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Business

Minister of Finance, Zainab Ahmed

Fuel subsidy to go by June 2023, says finance minister

Ayorinde Oluokun

3 years ago

By Kadiri Abdulrahman The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said the Federal Government will…
House of Reps. Committee on PSCS of Nigerian National Petroleum Company Ltd. summons Total Upstream over tax claims of 85 billion dollars.

Reps panel summons Total, others over $85bn tax

Ayorinde Oluokun

3 years ago

Fulata also summoned AGIP Energy Natural Resources Ltd, Shell Nigeria Exploration Company. Ltd. Chevron and other oil companies, saying that…
Nigeria's inflation rises

Nigeria’s inflation hits 21.09 percent in October

Kazeem Ugbodaga

3 years ago

According to the report, the figure is 5.09 per cent points higher compared to 15.99 per cent recorded in October…
Police bust 3 who allegedly stole N136.5m containers at Apapa Ports

‘How NIMASA, NPA are contributing to fall in value of naira, high petrol price’

Ayorinde Oluokun

3 years ago

The federal gvernment through its downstream regulator, and based on agreement reached with stakeholders, directed ports charges to be collected…
FG says operations Zungeru Hydroelectric Power Plant (ZHPP) have been transferred to a concessionaire, Penstock Ltd.

Why we did Zungeru Hydroelectric Power Roadshow – BPE Boss

Ademola Adegbamigbe

3 years ago

The essential objective of this roadshow is, therefore, to interact with potential investors, answer questions, and provide clarifications.

Twitter security chief Lea Kissner resigns

Nimot Sulaimon

3 years ago

The walk-outs happened a day after Musk's erratic rollout of new features after his $44 million acquisition of the significant…

Nigeria’s GDP grows by 3.54% in 2022 second quarter 

Kazeem Ugbodaga

3 years ago

The NBS said this growth rate declined from 5.01% in the second quarter of 2021 when rapid growth was recorded…

Kuda launches in the UK

Kazeem Ugbodaga

3 years ago

The launch will among other things, enable hundreds of thousands of UK-based Nigerians to combat high remittance costs on large…
Emefiele: Ex-CBN director confirms receiving $2.5m as gift from $6.2m election money

Real reason CBN is redesigning Naira notes

Kazeem Ugbodaga

3 years ago

Abdulmalik also said the apex bank’s major mandate, which was issuance of currency was a serious challenge to the bank…
Ogun government rolls out figures to disprove claim of diversion of funds allocated to LGs in the state from Federal Govt by Gov. Dapo Abiodun

Firm unveils plan to build $3bn refinery in Ogun

Ayorinde Oluokun

3 years ago

The refinery project would sit on 800 hectares of land that had already been acquired in Ipokia area of Ogun…
Dangote Group at forefront of job creation - LCCI

Dangote Group at forefront of job creation – LCCI

Ademola Adegbamigbe

3 years ago

Dangote Industries Limited's sustained efforts at providing basic infrastructure through various intervention projects have received the commendation of the Lagos…

Kanye West’s worst nightmare is coming true

Nimot Sulaimon

3 years ago

The company announced it was ending production of its Yeezy-branded products with “immediate effect” at the end of October.
BoI wins 4 International Banking and Sustainability Awards

BoI wins 4 International Banking and Sustainability Awards

Ademola Adegbamigbe

3 years ago

The Bank of Industry (BOI) has bagged 4 international awards in recognition of its outstanding developmental impact, commitment to sustainable…
Gambling

How Similar Are Nigerian and New Zealand Gambling Industries?

