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Business

How Emmanuel Okonkwo allegedly stole N212.7m from Stanbic IBTC

Setback for Stanbic IBTC as profit crashes by 52.85 percent

Kazeem Ugbodaga

5 years ago

Stanbic IBTC Holdings Plc on Monday posted a profit before tax (PBT) of N24.70 billion for the first six months…
Governor Nyesom Wike of Rivers State of Rivers State

Wike orders RIRS to collect VAT, beckons on other states

PM NEWS Editor

5 years ago

He maintained that the benefits derivable from the judgment of the Federal High Court in Port Harcourt, also extend to…
Rivers Governor, Nyesom Wike: Controversies trail his selection to lead Ogoni stakeholders in discussion with FG on resumption of oil production in OML 11

VAT: Wike floors FG again, as court dismisses FIRS’ stay execution application

Kazeem Ugbodaga

5 years ago

A Federal High Court sitting in Port Harcourt, has dismissed an application by the Federal Inland Revenue Service, FIRS, seeking…
Obasa

Open grazing, VAT bills scale second reading at Lagos Assembly

Kazeem Ugbodaga

5 years ago

The Lagos State House of Assembly on Monday committed the bill on open grazing to the committee on agriculture after…
Africa Fintech Foundry (AFF)

AFF, Access Bank foster tech diversity with Female Digital Academy

Taiwo Okanlawon

5 years ago

The Africa Fintech Foundry (AFF) and Access Bank's 'W' Initiative have collaborated to establish a Female Digital Academy, to foster…
Aiko Dangote

Dangote Refinery plans employing 46,000 Nigerians

PM NEWS Editor

5 years ago

According to Dangote, the project currently employs 29,000 Nigerians and 11,000 foreigners
AACCI

AACCI repositions to employ Nigerian graduates

Kazeem Ugbodaga

5 years ago

The Asian-African Chamber of Commerce and Industry (AACCI) has repositioned its affairs with seasoned and tested individuals to pilot its…
DBN partners GAIN to empower 350 Nigerian women entrepreneurs

DBN disburses N400bn loan to MSMEs in four years

Kazeem Ugbodaga

5 years ago

The Development Bank of Nigeria (DBN) has disclosed that it disbursed N400 billion to Micro, Small and Medium Scale Enterprises…
Why NCC shutdown telecommunications services in Zamfara for two weeks

Why NCC shutdown telecommunications services in Zamfara for two weeks

Kazeem Ugbodaga

5 years ago

The Nigerian Communications Commission (NCC) says it ordered an immediate shutdown of all telecommunications services in Zamfara State to enable…
Winners of the AdCademy Masterclass

AAAN announces AdCademy Masterclass winners    

Kazeem Ugbodaga

5 years ago

The Association of Advertising Agencies of Nigeria has announced “Tecnovate Africa '' as winners of its second AdCademy Masterclass.
Rotimi Amaechi, 2nd right inspecting maps for the Bonny Deep Sea Port

Work on Bonny Deep Seaport to start soon – Amaechi

PM NEWS Editor

5 years ago

The port which will have a capacity of about 500,000 TEUs on completion is a necessary infrastructure for Nigeria, says…
Francis Atuche

Court freezes N19.1B of jailed Ex-Bank PHB MD, Atuche

PM NEWS Editor

5 years ago

Justice Lateefat Okunnu gave the order on Tuesday, following an ex parte application filed by the Economic and Financial Crimes…

Coca-Cola strengthens market intelligence in Nigeria with new shopper insights leadership

Michael Adesina

5 years ago

Coca-Cola said it has expanded its consumer and market intelligence operations in Nigeria as part of efforts to improve retail…
Railway Guest House Ebute Meta being opened for business

NRC opens Railway Guest House in Ebute Meta Lagos

PM NEWS Editor

5 years ago

Timothy Zalanga, Managing Director, Railway Property, said the hotel’s fully equipped and functional service facilities would ensure the comfort, safety,…
Nigerian lawmakers begin massive probe of NNPC's contracts in last 32 years

