Business

Jack Ma steps down from China’s Alibaba

PM NEWS Editor

7 years ago

Jack Ma, one of China's richest men, will step down next week as chairman of Alibaba, but the start-up he…

Revelation of a millionaire fish farmer

Michael Adesina

7 years ago

A 50-year old civil servant, Mrs Magdalene Suleiman, on Saturday, said she had made millions of naira since she ventured…

NSCDC arrests 15 pump attendants in Akwa-Ibom

Nimot Sulaimon

7 years ago

The Nigeria Security and Civil Defence Corps (NSCDC) has arrested 15 pump attendants in Akwa Ibom, for allegedly violating the Department…

Truecaller reaches 500m downloads, 150m daily active users

Kazeem Ugbodaga

7 years ago

Truecaller announced has announced that the company has crossed 500 million downloads and surpassed 150 million daily active users (DAUs)…

Dollar, yen fall as global tensions ease, pound rallies

Michael Adesina

7 years ago

The safe-haven dollar and yen fell on Wednesday after global political worries eased with what markets perceived as positive news…

US court saves Nigeria from another $1.8b arbitration award

PM NEWS Editor

7 years ago

In a case that bears some resemblance to P&ID $9.6b claims against Nigeria, a U.S. judge on Wednesday rejected Exxon…

45,347 pipeline breaks recorded in 18 Years – NNPC

Nimot Sulaimon

7 years ago

The Nigerian National Petroleum Corporation (NNPC) on Saturday said that it had recorded a total of 45,347 pipeline breaks on…

MTN shuts all shops in Nigeria

PM NEWS Editor

7 years ago

MTN, Nigeria’s biggest phone service company said all its shops in the country will not be opened today. In a…

South Africa just SAVVY and rest of Africa just VAPID?

PM NEWS Editor

7 years ago

Is South Africa just savvy or are other African countries just vapid? What is at play here? Inferiority complex to…

Xenophobia: Kwara Mall opens for business under Police watch

Kazeem Ugbodaga

7 years ago

Normal business activities have resumed at the Kwara Mall on Wednesday after police took over the edifice on Tuesday evening.

UNCTAD: UK exporters stand to lose $2b without Brexit deal

PM NEWS Editor

7 years ago

Without Brexit deal, 20 percent of UK non-EU exports are at risk of facing higher tariffs from countries such as…

(Video) Xenophobia: Mob attacks Shoprite in Lagos

Kazeem Ugbodaga

7 years ago

A mob has invaded Shoprite outlet in Lekki, Lagos, Southwest Nigeria following Xenophobic attack on Nigerians in South Africa.

Federal Govt’s September savings bond opened for transactions

Isa Isawade

7 years ago

The Debt Management Office (DMO) says that the September savings bonds’ offer of the Federal Government has opened for transactions.

Trade war: 4 lessons US needs to learn from China

PM NEWS Editor

7 years ago

It is time for trade hawks in Washington to start learning at least four lessons from their futile trade war…

Niger farmers establish village savings association

Isa Isawade

7 years ago

Farmers association in Niger has established a Village Savings and Loan Association (VSLA) among members at various wards in the…

EFCC smashes N2b Ponzi scheme in Port Harcourt, owner on the run

PM NEWS Editor

7 years ago

Operatives of the Economic and Financial Crimes Commission, EFCC, Port Harcourt’s Zonal Office have arrested 19 staff of a fake…

Trump: US will win trade war against China

PM NEWS Editor

7 years ago

The United States 10-15 percent tariffs on $300 billion worth of Chinese goods will take effect from tomorrow, with President…

Vietnam’s Binh Son refinery buys 1m barrels of Nigerian crude

PM NEWS Editor

7 years ago

Vietnam’s Binh Son Refining and Petrochemical has bought 1 million barrels of Bonny Light crude in its first-ever import of…

Hedge Fund company and the forces backing P&ID against Nigeria

PM NEWS Editor

7 years ago

Mark Paul of Irish Times unravels the international forces working with P&ID, also an Irish company, to force Nigeria cough…

US consumer-sentiment index falls the lowest since 2016

PM NEWS Editor

7 years ago

The University of Michigan's consumer-sentiment index posted its largest monthly decline since December 2012 on Friday, coming in well under a…

CBN to Nigerians: Take all bad Naira notes to bank for new ones Monday

Kazeem Ugbodaga

7 years ago

The Central Bank of Nigeria, CBN, has told Nigerians to take all their torn and mutilated Naira notes to the…

Japan, AfDB announce $3.5bn in support of Africa’s private sector development

Kazeem Ugbodaga

7 years ago

Japan and the African Development Bank, AfDB on Friday announced a joint target of $3.5 billion under the Enhanced Private…

Stanbic IBTC records NN36.2bn profit after tax in 6 months

Kazeem Ugbodaga

7 years ago

Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has announced its mid-year audited results for the period…

Keystone Bank empowers youths, business start-ups

Kazeem Ugbodaga

7 years ago

Keystone Bank Limited, has launched a capacity building Masterclass to empower entrepreneurs with the requisite skills for business growth.

Reuters: Nigeria’s assets at risk worldwide in $9billion P&ID case

PM NEWS Editor

7 years ago

A British judge has said he will in September grant a firm called Process and Industrial Developments Ltd (P&ID) the…

AIICO Insurance appoints Fajemirokun as Managing Director

Isa Isawade

7 years ago

One of the leading insurance companies in Nigeria, AIICO Insurance Plc, has announced appointment of a new Managing Director and…

Kenya joins league of crude oil exporters, Uhuru flags off first shipment

PM NEWS Editor

7 years ago

Kenya has joined the league of crude oil exporters in Africa. President Uhuru Kenyatta flagged off the maiden oil shipment…

Oil thieves escalate attacks on NNPC pipelines, 106 breaches in June

PM NEWS Editor

7 years ago

The Nigerian National Petroleum Corporation (NNPC) recorded in June 77 per cent rise in oil pipeline breaches on its network…

South Africa seizes Air Tanzania’s Airbus

PM NEWS Editor

7 years ago

South African authorities have impounded an Airbus 220-300 aircraft leased by Air Tanzania, the national flag carrier.

Trump jacks up tariffs on China goods to 30%

PM NEWS Editor

7 years ago

US President Donald Trump has announced additional tariffs on $250 billion in Chinese goods, jacking up existing 25 percent duties…

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