Business

Chinese Yuan strengthens against U.S Dollar

Nimot Sulaimon

3 years ago

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 40 pips to 7.1886 against the dollar…

LAPO disburses N74bn loan to MSMEs in Q1

Michael Adesina

3 years ago

“This underscores our firm resolve to continue to promote economic activities and contribute meaningfully to economic growth.”

Tinubu to convene ECOWAS Summit on trade and investment

Ayorinde Oluokun

3 years ago

Tinubu spoke in Bissau, the capital of Guinea Bissau after he was unanimously elected as chair of the 16-nation ECOWAS…

‘Zuck a cuck’ Elon Musk slams Meta CEO in Twitter-Thread beef

Nimot Sulaimon

3 years ago

Elon Musk continues to attack Mark Zuckerberg as Meta’s Twitter clone, Threads, approaches 100 million subscribers. Since the launch of…

Experts, stakeholders harp on innovation, others for MSMEs growth at DBN’s Techpreneur Summit

Kazeem Ugbodaga

3 years ago

The theme for the Techpreneur Summit was, “Promoting Innovation and Sustainable Partnerships”, which was delivered by the keynote speaker, the…

Nigerian manufacturers opposes $155m contract for importation of electricity meters

Ayorinde Oluokun

3 years ago

By Nana Musa Association of Meter Manufacturers and Assemblers Nigeria (AMMON) has advised the Federal Government to halt attempts by…

Reps to probe NPA, NIMASA, others over auctioning of govt properties

Ayorinde Oluokun

3 years ago

By Femi Ogunshola The House of Representatives has resolved to probe what it regards as illegal auctioning of the Federal…

Verve surpasses 50 million payment cards

Kazeem Ugbodaga

3 years ago

Verve now has over 50 million issued payment cards to date. This development comes barely a year after the scheme…

CASIO, SKLD host dealership conference to eradicate counterfeit calculators

Kazeem Ugbodaga

3 years ago

Among the notable contributions of CASIO, collaborations with the Lagos State Ministry of Education took center stage. Notably, CASIO donated…

Tinubu suspends 5% Telecoms Tax, defers Finance Act

Isa Isawade

3 years ago

"The Federal government sees business owners, local and foreign investors as critical engines in its focus on achieving higher GDP…

AfDB approves $7.88m grant for renewable energy

Nimot Sulaimon

3 years ago

By Lucy Ogalue The African Development Bank(AfDB) has approved a $7.88 million grant from the Sustainable Energy Fund for Africa…

Twitter: Kim Kardashian, Jennifer Lopez, millions join Threads app in 7 hours

Michael Adesina

3 years ago

"Let's do this. Welcome to Threads," Meta CEO Mark Zuckerberg wrote in his first post on the app, along with…

The assurance President Tinubu gave investors in Abuja

Isa Isawade

3 years ago

Rone said that the president also directed them to prioritise the project expected to generate no fewer than 7,000 direct…

TEXEM UK unveils transformational programmе for Nigerian leaders

Nimot Sulaimon

3 years ago

By Bashir Rabe Mani TEXEM UK, a renowned worldwide learning and development firm, has set its sights on preparing Nigerian…

Naira devaluation: Fitch places Ecobank rating on negative watch

Kazeem Ugbodaga

3 years ago

According to Fitch, in a statement, the RWN reflects the risk of the entities breaching their respective minimum capital requirements…

Otunba Subomi Balogun honoured by NGX and CIS

Ademola Adegbamigbe

3 years ago

The Nigerian Exchange Limited (NGX), in collaboration with the Chartered Institute of Stockbrokers (CIS) and other esteemed market stakeholders, came…

Naira posts big gain against Dollar at Exporters’ Window

Kazeem Ugbodaga

3 years ago

The Naira gained by 3.61 per cent when compared with N769.25 for which it exchanged for the dollar at the…

Tinubu to investors: “We are ready for business, we are serious”

Kazeem Ugbodaga

3 years ago

Tinubu recalled that attracting fresh investment was "a promise I made personally to Nigerians. Whatever it takes, I will fulfil…

Nigeria’s inflation rate to hit 25%, says World Bank

Nimot Sulaimon

3 years ago

According to the June 2023 issue of the Nigeria Development Update, the bank predicted a considerable increase in 2023 to…

What CBN should do on exploitative bank charges – Expert

Isa Isawade

3 years ago

The CBN warned that any financial institution that breached any of the provisions as contained in the guide will pay…

Naira crumbles further against Dollar at Exporters Window

Kazeem Ugbodaga

3 years ago

The Naira depreciated by 0.82 per cent when compared with N763 for which it exchanged for the dollar before the…

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.”

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…

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…

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…

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…

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…

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…

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