Reps resume probe of unremitted N10.6bn Customs duty

Nimot Sulaimon

5 years ago

The House of Representatives Committee on Customs, on Wednesday, resumed its investigative hearing on the alleged non-remittance of N10.6 billion…
MultiChoice and FIRS

MultiChoice vs FIRS: PwC faults Tax Tribunal’s order on N900bn payment

Kazeem Ugbodaga

5 years ago

Leading professional services firm, PwC, has questioned the recent ruling of the Tax Appeal Tribunal (TAT) ordering MultiChoice Nigeria to…
Chima Anyaso

Chima Anyaso cleared of any indebtedness to GTBank

Taiwo Okanlawon

5 years ago

Managing Director of Ceecon Energy Oil & Gas Limited and Billionaire businessman, Dr. Chimaobi Desmond Anyaso has been cleared of…
Samba Seye new Total Nigeria CEO

Total Nigeria announces Samba Seye as new CEO

PM NEWS Editor

5 years ago

Seye replaces Mr Imrane Barry who has been reassigned to TotalEnergies, SE Headquarters in Paris.
CBN orders banks to publish names and BVN of defaulters

FOREX: Why CBN ordered banks to publish names, BVN of defaulters

Kazeem Ugbodaga

5 years ago

The Central Bank of Nigeria, CBN has ordered banks to publish the names and BVN of Nigerians who purchased foreign…
MTN Nigeria Communications Plc generates N1.0 trillion in service revenue in first quarter of 2025, a 40.5 per cent increase from Q1 2024.

MTN clarifies tax debt to Nigerian govt

PM NEWS Editor

5 years ago

The company says it makes advance tax payments ahead of established deadlines to support government’s revenue drive.

AFEX highlights growing global demands for cashew nuts

Taiwo Okanlawon

5 years ago

The report said cashew is an important industrial raw material with rising demand in the confectioneries, food, and beverage industries…
Zainab Shamsuna Ahmed, Minister of Finance: chairs Customs board

Agro-processing: Ogun nominated for AFDB’s programmes

Nimot Sulaimon

5 years ago

Ogun State has been nominated as one of the beneficiary states of the First Phase Implementation of Special Agro-Industrial Processing…
Aiko Dangote

Dangote’s petrochemical plant to churn out 77 grades of polypropylene

PM NEWS Editor

5 years ago

The plant with an estimated yearly turn over of $1.2 billion has the capacity to produce 900,000 metric tonnes of…
crytocurrency bitcoin

Importance of cryptocurrencies for Nigeria

PM NEWS Live

5 years ago

While the regulatory framework around cryptocurrency in Africa is still not fully developed, the country region continues to work towards…
ICPC recovers N53bn from Real Estate Developer for FMBN

ICPC recovers N53bn from Real Estate Developer for FMBN

Kazeem Ugbodaga

5 years ago

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has said that it recovered N53 billion from a real…

Ecobank boss calls for synergy to bridge infrastructure gap

PM NEWS Live

5 years ago

Managing Director, Ecobank Nigeria, Patrick Akinwuntan has advocated a synergy between financial institutions and private investors to address the infrastructure…

FCMB, Mercy Corps Synergise to Uplift Farmers, Vulnerable People

Ademola Adegbamigbe

5 years ago

First City Monument Bank announces a partnership with Mercy Corps to offer financial services to about 500,000 farmers and vulnerable…
Lasaco AGM: Despite challenges, we deliver awesome performance in 2020--Philips

Lasaco GM Philips: We delivered awesome performance in 2020 despite challenges

Michael Adesina

5 years ago

Mrs. Olateju Philips, the Chairman of Lasaco Assurance Plc, has said that the company was able to deliver an awesome…
NNPC Group Managing Director, Mallam Mele Kyari

NNPC ₦287bn profit: Facts behind the figures – Kyari

Kazeem Ugbodaga

5 years ago

Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in…
President Buhari and Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Mela Kyari

ICYMI: Why Buhari is excited by NNPC’s first profit in 44 years

PM NEWS Editor

5 years ago

NNPC's GMD Mele Kyari attributed the profit to cost cutting, improved efficiency as well as lower borrowing rates.
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