Business

FAAN Takes Over Harry Akande’s Land

PM NEWS Live

13 years ago

The Federal Airports Authority of Nigeria, FAAN, has reclaimed a parcel of land at the Lagos airport which was concessioned…

My Pikin: Convicts Seek Bail Pending Appeal

PM NEWS Live

13 years ago

Two managers of Barewa Pharmarceutical Company, Adeyemo Abiodun and Egbele Austine Eremosele, convicted for producing adulterated My Pikin teething mixture,…

Demand For Grasscutter Is Not Being Met —Farmers

PM NEWS Live

13 years ago

By Prince Arinze Onebunne In Africa, Nigeria is the largest importer of frozen fish (FDF, 2002) and requires approximately 1.5million…

Total launches new oil field off Nigeria

PM NEWS Live

13 years ago

French oil giant Total on Friday said it would begin work on an oil field off the coast of Nigeria,…

Shell shuts major Nigerian pipeline, cuts output

PM NEWS Live

13 years ago

Shell has shut a major pipeline in Nigeria after an explosion and fire in an area where oil theft has…

Kenyan aircraft still grounded in Nigeria

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent A Kenyan aircraft grounded in Nigeria on 3 June 2013 for non-adherence to security procedures remains grounded,…

Nigeria Seized 3.4m Kilogrammes Of Drugs In 23 Years

PM NEWS Live

13 years ago

Nigeria’s anti drug trafficking agency said on Thursday it has seized 3.4 million kilogrammes of hard drugs in the country…

Arik Air Splashes $297m On Next Generation Planes

PM NEWS Live

13 years ago

Nigeria’s largest airline, Arik Air, has signed a firm contract to acquire three CRJ1000 NextGen aircraft and four Q400 NextGen…

Ex-Lagos deputy governor wanted for N130m fraud

PM NEWS Live

13 years ago

Alhaja Sinatu Ojikutu, former deputy governor of Lagos state has been declared wanted by the Police Special Fraud Unit (SFU),…

CBN extends cashless policy to Abuja, 5 more states

PM NEWS Live

13 years ago

The cashless policy of the Central Bank of Nigeria, which has been in force in Lagos since last year, has…

GOtv Launches Two New Channels

PM NEWS Live

13 years ago

From 19 June, two new channels will be added to the growing content of GOtv, P.M.NEWS Showbiz Trends learnt. The…

13 Airports Now Cargo Terminals

PM NEWS Live

13 years ago

Thirteen airports in Nigeria have been designated as perishable cargo airports, authorities said on Tuesday, describing the move as a…

Power Sector Tussle

PM NEWS Live

13 years ago

Two power companies owned by Professor Barth Nnaji, former Minister of Power, take on the Bureau of Public Enterprises in…

Report: West Africa now world’s piracy capital

PM NEWS Live

13 years ago

West Africa has overtaken Somalia as the world’s piracy hot-spot with 966 sailors attacked last year, a report by the…

IBM Offers Lagos ‘Smart Transportation’

PM NEWS Live

13 years ago

A team of IBM experts completing a month-long pro bono consulting assignment, has made recommendations to the Lagos State Government…

Indian Firm Makes Foray Into Nigeria’s Mobile Money Sector

PM NEWS Live

13 years ago

India’s leading mobile financial services technology enabler, Estel Technologies, has entered into a partnership with pan African technology service provider,…

MD Faces Trial Over N1.7b Oil Subsidy Fraud

PM NEWS Live

13 years ago

There is no reprieve yet for the Managing Director and CEO of Stonebridge Oil Ltd, Mr. Samuel Owa who is…

Boko Haram Sacks 19,000 Farmers

PM NEWS Live

13 years ago

Islamic militants have driven 19,000 rice farmers from their land in northeast Nigeria while a military crackdown is preventing thousands…

S/ African company invests in Nigeria’s E-retail firms

PM NEWS Live

13 years ago

Cape Town based Silvertree Capital (www.silvertree-capital.com), an Africa-focused business builder and venture capital investor, has invested in two of Nigeria’s…

N144m Fraud: Ex-Bank GM’s Arraignment Stalled

PM NEWS Live

13 years ago

A Federal High Court sitting in Lagos has adjourned till 30 September, 2013 criminal charges of stealing about N144 million…

Court Awards N5b To Maevis

PM NEWS Live

13 years ago

A Federal High Court sitting in Lagos, southwest Nigeria, on Monday, awarded Maevis Nigeria Limited the sum of N5 billion…

Climate agency warns on dangers of burning coal

PM NEWS Live

13 years ago

With rainfall patterns changing and food growing region getting drier, an Australia climate agency warned today that most fossil fuels…

Nigeria grounds cargo plane from Ukraine

PM NEWS Live

13 years ago

Nigeria’s authorities have grounded a Ukrainian cargo plane suspected to be carrying military hardware at the Malam Aminu Kano International…

Angola begins gas export to Brazil

PM NEWS Live

13 years ago

Angola announced Sunday it has started producing and exporting liquefied natural gas (LNG), with a first shipment departing from the…

Fastjet Airways to Begin Operation in Nigeria

PM NEWS Live

13 years ago

Ayo Oluokun/Abuja Fastjet plc (fastjet), Africa’s lowcost airline, has signed a Memorandum of Understanding (MoU) with Nigeria’s Red1AirwaysLtd(Red 1), to…

Court Fixes Date For Fawaz Suit Against FG

PM NEWS Live

13 years ago

A Federal High Court sitting in Abuja on Thursday fixed 21 June to hear the suit instituted by Mustapha Fawez,…

Microgames Networks Launches Online Casino

PM NEWS Live

13 years ago

Microgames Networks, has launched Nairagames.com, Nigeria’s first online casino which features instant wins on the “wheel of wealth” games. According…

Junk Plane Found In Lagos Suburb

PM NEWS Live

13 years ago

A junk plane belonging to flamboyant preacher and founder of Bethel Ministries, the late Gabriel Oduyemi, triggered panic across Lagos,…

Samsung Heavy wins $3bn order from Nigeria

PM NEWS Live

13 years ago

SEOUL(AFP) – South Korean shipbuilder Samsung Heavy Industries said Thursday it had won a $3.0 billion order to build a…

Court Declines To Hear Taraba Gov’s Health Case

PM NEWS Live

13 years ago

A Federal high Court siting in Abuja on Wednesday declined to wade into a suit relating to the health condition…

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