Business

UBA Group records biggest leap in profits, declares interim dividend

PM NEWS Editor

3 years ago

Profit before tax rose from N85.7 billion to N403 billion, while profit after tax also quintupled from N70.3 billion in…

Apapa customs posts N676bn revenue in seven months

Kazeem Ugbodaga

3 years ago

“A total of N136 billion was collected as monthly revenue in August while N10 billion was collected on Aug. 3,…

Zenith Bank declares bumper half year profit, to pay interim dividend

PM NEWS Editor

3 years ago

As a result of the sterling performance, the bank has decided to pay an interim dividend of N15.70 billion to…

Ecobank announces back-to-school packages for customers

Kazeem Ugbodaga

3 years ago

This, according to the bank, will equip them adequately for the new session. The bank also said it has optimised…

Seme Customs Command set to surpass revenue target for 2023

Ayorinde Oluokun

3 years ago

By Esther Komolafe The Seme Command of Nigeria Customs Service is set to exceed its given revenue target for the…

Just In: Apple loses $200 billion in valuation

Michael Adesina

3 years ago

Shares of the Cupertino, California-based company fell as much as 5.1%, bringing its two-day slump to 6.8%. Apple is the…

China’s Huawei triggers concerns in US after launch of Mate 60 Pro

PM NEWS Editor

3 years ago

Huawei was placed on a trade blacklist in May 2019 over national security concerns, forcing its U.S. suppliers and others…

NCC seeks elimination of multiple telecoms taxation

Isa Isawade

3 years ago

Adewolu said that multiple taxation in the telecoms industry had continued to be the bane of economic development in the…

Tinubu gets $14 billion new investment pledges from India

PM NEWS Editor

3 years ago

In pitching for investment, Tinubu said: "We are ready to give you the best returns for investment possible, there's nowhere…

Abuja 2023 trade fair to host over 10 countries, 500 companies

Isa Isawade

3 years ago

Abubakar, represented by ACCI’s Director-General, Ms Victoria Akai, said that the countries that had indicated interest in participating included Switzerland,…

PZ Cussons appoints Ajogwu, Bakrin as directors

PM NEWS Editor

3 years ago

The appointments are subject to ratification at the next Annual General Meeting of the shareholders, said acting company secretary Olubukola…

NERC approves increase in cost of prepaid meter

Isa Isawade

3 years ago

The commission, in the order, said that a single-phase pre-paid meter would now cost N81,975.16k from the N58,661.69 while three-phase…

CG Customs Adeniyi redeploys senior officers, Apapa, others get new Comptrollers

Ayorinde Oluokun

3 years ago

Acting CG Customs Adewale Adeniyi approves key appointments and redeployment within the service to ensure operational efficiency.

Oil prices hit $90 as Saudi Arabia, Russia cut supplies

PM NEWS Editor

3 years ago

Investors had expected both leading oil producers to extend voluntary cuts into October, but the three-month extension was unexpected.

AIT/Raypower blackmailing Rivers govt: Commissioner

Ayorinde Oluokun

3 years ago

Rivers State Government on Monday demolished the building housing the transmitter of AIT/Raypower outfits.

NSIA outlines aggressive healthcare expansion plan, as Reps visits

Kazeem Ugbodaga

3 years ago

The Ad-hoc Committee was constituted by the House of Representatives to investigate the activities of the Nigeria Sovereign Investment Authority…

Fidelity Bank announces date for interim dividend payment

PM NEWS Editor

3 years ago

In the last few years, the bank's fortune has been growing and its performance stellar, since Mrs. Nneka Onyeali-Ikpe took…

Iroche, Nwadiuko quit United Capital as directors

PM NEWS Editor

3 years ago

Both Iroche and Nwadiuko joined the board of United Capital in 2018.

Tinubu once again set to consult Oracle

PM NEWS Editor

3 years ago

"Each time they give me the payroll number, I get so frightened. Where am I going to get the capital…

PZ Cussons offers to buy out Nigerian shareholders

PM NEWS Editor

3 years ago

In its offer, the PZ Cussons Group explained that it believes the transaction is necessary in order to enable them…

Naira slumps against Dollar at investors, exporters window

Kazeem Ugbodaga

3 years ago

The Naira dropped by 1.01 per cent compared to the N740.38 it exchanged for the dollar after the close of…

Breaking: Oando buys 100% AGIP assets in Nigeria

PM NEWS Editor

3 years ago

The AGIP acquisition, a giant leap for the company, increases Oando’s current participating interests in OMLs 60, 61, 62, and…

Alake projects 50% GDP contribution by Solid minerals industry

PM NEWS Editor

3 years ago

He said that the ministry was poised to attract Foreign Direct Investment to the country, adding that the ministry would…

FG set to rejig N-Power Scheme, pay beneficiaries – Minister Edu

Isa Isawade

3 years ago

The statement reported the Minister as saying that the challenges faced by N-Power beneficiaries in terms of delay in payment…

GTCO, Fidelity, Stanbic post bumper profits in H1

PM NEWS Editor

3 years ago

Like GTCO, Stanbic IBTC also grew its revenue by 58.18 percent to hit N213.334 billion. Pre-tax profits rose by 107.58%,…

How is the 5G rollout going in Nigeria?

Ademola Adegbamigbe

3 years ago

In the realm of digital evolution, where speed and connectivity reign supreme, Nigeria is poised to make its mark with…

Fuel demand down by 30%, says NNPC GMD Kyari

Nimot Sulaimon

3 years ago

Fuel demand has declined by 30 percent since President Bola Ahmed Tinubu announced the removal of fuel subsidies in May.…

Chinese Yuan gains against U.S Dollar

Nimot Sulaimon

3 years ago

In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two percent from the central…

FastCash offers parents up to N200,000 to make back-to-school easier

Ademola Adegbamigbe

3 years ago

As students get set to resume another academic session, FastCash, powered by First City Monument Bank (FCMB), is offering parents…

Tinubu speaks on nuggets of his economic reforms

PM NEWS Editor

3 years ago

He spoke during a meeting on Thursday in Abuja with members of the Board and Management of the Nigeria Economic…

« Prev 1 … 74 75 76 77 78 … 486 Next »