Business

Turkish Airlines pockets $225m from Boeing over grounded 737 Max

PM NEWS Editor

6 years ago

Turkish Airlines has received $225million in compensation from Boeing to cover losses incurred over the U.S. manufacturer’s grounded 737 MAX…

No hope on power supply in 2020, genset market projected to grow

PM NEWS Editor

6 years ago

There is no hope yet in sight to end Nigeria's epileptic power supply as the gen set market is projected…

Sanwo-Olu signs 2020 budget of N1.168trn into law

Kazeem Ugbodaga

6 years ago

Lagos State Governor, Babajide Sanwo-Olu on Tuesday signed the 2020 budget of N1.168 trillion into law.

Huawei posts record profits in spite of U.S blacklisting

Isa Isawade

6 years ago

Chinese telecommunications giant Huawei Technologies flagged record profits for 2019 on Tuesday, despite a tumultuous year that has seen the…

Ghosn disgraced ex-Nissan chief flees from Japan

PM NEWS Editor

6 years ago

Carlos Ghosn, the former Nissan Motor chairman who faces numerous charges in Japan, is now a fugitive, after he fled…

Abiodun signs 2020 budget into Law

Kazeem Ugbodaga

6 years ago

Ogun State Governor, Prince Dapo Abiodun, on Monday signed into law the 2020 Appropriation Bill into law.

Nasarawa governor assents to N108.4bn 2020 Budget

PM NEWS Live

6 years ago

Gov. Abdullahi Sule of Nasarawa State on Monday assented to the state’s 2020 Appropriation Bill of N108.4 billion passed by…

No cause for alarm, FG justifies Nation’s $83.883bn debt profile

Kazeem Ugbodaga

6 years ago

Nigeria's Federal Government has justified the nation's debt profile put at $83.883 billion, saying there is no cause for alarm…

Wike signs 2020 budget into law

Kazeem Ugbodaga

6 years ago

Governor Nyesom Wike of Rivers State on Monday signed the 2020 budget of N530.8 billion into law at the Executive…

Lagos Assembly passes Sanwo-Olu’s N1.168trn budget into Law

Kazeem Ugbodaga

6 years ago

The Lagos House of Assembly has passed Governor Babajide Sanwo-Olu's 2020 budget of N1.168 trillion into law.

Group welcomes Bonny NLNG Train 7 project

Isa Isawade

6 years ago

A group of technocrats from Bonny Local Government Area of Rivers State under the aegis G 30 Ibani Voice has…

Dangote loses N25b to Apapa gridlock

PM NEWS Editor

6 years ago

Africa's richest man Aliko Dangote said he lost N25 billion($68.6million) to the Apapa ports-Oshodi gridlock from 2017 to the 2019…

Ogun Assembly passes 2020 budget of N449.97bn

Kazeem Ugbodaga

6 years ago

Ogun State House of Assembly on Friday passed the 2020 budget of N449.97 billion into law.

NLNG alumni give kudos to Buhari government for NLNG Train 7

PM NEWS Editor

6 years ago

Nigeria LNG Limited's Alumni Association has given the Buhari administration a pat on the back for achieving today's Final Investment…

Sanwo-Olu presents N250m seed cheque for Tech start-ups

Kazeem Ugbodaga

6 years ago

As part of plans to make Lagos State a hub for innovation and technology, Lagos State Governor, Babajide Sanwo-Olu on…

LIRS in trouble, NITDA begins investigation over data breach

Kazeem Ugbodaga

6 years ago

The National Information Technology Development Agency (NITDA) says it will investigate the Lagos State Internal Revenue Services (LIRS) and other…

NNPC, Shell, others going ahead with NLNG Train 7

PM NEWS Editor

6 years ago

The construction of Train 7 of the Nigeria Liquefied Natural Gas (NLNG) is now unstoppable

Christmas celebration: Low workers turnout recorded in Osun

PM NEWS Live

6 years ago

There was a low turn out of workers on Friday at the state secretariat in Osogbo, the Osun capital, after…

LCCI releases economic outlook for 2020

Isa Isawade

6 years ago

The Lagos Chamber of Commerce and Industry (LCCI) has projected a high cost of doing business in 2020.

Brent hits $68 as oil prices jump

PM NEWS Editor

6 years ago

Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in…

‘$30bn loan request necessary for development’

Kazeem Ugbodaga

6 years ago

Chairman, Senate Committee on Finance, Sen Olamilekan Adeola on Thursday said the plan by the Federal Government to borrow about…

Bayelsa: NCDMB, Waltersmith petroleum to construct modular refinery

PM NEWS Live

6 years ago

The Nigerian Content Development and Monitoring Board (NCDMB), says it will partner Waltersmith Petroleum Ltd. to construct a modular refinery…

Crisis hits LIRS, staff protest massive redeployment

Kazeem Ugbodaga

6 years ago

Crisis is brewing within the Lagos State Internal Revenue Service, LIRS, as staff of the agency expressed dismay over the…

How border closure saved Nigeria’s poultry industry N50b

Isa Isawade

6 years ago

The land border closure with neighbouring countries has saved the poultry industry in Nigeria about N50 billion since its commencement…

Keystone Bank partners Medplus

Isa Isawade

6 years ago

In furtherance of its commitment to empower, enhance and promote healthy living amongst Nigerian women, Keystone Bank Limited has announced…

Ewelukwa takes over at NBET, Amobi steps down

Michael Adesina

6 years ago

Dr Nnaemeka Ewelukwa has assumed office as the acting Managing Director/CEO of the Nigerian Bulk Electricity Trading Plc (NBET) following…

Makoju bows out of Dangote Cement

PM NEWS Editor

6 years ago

The Group Managing Director/CEO of Dangote Cement Plc, Joseph Makoju will bow out on January 31, 2020. He will be…

Saudi Arabia, Kuwait begin joint oil production

PM NEWS Editor

6 years ago

Saudi Aramco said on Wednesday a new agreement between Saudi Arabia and Kuwait has paved the way for the resumption…

Nissan’s stock plunges as No. 3 executive quits

PM NEWS Editor

6 years ago

Nissan stocks plunged more than 3 per cent on the Tokyo exchange on Wednesday, as the senior executive in charge…

Atiku merges all business outfits into Priam Group

PM NEWS Editor

6 years ago

Former Vice President of Nigeria, Atiku Abubakar has announced a migration of all his business outfits into an umbrella brand…

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