PM NEWS Live

3 years ago

While Nigeria does not have an online infrastructure of its own, its leadership permits its residents to gamble online if…
Efbet

How to place bets at Efbet if you are from Bulgaria, Nigeria, or any other country

Ademola Adegbamigbe

3 years ago

The majority of people from around the world have the option to use at least a few gambling operators. Online…
NAFDAC urged to regulate mode of processing cow hide into “ponmo”

Leather: $1bn revenue possible with ban on consumption of ‘ponmo’

Ayorinde Oluokun

3 years ago

The director-general said he would continue to engage key stakeholders in the crusade against the consumption of animal skin across…
Chinese Yuan and US Dollars

Chinese Yuan weakens against Dollar

Nimot Sulaimon

3 years ago

In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the…
Adewale Opaleye

AfCFTA’ll forge collaborations among e-commerce firms, accelerate Africa‘s growth – Alerzo CEO

Kazeem Ugbodaga

3 years ago

The scope of AfCFTA adequately made provisions for agreement on trade in goods, services, investment, and rules and procedures on…
Former Minister Isa Ali Pantami explains how killers of scores of worshippers at a Mosque in Unguwan Mantau, Katsina State can be arrested

Improving the startup environment with Nigerian Startup Act

Kazeem Ugbodaga

3 years ago

Startups under the Nigerian Startup Act 2022 are defined as any company in existence for not more than 10 years,…
L-R: Rector, Yaba College of Technology, Lagos, Engr. Obafemi Omokungbe; Technical Director, Dangote Cement, Duraisamy Anandam; Winner, Yaba Green Challenge, Ajide Comfort; Head, Sustainability, Dangote Cement, Dr. Igazeuma Okoroba; at the 2022 Dangote Sustainability Week event tagged “Yaba Green Challenge”, in Lagos recently.

Dangote Cement trains traders on financial literacy

Ademola Adegbamigbe

3 years ago

Dangote Cement has launched a circular economy programme, called “DangCircular”. The new initiative aims to promote recycling and reuse of…
Management of Keystone Bank alerts customers, other stakeholders that the financial institution is now fully owned by the Federal Government.

FG didn’t order Keystone Bank to close “TakeBackNaija” account – Management

Kazeem Ugbodaga

3 years ago

In a statement issued by Keystone Bank Management and made available to newsmen on Monday, the lender denied the allegations…

Prudential Africa leads industry with highest Million Dollar Round Table

Kazeem Ugbodaga

3 years ago

This is in comparison to 39 qualifiers from the same period last year, up 469 percent. This makes Prudential the…

Apple customers may experience delays in iPhone shipments

Nimot Sulaimon

3 years ago

Recently, there were reports that workers at the iPhone assembly factory in China ran away from the premises after a…
Twitter

Twitter to permanently suspend account impersonators

Nimot Sulaimon

3 years ago

The move came after the platform allegedly suspended users who had changed their user names to Elon Musk, including U.S.…
Chainlink

Is Chainlink a good investment?

PM NEWS Live

3 years ago

Through Chainlink, real-sector enterprises can access Ethereum and other popular blockchains and ease their business processes using smart contracts and…
The Toyota automobile company, China, has recalled 14,799 defective Lexus vehicles, according to a statement by the Corps Public Education Officer (CPEO) Federal Road Safety Corps (FRSC), Bisi Kazeem, on Friday in Abuja.

Toyota recalls 14,799 defective Lexus vehicles

Ayorinde Oluokun

3 years ago

The withdrawal was specifically premised on the fact that the TSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSoyota vehicles would pose safety hazard to their users thereby…
Gov. Dapo Abiodun performs the groundbreaking of Ogun Special Agro-Industrial Processing Zone (SAPZ) at the Agro Cargo International Airport

Ogun: Abiodun flags off $400m Agro Cargo Airport processing zone

Ayorinde Oluokun

3 years ago

The first phase of the project worth $400m being executed in collaboration with Arise Integrated Industrial Platforms and Ogun state…
Dana Air disengages some of its staff members due to the ongoing audit of its operations by the Nigerian Civil Aviation Authority, NCAA.

JUST IN: Dana Air announces resumption of operation 

Kazeem Ugbodaga

3 years ago

The Nigerian Civil Aviation Authority (NCAA) had on 20 July 2022 suspended Dana Airlines’ air transport licence (ATL) and air operator…
There’s been considerable talk in the online community about using VPNs to access online casinos while on GamStop in the UK.

Here is why some online bettors are not that interested in online casinos

Ademola Adegbamigbe

3 years ago

If you want to use a casino, you must choose an online betting operator or a land-based alternative. Both have…
Chinese Yuan and US Dollars

Chinese Yuan weakens against Dollar

Nimot Sulaimon

3 years ago

In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the…
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