Business

Buhari: Siemens AG in Nigeria to modernise power distribution

PM NEWS Editor

7 years ago

Full text of the speech by President Muhammadu Buhari at a meeting in Abuja Monday with Mr Joe Kaeser, CEO/…

Asian markets tank, oil prices rise ahead of US rate cut

PM NEWS Editor

7 years ago

Asian markets were in retreat Monday on dimming hopes for a deep interest rate cut by the US Federal Reserve,…

TCN suspends KEDCO from electricity market

PM NEWS Editor

7 years ago

The management of Transmission Company of Nigeria (TCN), says it has issued suspension and disconnection orders to Kano Electricity Distribution…

NNPC records N6.33bn trade surplus in May

Kazeem Ugbodaga

7 years ago

The Nigerian National Petroleum Corporation (NNPC) said it recorded a trade surplus of N6.33 billion for the month of May,…

NNPC sells $6b crude in one year, records N6.33b surplus for May

PM NEWS Editor

7 years ago

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N6.33 billon for the month of May 2019…

Terror scare: British Airways cancels flights to Cairo

PM NEWS Editor

7 years ago

British Airways suddenly cancelled all flights to Cairo today amid security concerns.

Zenith Bank unveils “Style by Zenith 2.0’’

Isa Isawade

7 years ago

Zenith Bank Plc has launched “Style by Zenith 2.0’’, the second edition of its flagship lifestyle fair dedicated to intentionally…

Ex-Nissan chief Carlos Ghosn sues Nissan, Mitsubushi

PM NEWS Editor

7 years ago

Carlos Ghosn, former NISSAN chairman, currently under house arrest in Tokyo, is suing Nissan and Mitsubishi in a Dutch court…

Photos: Ronaldo models his own branded underwear

PM NEWS Editor

7 years ago

Cristiano Ronaldo has launched his new CR7 underwear line -- and shocking he is at the centre of it all,…

Nigeria loses N6 trillion to Apapa gridlock: OPS

PM NEWS Editor

7 years ago

The Organised Private Sector (OPS) said Nigeria had lost about N6 trillion across the different sectors due to the Apapa…

Christine Largarde formally bows out of IMF

PM NEWS Editor

7 years ago

The International Monetary Fund has now formally accepted the resignation of its managing director, Christine Lagarde, who has been appointed…

Flight operations back to normal: Dana Air

PM NEWS Editor

7 years ago

Nigerian carrier Dana Air says it has resumed scheduled flight operations following a minor fault developed by one its aircraft…

MRS, Vitol, Oando, AYM Shafa win NNPC crude-for-fuel contracts

PM NEWS Editor

7 years ago

The NNPC has reportedly issued award letters for highly sought-after contracts to exchange crude oil for imported fuel, with some…

Ford, VW join forces for electric auto cars

PM NEWS Editor

7 years ago

Ford and Volkswagen have joined forces to develop autonomous and electric cars and said they were also looking at other…

Chinese Fosun Group mulls Thomas Cook takeover

PM NEWS Editor

7 years ago

China's Fosun Group is considering nearly a billion dollar rescue of embattled British tour operator Thomas Cook, the Hong Kong-listed…

Nigeria’s petrol cheapest in West Africa, 7th in the world

PM NEWS Editor

7 years ago

At 40 cents or N145, Nigeria's pump price for petrol is the 7th cheapest in the world and the cheapest…

GTBank named best Bank in Africa at Euromoney Awards

Kazeem Ugbodaga

7 years ago

Foremost African financial institution, Guaranty Trust Bank plc has been named the Best Bank in Africa 2019 by Euromoney at…

Nigerian governors seek new deal on petrol subsidy

PM NEWS Editor

7 years ago

The Nigeria Governors’ Forum (NGF), has told Mele Kolo Kyari, the new Group Managing Director of the Nigerian National Petroleum…

Buhari boosts fortunes of Nigerian textile manufacturers

PM NEWS Editor

7 years ago

President Muhammadu Buhari has with a stroke of pen boosted the bottom line of Nigerian textile manufacturers.

Once again NNPC quells rumours of petrol price increase

PM NEWS Editor

7 years ago

The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard trending rumour of a…

France approves tax on tech giants despite US threats

Taiwo Okanlawon

7 years ago

France has approved a digital services tax despite threats of retaliation by the US, which argues that it unfairly targets…

TSA fetches Buhari over N10 trillion

Lanre Babalola

7 years ago

The Muhammadu Buhari administration has collected over N10 trillion from the implementation of the Treasury Single Account (TSA) from 1,674…

Nigeria’s Petrol Price Cheapest in West Africa – NNPC Boss

Lanre Babalola

7 years ago

The new Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, Thursday disclosed that the petroleum price…

Maraphone planning smartphone manufacturing in Nigeria

Isa Isawade

7 years ago

A mobile phone manufacturing company, Maraphone, says it is exploring the possibility of establishing manufacturing plant in Nigeria for the…

Volkswagen finally kills ‘Beetle’, churns out last 65 units in Mexico

PM NEWS Editor

7 years ago

There is no killing the Beetle, ran a commercial by the German auto giant Volkswagen, about its cheapest model, that…

Instagram unveils new tool to allow users ‘shadow ban’ bullies

Taiwo Okanlawon

7 years ago

A photo and video-sharing social networking service owned by Facebook, Instagram has officially unveiled a new way to fight cyberbullying…

Nigeria’s public debt hits $81.27 billion

PM NEWS Editor

7 years ago

Nigeria's total public debt that aggregates both external and domestic debt has ballooned to N24.947 trillion ($ 81.274 billion), according…

Lady Gaga goes into cosmetics business on Amazon

PM NEWS Editor

7 years ago

Pop star Lady Gaga has announced a line of beauty products exclusively for sale on Amazon in a boost to…

Cloud computing: IBM buys Red Hat for $34b

PM NEWS Editor

7 years ago

International Business Machines Corp has acquired software company Red Hat Inc, for USD 34 billion as it looks to ramp…

Jay-Z goes into marijuana venture

PM NEWS Editor

7 years ago

Billionaire rapper Jay-Z has joined the fast-growing cannabis industry, taking a role with California company Caliva as a strategist.

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