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Business

Mercedes-Benz

Mercedes recalls over 140,000 cars over pump defect

Nimot Sulaimon

3 years ago

Dealers would replace the fuel pump free of charge, the NHTSA said. A malfunction of the pump could increase the…

Eid-el Kabir: Make-up artists, hairdressers make brisk business

Isa Isawade

3 years ago

"Today, I have over 50 clients and the day is still young. I hope to have more before nightfall.”
Akinwale Thompson and his book

Nigerian-Canadian releases book to guide immigrants in Canada

PM NEWS Editor

3 years ago

With a focus on helping youth, new immigrants and practically anyone, Akinwale Thompson equips readers with the knowledge and tools…
Vice President Kashim Shettima sends message to his friends, others on how to celebrate his 57th birthday coming up on Saturday, 2 September

FG planning urgent introduction of single digit loans for MSMEs – Shettima

Kazeem Ugbodaga

3 years ago

Shettima said government remained committed to providing support, fostering an enabling environment, and improving access to finance for MSMEs, especially…
Musty Mustapha

Kuda launches awareness campaign to drive cashless payments in Nigeria

Kazeem Ugbodaga

3 years ago

According to the fintech’s co-founder and CTO, Musty Mustapha, the thematic campaign named 'Cash Is Hard. Kuda Is Easy' was…
betway

How to access your Betway account, and what to be aware of?

Ademola Adegbamigbe

3 years ago

There are different steps that people need to complete before they can start betting, and one of them is related…
crude oil

Nigeria no longer Africa’s highest crude oil producer – EIA

Nimot Sulaimon

3 years ago

According to data from the Organisation of Petroleum Exporting Countries, Angola produced 1.063 million barrels per day in April, while…

Engineers target electric car assembly plants in Nigeria

Isa Isawade

3 years ago

“We have also partnered and collaborated with Innoson Motors in terms of capacity-building training for automobile assembly in Nigeria, our…
EEDC

Our plan for customers in South East – EEDC Managing Director

Isa Isawade

3 years ago

“Customers who are paying their bills as at when due are helping EEDC to serve them better, but those who…
The Nigeria Customs Service (NCS) has dismissed reports that the Federal Government has lifted the ban on vehicle importation through the Seme border.

Ban on vehicle importation through Seme border not yet lifted – Customs

Ayorinde Oluokun

3 years ago

Seme border was among the four land borders reopened by Federal Government on Dec.16, 2020 by the then Minister of…
Dangote

Dangote donates health, educational facilities to communities in Kogi

Michael Adesina

3 years ago

The launched facilities are located in the host communities of Awo Akpali and Awo Ojuwo in Ankpa local government area.
DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

DMO: Tinubu’s policies will help Nigeria reduce borrowing, boost revenue

Ayorinde Oluokun

3 years ago

The DMO recently released the Market Access Country-Debt Sustainability Analysis (MAC-DSA) for 2022.
MAN warns that the planned 40 per cent hike in the electricity tariff will have negative consequences on the manufacturing sector,

Manufacturers warn against planned 40% hike in electricity tariff

Ayorinde Oluokun

3 years ago

According to MAN, a 40 per cent tariff increase at this time would engender higher costs of production, lower profit…
Cynthia Ikponmwosa, LAPO MD

LAPO Microfinance Bank increases staff salaries

Nimot Sulaimon

3 years ago

LAPO Microfinance Bank Limited was ranked in 2021 by StatiSense, as the 5th largest employer of labour in Nigeria with…
Khalifa Adebayo Alao Biobaku

UAC Nigeria appoints Adebayo Biobaku board vice chairman

PM NEWS Editor

3 years ago

Biobaku is a director in six other companies, such as Themis Capital Management, Director Am & P Advisory Services Ltd,…
Naira

More woes as Naira loses more ground against dollar

Kazeem Ugbodaga

3 years ago

An exchange rate of N801 to the dollar was the highest rate recorded within the day’s trading, before it settled…
Naira

Naira crashes against Dollar at Exporters Window again

Kazeem Ugbodaga

3 years ago

The Naira depreciated by 0.87 per cent when compared with N756.61 for which it exchanged for the dollar on Tuesday.
Naira

Dollar plummets against Naira at Exporters window

Kazeem Ugbodaga

3 years ago

The Naira gained by 1.79 per cent when compared with N770.38 it was exchanged to the dollar on Monday.

Alibaba names new CEO as Zhang steps down

Nimot Sulaimon

3 years ago

Chinese e-commerce giant Alibaba on Tuesday, announced that Eddie Yongming Wu would succeed Daniel Zhang as chief executive officer, starting…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

Asset Finance: FCMB Offers N100m to SMEs

Ademola Adegbamigbe

3 years ago

Small and Medium Scale Enterprises (SMEs) can now quickly access from N5 million to N100 million to purchase equipment needed…
ExxonMobil has announces Mr Shane Harris as new Chairman and Managing Director in Nigeria.

ExxonMobil appoints Shane Harris Chairman/MD in Nigeria

Ayorinde Oluokun

3 years ago

Harris assumes role as lead country manager for ExxonMobil’s three affiliates in Nigeria due to Richard Laing retirement.
NAMA grounds operations of Arik Air over enforcement of the court judgment on $2.5m owed by the airline to Atlas Petroleum International Ltd.

Arik Air debunks N120bn misappropriation allegation

Nimot Sulaimon

3 years ago

The management of Arik Air Limited (in receivership) has dismissed allegations of misappropriation of funds to the tune of N120…
Experts laud CBN over planned recapitalisation of banks

CBN relaxes restriction on domiciliary accounts

Kazeem Ugbodaga

3 years ago

AbdulMumin said that this is in order to improve FX supply, discourage speculation, enhance customer confidence and ensure overall stability…

Olam Agri’s Seeds for the Future wins Sustainability Initiative of the Year Award

Kazeem Ugbodaga

3 years ago

The Africa Food Awards recognises and celebrates the best companies and individuals in Africa’s rising food manufacturing, retail, academia, and…
Binance

“Binance Nigeria Limited” a scammer entity – Binance CEO

Michael Adesina

3 years ago

"Binance have issued cease and desist notice to the scammer entity "Binance Nigeria Limited"
The president and Dangote

Tinubu, Dangote meet in Abuja amidst sweeping economic reforms (Photos)]

Kazeem Ugbodaga

3 years ago

Tinubu, sworn-in on 29 May, 2023 has hit the ground running, initiating painful economic reforms, which many believe will reverse…
Tinubu's nationwide broadcast

IMF declares support for Tinubu’s exchange rate policy

Ayorinde Oluokun

3 years ago

The Central Bank of Nigeria (CBN) on Wednesday introduced a floating exchange rate system in the foreign exchange market by…
NAFDAC seals herbal medicine factory bakery and sachet water companies over failure to meet minimum production requirements in Kaduna

NAFDAC issues statement over Indomie Noodles produced in Nigeria

Michael Adesina

3 years ago

Adeyeye particularly urged MAN to take the bull by the horn with the Food, Beverage, and Tobacco sector and Chemical…

AWS launches first CloudFront Edge location in Nigeria

Michael Adesina

3 years ago

The new edge location provides secure, reliable, high-performing connectivity to the rest of the AWS global network and support for…
Naira

More trouble as Naira continues in massive fall at investors, exporters window

Kazeem Ugbodaga

3 years ago

The local currency depreciated by 5.75 per cent when compared with N664.04 for which it exchanged for the dollar on…
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