…
Bello-Koko MD of NPA

Bello-Koko reshuffles NPA top managers

PM NEWS Editor

4 years ago

Mr. Ibrahim Nasiru, GM Corporate communications said the appointments were made in furtherance of Bello-Koko's goal to reposition the country’s…
National Grid

DISCOs report another national grid collapse, 5th in 2 months

PM NEWS Editor

4 years ago

Power distribution companies, known as DISCOs such as AEDC, EEDC and Kaduna electric confirmed the collapse.
roger Ng

Goldman Sachs ex-staff Roger Ng convicted for role in looting Malaysia’s IMDB fund

PM NEWS Editor

4 years ago

Prosecutors have said Goldman helped 1MDB raise $6.5 billion through three bond sales, but that $4.5 billion was diverted to…
NIMASA DG Bashir Jamoh presents a souvenir to EU Gulf of Guinea ambassador Nicolas Martinez

EU commends Nigeria for war against maritime crimes in Gulf of Guinea

PM NEWS Editor

4 years ago

EU Senior Coordinator for the Gulf of Guinea, Amb. Nicolas Martinez, leading a delegationn, made the commendation at the end…
GTCO

GTCO shareholders endorse N3 dividend payment

Nimot Sulaimon

4 years ago

The bank had proposed a final dividend of N2.70 per unit of ordinary share held by shareholders in addition to…
Adewale Opaleye, CEO, Alerzo Limited

Alerzo boosts business for over 80,000 retailers

PM NEWS Live

4 years ago

Alerzo is one of the innovative Business-to-Business e-commerce platforms deploying technology to reinvent the distribution value chain in the informal…
Google

Google notifies publishers: No payment for content on Ukrainian war

PM NEWS Editor

4 years ago

"Due to the war in Ukraine, we will pause monetization of content that exploits, dismisses, or condones the war", the…
Germany's Finance Minister Christian Lindner

Germany set to roll out aid for Ukrainian war-hit companies

PM NEWS Editor

4 years ago

Finance Minister, Christian Lindner said in the Bundestag on Friday that he and the Economy Minister Robert Habeck have agreed…
Fuel

Petrol subsidy to gobble N4 Trillion or $9.85 Billion: Buhari

PM NEWS Editor

4 years ago

The new figure is N1.5 trillion more than initially estimated for petroleum subsidy in 2022, according to Buhari's letter in…
Ade Ogundeyin of Proforce Air Systems and Aeraccess CEO, Shehzaad CAllachand sign the agreement to make drones

Drones to detect terrorists to be made in Ogun state

PM NEWS Editor

4 years ago

Proforce, which deals with military armoured vehicles and is based in Ode Remo in Ogun state said the drones would…
or the Nigerian market.

FG approves N35bn for projects in aviation sector

Ayorinde Oluokun

4 years ago

Sirika said N5.6 billion of the money was approved for the maintenance of the nation’s new international building terminals in…
Tope Awotona of Calendly

Lagos-born Tope Awotona now tech billionaire in U.S.: Forbes

PM NEWS Editor

4 years ago

Nine years ago, Awotona started Calendly, pouring his life savings of $200,000 into it and later quitting his job selling…
PESONS

Real estate firm PESONS Limited announces new website

Taiwo Okanlawon

4 years ago

The No. 1 Family-owned Property Investment Company in Africa, ‘Patrick Egemasi & Sons Limited’ also known as PESONS is pleased…
Image for the illegal Russia Hydra Market

German police shut Russia’s Hydra Market, world’s largest online

PM NEWS Editor

4 years ago

Computer servers in Germany and bitcoins with a total value of 23 million euros (25 million dollars) were seized during…
President Buhari

Nigeria Africa’s fertiliser powerhouse: Buhari

PM NEWS Live

4 years ago

Buhari noted that a key indicator of the present government’s successful policies is the fact that the country had no…
U.S. issues 300 new sanctions against Russia, allies

U.S. ratchets up pressure on Russia, blocks debt payment

PM NEWS Editor

4 years ago

The move was meant to ratchet up pressure on Moscow and eat into its holdings of dollars.
Patience Oniha of DMO

DMO lists 2 new FGN savings bonds for subscription

PM NEWS Editor

4 years ago

The first, a two-year FGN Savings Bond, comes at an interest rate of 7.33 per cent per annum, and would…
Reserve Bank of Zimbabwe

Zimbabwe jacks up interest rate to world record 80%

PM NEWS Editor

4 years ago

The Reserve Bank said its monetary policy committee was concerned with an escalation in annual inflation, which reached 72.7% in…

UPS partners Jumia to expand logistics services in Africa

Kazeem Ugbodaga

4 years ago

Leveraging the Jumia infrastructure in Africa, UPS will offer its customers an extended range of delivery solutions, including door to…
Musk

Elon Musk buys 9.2% Twitter stake worth $3bn

Taiwo Okanlawon

4 years ago

Musk, already the world’s richest person according to the Bloomberg Billionaires Index, has made about $1.1 billion since mid-March, based…
Executive Director, Strategy Capital Projects and Portfolio Development, Dangote Group, Mr. Devakumar Edwin, conducting the Minister of Information and Culture, Alhaji Lai Mohammed, round the Dangote Refinery complex in Ibeju-Lekki, Lagos, on Sunday.

Nigeria begins Urea Fertiliser export to U.S., Brazil, others

Ayorinde Oluokun

4 years ago

President Muhammadu Buhari on March 22 inaugurated the Dangote Fertiliser Plant which is Africa’s largest granulated Urea fertiliser complex
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