Business

Dangote shuts Kano tomato plant again

PM NEWS Editor

7 years ago

Dangote Tomato plant in Kano has been shut again, six months after it resumed operations from an almost three-year shut…

Boon to Nigeria as oil prices soar after Saudi attacks

PM NEWS Editor

7 years ago

Forty eight hours after the drone attacks on Saudi oil facilities, Brent crude price reopened early Monday appreciating between 15-…

Trump orders drawdown of US strategic oil reserves

PM NEWS Editor

7 years ago

US President Donald Trump said Sunday that he has authorized "the release of oil from the Strategic Petroleum Reserve" (SPR)…

Saudi Arabia races to restore crude production

PM NEWS Editor

7 years ago

Saudi Arabia raced on Sunday to restart operations at oil plants hit by drone attacks which slashed its production by…

49,200 General Motors workers begin strike, first in 12 years

PM NEWS Editor

7 years ago

Roughly 49,200 workers at General Motors plants in the U.S. will go on strike Sunday night, halting production in US.…

Saudi, Gulf stocks fall after attacks on Aramco oil plants

Isa Isawade

7 years ago

Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom’s oil industry a…

15 facts about the Air Peace boss, Allen Onyema

Ademola Adegbamigbe

7 years ago

After the xenophobic attacks by South Africans against Nigerians, many of them decided to return home. To help them, Allen…

AfDB launches US$2bn Global Benchmark bond

Kazeem Ugbodaga

7 years ago

The African Development Bank, AfDB has launched and priced a US$ 2 billion 3-year Global Benchmark bond due 16 September…

West Africa Automotive Parts Exhibition holds November in Lagos

Kazeem Ugbodaga

7 years ago

West Africa Automotive Show (WAAS), a new international trade exhibition, is set to bring the region’s automotive parts industry together…

Drone attack halves Saudi Arabia crude output, oil prices may hit $100

PM NEWS Editor

7 years ago

Oil prices may go up as much as $100 after half of Saudi Arabia's oil production went offline following a…

NLNG shops for $10b loan

PM NEWS Editor

7 years ago

Nigeria LNG Limited, the operator of Africa’s largest natural gas plant, is in talks with lenders to finance a $10…

VAT hike will deepen poverty, CSOs warn Buhari

PM NEWS Editor

7 years ago

A group of civil society organisations (CSOs) has urged the Federal Government not to implement the plan to increase Value…

London Stock Exchange rejects HKSE $37b bid

PM NEWS Editor

7 years ago

The London Stock Exchange's board on Friday said it unanimously rejected the Hong Kong Stock Exchange's $37 billion takeover bid,…

China exempts U.S. pork and soybeans from additional levies

Nimot Sulaimon

7 years ago

China’s state news agency, on Friday, reported that China will exempt U.S. agricultural products from added tariffs as Chinese firms purchased…

FIRS makes N97.7b from tax defaulters

PM NEWS Editor

7 years ago

The Federal Inland Revenue Service (FIRS), has raked in N97.7 billion from tax defaulters since it directed banks to put…

Americans paid record $6.8b Trump tariff in July

PM NEWS Editor

7 years ago

Businesses and consumers in the US paid $6.8 billion in tariffs in July, according to the free-trade advocacy groups Tariffs…

2 Maiduguri bizmen sent to jail over N13m dud cheque

PM NEWS Editor

7 years ago

Two businessmen in Maiduguri, Mohammed Danladi and Adam Abdulhamid have been remanded in prison over obtaining by false pretence and…

5 Cost-effective ways of promoting new business

Isa Isawade

7 years ago

The idea of launching a new product is very overwhelming. You can easily start on a running pace, provided you…

Apple unveils new iPhones with prices slashed

PM NEWS Editor

7 years ago

Apple unveiled its iPhone 11 models Tuesday with a price cut for the most basic models while also laying out…

Nigeria bourse drops further by N20bn amid security concerns

Michael Adesina

7 years ago

Transactions on the Nigeria bourse on Tuesday closed negative with a decline of N20 billion, extending bearish sentiment for the…

Shell loses N73b yearly to oil thieves

PM NEWS Editor

7 years ago

Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture says it loses about N202 million daily in revenue to activities…

Nigeria’s crude topples shale oil in America’s west coast

PM NEWS Editor

7 years ago

Nigeria's oil, displaced by U.S. shale, has found an unlikely new outlet in the west coast of the continental United…

Fertiliser: How accessible is it to farmers in Nigeria

Isa Isawade

7 years ago

As part of efforts to ensure self-sufficiency in food production, the Federal and State governments initiated policies aimed at making…

What I told Dutch Envoy – Sanwo-Olu

Kazeem Ugbodaga

7 years ago

Consul General of the Kingdom of the Netherlands in Lagos, Mr. Jan Van Weijen, assumed duty on Monday with a…

Orji Kalu: I didn’t sell FiBank shares in The Gambia

PM NEWS Editor

7 years ago

Senator Orji Kalu, former governor of Abia and Chief Whip of the Ninth Senate, has denied selling the issued shares…

Keystone Bank partners Google, Facebook to train MSMEs

Kazeem Ugbodaga

7 years ago

In demonstration of its commitment to consistently promote and support the growth and development of the real sector, Keystone Bank…

British Airways planes grounded by pilots over pay dispute

PM NEWS Editor

7 years ago

British Airways pilots began a 48-hour strike on Monday, grounding most of the airline’s flights and disrupting thousands of travellers’…

What we are doing with EcobankPay, Xpresspoint Agents – MD

Kazeem Ugbodaga

7 years ago

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has disclosed that the Bank is leveraging technology to push the frontiers of…

Contracts inflation: BPP saves N26.86bn for Federal Govt

Isa Isawade

7 years ago

The Bureau of Public Procurement (BPP) says it saved more than N26.86 billion for the Federal Government in 2018 alone,…

How US court freed NNPC from $2.7billion arbitration award

PM NEWS Editor

7 years ago

The NNPC has provided details of how United States Southern District Court of New York discharged it of liability to…

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