Business

Ethiopian Airlines banned ‘Ghana-Must-Go’ bags, not us – FAAN

Oluwapelumi Oluwayemi

2 years ago

This measure aimed to prevent damages that led to significant costs for the airlines and requested passengers' cooperation to ensure…

CBN announces date to freeze all bank accounts without BVN, NIN

Kazeem Ugbodaga

2 years ago

The CBN, in a circular jointly signed by the Director, Payments System Management Department, Chibuzo Efobi, and Director, Financial Policy…

Gov. Abiodun budgets N703bn for 2024

Kazeem Ugbodaga

2 years ago

Giving a breakdown of the budget tagged "The Budget of Sustained Growth and Development," the governor said that it was…

Microsoft secures observer position on OpenAI’s board

Oluwapelumi Oluwayemi

2 years ago

Microsoft will be joining Larry Summers, the former United States Treasury Secretary and influential political figure, who was appointed last…

Sanwo-Olu seeks collaboration with African leaders in harnessing continent’s investment potential

Kazeem Ugbodaga

2 years ago

Sanwo-Olu emphasized that “Africa’s large and youthful population which provides both valuable human capital and huge markets; and expansive natural…

FG, US hold talks on funding mining projects in Nigeria

Kazeem Ugbodaga

2 years ago

Pratt said his visit to Alake followed an earlier meeting with President Bola Ahmed Tinubu who sought the support of…

CBN orders banks to issue, accept old, redesigned Naira banknotes

Kazeem Ugbodaga

2 years ago

This follows the order of the Supreme Court on Wednesday, November 29, 2023, granting the prayer of the Minister of Justice…

Tinubu: Nigeria’s economy to grow by 3.76% in 2024 (Full budget speech)

Kazeem Ugbodaga

2 years ago

Tinubu, who presented the 2024 budget to the joint National Assembly in Abuja, added that inflation is expected to moderate…

Alake woos investors for Nigerian mining sector at UK Conference

Ayorinde Oluokun

2 years ago

Alake assured foreign investors of a conducive business environment and a low production cost that will enhance their profitability if…

$43.7bn trade, investment deals sealed at IATF2023 – Afreximbank

Ayorinde Oluokun

2 years ago

Afreximbank, working with the African Union and other strategic partners, inaugurated the Intra-African Trade Fair in 2018 as a key…

Adebayo Alli replaces Musunga at Guinness as managing director

PM NEWS Editor

2 years ago

Alli who is taking charge of Guinness from 1 January, was the commercial director before his new appointment. He joined…

Fiducia becomes partner of Factors Chain International

Kazeem Ugbodaga

2 years ago

Chief Executive Officer, Fiducia, Imohimi Aig-Imoukhuede, announced the onboarding of Fiducia into the global body in a statement, and described…

Sanwo-Olu: We’ll deploy technology for sustainable local challenges

Kazeem Ugbodaga

2 years ago

Sanwo-Olu said his administration understands clearly that the key role of government in the emerging global ecosystem is to facilitate…

Tinubu writes senate, seeks permission to borrow $8.7bn, €100 million

Kazeem Ugbodaga

2 years ago

Tinubu stated that the project cuts across all sectors, with specific emphasis on infrastructure, agriculture, health, water supply, roads, security,…

FCMB Group Reports 108% YoY Growth in Profit Before Tax

Ademola Adegbamigbe

2 years ago

FCMB Group Plc (NGX: FCMB) today announced a 108% Year-on-Year (YoY) growth in profit before tax (PBT) to N55.1 billion…

Keyamo issues ultimatum to NSIB to release investigative report on Flight NUA0504

Kazeem Ugbodaga

2 years ago

Keyamo minister directed the Director-General of Nigeria Civil Aviation Authority of Nigeria (NCAA) to hold a crucial briefing with all…

Missing N43bn: Reps threaten to hand over NCAA management to EFCC

Kazeem Ugbodaga

2 years ago

From the documents submitted to the Committee, NCAA declared N12.7 billion revenue from the share of the gross revenue allotted…

Tinubu to present 2024 Budget to National Assembly on Wednesday

Kazeem Ugbodaga

2 years ago

The two National Assembly leaders are expected to read the President’s letter to Senators and Members of the House of…

FEC approves 2024 appropriation bill of N27.50trn

Kazeem Ugbodaga

2 years ago

The government had proposed N26.2 trillion earlier but had reviewed the Medium Term Expenditure Framework (MTEF) that was approved by…

MultiChoice to launch GOtv Streaming App

Kazeem Ugbodaga

2 years ago

The newly launched GOtv Stream is set to reshape the content consumption pattern of GOtv customers by offering real-time access…

Kwara, IHS Nigeria sign MoU to establish technology innovation facility

Kazeem Ugbodaga

2 years ago

The project tagged “Ilorin Innovation Hub” is part of the Kwara State Government’s efforts to stimulate and deepen the alignment…

Cement price slash scammer in police net

Isa Isawade

2 years ago

Hundeyin explained that Ezeukwe created a bogus but convincing online advert in September purportedly by Dangote Cement, claiming a massive…

Experts laud CBN over planned recapitalisation of banks

Isa Isawade

2 years ago

“In addition, they need to recapitalise a little bit so that they can be in strong fittings in case of…

Why CBN lifted restriction of access to forex for importation of rice, 42 other items – Cardoso

Ayorinde Oluokun

2 years ago

The CBN precisely on Oct. 12 2023, announced that it had lifted the ban on the issuance of foreign exchange…

Recapitalisation of banks crucial for Tinubu’s $1 trillion GDP goal – Cardoso

Ayorinde Oluokun

2 years ago

Cardoso announced the plan to demand recapitalisation of operators in the banking industry at the 58th Annual Bankers’ Dinner organised…

Tinubu appoints ex-minister Usman Chairman, nine others as Directors into MOFI Board

Kazeem Ugbodaga

2 years ago

Ngelale said Tinubu placed a premium on accurate and purposeful performance assessment of both commercial and non-commercial government-owned enterprises, as…

Sanwo-Olu unveils new manufacturing factory in Ikeja

Kazeem Ugbodaga

2 years ago

The governor described the project as an “audacious step” taken by the Indian firm to further deepen its investment and…

Google’s Hustle Academy awards N75m to 15 Nigerian SMBs in funding initiative

Kazeem Ugbodaga

2 years ago

The Hustle Academy programme, designed to address specific challenges faced by SMBs in Africa, offers practical skills and resources to…

Ogun: Customs gets 8 trucks to combat smuggling; generates N398m in 1 month

Ayorinde Oluokun

2 years ago

Adejoke Adeleye, Ogun The Ogun Command of Nigeria Customs Service of hasreceived eight land cruiser trucks to combat smuggling in…

Revocation of mining licenses not intended to render people jobless – Idris

Ayorinde Oluokun

2 years ago

Idris said rather than being a means of punishment, the move was aimed at sanitising the sector to fit into…

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